Carbon neutrality
Carbon neutrality
LG Energy to power all its global operations with renewable energy by 2025
Aug 04, 2022 (Gmt+09:00)
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Carbon neutrality
Six major Korean firms tie up with Petronas for carbon biz
South Korea’s six biggest companies joined hands with Malaysia’s state energy firm Petroliam Nasional Berhad (Petronas) for the carbon ca...
Aug 03, 2022 (Gmt+09:00)
1 Min read -
Carbon neutrality
Solar cells & modules, Hyundai Heavy’s hidden growth fuel
Hyundai Heavy Industries Group, the world’s top shipbuilder, secured another future growth engine from its solar cells and modules business on ...
Aug 02, 2022 (Gmt+09:00)
1 Min read -
Carbon neutrality
Hyundai Oilbank, Lotte Confectionery tie up for biodiesel business
Hyundai Oilbank Co., a South Korean refiner backed by Saudi Aramco, and food maker Lotte Confectionery Co. have forged a strategic partnership to joi...
Aug 02, 2022 (Gmt+09:00)
1 Min read -
Carbon neutrality
Soaring renewable energy costs haunt top Korean firms
Major South Korean conglomerates are stepping up efforts to switch to renewable energy, driving their electricity costs sharply higher amid low suppl...
Jul 26, 2022 (Gmt+09:00)
3 Min read -
Carbon neutrality
Korean DL E&C to enter SMR biz with Canada’s Terrestrial
South Korea’s construction company DL E&C Co. is set to make inroads into the small modular reactor (SMR) business for future growth in coo...
Jul 21, 2022 (Gmt+09:00)
2 Min read -
Carbon neutrality
Hyundai Mobis to power all plants with 100% renewable energy by 2040
Automobile companies’ carbon-neutral activities often result in developing and producing eco-friendly vehicles such as electric vehicles and hy...
Jul 11, 2022 (Gmt+09:00)
2 Min read -
Carbon neutrality
SK E&S to launch London office in view of growth opportunities in Europe
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is preparing to open a business office in London as it sees growth opp...
Jul 04, 2022 (Gmt+09:00)
2 Min read -
Carbon neutrality
Top S.Korean firms face carbon neutrality dilemma
South Korea’s top 30 companies emitted their largest-ever amount of carbon dioxide last year, contrary to their goal of reducing greenhouse gas...
Jul 04, 2022 (Gmt+09:00)
3 Min readlanguage -
Carbon neutrality
SK E&S, Australia’s Santos eye joint carbon capture, hydrogen projects
SK E&S Co., the natural gas business unit of South Korea’s SK Group, and Australia’s leading energy company Santos Ltd. are seeking j...
May 26, 2022 (Gmt+09:00)
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Carbon neutrality
SK ties up with Bill Gates’ TerraPower for small nuclear reactor biz
SK Group, South Korea’s No. 2 conglomerate, joined hands with TerraPower, an advanced nuclear power venture founded by billionaire Bill Gates, ...
May 18, 2022 (Gmt+09:00)
1 Min read -
Carbon neutrality
Hyundai Oilbank steps up eco-friendly white bio business
Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The company has selected wh...
May 11, 2022 (Gmt+09:00)
2 Min read -
Carbon neutrality
SK E&S invests $110 million in world’s largest carbon capture project
SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions L...
May 10, 2022 (Gmt+09:00)
2 Min read -
Carbon neutrality
POSCO, Hancock partner for low-carbon steel materials production
South Korea’s top steelmaker POSCO Co. and Hancock Prospecting Pty Ltd, a leading Australian mining firm, are slated to collaborate in low-carb...
Mar 30, 2022 (Gmt+09:00)
2 Min read -
Carbon neutrality
SK E&S to start business of carbon storage in depleted gas fields
South Korea’s SK E&S Co. is set to enter the business of carbon storage in depleted gas fields.The natural gas business unit of SK Group sa...
Mar 10, 2022 (Gmt+09:00)
1 Min read -
Carbon neutrality
US Novelis to build $53 mn aluminum recycle center in Korea
Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet th...
Feb 22, 2022 (Gmt+09:00)
1 Min read -
Carbon neutrality
SK Group to establish $835 mn green biz R&D complex
SK Group, South Korea’s third-largest conglomerate, plans to invest more than 1 trillion won ($835.3 million) in a research and development com...
Jan 26, 2022 (Gmt+09:00)
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Carbon neutrality
POSCO mothballs Korea’s oldest blast furnace for carbon neutrality
Park Tae-joon, the late honorary chairman of POSCO Co., and other key founding members of the global steel giant celebrated on June 9, 1973, when Sou...
Dec 29, 2021 (Gmt+09:00)
3 Min read -
Carbon neutrality
KEPCO to develop subsea transmission for ADNOC
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) awarded a $3.6 billion contract to a consortium led by Korea...
Dec 23, 2021 (Gmt+09:00)
1 Min readlanguage -
Carbon neutrality
Hyundai Oilbank to build LNG-hydrogen power plant for $335 mn
South Korean refiner Hyundai Oilbank Co. plans to build an eco-friendly power plant fueled with liquefied natural gas (LNG) and blue hydrogen to meet...
Dec 22, 2021 (Gmt+09:00)
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Carbon neutrality
Hyundai Engineering to make hydrogen from plastic waste
Hyundai Engineering Co., a construction unit of South Korea's Hyundai Motor Group, is spending 400 billion won ($336 million) to build a plant to pro...
Dec 22, 2021 (Gmt+09:00)
1 Min read -
Carbon neutrality
POSCO to build mini mills for carbon neutrality
POSCO Co., the world’s No. 5 steelmaker, plans to build mini mills, electric arc furnaces for hot rolled steel, in South Korea as part of its ...
Dec 20, 2021 (Gmt+09:00)
5 Min readlanguage -
Carbon neutrality
Hyundai Oilbank to make building, paper materials with carbon
South Korean refiner Hyundai Oilbank Co. is set to produce eco-friendly materials for construction and paper with by-products of refining as it seeks...
Dec 06, 2021 (Gmt+09:00)
3 Min read -
Carbon neutrality
Hyundai E&C teams up with US Holtec on SMR business
South Korea’s builder Hyundai Engineering & Construction Co. (Hyundai E&C). is set to join the small modular reactor (SMR) business in ...
Nov 25, 2021 (Gmt+09:00)
2 Min readlanguage -
Carbon neutrality
LG Chem, GS Caltex to produce biodegradable plastic material
South Korea’s top petrochemical maker LG Chem Ltd. and the No. 2 refiner GS Caltex Corp. have agreed to jointly produce a biodegradable plastic...
Nov 19, 2021 (Gmt+09:00)
3 Min read -
Carbon neutrality
Korea’s state electric companies to cease coal power generation by 2050
State-run utility Korea Electric Power Corp. (KEPCO) and its six subsidiaries declared an aim to cease coal power generation by 2050 in a bid to play...
Nov 11, 2021 (Gmt+09:00)
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Carbon neutrality
Recycled plastic in growing demand as Korean firms pursue ESG business
Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled ...
Sep 27, 2021 (Gmt+09:00)
3 Min readlanguage -
Carbon neutrality
S.Korea to allow brokerages to trade carbon credits
Financial services companies, including brokerage firms, will be able to participate in South Korea's carbon emission trading market by year's end at...
Sep 08, 2021 (Gmt+09:00)
2 Min read -
Carbon neutrality
Samsung Heavy wins approval for ammonia-ready ship design
Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an a...
Aug 19, 2021 (Gmt+09:00)
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Carbon neutrality
S.Korea to launch first carbon credit ETFs in September
South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the rising investor deman...
Aug 13, 2021 (Gmt+09:00)
2 Min read
Hidden Champions
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Published: Mar 22, 2021
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Published: Nov 30, 2021
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Published: Feb 02, 2021
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