Hyundai Motor Group Chairman Chung Eui-sun said on Sept. 7, “We will achieve a hydrogen society in which hydrogen energy can be used by anyone, everything, and anywhere by 2040.”It is an official declaration that 2040 will be the first year of the popularization of hydrogen. There is an observation
SK Lubricants has launched a new “legit” environment-oriented SK ZIC ZERO campaign that reflects the company’s commitment to green business practices.SK Lubricants, a SK Innovation’s subsidiary specialized in lubricant business, said on Sept. 1 that it prepared this advertising campaign to showcase
LG Chem has joined hands with biodiesel company Dansuk Industrial to establish a joint plant to secure bio-materials required for the production of eco-friendly products.LG Chem announced on Sept. 2 that it had signed a Heads of Agreement (HOA) for the establishment of a hydro-treated vegetable oil
Over the last half century, according to details in the company reference materials, including details in on its official website, GC (Green Cross) Pharma (CEO Park Dae-woo) has followed the solitary path toward researching and developing pharmaceutical products difficult to develop, but necessary t
Samsung Electronics said on Aug. 25 that Samsung and the Museo Nacional del Prado have partnered to offer an all-new multimedia experience for the visitors of the Prado Museum, offering crisp and vibrant audiovisual content from the Museum in the Jerónimos Terrace using Samsung’s The Terrace.Visitor
Koo Cha-yeol, chairman of the Korea International Trade Association (KITA), asked member companies to join forces to help companies entering the New Southern region, which are suffering from the COVID-19, on Aug. 25.Chairman Koo, who is also chairman of the New Southern Business Federation, made the
LS Group Chairman Koo Ja-yeol has begun the ESG (Environmental, Social, and Governance) management in earnest. LS Group announced on Aug. 19 that it will establish an ESG committee that expanded and reorganized the functions of the existing internal transaction committee under the board of directors
The International Contractors Association of Korea (ICAK) said on Aug. 13 that former Vice Minister of Land, Infrastructure and Transport Park Sun-ho was elected as the 19th standing chairman of ICAK at an extraordinary general meeting held on Aug. 12.The new chairman entered public office in 1989 a
Hanwha Solutions, led by CEO Kim Dong-kwan, will acquire RES France, a French renewable energy company, for 1 trillion won. This is the first time Hanwha Group is making an M&A in the renewable energy sector.It is planning to secure renewable energy technology and human network amid global carbon-ne
Korea Shipbuilding & Offshore Engineering (KSOE) has won a 659.2 billion won ($57.8 million) order for U.S. marine facilities.KSOE announced on Aug. 6 that it recently signed a contract with a U.S.-based crude oil developer to build marine facilities for one semi-submersible crude oil production fac
Hyundai Engineering & Construction (Hyundai E&C) has won the main construction project of Peru's Chinchero New International Airport Passenger Terminal, the builder said on July 28.It is the second order following the construction of the site development in Peru.The construction project of the main
Nexon founder Kim Jung-joo will step down from CEO of NXC, Nexon's holding company.NXC announced on July 29 that it has appointed Lee Jae-kyo, head of the brand promotion headquarters, as its new CEO and recruited Alex Iosilevich, a former executive of a multinational investment bank, as CIO of glob
At a ceremony marking the 75th anniversary of the Korea International Trade Association (KITA), Koo Ja-yeol, chairman of the KITA, emphasized on-site COVID- 19 responses and digital transformation of the trade industry.At the event held online on July 26, Koo, chairman of the 31st KITA and concurren
LG Energy Solution and Hyundai Motor Group announced on July 29 that they have signed an investment agreement with the Indonesian government to establish a 10 GWh battery cell joint venture in Indonesia.LG Energy Solution CEO Kim Jong-hyun, Hyundai Mobis CEO Cho Sung-hwan met at the headquarters of
Hyundai Motor Group (HMG) Honorary Chairman Chung Mong-Koo has been inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony, a group spokesman said on Juy 23.The industry’s top honor was presented to the class of 2020 at a celebration held at the ICON Convention Cent
LG Chem CEO Shin Hak-cheol announced investment plans worth 10 trillion won in ESG-based sustainable growth sectors, the company said on July 14.At a press conference held online on July 14, CEO Shin stated LG Chem selected ▲eco-friendly sustainable business ▲e-mobility centering on battery material
Korea Gas Corp. (KOGAS) will introduce 2 million tons of liquefied natural gas (LNG) annually from Qatar for 20 years (2025-2044). This time, the price conditions are expected to improve due to changes in the international natural gas market, saving about $1 billion over the past 20 years.This is du
CEO Kim Gyung-rea of JC Global (Wonjin Ecotech's distribution company) established the company in the Jeollabuk-do Province. Since then, the company has been growing by leaps and bounds. For a long time, he composed songs under the theme of ‘Muju Arirang’ in the Jeollabuk-do Province.Youn Ki-sik, th
IBM has appointed Won Sung-shik, the head of the IBM technology group, as the country general manager (CGM) of IBM Korea.Won Sung-sik joined IBM Korea in 1991 and gained experience and expertise in various IBM business sectors such as hardware, marketing, global technology services, and financial in
Oriental Brewery accounts for more than 80% of Korea's beer exports, maintaining the No. 1 beer exports in Korea and leading the “Korean Beer Wave.” Born in 1933, Oriental Brewery has led the Korean liquor industry for more than 80 years.It is equipped with the latest automation facilities to produc