hydrogen plant
Scope
Date
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Batteries
Hyundai Motor to build first overseas hydrogen fuel cell plant in China
Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...
Jan 05, 2021 (Gmt+09:00)
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Hydrogen economy
Hanwha Solutions acquires US hydrogen tank maker Cimarron, to invest $100 mn
Hanwha Solutions Corp. has acquired a 100% stake in Cimarron Composites LLC, a US hydrogen storage tank manufacturer, as the South Korean energy sol...
Dec 28, 2020 (Gmt+09:00)
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Factory suspension
Ssangyong Motor to briefly halt production at main plant
South Korea’s Ssangyong Motor Co. is temporarily suspending production at its main plant due to disruptions of auto parts supplies from its co...
Dec 23, 2020 (Gmt+09:00)
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Hydrogen economy
Hanwha looks to buy US hydrogen storage tank maker
Hanwha Solutions Corp. is seeking to acquire 100% of a US hydrogen storage tank manufacturer worth tens of millions of dollars, a local newspaper re...
Dec 23, 2020 (Gmt+09:00)
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Energy
Doosan Heavy clinches $562 mn Guam power plant deal
Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...
Dec 21, 2020 (Gmt+09:00)
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Batteries
SKC to build first overseas copper foil plant in Malaysia
SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...
Dec 15, 2020 (Gmt+09:00)
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EV Batteries
SK Innovation partners with EVE to launch third battery plant in China
South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...
Dec 15, 2020 (Gmt+09:00)
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Energy
LG Chem to power Wuxi plant with renewable energy bought from China
South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...
Dec 14, 2020 (Gmt+09:00)
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Project financing
KEXIM to finance Korean firms' Mozambique LNG plant project
The Export-Import Bank of Korea (KEXIM) will provide $500 million in project financing to South Korean companies for their $550 million construction...
Dec 10, 2020 (Gmt+09:00)
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ESG management
SK to create $27 bn in addt'l net asset value via hydrogen business
SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...
Dec 02, 2020 (Gmt+09:00)
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Construction & Planning
Samsung Engineering wins $1 bn Malaysia plant deal
Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...
Dec 01, 2020 (Gmt+09:00)
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Batteries
SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot
SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...
Nov 25, 2020 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor, INEOS team up to explore growth in hydrogen economy
South Korea’s largest automaker Hyundai Motor Co. and London-based chemicals company INEOS have teamed up to explore new business opportunities ...
Nov 23, 2020 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor eyes entry into China’s hydrogen truck market, signs MOU
Hyundai Motor Co. has signed two initial agreements with several Chinese companies toward establishing business platforms for hydrogen trucks in China...
Nov 04, 2020 (Gmt+09:00)
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Business expansion
Samsung heir Jay Y. Lee visits plants in Vietnam
Samsung Electronics Co. Vice Chairman Jay Y. Lee, currently in Vietnam, has toured its smartphone, TV and other electronics plants there, as the compa...
Oct 22, 2020 (Gmt+09:00)
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IPOs
Hydrogen tank supplier to Hyundai prepares for 2021 IPO
Iljin Composites Corp., the only South Korean manufacturer of composite fuel tanks, is set to mandate Mirae Asset Daewoo Co. and Samsung Securities Co...
Oct 22, 2020 (Gmt+09:00)
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Hydrogen economy
Hyundai’s hydrogen push gains steam under new leadership
Hyundai Motor Co. is taking the lead in the South Korean government drive to push the hydrogen economy as one of the country’s new growth engine...
Oct 15, 2020 (Gmt+09:00)
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Hydrogen fuel
SK Gas sets sights on liquid hydrogen as LPG market fizzles
SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) producer, is preparing to enter the liquid hydrogen manufacturing market as part ...
Oct 11, 2020 (Gmt+09:00)
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Hydrogen truck
Hyundai makes inroads into Europe’s hydrogen commercial vehicle market
Hyundai Motor Co. has delivered seven hydrogen-powered trucks to Switzerland in its foray into Europe’s eco-friendly commercial vehicle market, ...
Oct 08, 2020 (Gmt+09:00)
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KEPCO set to finance $190 mn for Vietnam’s coal power plant project
Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...
Oct 05, 2020 (Gmt+09:00)
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IPOs
Hyosung to accelerate asset sales, IPOs to spur growth in hydrogen, data businesses
Hyosung Group, a South Korean textile and chemicals conglomerate, is accelerating efforts to sell assets and list major subsidiaries on the local bour...
Oct 05, 2020 (Gmt+09:00)
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Automobiles
Hyundai exports hydrogen vehicles to world’s No. 1 oil producer Saudi Aramco
Hyundai Motor Co. has shipped four hydrogen-powered vehicles to Saudi Arabian Oil Co., the world’s largest oil producer, at a time when even the...
Sep 28, 2020 (Gmt+09:00)
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Renewable energy
Hanwha eyes gains running hydrogen fueling stations for US startup
Hanwha Group may exercise its rights to operate more than 700 hydrogen fueling stations to be built across the US and Canada by US hydr...
Aug 17, 2020 (Gmt+09:00)
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Bio
Samsung Biologics to double bioreactor capacity with $1.5 bn new plant
Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...
Aug 11, 2020 (Gmt+09:00)
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Alternative investment
Mirae Asset to offer $425 mn in equity, debt funding for US desalination plant
Mirae Asset Global Investments Co. Ltd. will provide $425 million in equity and debt financing for the acquisition of a desalination plant in San Dieg...
Oct 17, 2019 (Gmt+09:00)
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Kiwoom Sec in $236 mn refinancing deal on Spain solar plants
Kiwoom Securities Co. Ltd. and a South Korean insurance firm have underwritten 140 billion won ($118 million) in a debt on nine solar power plants in ...
Jun 17, 2019 (Gmt+09:00)
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Korean firms underwrite $298 mn debt on new US gas plant
Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...
May 10, 2019 (Gmt+09:00)
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GS EPS-Mirae Asset consortium buys 10% stake in US gas power plant
A consortium of South Korean power producer GS EPS Co. Ltd. and Mirae Asset Daewoo Co. Ltd. has agreed to buy a 10% stake in a New Jersey-based gas po...
Aug 31, 2018 (Gmt+09:00)
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KTCU, Mirae Asset to invest $143 mn in debt on Blackstone's power plant: report
The Korean Teachers’ Credit Union (KTCU) and three units of Mirae Asset Financial Group will invest a combined 160 billion won ($143 million) in senio...
Aug 01, 2018 (Gmt+09:00)
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NH Investment provides $235 mn financing to US gas power plant
NH Investment & Securities Co. Ltd. has underwritten a $200 million senior debt and a $35 million equity interest for the construction of a natura...
Jun 26, 2018 (Gmt+09:00)