Saudi Arabia has discussed seawater desalination projects for Neom City with Korean companies that have expertise in core desalination technologies.Saudi Arabia plans to produce 100 percent of the electric power required to desalinate seawater for the eco-friendly future new city with renewable ener
South Korea’s leading chemical and secondary battery maker LG Chem Ltd. is expanding its business areas to automotive components and materials by acquiring companies. LG Group has been somewhat passive in M&As, but it is now pursuing a speedy and aggressive business strategy under its new chairman K
LG Chem is reorganizing its new businesses in earnest through the choice and concentration strategy. The company announced that it has decided to cancel its plan to make new investment in the petrochemical plant complex and polysilicon projects in Kazakhstan at the board meeting on January 26.In 201
Korean petrochemical companies are rushing into the water treatment market in neck-and-neck competition.Last month, Huvis, which is a joint venture of Samyang and SK Chemical, acquired 86 percent of Hankook Jungsoo Industries shares at 118 billion won (US$109 million) to kick off the water treatment