HomenewsPharmaceuticals

  • SK Group’s exports exceed domestic sales in 2017

    • February 4, 2018
    • Posted by: ssr
    • Category: Chemical
    No Comments
    sk-inno-740(0)
    SK Group's exports exceed domestic sales in 2017 SK Group said Sunday the proportion of exports in its total sales reached a record high last year, on the back of the brisk performance of its energy and chip businesses. South Korea's third-largest business group booked combined sales of 139 trillion won ($127.9 billion) in 2017.
    read more

  • LG Chem obtains approval for sale of biosimilar etanercept in Japan

    • January 27, 2018
    • Posted by: ssr
    • Category: Chemical
    No Comments
    1396921731_43020
    LG Chem obtains approval for sale of biosimilar etanercept in Japan LG Chem Ltd., South Korea's leading chemical company, said Friday that it has obtained Japanese approval to sell its biosimilar etanercept for the treatment of rheumatoid arthritis. The Japanese Ministry of Health, Labor and Welfare has approved LG Chem's new drug, which is biosimilar
    read more

  • Seoul shares end higher on tech, chemical gains, Korean won rises to 3-year high

    • January 19, 2018
    • Posted by: ssr
    • Category: Chemical
    No Comments
    20170329000562_0
    Seoul shares end higher on tech, chemical gains, Korean won rises to 3-year high South Korean stocks advanced Tuesday, the first trading session of 2018, as large cap tech and chemical shares gained ground, analysts said. The Korean won sharply rose against the US dollar to reach an over three-year high. The benchmark Korea Composite
    read more

  • Petroleum refinery industry increasing investment, diversifying portfolio

    • December 25, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    smoke-258786_1280
    Petroleum refinery industry increasing investment, diversifying portfolio South Korea's petroleum refinery industry is making large scale investments and diversifying their portfolios amid solid growth this year, market watchers said Monday. Observers said that the move comes as companies want to capitalize on recent gains and better insulate themselves from uncertainties going forward. S-Oil Corp., which
    read more

  • SK completes acquisition of Dow Chemical packaging business

    • December 18, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    sk-inno-740(0)
    SK completes acquisition of Dow Chemical packaging business SK Global Chemical on Friday completed its acquisition of Dow Chemical’s packaging product business, the company said in a statement Monday. SK Global Chemical, the chemical unit of SK Innovation, signed a deal with Dow Chemical to acquire the US chemical firm’s polyvinylidene chloride (PVDC) unit in
    read more

  • Lotte Chemical to expand ethylene output capacity

    • December 13, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    20170329000562_0
    Lotte Chemical to expand ethylene output capacity SEOUL, Dec. 12 (Yonhap) — Lotte Chemical Co., a major chemicals firm here, said Monday that it plans to increase ethylene output capacity in South Korea to meet growing demand. Lotte Chemical plans to jack up the annual output capacity of its plant in Yeosu by 200,000 tons
    read more

  • LG Chem promotes former SNU professor to executive VP

    • December 5, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    20170409000164_0
    LG Chem promotes former SNU professor to executive VP LG Chem promoted Lee Jin-kyu, a former Seoul National University professor, to an executive vice president in its latest reshuffle, crediting him with contributing to the tech firm’s capabilities of developing inorganic materials technologies. Lee Jin-kyu, a new research chairman at LG Chem (LG Chem) Lee’s
    read more

  • SK Chemicals to adopt holding company structure

    • November 30, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    bill-603243_640
    SK Chemicals to adopt holding company structure SK Chemicals, the chemicals and biopharmaceutical arm of South Korea’s SK Group, will officially take on a holding company structure from Friday, marking the biggest structural change for the company since its foundation 48 years ago. SK Chemicals will be split into a holdings company and a business
    read more

  • LG Chem aims to become global top five chemical firm

    • November 27, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    1396921731_43020
    LG Chem aims to become global top five chemical firm LG Chem aims to join the ranks of the world's top-five chemical giants by 2025 with a focus on research and development to make its basic chemical and material businesses more advanced, the company said Thursday. Under the vision, the company raised its 2017 capital
    read more

  • South Korea, Indonesia vow to boost economic, security ties

    • November 21, 2017
    • Posted by: ssr
    • Category: Chemical
    No Comments
    1396921731_43020
    South Korea, Indonesia vow to boost economic, security ties By Kim Hyo-jin President Moon Jae-in and his Indonesian counterpart Joko Widodo agreed to strengthen bilateral economic and security cooperation in their summit, Cheong Wa Dae said Thursday. They released a "joint vision" statement following the summit, in which they agreed to elevate relations to a
    read more