battery safety evaluation center
Scope
Date
~
-
Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
Jun 19, 2023 (Gmt+09:00)
-
Robotics
POSCO to raise steel plant safety with robots
POSCO Research Institute, a think tank under South Korea’s top steelmaker POSCO Group, on Sunday said it signed an agreement with Withrobot an...
Jun 19, 2023 (Gmt+09:00)
-
K-pop
Seoul tightens safety oversight for BTS 10th anniversary fireworks
The South Korean government is stepping up safety oversight ahead of the BTS Festa fireworks show. This is in response to last year's massive crowd ...
Jun 16, 2023 (Gmt+09:00)
-
Batteries
LG, Samsung showcase new battery packs at InterBattery Europe 2023
MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...
Jun 14, 2023 (Gmt+09:00)
-
Batteries
SKIET bets big on Europe's battery separator market
DABROWA GORNICZA, Poland – The production line of lithium-ion battery separators in SK IE Technology Co.’s (SKIET) factory in Dąbrowa G&...
Jun 14, 2023 (Gmt+09:00)
-
Batteries
Samsung SDI, GM to build JV plant for EV batteries in Indiana
South Korea's major secondary battery maker Samsung SDI Co. and General Motors (GM) of the US will set up a joint venture (JV) plant for electric ve...
Jun 14, 2023 (Gmt+09:00)
-
Batteries
POSCO breaks ground on lithium hydroxide plant in S.Korea
POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker,held a groundbreaking ceremony on Tuesday to mark the commen...
Jun 13, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
SKC to sell unit to Glenwood PE at $390 mn for future biz
SKC Ltd., a South Korean chemical materials maker, is set to sell a subsidiary to Glenwood Private Equity in a deal estimated at 500 billion won ($3...
Jun 13, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
Samsung Heavy to establish R&D center in Busan
Samsung Heavy Industries is pushing forward with the establishment of a research and development (R&D) center in Busan. This move is part of the...
Jun 12, 2023 (Gmt+09:00)
-
Corporate strategy
LG Group to launch global strategy center in July
LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunda...
Jun 12, 2023 (Gmt+09:00)
-
Batteries
Korea’s cathode supplier L&F aims to make it big with anodes: CEO
DAEGU – L&F Co., a former LCD backlight unit maker, has long been a stranger even to locals in Daegu, a provincial city 165 km away from S...
Jun 11, 2023 (Gmt+09:00)
-
Logistics
Hanjin to participate in operation of logistics center in Thailand
South Korea's Hanjin Transportation, a logistics unit of Hanjin Group, announced on Friday that it will open a 9,000-square-meter container freight ...
Jun 09, 2023 (Gmt+09:00)
-
Batteries
LG Energy to expand EV battery care with 7 imported car dealers
South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...
Jun 09, 2023 (Gmt+09:00)
-
Private equity
Korean battery maker SK On attracts $400 mn from Hillhouse
South Korean battery maker SK On Co. has secured $400 million from Hillhouse, a Singapore-headquartered asset management firm, investment banking so...
Jun 08, 2023 (Gmt+09:00)
-
Electric vehicles
Polestar 3 to light up roads with headlamps of LG’s ZKW
The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...
Jun 08, 2023 (Gmt+09:00)
-
Batteries
Hyundai, SK battery JV may receive up to $700 mn in US grants
Hyundai Motor Co. and SK On Co. could receive up to $700 million in US tax breaks and grants for their electric vehicle battery plant under construc...
Jun 07, 2023 (Gmt+09:00)
-
Batteries
LG Energy, Novonix join hands for US EV battery material
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, has teamed up with Novonix Ltd., an Australian cell ingredi...
Jun 07, 2023 (Gmt+09:00)
-
Chemical Industry
Investment in battery raw materials raises sodium hydroxide prices
The price of sodium hydroxide or caustic soda, an essential component in the smelting of raw materials for producing batteries, is rising because So...
Jun 07, 2023 (Gmt+09:00)
-
Batteries
SKIET signs deal to supply secondary battery separators to N.America
SK IE Technology Co. (SKIET), an SK Innovation-affiliated manufacturer of secondary battery separators, is set to move into the North American marke...
Jun 02, 2023 (Gmt+09:00)
-
Batteries
LG Energy to expand smart factory systems to N.America JVs
South Korea’s LG Energy Solution Ltd. will introduce smart manufacturing systems to all its joint venture battery plants under construction in...
Jun 01, 2023 (Gmt+09:00)
-
Logistics
S.Korea opens logistics center at Surabaya port, Indonesia
South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministr...
Jun 01, 2023 (Gmt+09:00)
-
Corporate strategy
POSCO to comply with IRA rules to access battery tax breaks: chairman
NEW YORK – POSCO Group, which owns South Korea’s largest steelmaker, has been striving to transform into a low-carbon conglomerate by sh...
Jun 01, 2023 (Gmt+09:00)
-
Chemical Industry
Toray to move into battery separator business
Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator f...
Jun 01, 2023 (Gmt+09:00)
-
Logistics
CJ OliveNetworks to build pharmaceutical distribution center
South Korean digital service company CJ OliveNetworks is accelerating its logistics center operations by teaming up with Pusan National University Y...
Jun 01, 2023 (Gmt+09:00)
-
Bio & Pharma
Celltrion unveils phase 1 clinical data of Actemra biosimilar in Europe
South Korean biosimilar giant Celltrion Inc. revealed on Wednesday the highly anticipated clinical phase 1 data for its Actemra biosimilar, CT-P47, ...
May 31, 2023 (Gmt+09:00)
-
Robotics
POSCO, LG Electronics to jointly build smart factory
POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...
May 31, 2023 (Gmt+09:00)
-
Batteries
LG Chem breaks ground on 4th cathode material plant in S.Korea
LG Chem Ltd., the top chemicals company in South Korea, said on Wednesday it broke ground on the country’s largest plant to produce carbon nan...
May 31, 2023 (Gmt+09:00)
-
Korean stock market
Foreign demand for chip stocks powers Kospi to 1-year high
South Korea’s main bourse Kospi on Tuesday hit its highest closing since June last year, boosted by foreigners’ net buying in semiconduc...
May 30, 2023 (Gmt+09:00)
-
Batteries
Hanwha Aerospace invests in US secondary battery startup
South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...
May 30, 2023 (Gmt+09:00)
-
Batteries
POSCO Future M-GM JV to receive investment from Canadian gov’t
POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., revealed on Monday that Ultium CAM, its joint venture with General Motor...
May 30, 2023 (Gmt+09:00)