battery deal
Scope
Date
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Hydrogen economy
Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech
South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...
Jul 17, 2023 (Gmt+09:00)
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Beauty & Cosmetics
TPG to fully acquire cosmetics container firm Samhwa at around $237 mn
Texas-based private equity firm TPG Inc. is poised to fully acquire Samhwa Co., a South Korean cosmetic packaging supplier to global beauty powerhou...
Jul 14, 2023 (Gmt+09:00)
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Central bank
BOK keeps door open for another rate hike on Fed, debts
South Korea’s central bank on Thursday kept the door open for another interest rate hike after leaving the policy borrowing cost unchanged for...
Jul 13, 2023 (Gmt+09:00)
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Construction
Hyundai E&C to commercialize CCS for the first time in S.Korea
South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...
Jul 13, 2023 (Gmt+09:00)
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Batteries
POSCO sharply lifts 2030 battery materials sales targets
South Korea’s POSCO Holdings Inc. on Tuesday sharply revised up its sales targets for rechargeable battery materials as it is aiming to join t...
Jul 11, 2023 (Gmt+09:00)
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Batteries
S.Korea’s imports of LFP cathode reverses to growth after 8 years
South Korea's imports of cathode materials used to make lithium ferrophosphate (LFP) batteries in the first five months of this year rose for the fi...
Jul 11, 2023 (Gmt+09:00)
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Bio & Pharma
Novartis $391 mn deal powers Samsung Biologics backlogs to record high
Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, inked a $391 million contract from Novartis, nearly fi...
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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Batteries
LG Energy triples lithium orders from SQM for US benefits
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procurement from Sociedad ...
Jul 07, 2023 (Gmt+09:00)
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Debt financing
Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022
The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...
Jul 06, 2023 (Gmt+09:00)
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Automobiles
Kumho Tire signs official sponsorship deal with AC Milan
South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...
Jul 06, 2023 (Gmt+09:00)
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Real estate
Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn
Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...
Jul 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean mulls large investments in warship facilities
Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...
Jul 06, 2023 (Gmt+09:00)
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Batteries
Deal reached on LG-Stellantis battery plant subsidy; construction resumes
All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...
Jul 06, 2023 (Gmt+09:00)
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Batteries
SKC to invest $3.8 bn in secondary battery materials by 2025
South Korea's chemical material maker SKC will invest over 5 trillion won ($3.8 billion) in three sectors -- secondary batteries, semiconductors and...
Jul 05, 2023 (Gmt+09:00)
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Advertising & Marketing
Woongjin ThinkBig signs licensing deal with Disney
South Korean educational technology company Woongjin ThinkBig Co. on Tuesday said it signed a licensing agreement with Walt Disney Korea, the domest...
Jul 05, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics wins $897 mn in two deals with Pfizer
Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO) in terms of production capacity, said on Tuesday it has w...
Jul 04, 2023 (Gmt+09:00)
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Batteries
Kia to begin EV battery subscription service pilot project
South Korea's Kia Corp. said on Tuesday it has partnered with Hyundai Capital Services, Shinhan EZ General Insurance, the Seoul Taxi Association, Ha...
Jul 04, 2023 (Gmt+09:00)
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Waste management
KPS to recycle waste batteries for Samsung Electronics
Segi Recycling Technology, aka Segi Retech, a secondary battery recycling subsidiary of South Korea's KPS Corporation, has entered the market for re...
Jul 04, 2023 (Gmt+09:00)
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Airlines
LCC Air Premia to be jointly managed by two PE firms
Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holding...
Jul 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target
South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...
Jul 03, 2023 (Gmt+09:00)
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Bio & Pharma
GC Biopharma inks $90mn deal for blood products in Brazil
South Korea's GC Biopharma Corp. on Monday announced on Monday that it has a supply contract with Blau Farmacêutica, a Brazilian pharmaceutica...
Jul 03, 2023 (Gmt+09:00)
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Batteries
Korea-China battery minerals tie-up mutually beneficial: CNGR chief
China and South Korea stand to mutually benefit by strengthening their partnership in the battery materials business amid tougher US regulations on ...
Jul 03, 2023 (Gmt+09:00)
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Retail
Convenience store giant BGF Retail signs IPR deal with YG Plus
South Korea's BGF Retail, which runs the leading domestic convenience store chain CU, on Monday said it will sign a deal with YG Plus, which special...
Jul 03, 2023 (Gmt+09:00)
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Aerospace & Defense
Indonesia yet to notify Korea of payment plan for joint fighter program
Indonesia has yet to provide South Korea with a timetable for payment on a joint fighter jet program as promised, undermining trust in Jakarta&rsquo...
Jul 03, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung SDI gets carbon footprint certification
South Korea's Samsung SDI Co., the sixth-largest electric vehicle cell maker globally, announced on Friday that it has become the first secondary ba...
Jun 30, 2023 (Gmt+09:00)
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Batteries
Samsung SDI expands cooperation with EV makers
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is expanding cooperation with its customers including General Motors C...
Jun 29, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK E&S eyes business split-up to raise up to $1. 5 bn
South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...
Jun 29, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Group seeks new partners in Silicon Valley’s startup scene
South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...
Jun 28, 2023 (Gmt+09:00)
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Leadership & Management
POSCO’s Choi traverses Canada, US to pitch for battery material projects
Choi Jeong-woo, chairman of South Korea’s largest steel group POSCO, is crisscrossing Canada and the US to meet with politicians and business ...
Jun 28, 2023 (Gmt+09:00)