SK Geo Centric will partner with Saudi Arabia’s global chemical company SABIC for a joint investment in a bid to achieve dominance in the market for high-performance chemical products as their demands grow.SABIC SK Nexlene Company (SSNC), which is a joint venture established last 2015 between SK Geo

Samsung Electronics announced on Aug. 25 that it has completed a project in collaboration with the Bill & Melinda Gates Foundation in response to the “Reinvent the Toilet Challenge,” culminating in the development of a prototype toilet that is safe and designed for household use.Samsung Advanced Ins

POSCO Holdings completed the construction of its secondary battery recycling plant "PLSC (Poland Legnica Sourcing Center)" in Brzeg Dolny, Poland, on Aug. 25.The completion ceremony was attended by Yoo Byung-ok, head of POSCO Holdings' eco-friendly future materials team, Lim Hoon-min, Korean ambassa

Korea Hydro & Nuclear Power Co. (KHNP) has won an order to build a nuclear power plant in El Dabaa, Egypt.It is the first time in 13 years since 2009 when it received an order for a large-scale project for Baraka Nuclear Power Plant in the United Arab Emirates (UAE) in 2009. It is also the first ord

Lotte E&C announced on Aug. 24 that it will hold a 'Cheering Safe-Tea' event where President & CEO Ha Suk-joo will attend until the end of November.This event will be held in a way that Angel-In-Us drinks such as coffee and iced tea, as well as a vehicle containing a bakery, will visit during lunch

“Ediya Coffee will open an Ediya Coffee store in Guam, the U.S. autonomous territory, in December this year,” said Chairman Moon Chang-ki on Aug. 23. This is the company’s first overseas store. Ediya currently operates about 3,000 coffee shops in Korea.Chairman Moon said, “We will make it possible t

The global whisky icon 'CHIVAS' that belongs to Pernod Ricard Korea, a global wine and spirits company, announced a new campaign with the most spotlighted 10 artists in local hip-hop scene to cheer the growth make together under its brand campaign of I RISE WE RISE.10 hip-hop artists, regarded as th

Taekyung Group announced on Aug. 22 that Chairman Kim Hae-ryun received the grand prize in innovation management from the 24th Korean Academic Society of Business Administration.As the head of Taekyung Group, which leads the domestic inorganic chemical basic materials field, Chairman Kim has emphasi

Vice Chairman Park Jung-ho and CEO Ryu Young-sang of SK Telecom met with Surangel S. Whipps. Jr., the President of the Republic of Palau, on Aug. 20 and requested the Palauan government to support Busan’s bid to host the ‘World Expo 2030’.They also discussed cooperation to upgrade Palau’s communicat

POSCO and Vale signed a joint research agreement to promote HBI production on Aug. 1, the company announced on Aug. 19.Under the pact, POSCO and Vale, a global leading iron ore supplier, will expand cooperation to secure low-carbon steel raw materials.POSCO and Vale decided to conduct joint research

Hyundai Elevator announced on Aug. 22 that it will hold the elevator idea contest, ‘Think Outside The Box’ in Korea, China, Indonesia, Vietnam, Malaysia and Turkey until Sept. 19. The theme of this competition is 'Smart Elevator in the 4th Industrial Revolution Era'.It was prepared to reflect actual

On the occasion of the 50th anniversary of the establishment of the Institute for Far Eastern Studies of Kyungnam University and the 33rd anniversary of the opening of the University of North Korean Studies, an international conference was held at the Hilton Hotel in Seoul on Aug. 18.In the first pa

LG Chem and ADM (Archer Daniels Midland) have completed agreement for ‘Eco-friendly bio plastic’ joint ventures. LG Chem held a ceremony to celebrate the launch of LA (lactic acid) and PLA (poly lactic acid) Ventures’ with ADM (Archer Daniels Midland), the company said on Aug. 16.ADM, a global leade

Interpark has won the commendation from Minister Park Bo-gyoon of Culture, Sports and Tourism, the company said on Aug. 19.With this award, Interpark was recognized for its contribution to attracting global customers and hosting successful events through active participation and publicity in the '20

SK Inc. and SK Energy announced on Aug. 18 that they would acquire the management rights of U.S. energy solution company “Atom Power” for $150 million (about 200 billion won).‘Energy solution’ refers to technology that helps to produce and consume electricity most effectively.SK Inc., SK Energy, and

Interpark will simultaneously hold the Belgian Flanders Beer Festival in Korea and Europe along with Brussels Airport and the Belgian Flanders Tourism Agency. The festival will be held for a week from Aug. 22 at the Rooftop of Baeki in Seongdong-gu, Seoul.The Belgian Beer Festival is one of Europe's

Pernod Ricard Korea announces the launch of premium craft bourbon whiskey, ‘Rabbit Hole’.Founder Kaveh Zamanian was brought into the world of bourbon whiskey by his wife, a Kentucky native, and immediately fell in love with bourbon whiskey. He then sacrificed his successful career as a psychologist

Pernod Ricard Korea announced on August 16 that Royal Salute, a prestige brand, will launch "Royal Salute 21 Year Old Blended Grain," an exceptionally rare blend of the finest grain whiskies aged for a minimum of 21 years.Created for celebration, originally crafted to mark the coronation of Queen El

"There are a lot of American consumers at H Mart and Korean restaurants, which are Korean marts, and there are many Korean brands in popular products during the Amazon sale period," said Ellen Park, a New Jersey assemblywoman in the U.S.Ellen Park said in an interview with the Korea Economic Daily o

SK Innovation Vice Chairman Kim Jun visited Poland on Aug. 9 and requested support from the Polish government for Korea’s hosting of the 2030 World Expo in Busan, the company said on Aug. 11.Furthermore, Vice Chairman Kim discussed ways of cooperation with Poland in terms of SK Group’s green energy