green fuel
Scope
Date
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Corporate strategy
SK Chemicals to invest $1.6 bn in green, biopharmaceutical sectors
South Korea’s SK Chemicals plans to invest more than 2 trillion won ($1.6 billion) in eco-friendly material and biopharmaceutical businesses.T...
Mar 28, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Iveco to cooperate on commercial vehicles
Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...
Mar 07, 2022 (Gmt+09:00)
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Earnings
KEPCO at record loss on fuel costs; wider losses seen in 2022
South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...
Feb 25, 2022 (Gmt+09:00)
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IPOs
Korean battery sector to heat up IPO market again
South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...
Feb 23, 2022 (Gmt+09:00)
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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 co...
Jan 26, 2022 (Gmt+09:00)
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IPOs
Hyundai Engineering CEO: To spend $1.3 bn on green projects with IPO
Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, plans to spend as much as 1.5 trill...
Jan 26, 2022 (Gmt+09:00)
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Corporate restructuring
NPS approves POSCO's split into holding firm, steelmaker unit
The National Pension Service (NPS) of Korea, the largest shareholder of POSCO Co., has given its nod to the steelmaking giant’s plan to spli...
Jan 24, 2022 (Gmt+09:00)
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Hydrogen economy
Hyosung goes greener with $836 million green hydrogen project
Hyosung Group is stepping up efforts to turn into an eco-friendly business, announcing huge investment plans on hydrogen and renewable energy projec...
Jan 24, 2022 (Gmt+09:00)
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Korean food
Vegan foodmaker Organica attracts funding from China's CITIC
Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...
Jan 20, 2022 (Gmt+09:00)
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Energy
ESG fever puts Korean oil refiners in quandary over facility upgrades
South Korea’s four major oil refiners have for decades been at the forefront of the industry push to upgrade facilities, a combined multi-bill...
Jan 16, 2022 (Gmt+09:00)
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Energy
Hylium, KRISO, POSCO receive initial approval for liquid hydrogen storage tanks
Hylium Industries Inc. announced Wednesday that it has been granted an approval in principle (AIP) by the Korean Register for two types of jointly d...
Jan 12, 2022 (Gmt+09:00)
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CES 2022
Convergence, metaverse, green: Korea Inc.’s themes at CES 2022
South Korea’s major companies are showcasing robots, mobility and the metaverse rather than cutting-edge models of their conventional products...
Jan 04, 2022 (Gmt+09:00)
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Energy
Hyundai Oilbank to sell fuels to Hawaii in first term deal with US
South Korean refiner Hyundai Oilbank Co. is set to export gasoline and diesel to Hawaii next year through its first term contract to sell petroleum ...
Dec 29, 2021 (Gmt+09:00)
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Markets
Foreigners sell net $22 bn main Kospi shares in 2021
Foreigners sold a net 25.9 trillion won ($21.8 billion) worth of South Korean stocks on the main Kospi from Jan. 1 to Dec. 23 of this year, marking ...
Dec 26, 2021 (Gmt+09:00)
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Construction
GS E&C secures €70 mn green loan from BNP Paribas for warehouses
South Korea’s construction conglomerate GS Engineering & Construction (GS E&C) said on Dec. 16 it has become the first Korean constr...
Dec 17, 2021 (Gmt+09:00)
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Alternative investments
Patrizia sells Astro Tower in Brussels on behalf of Korean LPs
Patrizia AG, a Germany-based global leading real estate investment firm, said on Dec. 13 it has sold the shares of the company owning Brussels&rsq...
Dec 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Kakao buys startup Grip, fueling e-commerce push
South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, considered the weakest spot...
Dec 02, 2021 (Gmt+09:00)
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Alternative investments
EQT doubles down on sustainability and digitalization to fuel returns
With higher energy prices, creeping inflation and strained supply chains just a few of the headwinds to future economic growth, investors may find i...
Nov 17, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air gets Vietnam’s regulatory approval for acquisition of Asiana
Korean Air Lines Co. (KAL) said on Tuesday it has obtained regulatory approval from Vietnam for its 1.8 trillion won ($1.6 billion) deal to acquir...
Nov 16, 2021 (Gmt+09:00)
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Batteries
LG Energy Solution to supply batteries to US fuel cell truck maker Nikola
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
Nov 05, 2021 (Gmt+09:00)
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Energy
Hyundai Oilbank to develop eco-friendly e-fuels with Danish firm
Hyundai Oilbank Co. plans to develop eco-friendly electrofuels, or e-fuels, jointly with Denmark's Haldor Topsoe as the South Korean oil refiner has...
Nov 05, 2021 (Gmt+09:00)
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Economy
Inflation in Korea nears decade high, fuels fears of more rate hikes
South Korea’s consumer inflation accelerated to a near-10-year high in October, while exports reported an eighth straight month of double-digi...
Nov 02, 2021 (Gmt+09:00)
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Hydrogen economy
S.Korea sees tenfold rise in hydrogen fuel use by 2030
South Korea will sharply increase the adoption of hydrogen as a fuel of transportation, industrial plants and power generators to become the world's...
Oct 07, 2021 (Gmt+09:00)
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Hydrogen economy
Hyundai Mobis breaks ground on $1.1 bn hydrogen fuel cell plants
Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, on Thursday broke ground on a hydrogen fuel cell plant, part of its 1.32 trillion won...
Oct 07, 2021 (Gmt+09:00)
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Hydrogen economy
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
Oct 06, 2021 (Gmt+09:00)
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Batteries
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
Oct 01, 2021 (Gmt+09:00)
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Hydrogen economy
Korea Zinc expands from smelter to hydrogen, battery materials maker
Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green h...
Sep 27, 2021 (Gmt+09:00)
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Energy
Samsung C&T, S-Oil in hydrogen transport partnership
Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...
Sep 17, 2021 (Gmt+09:00)
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Energy
Korea refiners' recovery accelerates on strong margins
South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...
Sep 13, 2021 (Gmt+09:00)
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Electric vehicles
Genesis goes green as Hyundai Motor accelerates EV push
South Korea’s top automaker Hyundai Motor Co. on Thursday unveiled its vision for a sustainable future, in which all its new vehicles under th...
Sep 02, 2021 (Gmt+09:00)
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