Lotte ethanolmine production
Scope
Date
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Electronics
LG launches new 14-person dishwasher
LG Electronics Inc. announced on Thursday that it released the 14-person LG Dios Objet Collection Dishwasher," which enhances space efficiency and c...
Feb 08, 2024 (Gmt+09:00)
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Automobiles
Lotte Rental, KB Capital to co-work for car rental
Lotte Rental Co., South Korea's largest car rental firm, has signed a strategic memorandum of understanding (MOU) with the domestic financial comp...
Feb 08, 2024 (Gmt+09:00)
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Retail
Lotte to sell 7-Eleven’s ATM unit in Korea for around $38 mn
Lotte Group is set to sell the automated teller machine (ATM) business of Korea Seven Co., the operator of convenience store chain 7-Eleven in South...
Feb 07, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax targets Southeast Asia's halal perfume market
Cosmax Inc., South Korea's largest cosmetics manufacturer in original design manufacturing (ODM), announced on Wednesday that it opened its new perf...
Feb 07, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix to use 30% recycled materials by 2030
SK Hynix Inc., the world's second-largest memory chip producer, announced on Tuesday that it has established a medium- to long-term plan to utilize ...
Feb 06, 2024 (Gmt+09:00)
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Steel
Korean steelmakers to raise prices further
South Korea’s top steelmaker POSCO Holdings Inc. and its domestic peers are poised to raise product prices further to cut losses amid surging ...
Feb 05, 2024 (Gmt+09:00)
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Carbon neutrality
Samsung gets global carbon reduction certification for TV
Samsung Electronics Co. announced on Monday that its eight product series in 2024 Neo QLED 4K and 8K, OLED, and The Frame lineups have received th...
Feb 05, 2024 (Gmt+09:00)
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Hydrogen economy
POSCO Int’l teams up with UAE for blue hydrogen
POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...
Jan 31, 2024 (Gmt+09:00)
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Machinery
Doosan Bobcat showcases hydrogen-powered forklift in S.Korea
Doosan Bobcat, the construction and agricultural machine manufacturer of South Korea’s Doosan Group, has commercialized hydrogen-powered forkl...
Jan 31, 2024 (Gmt+09:00)
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Korean stock market
Korean banks stop ELS sales after HSCEI debacle
South Korean banks are scurrying to suspend the sale of equity-linked securities (ELS) after the country’s financial regulator said it may con...
Jan 31, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Wellfood to produce Pepero in India
South Korea's Lotte Wellfood Co. announced on Wednesday that it plans to build a Pepero production line in India. Pepero is a thin cookie stick with...
Jan 31, 2024 (Gmt+09:00)
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Corporate restructuring
Lotte Group Chairman says to sell ailing units for new biz: report
Lotte Group plans to sell ailing units as the South Korean retail-to-chemical conglomerate is shifting its focus to new growth sectors such as bio, ...
Jan 30, 2024 (Gmt+09:00)
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Retail
Korean convenience stores push exports of own brand products
South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...
Jan 30, 2024 (Gmt+09:00)
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Korean food
Lotte Mart debuts Korean street food store in Indonesia
South Korea's Lotte Mart has introduced its first specialized grocery store overseas, announcing the opening of its revamped Gandaria store in Jakar...
Jan 29, 2024 (Gmt+09:00)
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Korean food
Nongshim to open brand zone in Myeongdong, Seoul
South Korean food and beverage giant Nongshim Co. announced on Friday that it will open its brand zone in Myeongdong, Seoul with the domestic street...
Jan 26, 2024 (Gmt+09:00)
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Food & Beverage
Orion, VNUA to team up for potato production
South Korea’s confectionery and snack maker Orion Corp. announced on Friday that it signed a strategic partnership agreement with the Institut...
Jan 26, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Duty Free, Modetour to co-work for Vietnam tourism
South Korea's Lotte Duty Free announced on Friday that it has signed a memorandum of understanding (MOU) with Modetour Network Inc. to jointly devel...
Jan 26, 2024 (Gmt+09:00)
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Energy
OCI to strengthen solar energy biz in Malaysia
OCI Holdings Co. announced on Thursday that it hosted a charity event in Sarawak, Malaysia, aiming to strengthen local ties in the region home to it...
Jan 25, 2024 (Gmt+09:00)
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Food & Beverage
Lotte gets exclusive right of Bacha Coffee in S.Korea
South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...
Jan 25, 2024 (Gmt+09:00)
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Earnings
SK Hynix swings to profit; sees 60% surge in HBM demand
SK Hynix Inc. turned a profit in the last quarter of 2023, reversing losses over the past four quarters as high-performance chips such as doubl...
Jan 25, 2024 (Gmt+09:00)
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Retail
Lotte World Tower sees record-high visitors in 2023
Lotte Property & Development Co. (Lotte P&D) announced on Wednesday that the total number of visitors to Lotte World Tower and Mall last yea...
Jan 25, 2024 (Gmt+09:00)
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Electronics
Samsung opens premium experience store in Mumbai
Samsung Electronics Co. announced on Tuesday that it opened a flagship premium experience store Samsung BKC in Mumbai, India. Samsung BKC, spread ac...
Jan 24, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai unveils aerodynamic tech to increase EV mileage
Hyundai Motor Group on Tuesday unveiled an aerodynamic technology to increase electric vehicles’ mileage as the world’s third-largest au...
Jan 23, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Wellfood enters Costco stores in Canada, Mexico
South Korea's Lotte Wellfood Co. announced on Tuesday that it is expanding exports to Mexico and Canada through Costco. It marks the first entry o...
Jan 23, 2024 (Gmt+09:00)
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Artificial intelligence
LG gets global AI management system certification
LG Electronics Inc. announced on Monday that it has received the Artificial Intelligence Management System (ISO/IEC 42001) certification, an interna...
Jan 22, 2024 (Gmt+09:00)
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Korean stock market
Korean investors doomed to suffer $171 mn losses from HSCEI ELS
South Korean investors have already suffered about 230 billion won ($171 million) losses from their investments in equity-linked securities (ELS) ti...
Jan 22, 2024 (Gmt+09:00)
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Bio & Pharma
Lotte Biologics, NJ Bio to jointly develop ADC
South Korea's Lotte Biologics Co. announced on Monday that it has signed a strategic business agreement with NJ Bio, a US-based preclinical and clin...
Jan 22, 2024 (Gmt+09:00)
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Retail
Lotte Mall West Lake Hanoi cited as a Lotte success story
Lotte Mall West Lake Hanoi, a premium commercial complex, has emerged as a hot spot in Vietnam, hitting the 100 billion won ($74 million) milestone ...
Jan 22, 2024 (Gmt+09:00)
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Retail
Lotte Duty Free holds grand reopening ceremony at Changi Airport
Lotte Duty Free held a grand opening ceremony for its Changi Airport store in Singapore, marking the official start of its 19 stores.Lotte Duty Free...
Jan 21, 2024 (Gmt+09:00)
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Regulations
S.Korea to scrap capital gains taxes on financial products
South Korea will scrap a plan to impose taxes on capital gains from financial products for all shareholders and further lower securities transaction...
Jan 17, 2024 (Gmt+09:00)