polyurethane raw material unit
Scope
Date
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Economy
Korea Fair Trade Commission opens unit to review global M&As
The Korea Fair Trade Commission (KFTC) on Tuesday said it will open a division specifically for reviewing global M&As given the recent growth of...
Dec 28, 2022 (Gmt+09:00)
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Private equity
BASF, ADM join race to buy Korean ceramide maker Solus Biotech
BASF SE, the world’s largest chemical producer, US food processing giant ADM Co. and two other global companies have joined the race to acquir...
Dec 27, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hyundai Home Shopping to divest rental unit for $107 mn
Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...
Dec 26, 2022 (Gmt+09:00)
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Batteries
SKC to showcase innovative chip, battery materials at CES 2023
SKC Ltd., a South Korean chemical materials maker, will showcase innovative materials for rechargeable batteries and semiconductors at CES 2023, the...
Dec 25, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor hits 15 mn vehicle sales milestone in US
South Korea’s auto giant Hyundai Motor Co.'s cumulative sales in the US surpassed 15 million units since entering the market in 1986, the comp...
Dec 23, 2022 (Gmt+09:00)
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Chemical Industry
CJ CheilJedang develops biodegradable cosmetic containers
CJ CheilJedang Corp. said on Thursday that it has applied a biodegradable container developed from a composite material mixed with PHA (polyhydroxya...
Dec 22, 2022 (Gmt+09:00)
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Bio & Pharma
LabGenomics unites with Humanscape on Asia, US genetic testing biz
LabGenomics Co., a molecular diagnostics company, said on Tuesday that it has signed an agreement with digital healthcare company Humanscape to deve...
Dec 20, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KKR to buy 100% stake in SK E&S' Busan City Gas for $561 mn
Private equity giant KKR & Co. is slated to buy a 100% stake in Busan City Gas Co., wholly owned by South Korean energy company SK E&S Co., ...
Dec 20, 2022 (Gmt+09:00)
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Bio & Pharma
S.Korea's CMG Pharmaceutical opens animal medicine unit
CMG Pharmaceutical, a subsidiary of South Korea's CHA Biotech, on Monday announced the launch of an animal medicine unit and entry into the market f...
Dec 20, 2022 (Gmt+09:00)
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Retail
S.Korean food delivery app Baemin vows to hike logistics unit's service quality
Woowa Youths, an affiliate of Woowa Brothers, the parent company of South Korea's top food delivery app Baedal Minjok, on Monday announced its visio...
Dec 20, 2022 (Gmt+09:00)
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Steel
POSCO restarts key hot rolling mill at typhoon-hit plant
POSCO, the world’s sixth-largest steelmaker, resumed operations of a key hot rolling mill at a typhoon-hit plant in South Korea earlier than e...
Dec 19, 2022 (Gmt+09:00)
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Companies
SK Materials, Arencibia ink MOU on noble gas recycling
SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...
Dec 19, 2022 (Gmt+09:00)
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Chemical Industry
SK PUCore's polyurethane insulator improves fire retardancy
SK PUCore, SKC's polyurethane subsidiary, was officially recognized for the fire retardancy of its polyurethane insulation material.The company said...
Dec 19, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood to sue Baring PEA over buyout deal cancellation
South Korea’s Glenwood Private Equity is set to take legal action against Hong Kong-based Baring Private Equity Partner over the cancellation ...
Dec 16, 2022 (Gmt+09:00)
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Retail
Gabriela Hearst, Veronica Beard, Toteme to launch in Korea
US designer brands Gabriela Hearst and Veronica Beard, as well as Swedish premium Toteme are set to open exclusive stores in South Korea to allure f...
Dec 15, 2022 (Gmt+09:00)
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Chemical Industry
Daewoo Shipbuilding, POSCO jointly develop new materials
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) and steelmaker POSCO have joined forces to develop new materials.DSME on Wedne...
Dec 15, 2022 (Gmt+09:00)
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Batteries
SK Innovation, SungEel HiTech form discarded battery joint venture
South Korea's SK Innovation Co. is forming a joint venture with SungEel HiTech Co., a company that recycles discarded batteries, to extract metals f...
Dec 14, 2022 (Gmt+09:00)
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Batteries
Lotte Aluminum signs $795 mn contract for cathode foil raw materials
Lotte Aluminum, a manufacturer of cathode foils for secondary batteries in South Korea, announced on Monday that it has signed a long-term purchase ...
Dec 13, 2022 (Gmt+09:00)
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Research & Development
LG Group seeks future growth engines with new R&D units
LG Group, South Korea’s fourth-largest conglomerate, set up new research and development units at key affiliates to seek future growth engines...
Dec 12, 2022 (Gmt+09:00)
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Batteries
S.Korean battery sector scrambles for talented manpower
South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...
Dec 11, 2022 (Gmt+09:00)
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Chemical Industry
BGF EcoMaterials to partner with Hwaseung Material for composite materials
BGF EcoMaterials, a materials unit of the BGF Group, said on Friday that it has signed an agreement with Hwaseung Material, a fine chemical company,...
Dec 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Baring PEA breaks $1 bn PI Advanced Materials buyout deal
Hong Kong-based Baring Private Equity Asia has broken a deal to buy a majority stake in the world’s largest polyimide film manufacturer PI Adv...
Dec 08, 2022 (Gmt+09:00)
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Banking & Finance
Korea Shinhan Financial taps banking unit head as group CEO
Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...
Dec 08, 2022 (Gmt+09:00)
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Chemical Industry
S.Korea develops carbon composite materials as its 2nd steel industry
The South Korean government will invest 185 billion won ($139.6 million) by 2030 in the development of technology for carbon composite materials, wh...
Dec 07, 2022 (Gmt+09:00)
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Automobiles
Hyundai's sales of E-GMP-based EVs exceed 100,000 units in Korea
South Korea’s Hyundai Motor Group sold more than 100,000 units of electric vehicles (EVs) that adopted Hyundai Motor’s E-GMP, or Electri...
Dec 06, 2022 (Gmt+09:00)
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Batteries
POSCO wins $689 mn battery material deal with GM-LG joint venture
POSCO Chemical Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Dec. 5 that it has signed a $688.6 million deal to provide a key...
Dec 05, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn
South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...
Dec 05, 2022 (Gmt+09:00)
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Automobiles
Imported auto sales jump 50% in November
The Korea Automobile Importers & Distributors Association (KAIDA) announced on Monday that along with the easing of a supply shortage of auto se...
Dec 05, 2022 (Gmt+09:00)
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Companies
LS Mtron supplys tractors to world's No. 2 agricultural machinery firm
LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...
Dec 05, 2022 (Gmt+09:00)
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Content platforms
KT conducts reshuffle ahead of launching South Korea's top OTT service
Korea's telecom giant KT Corp. has reshuffled its media business units ahead of the pending absorption of its over-the-top (OTT) video platform Se...
Dec 01, 2022 (Gmt+09:00)