Chivas Regal, the iconic global whisky of Pernod Ricard Korea (the Korean unit of the global wine and spirits company Pernod Ricard) has teamed up with the French luxury fashion brand Balmain to create the limited-edition ‘Chivas XV Balmain Collection’. The ‘Chivas XV Balmain Collection’ was designe
POSCO began construction of a new plant for automotive steel plates in Tangshan, Hebei province, China, on January 7, 2022.As a joint business with HBIS Group (formerly known as Hesteel Group), POSCO founded Hagang Pohang in September 2021 with shares split equally between the two in order to manufa
Ultium Cells, a joint venture of LG Energy Solution and General Motors, will make a $2.6 billion investment to build its third battery cell manufacturing plant in the United States, LG Energy said on Jan. 26. The facility will be located in Lansing, Michigan.Ultium Cells will build the new plant on
LG Chem has shipped its first exports of ‘Bio-balanced NPG (Neopentyl Glycol),” the company said on Jan. 25. This product that is produced by using bio materials such as waste cooking oil and palm byproducts acquired ‘ISCC PLUS (International Sustainability & Carbon Certification PLUS),’ which is a
Korea Energy Agency announced on Jan. 27 that it will appoint Lee Sang-hoon, former chief of the agency's New and Renewable Energy Center, as its new chairman.After graduating from Gyeseong High School in Daegu and Seoul National University's Department of Landscape, Lee completed his master's degre
Korea Urban Mining Association (KUMA) has elected Park Hyun-chul, CEO of SJ Environmental, as its sixth chairman, the KUMA announced on Jan. 27.Chairman Park's term of office is two years and can serve a second term for the chairmanship.KUMA placed under the Ministry of Trade, Industry and Energy is
The following is the seventh (Chapter 6 summary) in a series of articles on the book, entitled “Corporate Korea’.—Ed.By Kim Kwang-soohThe currency crisis in 1997 drastically transformed the industry ecosystem in Korea. Those large enterprises that survived the currency crisis had enhanced global com
Taihan has won an order for a project to build a 400kV ultra-high voltage cable power grid ordered by Singapore's power company SP PowerAssets, the company said on Jan. 21. It is a large project with orders worth about $50 million (about 60 billion won).The project is to build an underground power g
SK hi-tech battery materials China (SKBMC) and BEST members gathered to held a campaign BEST to raise awareness on the importance of waste segregation in the local community of Changzhou, where their manufacturing facilities are located, on Jan. 8. It was also part of their efforts to enhance of loc
LS Cable & System Asia announced on Jan. 17 that it achieved the highest results with sales of 743.5 billion won and operating profit of 28.2 billion won. Compared to the previous year, its sales increased by 28% and operating profit by 75%.Despite the lockdown policy in Vietnam due to the spread of
The Korea Aerospace Industries Association (KAIA) and the Korean Society for Aeronautical & Space Sciences (KSAS) jointly held the 2022 Aerospace Astronaut Forum held in JW Marriott Hotel in Seoul on January 14.The event was attended by key figures from all walks of life, including Minister of Trade
POSCO held a memorandum of understanding (MOU) signing ceremony online on Jan. 7 to promote joint projects such as eco-friendly integrated steel mills with Adani Group in India.The signing ceremony was attended by POSCO Group Chairman Choi Jeong-woo, Steel Division Vice Chairman Kim Hak-dong, Chairm
Pernod Ricard Korea has launched the Royal Salute 21YO Richard Quinn Edition, created by a collaboration between two British icons: Royal Salute, a prestige whisky brand and Richard Quinn, a rising star in the British fashion world.Royal Salute has communicated with new luxury consumers through inno
Pernod Ricard Korea today announced that it selected Ju Ji-hoon and Minho as the new brand ambassadors of the modern classic scotch whisky brand Ballantine's and launch the new global campaign “Time Well Spent" to solidify its position as a leading whisky brand in Korea.Pernod Ricard Korea will hold
Woori Financial Group, led by Chairman Son Tae-seung, announced on Jan. 10 that it is also taking the lead in global ESG management by urgently providing $100,000 (about 120 million won) to support the recovery of damage in the Philippines, which is suffering from the massive typhoon RAI in the Phil
BAT Korea Manufacturing held an ESG Cooperation MOU signing ceremony with Gyeongsang National University (GNU)’s Research Institute Future Applied Technology on Jan. 6, 2022 at BAT Sacheon Factory.Kim Ji-hyeong, head of manufacturing at BAT Sacheon Plant, Professor Chang Hae-nam and Professor Kim Ha
Hyundai Heavy Industries (HHI) Group has decided to join hands with Palantir Technologies, a U.S. big data company, to build a big data platform in shipbuilding and marine businesses and establish a joint venture.HHI Group signed a memorandum of understanding (MOU) with Palantir in Las Vegas on Jan.
The following article is based on press materials provided by the Public Relations of Sinsin Pharma led by Deputy Director Yoo Hae-Eung.—Ed.Sinsin Pharmaceutical Co., Ltd. has recently made a debut of three types of newhealth-promotion functional food expanding its functional food lineup.The company
Global French Wine and Spirits company Pernod Ricard Korea is launching “Make Memories, Not Hangover” campaign from 6th January for a month, as part of their commitment for promoting responsible drinking culture.In midst of COVID-19 pandemic, where outdoor activities are limited, drinking culture ha
By Feature Editors Kim Hyung-dae, Lee Sam-sunAccording to the Korea Ginseng Association (KGA), Ginseng is a mysterious elixir plant loved by the successive kings of the Korean Peninsula and, for that matter, by the leaders of many other countries of the world, especially in Asia.The greatest dreams