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Friday, January 19, 2018

Industry

Anti-dumping Duty From Canada
11 December 2017 - 10:15am
The Canada Border Services Agency (CBSA) decided to impose anti-dumping duties of 4.1% to 88.1% on carbon and alloy steel pipes imported from South Korea, according to the industry source on December...
The Canal Istanbul project does not have transparent feasibility and has social risks for Korean builders.
Canal Istanbul Construction
11 December 2017 - 9:30am
A sign of the crystallization of the Canal Istanbul construction project expected to amount to about 18 trillion won is attracting more attention from Korean builders. According to the Haberturk...
POSCO has about 200 patents in South Korea and 50 or so patents in more than 20 countries worldwide with regard to the FINEX technology.
In Less Than 11 Years
8 December 2017 - 10:30am
POSCO announced on December 7 that it produced 20 million tons of molten metal by using the FINEX technology. Developed and commercialized by the company itself, the FINEX technology is characterized...
Daewoo Shipbuilding & Marine Engineering (DSME) signed a new contract with Greece-based Maran Gas Maritime to build one liquefied natural gas floating storage regasification unit (LNG- FSRU) and one LNG carrier.
$480 Million Deal
8 December 2017 - 10:30am
Daewoo Shipbuilding & Marine Engineering (DSME) announced on December 7 that it signed a new contract with Maran Gas Maritime, a unit of Greek owner Angelicoussis Shipping Group, to build one...
Sharp proposed the formation of an alliance of Japanese OLED companies against Samsung and LG.
Taiwan-Japan Alliance Against Korea?
8 December 2017 - 10:15am
Reuters reported on December 7 that Sharp proposed the formation of an alliance of Japanese OLED companies against Samsung and LG. That day, Sharp President Tai Jeng-wu met with reporters at the...
The Office of the United States Trade Representative (USTR) held a public hearing on photovoltaic cell and module import safeguards.
Overissuing Safeguards
8 December 2017 - 9:45am
On December 6 (local time), the Office of the United States Trade Representative (USTR) held a public hearing on photovoltaic cell and module import safeguards. The South Korean government attended...
Korea’s nuclear reactor evaluation technology will be exported to France.
Export of Nuclear Software
8 December 2017 - 9:30am
Korea’s nuclear reactor evaluation technology will be exported to France, an advanced nation in the nuclear power sector. This means that the excellence of Korean nuclear technology was recognized in...
The U.S. has continuously imposed an antidumping tariff on South Korean circular welded non-alloy steel pipe (CWP) after carrying out the first review in 1991.
Preliminary Anti-dumping Duty
8 December 2017 - 9:15am
The U.S. Department of Commerce preliminarily determined to impose an antidumping duty of up to 38 percent on circular welded non-alloy steel pipe (CWP) imports from South Korea at its annual review...
China's large display makers will put seven 10-generation LCD factories to work one by one from next year to 2020.
LCD Oversupply
8 December 2017 - 9:00am
Beginning next year, Chinese display makers will start the full-fledged operation of large-sized tenth-generation or later liquid crystal display (LCD) panel factories. As a result, some experts say...
Korea’s drug safety ministry approved the initiation of the third phase of the clinical trial of Furestem-AD, the world’s first stem cell-based atopic dermatitis drug.
Free from Atopic Distress
7 December 2017 - 12:30pm
Kang Stem Biotech announced on December 5 that the Ministry of Food and Drug Safety of South Korea approved the initiation of the third phase of the clinical trial of Furestem-AD, the world’s first...
Hanwha Energy won a 48-megawatt solar power generation project from the Energy Commission of Malaysia.
Solar Power Project in Malaysia
7 December 2017 - 12:30pm
Hanwha Energy announced on December 6 that it won a 48-megawatt solar power generation project from the Energy Commission of Malaysia. The project is to build a photovoltaic power plant in Perlis,...
South Korea’s annual natural gas imports from Russia is expected to increase from 1.5 million tons to five million tons.
S. Korea-Russia Business Council Launched
7 December 2017 - 11:30am
South Korea’s Presidential Committee on Northern Economic Cooperation holds its opening ceremony on December 7, appointing CJ Korea Express President and CEO Park Geun-tae as its first chairman. More...

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