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Samsung SDI Collaborates with Automaker KGM to Develop Next-Generation Power Battery Technology
Recently, Samsung SDI announced that it has signed a Memorandum of Understanding (MOU) with South Korean automaker KG Mobility (KGM) to jointly develop next-gen…
Kia Sets Global Sales Target of 3.35 Million Units for 2026
On January 5, South Korean automaker Kia Corporation announced a new sales target in a regulatory filing. The document shows that the company plans to achieve g…
South Korea
DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
South Korean petrochemical firm DL Chemical announced on Monday that it has proposed permanently closing Yeochun NCC Co.'s No. 1 naphtha cracker, which has …
Nuclear Power Plant (NPP)
Turkish, Korean Firms Sign Cooperation Agreement
Türkiye Nükleer Enerji AŞ (TUNAS) and Korea Electric Power Corporation (KEPCO) signed a memorandum of understanding on nuclear energy cooperation dur…
South Korea
South Korean Milling Company Buys Around 50,000 Tons US Wheat
European traders reported that a South Korean flour milling group purchased an estimated 50,000 tons of milling grain from the United States at an international…
United States
US-South Korean Partnership Seeks to ‘Streamline’ Smart Vessel Technologies
The American Bureau of Shipping (ABS) and the Korean Agency for Technology and Standards (KATS) have signed a memorandum of understanding (MoU) to promote inter…
Metal
BHP, POSCO Sign Deal to Advance Hydrogen-Based Low Emissions Iron
BHP (BHP.AX), the world’s largest mining company, and South Korean steelmaker POSCO (005490.KS) announced on Thursday that they have signed an agreement t…
Gas power plant
Doosan Enerbility Exports Gas Turbines to u.s. In 1st Such Deal for S. Korea
Doosan Enerbility Co., a leading South Korean plant construction and engineering company, announced on Monday that it has exported gas turbine products to the U…
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%,…
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…
South Korea
South Korea’s Hanwha to Pour $5B Into US Philly Shipyard, Orders New Batch of Ships
Hanwha Group, a South Korean shipbuilding company, has announced a $5 billion investment to enhance infrastructure at Hanwha Philly Shipyard in Philadelphia, Pe…
Offshore Wind Power
South Korean Companies Enter Offshore Wind Partnership
Hanwha Ocean, a Korea-based company, has signed a memorandum of understanding (MoU) with Hyundai Engineering & Construction (Hyundai E&C) in Seoul, South Korea,…
HVDC
Construction of ‘Asia’s Largest HVDC Cable Facility’ Wraps Up
On July 16, South Korean company LS Cable & System announced the completion of its fifth submarine cable plant in Donghae-si, Gangwon-do, establishing what it c…
Offshore Wind Power
LS Marine Solution to Install Cables at 390 MW South Korean Offshore Wind Farm
LS Marine Solution has been named the preferred bidder for submarine cable installation at the 390 MW Shinan Ui offshore wind farm, located off the coast of Sin…
South Korea
South Korean Shipbuilding Giant Joins Mærsk MC-Kinney Møller Center to Pursue Zero-Carbon Shipping Solutions
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HDKSOE) has entered a strategic partnership with the Mærsk Mc-Kinney Møller …
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