South korea

South Korea

Samsung Set for Highest Q3 Profit in Three Years as AI Demand Lifts Chip Prices

Samsung Electronics is expected to post its highest third-quarter profit since 2022, driven by rising memory chip prices supported by strong server demand as cl…

Electric Vehicles

LG Energy Solution Q3 Profit Likely up 34% on US EV Sales Rush

South Korean battery manufacturer LG Energy Solution (LGES) announced on Monday that its operating profit for the third quarter of 2025 likely increased by 34%,…

Saudi Arabia

Songwon Announces Investment to Establish Production Facility for Polymer Additives in Saudi Arabia

Songwon Industrial Co., Ltd. (Ulsan, South Korea; www.songwon.com), a leading global manufacturer of polymer stabilizers, has announced a major investment to es…

South Korea

Ulsan Port Completes Korea’s First Methanol Bulk Bunkering

Ulsan Port Authority (UPA) has completed South Korea’s first methanol bunkering operation for a dual-fuel bulk carrier, marking a significant advancement …

Malaysia

MISC Heralds Ammonia-Fuelled Tanker Design Incorporating Fuel Cell Technology

Malaysian shipping leader MISC and Samsung Heavy Industries (SHI) have secured an approval in principle (AiP) from Bureau Veritas Marine & Offshore (BV) for the…

Metal

Anson Resources, LG Energy Solution Sign Five-Year Lithium Offtake Deal

On Wednesday, Anson Resources, an Australian mining company, signed an offtake agreement with South Korea’s LG Energy Solution for the supply of battery-g…

South Korea

SK Innovation and KBR Enter Licensing Agreement for Battery Recycling Technologies

SK Innovation Co., based in Seoul, South Korea, announced the signing of a Memorandum of Understanding (MOU) with KBR, Inc. of Houston to collaborate on the use…

South Korea

SK on Completes New Pilot Plant for All-Solid-State Batteries

SK On, part of South Korea’s SK Group, completed its all-solid-state battery (ASSB) pilot plant on September 15 at the SK On Institute of Future Technolog…

Solar Power Plant

QatarEnergy and Samsung Sign Agreement for Dukhan Solar Power Plant

QatarEnergy has signed an agreement with Samsung C&T’s Engineering & Construction Group to develop a large-scale solar power plant in Dukhan, about 80 kil…

Liquid Hydrogen

DNV Greenlights Samsung Heavy Industries’ 80,000 Cbm Liquefied Hydrogen Carrier Design

Norway-based classification society DNV has granted approval in principle (AiP) to South Korea’s Samsung Heavy Industries (SHI) for its newly developed 80…

South Korea

Samsung Heavy Debuts Nuclear-Powered Gas Carrier Design

Samsung Heavy Industries announced at the opening of the Gastech event in Milan that it has received approval in principle (AiP) for a 174,000-cubic-meter lique…

LNG

Hanwha Entrusts French Firm With Tank Design for LNG Carrier Duo

French containment technology company Gaztransport & Technigaz (GTT) announced that it has been contracted by South Korea’s Hanwha Ocean to design tanks f…

Battery

SK On to Supply LFP Batteries to Flatiron Energy

SK On, a South Korean battery manufacturer, has signed a supply agreement with Flatiron Energy Development, a U.S.-based company, to provide lithium iron phosph…

Hydrogen Project

German and Korean Institutes Expand Cooperation in Hydrogen Safety

The German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) signed a memor…

South Korea

SK Telecom, Schneider Electric Expand AI Data Center Collaboration in Ulsan

SK Telecom has formalized a partnership with Schneider Electric to advance the development of its Artificial Intelligence Data Center (AIDC) in Ulsan, South Kor…