Petrochemicals
Petrochemicals
HD Hyundai Oilbank to supply ultra-low sulfur diesel to Guam
May 02, 2024 (Gmt+09:00)
-
Petrochemicals
S-Oil gets int’l certification for SAF
S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., announced on Thursday that it has achieved the International Sustainability and Carbon C...
Apr 05, 2024 (Gmt+09:00)
1 Min read -
Petrochemicals
LG Chem to close base chemical styrene monomer business
LG Chem Ltd., South Korea's No. 1 petrochemical company, will shut down its styrene monomer (SM) production line this month and is mulling closing an...
Mar 13, 2024 (Gmt+09:00)
3 Min read -
Chemical Industry
LG Chem, CJ CheilJedang to launch eco-friendly bio-nylon joint venture
South Korea’s top chemicals maker LG Chem Ltd. and food and biotechnology firm CJ CheilJedang Corp. have agreed to launch an eco-friendly bio-n...
Feb 15, 2024 (Gmt+09:00)
2 Min read -
Petrochemicals
Kumho Petrochem's Hugreen secures highest HB mark grade
South Korea's Kumho Petrochemical Co. announced on Thursday that its phenolic foam board (PF board) insulation material under the construction materi...
Feb 01, 2024 (Gmt+09:00)
1 Min read -
Corporate restructuring
Kolon Industries to downsize industrial film business amid weak demand
Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing comp...
Dec 15, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
DL E&C, KBR to co-work for SAF project
South Korea’s DL E&C Co. announced on Wednesday that it signed a feasibility study contract with Kellogg Brown & Root (KBR) Inc., the U...
Dec 13, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Kumho Petrochemical accelerates CCUS push with CO2 capture plant
Kumho Petrochemical Co., South Korean petrochemical major, is accelerating its inroads into the carbon capture, utilization and storage (CCUS) market...
Dec 03, 2023 (Gmt+09:00)
3 Min read -
Petrochemicals
HD Hyundai Oilbank to supply petroleum products to Sunoco
South Korea's HD Hyundai Oilbank said on Tuesday it has extended a contract with US fuel distributor Sunoco LP to supply petroleum products next year...
Nov 14, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Saudi Aramco’s $7 bn Korea project mired by labor shortage
Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumblin...
Nov 10, 2023 (Gmt+09:00)
3 Min read -
Petrochemicals
Lotte Chemical sells JV stakes in China, eyes other profitable markets
South Korea’s Lotte Chemical Corp. has sold its entire stakes in joint ventures with Chinese partners as the Korean company faces a supply glut...
Oct 09, 2023 (Gmt+09:00)
3 Min read -
Petrochemicals
LG Chem to sell polarizer businesses to Chinese peers for $800 mn
LG Chem Ltd., the parent of South Korea’s No. 1 battery maker LG Energy Solution Ltd., will unload its polarizer businesses to two Chinese play...
Sep 27, 2023 (Gmt+09:00)
2 Min read -
Petrochemicals
Samsung Eng. wins $19.5 mn Saudi petrochemical plant design contract
South Korea's Samsung Engineering has secured a front end engineering design (FEED) project for a PDH·PP·UTOS Plant in Saudi Arabia, ma...
Sep 27, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
HD Hyundai Oilbank changing into eco-friendly energy entity
South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversification...
Sep 27, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
LG Chem, Eni eye JV to build biofuel plant in Korea
South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oil...
Sep 14, 2023 (Gmt+09:00)
2 Min read -
Petrochemicals
Lotte Chemical sells off debt-ridden JV to China's Sanjiang
South Korea’s Lotte Chemical Corp. has divested all shares it owns in Chinese joint venture Lotte Sanjiang Chemical Co., according to people fa...
Aug 16, 2023 (Gmt+09:00)
1 Min read -
Earnings
Lotte Chemical posts fifth straight quarterly operating loss in Q2
South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The company ...
Aug 09, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
S.Korea’s petrochemical players boost plastic container recycling
South Korea's major petrochemical companies have entered the sector for 100% recycled plastic containers through cooperation with food and cosmetics ...
Jul 12, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Hanwha TotalEnergies completes building POE pilot plant
Hanwha TotalEnergies Petrochemical Co., a South Korean joint venture between Hanwha Group and TotalEnergies, announced on Thursday that it has comple...
Jun 29, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Hyundai Engineering's petrochemical plant in Poland starts pilot output
South Korea’s Hyundai Engineering has started pilot small-scale output ahead of mass production at its petrochemical plant in Poland. Constru...
Jun 27, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in its...
Jun 19, 2023 (Gmt+09:00)
2 Min read -
Petrochemicals
Kumho Petrochem signs MOU with Japanese second-largest refiner
South Korea's Kumho Petrochemical Co. and Idemitsu Kosan Co., a Japanese refining and petrochemical company, announced on May 17 that they have signe...
May 17, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
SK Chemicals, Comex jointly develop eco-friendly food storage containers
South Korea's SK Chemicals announced on Monday the launch of "Eco Clear," an airtight container developed in collaboration with Comex Industrial Co.,...
May 15, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Kolon Industries to expand high-value specialty petroleum products plant
Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) t...
May 15, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
SK Geo Centric, Loop to set up plastic recycling plant in Korea
SK Geo Centric Co., a petrochemical unit within South Korean conglomerate SK Group, said on Wednesday it will set up a joint venture with a Nasdaq-li...
May 03, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Kolon Industries achieves certification for eco-friendly petroleum resins
Kolon Industries Inc., a Korean manufacturer of chemical and textile products, announced on Monday that it has become the first company in the domest...
Mar 27, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project
A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fac...
Mar 10, 2023 (Gmt+09:00)
2 Min read -
Petrochemicals
SK Earthon to be reborn as carbon-neutral company
SK Earthon, an oil development subsidiary of South Korea's SK Innovation Co., plans to transform into a carbon-neutral company focused on oil explora...
Mar 07, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
S.Korea's Taekwang Industrial acquires ISO 45001 certification
Taekwang Industrial Co., a textile and petrochemical subsidiary of Taekwang Group, announced on Sunday that it has achieved ISO 45001 certification f...
Mar 06, 2023 (Gmt+09:00)
1 Min read -
Petrochemicals
Lotte Fine Chemical transforms from ugly duckling to golden swan
For Samsung Group, the fine chemicals business was an ugly duckling losing money while other affiliates, including Samsung Electronics Co., were flus...
Feb 13, 2023 (Gmt+09:00)
2 Min read
Hidden Champions
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
Koh Young Technology Inc
Published: Sep 21, 2020
Last updated: Jan 20, 2023
-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
-
3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
Future Unicorns
Latest News