lotte energy materials
Scope
Date
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Batteries
LG Energy, Qualcomm to develop battery management system
South Korea’s LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, announced on Sunday that it will dev...
Mar 11, 2024 (Gmt+09:00)
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Banking & Finance
KEXIM, US DOE to support S.Korean green energy firms
The Export-Import Bank of Korea (KEXIM) said on Mar. 7 that it will support domestic firms that aim to enter the American green energy industry with...
Mar 08, 2024 (Gmt+09:00)
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Chemical Industry
HD Hyundai Chemical to produce eco-friendly bio-naphtha
South Korea's HD Hyundai Chemical Co. announced on Thursday that it will collaborate with CJ CheilJedang Corp. to produce eco-friendly bio-naphtha...
Mar 07, 2024 (Gmt+09:00)
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Electric vehicles
SK Signet to supply EV fast chargers in Ohio
SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it will supply fast chargers to the site of the...
Mar 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Lotte puts Lotte Chemical Titan in Malaysia on market
Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...
Mar 06, 2024 (Gmt+09:00)
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Insurance
Lotte Insurance's value rises with long-term care expansion
When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...
Mar 06, 2024 (Gmt+09:00)
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Logistics
Hyundai Movex to supply smart logistics for EcoPro BM Canada plant
South Korea’s Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, announced on Wednesday that it signed a 20 bil...
Mar 06, 2024 (Gmt+09:00)
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Automobiles
S.Korea commercializes recycled materials EV tire
South Korea's Hyosung Advanced Materials, SK Chemicals Co., and Hankook Tire & Technology announced on Mar. 6. that they commercialized a dedica...
Mar 06, 2024 (Gmt+09:00)
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Energy
Lotte Chemical, CIP to join hands on ammonia projects
South Korea’s Lotte Chemical Corp. has reached a preliminary agreement with Copenhagen Infrastructure Partners (CIP) to purchase and sell blue...
Mar 05, 2024 (Gmt+09:00)
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Batteries
LG Energy accelerates EV battery swapping services
Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...
Mar 05, 2024 (Gmt+09:00)
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Energy
LS Eco Energy to supply UHV cables to Singapore's EMA
South Korea's LS Eco Energy Ltd. announced on Tuesday that its Vietnamese production subsidiary, LS-VINA, will supply 12 billion won ($8.99 million)...
Mar 05, 2024 (Gmt+09:00)
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Batteries
Tesla, Korea's EcoPro presumed to enter battery materials deal
Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...
Mar 04, 2024 (Gmt+09:00)
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Corporate restructuring
SK D&D relaunches renewable energy business spin-off as SK Eternix
SK D&D Co., a real estate unit of South Korea’s SK Group, said on Monday it has completed the planned spin-off of its renewable energy bus...
Mar 04, 2024 (Gmt+09:00)
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Robotics
Lotte, Neubility to develop autonomous security robots
South Korea's Lotte Data Communication Co. signed a memorandum of understanding (MOU) with a domestic autonomous robot service company Neubility on ...
Mar 04, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai’s IONIQ 6: Most efficient electric vehicle in US
Hyundai Motor Co.'s electric sedan IONIQ 6 has been named the most energy-efficient vehicle in the US, further driving the South Korean automaker&rs...
Mar 04, 2024 (Gmt+09:00)
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Energy
CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal
China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...
Feb 29, 2024 (Gmt+09:00)
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Fiber & Textile
Kolon Industries upgrades aramid smart factory system
Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...
Feb 26, 2024 (Gmt+09:00)
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Batteries
EV battery makers' silicon anode demand set for take-off
The global market of silicon anode, a lithium-ion battery component garnering attention due to its higher energy capacity and faster charging than g...
Feb 23, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical builds AI organizations
South Korea's Lotte Chemical Corp. announced on Thursday that it has established artificial intelligence (AI) organizations tailored to the characte...
Feb 22, 2024 (Gmt+09:00)
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Batteries
POSCO to build world's largest battery cathode plant cluster
GWANGYANG, South Jeolla Province -- POSCO Future M Co., a battery materials supplier, on Thursday broke ground on its fifth cathode materials ...
Feb 22, 2024 (Gmt+09:00)
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Batteries
LG Energy expedites LFP battery supply chain expansion
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, has secured enough lithium iron phosphate (LFP) cathode ma...
Feb 22, 2024 (Gmt+09:00)
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Construction & Planning
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...
Feb 21, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical completes HEC plant in Yeosu
South Korea’s Lotte Chemical Corp. announced on Monday its commencement of commercial production at the plant of Hydroxy Ethyl Cellulose (prod...
Feb 19, 2024 (Gmt+09:00)
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Electric vehicles
S.Korean refiners’ competition in EV lubricants sector intensifies
Refiners in South Korea are in a race to expand their presence in the electric vehicle lubricants market through overseas production facilities and ...
Feb 18, 2024 (Gmt+09:00)
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Hydrogen economy
Hyundai Motor to take over Hyundai Mobis' fuel cell business
Hyundai Motor Co. will take over its auto parts and components-producing sibling Hyundai Mobis Co.'s fuel cell business, accelerating the South Kore...
Feb 16, 2024 (Gmt+09:00)
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Pension funds
Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund
South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...
Feb 16, 2024 (Gmt+09:00)
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Batteries
LG Energy to produce 4680 batteries in August for Tesla, others: CEO
LG Energy Solution Ltd., the world’s third-largest battery maker, plans to begin mass production of larger format cylindrical cells used by Te...
Feb 15, 2024 (Gmt+09:00)
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Batteries
LG Energy to buy more Australian lithium for US EV benefits
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) battery maker, said on Wednesday it was set to buy more lithium, a ke...
Feb 14, 2024 (Gmt+09:00)
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Steel
POSCO chairman nominee to prop up ailing steel business
The chairman nominee of POSCO Holdings Inc., the parent of the world’s No. 7 steelmaker POSCO, is expected to concentrate on improving its cor...
Feb 13, 2024 (Gmt+09:00)
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Corporate bonds
LG Energy's 2nd bond issue hits record $4.2 bn in bids
LG Energy Solution Ltd., the world’s second-largest rechargeable battery maker, drew a record 5.61 trillion won ($4.2 billion) in bids for a S...
Feb 08, 2024 (Gmt+09:00)
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