HomenewsPTA

  • 9 Korean firms join W1,000,000,000,000 profit club

    • May 28, 2017
    • Posted by: ssr
    • Category: Chemical
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    9 Korean firms join W1,000,000,000,000 profit club By Jhoo Dong-chan Nine Korean firms joined the 1 trillion won ($879 million) profit club in the first quarter of this year. They are Samsung Electronics, SK hynix, POSCO, Shinhan Financial Group, Hyundai Motor, LG Display, SK Innovation, Korea Electric Power Corp. (KEPCO), and SK C&C. This compares
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  • Hanwha Chemical Q1 net more than triples on higher prices

    • May 22, 2017
    • Posted by: ssr
    • Category: Chemical
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    Hanwha Chemical Q1 net more than triples on higher prices Hanwha Chemical Corp., a major chemicals firm here, said Thursday that its first-quarter earnings more than tripled from a year earlier, largely thanks to a rise in prices of its key products. Net profit reached a record 324 billion won ($287 million) in the January-March
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  • Lotte Chemical to invest W370b in facility expansion

    • May 12, 2017
    • Posted by: ssr
    • Category: Chemical
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    Lotte Chemical to invest W370b in facility expansion Lotte Chemical Corp., a major chemicals firm here, said Wednesday that it plans to spend 370 billion won ($326 million) in expanding facilities in the country, to better meet demand and strengthen its product portfolio. Lotte Chemical decided to expand the output at its domestic plant that
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  • SK Innovation to improve further

    • April 26, 2017
    • Posted by: ssr
    • Category: Chemical
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    Petrochemical plant at night, oil and gas industrial
    SK Innovation to improve further  SK Innovation widely beat market expectations in the first quarter and its earnings will improve further, said Kiwoom Securities on April 26, raising the target price to 240,000 won (US$212.67) from 220,000 won and maintaining a “buy” recommendation. Revenue increase across sectors on the back of oil price hike and
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  • Lotte Chemical likely to report record-high profit in Q1

    • April 14, 2017
    • Posted by: ssr
    • Category: Chemical
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    Lotte Chemical likely to report record-high profit in Q1 Lotte Chemical Corp., a petrochemical unit under South Korea’s fifth-largest conglomerate, may report a record-high profit in the first quarter, driven by the anticipated listing of Lotte Chemical Titan Holding in Kuala Lumpur, Malaysia, and the price hike of chemical products, an analyst said Tuesday. The
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  • SK’s ICT exports surges after hynix buyout

    • April 10, 2017
    • Posted by: ssr
    • Category: Chemical
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    SK’s ICT exports surges after hynix buyout A landmark acquisition of a local chipmaker by SK Group five years ago has accelerated the growth of the group’s information and communications technology businesses, pushing their outbound shipments to surge 127-fold, the group said Sunday. “The ICT affiliates’ boost in sales has played a critical role in
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  • Korean petrochemicals firms accelerating overseas push

    • March 30, 2017
    • Posted by: ssr
    • Category: Chemical
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    Korean petrochemicals firms accelerating overseas push South Korean petrochemicals firms, led by LG Chem Ltd., are seeking to diversify their export destinations and establish more overseas production facilities, in a bid to reduce their dependence on China, industry sources said Wednesday. According to the sources, LG Chem, the country's No. 1 player in the chemicals
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  • LG Chem rushing to reach global top 5

    • March 23, 2017
    • Posted by: ssr
    • Category: Chemical
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    Petrochemical plant at night, oil and gas industrial
    LG Chem rushing to reach global top 5 LG Chem is rushing to join the global top five chemical giants by expanding its investment volume to 2.76 trillion won ($2.44 billion) this year in equipment and facilities, the company said Sunday. This would be a whopping 40 percent growth from a year ago. The invested
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  • LG Chem eyeing global top 5 chemical firm

    • March 1, 2017
    • Posted by: ssr
    • Category: Chemical, Uncategorized
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    1396921731_43020
    LG Chem eyeing global top 5 chemical firm LG Chem is seeking to establish itself as one of the top five chemical firms of the world, enhancing its capabilities and bracing for the future business environment. To do so, the nation's leading chemical company plans to invest 2.76 trillion won ($2.43 billion) to boost its
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  • Samsung Bioepis’ biosimilar hits $100 mil. sales in Europe

    • February 27, 2017
    • Posted by: ssr
    • Category: Uncategorized
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    Samsung Bioepis' biosimilar hits $100 mil. sales in Europe By Yoon Sung-won Samsung Bioepis is accelerating business in Europe on solid sales of its first biosimilar medicine "Benepali," according to the pharmaceutical industry Tuesday. In its recent regulatory filing, U.S. pharmaceutical enterprise Biogen said it posted $100.6 million in sales of Benepali in the European
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