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South Korea
Solar
South Korea Switches on 47.2 MW Floating PV Project
The 47.2 MW Imha Dam floating solar power plant has begun operating in South Korea. The facility is located at Imha Dam, east of Andong in Gyeongsangbuk-do prov
Chemical industry
Lotte Chemical Sells 75% Stake in Pakistani Subsidiary for $69 Million
South Korea’s Lotte Chemical said on Thursday that it has sold about 75% of its stake in its Pakistani subsidiary to Dubai-based PTA Global Holding for 98
Transportation
Hyundai Motor Signs Mou to Advance Hydrogen Port Development in Pyeongtaek
Hyundai Motor Group (HMG) has signed a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to advance carbon-neutral hydrogen i
Mining and Metailurgy
Mineral Resources to Sell 30% Lithium JV Stake to POSCO for $765M
Australia’s Mineral Resources (MinRes) announced on Wednesday that it will sell a 30% stake in its operational lithium business to South Korea’s POS
Agricultural engineering
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
Transportation
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
Hydrogen
Hyundai Motor Breaks Ground on Hydrogen Fuel Cell Facility in South Korea
Hyundai Motor Company, part of South Korea’s Hyundai Motor Group (HMG), has held a groundbreaking ceremony for its new hydrogen fuel cell production plant
Energy Storage
Sinopec and LG Chem Sign Agreement to Jointly Develop Sodium-Ion Battery Materials
China Petroleum & Chemical Corporation (Sinopec) and LG Chem announced a joint development agreement on key materials for sodium-ion batteries, aiming to advanc
Chemical industry
LG Chem and Zeiss Announce Alliance on Photopolymer Film for Holographic Displays
Zeiss, headquartered in Jena, Germany, and LG Chem, based in Seoul, South Korea, have announced a strategic partnership aimed at establishing a robust, sustaina
Information and Communication
NVIDIA, SK Group Strengthen Strategic Alliance to Build Korea’s Largest AI Factory
NVIDIA has announced a major collaboration with South Korea’s SK Group to build an AI factory aimed at advancing semiconductor research, development, and
Transportation
Greek Owner JHI Steamship Books Aframax Tankers in South Korea
Greek shipowner JHI Steamship has placed its first-ever newbuilding order in South Korea, marking a milestone in the company’s fleet expansion strategy. T
Mining and Metailurgy
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
Chemical industry
Yokogawa Deploys Multiple Autonomous Control AI Agents at Aramco Facility
Yokogawa Electric Corporation, headquartered in Tokyo, Japan, has reached a major milestone in industrial artificial intelligence deployment through its collabo
Nuclear Power
Hyundai E&C Wins First U.S. Large Nuclear Contract
Hyundai Engineering & Construction (Hyundai E&C) announced on October 26 that it has signed a contract with energy developer Fermi America to lead the basic des
New Energy Vehicles
Archer Aviation Strikes Korean Air Deal for EVTOL Air Taxis
Archer Aviation (ACHR.N) announced on Monday that it has signed a partnership agreement with Korean Air (003490.KS) to commercialize its electric air taxis in S
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Most views from South Korea
1
South Korea Petrochemical Overhaul Likely to Shut Small, Stand-Alone Naphtha Crackers
2
South Korea Quitting Coal Will Hurt US LNG and Australian Coal Exports
3
Asia Thermal Coal Imports Rise in July as Japan, South Korea Buy
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DL Chemical Proposes Shutting Yeochun NCC’s No. 1 Plant Under Restructuring
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South Korea Launches 1.25GW Offshore Wind Tender
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Vestas Secures Turbine Order for Sinan U Offshore Wind Project in South Korea