Korea Zinc is constructing an “All-in-One Nickel Smelter” in Ulsan incorporating state-of-the-art eco-friendly smelting technology.On Nov. 15, Korea Zinc held a groundbreaking ceremony for the nickel smelter in the Onsan Industrial Complex in Ulju County, Ulsan, which will have an annual production
SK Earthon, an exploration and production (E&P) subsidiary of SK Innovation, has successfully discovered crude oil in an offshore block in Vietnam after four years. The discovery was made during the exploration stage, which is the first step in resource development, following the success of crude oi
Korean researchers have developed a world-class ruthenium (Ru) catalyst for ammonia decomposition that will accelerate production of clean hydrogen by extracting hydrogen from ammonia, the key to the hydrogen economy quickly and in large quantities. Above all, the world does not have a commercial pr
The author is an analyst for NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed.Over 2021~2023, Korean shipbuilders have landed target-beating new orders. With sufficient order backlogs under their belt, they have raised newbuilding prices to reflect higher costs, and accordingl
Hyosung Advanced Materials has been taking part in the Milipol Paris 2023 exhibition held in Paris, France, from Nov. 14 to 17, stepping up sales efforts for its proprietary aramid fiber brand, ALKEX.During the exhibition, Hyosung Advanced Materials plans to introduce its aramid fiber brand ALKEX to
SK ecoplant has successfully internalized four critical technologies encompassing the pre- and post-processing stages of waste battery recycling, focusing on the enhancement of nickel, cobalt, and lithium recovery rates; wastewater reduction; and fire prevention rapid discharge.On Nov. 14, SK ecopla
Han Chang-wook, a research fellow at UBI Research, predicted a steady increase in the shipment of Organic Light-Emitting Diodes (OLEDs) for tablets and laptops during the “2023 UBI Research Analyst Seminar” held on Nov. 14 at the Science and Technology Convention Center in the Gangnam district of Se
HD Hyundai Oilbank has announced a long-term contract for petroleum product supply with the United States-based SUNOCO Corporation, set to commence next year. This expansion follows the company’s initial export of finished petroleum products to Hawaii in July 2021. Since 2022, HD Hyundai Oilbank has
KB Kookmin Bank has announced the signing of a memorandum of understanding with Thailand’s Siam Commercial Bank (SCB). Through this partnership, the two institutions intend to share financial technologies and infrastructure, developing a new financial model for creating a borderless payment infrastr
SK on is actively tapping the year-end financial market to secure investment funds for its battery ventures. Following its debut in the public offering corporate bond market earlier this year, the company is now actively utilizing the short-term corporate paper (CP) market for fundraising.According
SK hynix announced today that it has started supplying its customers with 16 gigabyte (GB) packages of Low Power Double Data Rate 5 Turbo (LPDDR5T), the fastest mobile DRAM available today that can transfer 9.6 gigabits per second (Gbps).Since the successful development of its LPDDR5T in January, SK
Hyundai Motor Group came in second after Tesla in the first three quarters of this year as the number of electric vehicle (EV) registrations in the United States surged despite concerns over slowing demand for EVs.According to a report by Automotive News Nov. 12, a U.S. automotive publication, the n
Researchers in South Korea have confirmed the mechanism of deterioration occurring inside the anodes of solid-state batteries and have demonstrated the possibility of stable operation of these batteries in a low-pressure environment.The Korea Institute of Science and Technology (KIST) announced on N
China is accelerating its stride toward semiconductor self-sufficiency as a countermeasure to U.S. semiconductor export controls. Despite the challenges posed by U.S. restrictions, China’s push for semiconductor autonomy seems to be increasingly fruitful.According to industry sources on Nov. 9, the
Hyundai Motor Group’s U.S.-based urban air mobility (UAM) subsidiary, Supernal, is actively exploring plans to establish a factory in the United States for the production of flying taxis.According to Hyundai Motor Group on Nov. 8, Shin Jai-won, the CEO of Supernal, stated at a foreign press forum he
Korea Water Resources Corporation (K-water) signed a business agreement with three companies – Plug Power, SK E&S and SK Plug Hyverse – in Albany, New York in the United States on Nov. 3 (local time) to expand the use of green hydrogen and rev up the industry.The agreement was signed to accelerate t
Chong Kun Dang announced on Nov. 6 that it has entered into a technology export agreement with Novartis worth US$1.305 billion for its new drug candidate CKD-510.Under the agreement, Novartis obtains exclusive rights outside of South Korea for the development and commercialization of CKD-510, a low-
The author is an analyst for NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com -- Ed.Affected by delays in EV and battery production amid slowing downstream demand, there are short-term uncertainties in play toward SKIET’s plans for operating new plants in Poland and the US. Accord
Korea Hydro & Nuclear Power (KHNP) submitted its final bidding documents for participation in the new nuclear power plant construction project to ČEZ’s subsidiary Elektrárna Dukovany II (EDU II) on March 31. The Czech government runs ČEZ.The project is to build one 1,200 MW nuclear power plant in th
According to data obtained from the Financial Supervisory Service by Rep. Seo Beom-soo, a member of the National Assembly’s Land, Infrastructure, and Transport Committee, on Nov. 1, the outstanding balance of housing mortgage loans for foreigners, offered by the four major commercial banks -- KB Koo