engine materials
Scope
Date
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Earnings
Rubber gloves make Korean petrochemical firms’ Q2 profit soar
South Korea’s leading petrochemical makers report their second-quarter sales and operating profit soared, boosted by strong sales of rubber gl...
Aug 06, 2021 (Gmt+09:00)
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SK Hynix to set up US NAND firm led by Intel’s senior vice president
SK Hynix that took over Intel Corp.’s NAND memory chip business plans to set up a new company in the United States. Intel’s senior vice ...
Aug 06, 2021 (Gmt+09:00)
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Fiber & Textile
Kolon Industries posts strong Q2 results with growth in all key areas
Kolon Group’s industrial materials maker Kolon Industries Inc. saw a quarterly operating profit over 100 billion won ($87 million) for the fir...
Aug 04, 2021 (Gmt+09:00)
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Entertainment
Lessons learned from Blackpink label's M&A flops
South Korea-based YG Entertainment Inc., the label behind popular K-pop girl group Blackpink, is pushing to sell off its profitable golf business in...
Jul 29, 2021 (Gmt+09:00)
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Batteries
POSCO to build $200 mn nickel refining plant to ramp up battery materials
POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...
Jul 28, 2021 (Gmt+09:00)
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EV Batteries
Surging battery material costs put roadblock to EV growth
Prices of core raw materials such as lithium and cobalt for electric vehicle (EV) batteries jumped to threaten the global auto industry’s key ...
Jul 28, 2021 (Gmt+09:00)
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Batteries
SK Materials’ shares fly high on rosy business outlook
Shares of SK Materials Co., the industrial gas manufacturing affiliate of South Korea’s SK Group, are hovering around all-time high levels ami...
Jul 21, 2021 (Gmt+09:00)
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Battery materials
SK Materials to form a JV with US battery startup Group14 Technologies
SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materials startup Group14 ...
Jul 19, 2021 (Gmt+09:00)
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Corporate investment
LG Chem to invest $8.7 bn in battery material, renewable, bio sectors
LG Chem Ltd., South Korea’s top chemical maker, said on Wednesday it will invest 10 trillion won ($8.7 billion) in the battery material, renew...
Jul 14, 2021 (Gmt+09:00)
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Batteries
SK IE Technology throned as top battery materials stock on Korean bourse
SK IE Technology Co. (SKIET), a unit of SK Innovation Co., has climbed to the top ranking among battery materials makers in terms of market capitali...
Jul 09, 2021 (Gmt+09:00)
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Batteries
POSCO Chemical to bolster EV presence with 60,000-ton cathode plant
POSCO Chemical Co. will invest 600 billion won ($523 million) from 2022 to build a cathode materials plant in Pohang city with an annual capacity of...
Jul 08, 2021 (Gmt+09:00)
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ESG
Crude oil, nitric acid and yarn turn eco-friendly amid ESG boom
South Korean material makers are boosting their efforts to go green as they increasingly adopt eco-friendly technologies for raw materials such as c...
Jul 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Failed M&As in Korea now draw excess of candidates with better outlook
South Korea’s M&A market is heating up as the outlook for the global economic recovery is becoming more comfortable this year.The M&A ...
Jun 14, 2021 (Gmt+09:00)
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Batteries
LG Energy, POSCO invest $15 mn in Aussie battery material supplier
South Korea’s LG Energy Solution Ltd. and POSCO have agreed to invest a combined 17 billion won ($15 million) in Australia's Queensland Pacifi...
Jun 08, 2021 (Gmt+09:00)
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Hydrogen economy
SK invests in the US 'turquoise' hydrogen maker Monolith Materials
SK Inc., the holding and investment company of SK Group, has made another big investment in the US hydrogen segment.On Jun. 3, SK said that it bough...
Jun 03, 2021 (Gmt+09:00)
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Automobiles
Heavy cost pressure set to drive up car prices
South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...
Jun 01, 2021 (Gmt+09:00)
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Batteries
SK Nexilis, POSCO move forward with EV battery materials projects
With competition heating up in the global race for more eco-friendly cars, South Korea’s major companies are moving forward with their plans t...
May 27, 2021 (Gmt+09:00)
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Airlines
Hanwha Aerospace in $320 mn deal to supply aircraft engine parts to GE
Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has won a $320 million deal to supply aircraft engine parts to General Elect...
May 25, 2021 (Gmt+09:00)
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Hydrogen economy
Lotte Chem in hydrogen deal with Air Liquide, invests $185 mn in materials
South Korea’s Lotte Chemical Corp. is diversifying into electric vehicle raw materials and hydrogen businesses as new growth drivers, moving a...
May 20, 2021 (Gmt+09:00)
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Batteries
Korea’s major firms look for M&A targets in battery materials business
South Korea’s major companies are looking for merger and acquisition opportunities in the rechargeable battery materials sector, which is grow...
May 06, 2021 (Gmt+09:00)
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Hydrogen economy
Doosan sets sights on hydrogen business as future growth engine
South Korea’s Doosan Group has launched a task force to foster its hydrogen fuel cell business as one of its key growth drivers.The heavy mach...
Apr 20, 2021 (Gmt+09:00)
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Machinery
Doosan Infracore to build 15,000 forklift engines for China’s Linde
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, has won an order to build 15,000 forklift engines fro...
Apr 19, 2021 (Gmt+09:00)
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IPOs
Hyundai Engineering seeks Q3 IPO; seen as precursor to group revamp
Hyundai Engineering Co., an unlisted construction affiliate of the Hyundai Motor Group, is seeking an initial public offering on the Korean bourse, ...
Apr 13, 2021 (Gmt+09:00)
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Batteries
Posco Chemical to supply EV battery materials to GM-LG Energy JV
Posco Chemical Co., the secondary battery materials unit of POSCO, will supply anodes, a key material used in electric car batteries, to the joint v...
Apr 05, 2021 (Gmt+09:00)
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Paradigm shift
Hydrogen, aerospace, materials: key words for Korean business leaders
South Korea’s top conglomerates have enjoyed their domestic market leadership for decades with a focus on the steel, shipbuilding and petroche...
Apr 01, 2021 (Gmt+09:00)
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Electric vehicles
SK, POSCO agree to develop new lightweight materials for future mobility
South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...
Mar 08, 2021 (Gmt+09:00)
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Korean startups
Graphene Square aims global with mass production of 'wonder material'
Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...
Mar 02, 2021 (Gmt+09:00)
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Industrial materials
PI Advanced Materials emerges as high-tech golden goose
Back in 2019, SKC Kolon PI, a maker of industrial film, was put up for sale as the company’s two largest owners thought the business’s g...
Feb 15, 2021 (Gmt+09:00)
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Airlines
Hanwha Aerospace certified to verify Rolls-Royce aircraft engine parts
Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has been certified to conduct the quality checks on aircraft engine parts it...
Jan 19, 2021 (Gmt+09:00)
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Batteries
POSCO acquires stake in Tanzania graphite mine to boost battery materials biz
South Korea’s largest steelmaker POSCO's commitment to innovation and growth has been well demonstrated this year, as it wraps up acquisition ...
Jan 18, 2021 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer