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SK global chemical sets up JV with China’s TCL
- August 1, 2017
- Posted by: ssr
- Category: Chemical
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LG Chem wins water treatment contract in Egypt [THE INVESTOR] SK global chemical, an affiliate of leading refiner SK innovation, has recently set up a 50:50 joint venture with Chinese tech giant TCL Group for the production of chemical products for chips and displays, Chosun Biz reported on Aug. 1. The new entity, called SK TCL -
Seoul presses USFK on oil cleanup
- July 14, 2017
- Posted by: ssr
- Category: Chemical
LG Chem wins water treatment contract in Egypt By Kim Se-jeong The Seoul Metropolitan Government is organizing a forum on oil contamination in the soil of U.S. Army Garrison (USAG) Yongsan in central Seoul, Thursday, in an effort to pressure the U.S. to clean the site before its relocation is completed. The city said the -
LG Chem wins water treatment contract in Egypt
- June 19, 2017
- Posted by: ssr
- Category: Chemical
LG Chem wins water treatment contract in Egypt By Lee Min-hyung LG Chem has won an exclusive license to supply water treatment filters to a seawater desalination plant in Egypt, the company said Sunday. Under the contract with Dubai-based water management company Metito, LG Chem will provide reverse osmosis (RO) membranes for the plant, which -
SK Innovation shifts to car batteries, chemicals
- June 5, 2017
- Posted by: ssr
- Category: Chemical
SK Innovation shifts to car batteries, chemicals By Lee Hyo-sik SK Innovation is shifting its focus to car batteries and petrochemicals to strengthen its competitive edge and bolster its bottom line, the company CEO said Tuesday. Korea's largest refiner plans to increase its car battery production to capitalize on the rapidly growing electric vehicle segment, -
9 Korean firms join W1,000,000,000,000 profit club
- May 28, 2017
- Posted by: ssr
- Category: Chemical
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 -
Hanwha Chemical Q1 net more than triples on higher prices
- May 22, 2017
- Posted by: ssr
- Category: Chemical
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 -
Lotte Chemical to invest W370b in facility expansion
- May 12, 2017
- Posted by: ssr
- Category: Chemical
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 -
SK Innovation to improve further
- April 26, 2017
- Posted by: ssr
- Category: Chemical
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 -
SK Innovation adopts Turkish art for new ads
- April 19, 2017
- Posted by: ssr
- Category: Chemical
SK Innovation adopts Turkish art for new ads By Park Jae-hyuk SK Innovation's new advertisements expressed in the traditional Turkish art form of "ebru" have been the talk of the town. Better known as marbling here, ebru creates colorful patterns by sprinkling and brushing pigments onto a pan of oily water and then transferring the -
Lotte Chemical likely to report record-high profit in Q1
- April 14, 2017
- Posted by: ssr
- Category: Chemical
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