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SK completes acquisition of Dow Chemical packaging business
- December 18, 2017
- Posted by: ssr
- Category: Chemical
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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 -
Lotte Chemical to expand ethylene output capacity
- December 13, 2017
- Posted by: ssr
- Category: Chemical
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 -
LG Chem promotes former SNU professor to executive VP
- December 5, 2017
- Posted by: ssr
- Category: Chemical
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 -
SK Chemicals to adopt holding company structure
- November 30, 2017
- Posted by: ssr
- Category: Chemical
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 -
South Korea, Indonesia vow to boost economic, security ties
- November 21, 2017
- Posted by: ssr
- Category: Chemical
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 -
Dongwha buys Finnish tegofilm manufacturer
- November 9, 2017
- Posted by: ssr
- Category: Chemical
SK Chemicals’ shingles vaccine wins regulatory approval in Korea By Park Jae-hyuk Dongwha Enterprise has bought Kotkamills Imprex for 34.5 billion won ($30.5 million), becoming the world's second-largest tegofilm producer, the company said Friday. Kotkamills Imprex is a subsidiary of the Finnish-based wood products company, Kotkamills Oy. Tegofilm, or phenolic surface paper, is an adhesive -
SK Chemicals’ shingles vaccine wins regulatory approval in Korea
- October 26, 2017
- Posted by: ssr
- Category: Biotechnology, Chemical, Medicine
SK Chemicals’ shingles vaccine wins regulatory approval in Korea South Korean drug regulators on Monday granted sales approval to SK Chemicals’ herpes zoster vaccine, marking the second ever approval by a country’s regulator of a new treatment targeting the viral disease. The Korean Ministry of Food and Drug Safety approved SK’s Sky Zoster vaccine for -
LG Chem to spend W 230 bil. on Naju plant
- October 24, 2017
- Posted by: ssr
- Category: Chemical
LG Chem to spend W 230 bil. on Naju plant By Yoon Sung-won LG Chem, Korea's leading chemical company, said Thursday that it plans to spend 230 billion won ($201 million) by 2022 for the expansion and upgrade of a factory in Naju, South Jeolla Province. The Seoul-based company said that it will expand the -
Office launched for Korea-Central Asia cooperation
- August 29, 2017
- Posted by: ssr
- Category: Chemical
Office launched for Korea-Central Asia cooperation South Korea and five Central Asian countries on Monday launched an office in Seoul to facilitate diplomatic, business and people-to-people cooperation through high-level dialogue, exchanges of working-level public officials and cultural festivals. The Korea-Central Asia Cooperation Forum Secretariat is the first joint permanent body between the countries and represents -
No new trade restrictions on Korean products reported in July
- August 23, 2017
- Posted by: ssr
- Category: Chemical
No new trade restrictions on Korean products reported in July Lotte Chemical listed the shares of its Malaysian unit on the stock market there, raising about 1 trillion won ($870 million) in fresh funds, the company said Tuesday. Lotte Chemical Titan floated 2.38 billion shares on the Kuala Lumpur Stock Exchange, worth 4 trillion won.