Green Premium purchase agreement
Scope
Date
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Mergers & Acquisitions
SK Energy acquires logistics platform Goodsflow
South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...
Jul 21, 2023 (Gmt+09:00)
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Beauty & Cosmetics
Bain Capital in talks to buy Korean aesthetic device maker Ilooda
Ilooda, a South Korean medical aesthetic devices maker valued at around 200 billion won ($158 million), is likely to sell its management rights to U...
Jul 19, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells pursues next-gen energy solutions other than solar
Lee Koo-yung, CEO of the solar power unit Qcells Division (Hanwha Q Cells) of South Korea's Hanwha Solutions Corp., on Monday said, "We will go beyo...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries gets early jump on green vessel market
South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...
Jul 19, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Chemical, DL Energy team up to produce renewable energy
South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...
Jul 18, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young opens premium cosmetics mall
South Korea’s top beauty chain CJ Olive Young on Monday launched the premium store Lux Edit online to roll out products from both big names an...
Jul 18, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution to expands BaaS with Mintech
South Korea's LG Energy Solution Ltd. partners with Mintech Co., a battery diagnostic solution provider, to expand its Battery-as-a-Service (BaaS) b...
Jul 17, 2023 (Gmt+09:00)
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Electronics
Samsung Elec to enhance ties with LG at expense of BOE
Samsung Electronics Co., the world’s largest TV maker, is set to reduce the procurement of panels from BOE Technology Group Co., the global li...
Jul 17, 2023 (Gmt+09:00)
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Hydrogen economy
Korea Zinc ties up with SK, Hanwha for Aussie green ammonia
Korea Zinc Inc., the world’s largest lead and zinc smelter, has joined hands with SK Gas Ltd. and Hanwha Impact Corp. for the green ammonia bu...
Jul 14, 2023 (Gmt+09:00)
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Construction
Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm
South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...
Jul 12, 2023 (Gmt+09:00)
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Energy
KHNP participates in Australian green cement project
Korea Hydro & Nuclear Power Co. (KHNP) will participate in the South Australia green cement transition project, which aims to produce green hydr...
Jul 11, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics creates global hit with new gaming monitor
Samsung Electronics Co. ’s new gaming monitor has received over 3,000 advance orders worldwide.The company on Monday said it began presale of ...
Jul 10, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics opens gaming-focused shopping platform
South Korea's Samsung Electronics Co. announced on Monday that it has opened the Samsung Gaming Portal on its domestic website Samsung.com to streng...
Jul 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SKC acquires 45% stake in chip test firm ISC for $400 million
SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...
Jul 07, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO Int'l to build 1.26 mn tons of green hydrogen infrastructure by 2035
South Korea's largest trading company POSCO International revealed on Friday its strategy to establish a green hydrogen supply infrastructure with...
Jul 07, 2023 (Gmt+09:00)
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Steel
POSCO gears up for big stride as green materials firm with Hyper NO
South Korea’s steel pioneer POSCO under POSCO Holdings Inc. is preparing to take another big stride as an eco-friendly materials provider with...
Jul 06, 2023 (Gmt+09:00)
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Fashion
S.Korea’s best-selling premium fashion brand Time to go global
Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...
Jul 05, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Wednesday that it has signed a memorandum of understanding (MO...
Jul 05, 2023 (Gmt+09:00)
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Fintech
SK C&C to release Kospi-focused AI investment strategy service
SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...
Jul 04, 2023 (Gmt+09:00)
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Carbon neutrality
POSCO Int'l to cut carbon emissions 37% by 2030
South Korea's largest trading company POSCO International on Sunday said it officially declared its goal of achieving carbon neutrality by 2050 to b...
Jul 03, 2023 (Gmt+09:00)
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Food & Beverage
Dongwon F&B selects virtual human family as brand model
South Korea's food and beverage company Dongwon F&B Co. announced on Friday that it has selected a virtual human family as the model for its pre...
Jun 30, 2023 (Gmt+09:00)
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Retail
S.Korea’s mattress maker Zinus launches premium product line
South Korean furniture and mattress maker Zinus Inc., an affiliate of Hyundai Department Store Group, has started a premium mattress line.The compan...
Jun 30, 2023 (Gmt+09:00)
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Korean food
S.Korea exports halal-certified beef to Malaysia for 1st time
Halal-certified premium Korean beef Hanwoo was exported to Malaysia on Thursday, marking the culmination of seven years of quarantine negotiations f...
Jun 29, 2023 (Gmt+09:00)
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Retail
7-Eleven’s operator Korea Seven hit by rating cut
The credit rating of Korea Seven Co., which runs the South Korean operations of the convenience store chain 7-Eleven, was downgraded to its lowest l...
Jun 27, 2023 (Gmt+09:00)
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Energy
POSCO Int'l, CIP tie up for Korean offshore wind project
POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...
Jun 27, 2023 (Gmt+09:00)
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ESG
SKIET rejuvenates old mining town in Poland as green industry hub
DABROWA GORNICZA, Poland – It was not long ago that the Polish city of Dabrowa Gornicza in Silesia Province was struggling to bring back its g...
Jun 26, 2023 (Gmt+09:00)
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Electronics
Samsung, LG fuel rivalry in global hospitality TV market
Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...
Jun 25, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium signs 47-yr Oman green hydrogen project
A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...
Jun 22, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor partners with Japanese culture content firm for EV sales
South Korean automaker Hyundai Motor Co. and Japanese lifestyle content company Culture Convenience Club (CCC) on Thursday announced a strategic par...
Jun 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai showcases its future green vessel tech in Vietnam
South Korea's HD Hyundai Co. on Thursday said its CEO Chung Ki-sun visited the affiliate Hyundai Vietnam Shipbuilding in the central Vietnamese prov...
Jun 22, 2023 (Gmt+09:00)