vessel construction
Scope
Date
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Real estate
Korean warehouse project financing on brink of debt crisis
Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...
Sep 21, 2022 (Gmt+09:00)
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Construction
Hyundai E&C wins $158 mn order for port facility construction in Kuwait
South Korea’s Hyundai Engineering & Construction Co. announced Tuesday it won a 220 billion won ($157 million) deal from Kuwait to add sev...
Sep 21, 2022 (Gmt+09:00)
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Korean chipmakers
US chipmaking association chief stresses Chip 4 Alliance not about China
John Neuffer, president and CEO of the United States Semiconductor Industry Association (SIA), visited South Korea earlier this week on the primary ...
Sep 10, 2022 (Gmt+09:00)
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Energy
SK Ecoplant joins 2.6GW offshore wind power project in Korea
South Korea’s SK Ecoplant Co. signed an agreement on Monday to jointly develop a combined 2.6 gigawatt (GW) offshore wind power project in Kor...
Sep 06, 2022 (Gmt+09:00)
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Construction & Planning
Korea's Hyundai E&C to build smart green city in Vietnam
Hyundai Engineering & Construction Co. is poised to become the first South Korean company to join Vietnam’s green smart city development p...
Aug 31, 2022 (Gmt+09:00)
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Electric vehicles
LG Energy, Honda to form JV for EV battery production in the US
LG Energy Solution Ltd. announced on Monday that it reached an agreement with Honda Motor Co. to establish a joint venture company to produce lithiu...
Aug 29, 2022 (Gmt+09:00)
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Automobiles
Hyundai’s Chung rolls up sleeves to counter US EV tax credit act
Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...
Aug 25, 2022 (Gmt+09:00)
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Energy
Samsung C&T to build solar power plants worth $595 mn in Qatar
South Korea’s Samsung C&T Corp. is set to build solar power plants worth 800 billion won ($595.2 million) in Qatar, helping the Middle Eas...
Aug 24, 2022 (Gmt+09:00)
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Corporate restructuring
Halla Group to change corporate name to HL Group
South Korea’s Halla Group is changing its corporate name to HL Group as the construction-to-auto parts conglomerate celebrates the 60th annive...
Aug 18, 2022 (Gmt+09:00)
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Artificial intelligence
LG CNS chosen design consultant for Indonesia's $38 bn smart city project
LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...
Aug 08, 2022 (Gmt+09:00)
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Construction
Hyundai Doosan Infracore declares 1st cash dividend in 14 years
Hyundai Doosan Infracore Co., a South Korean construction equipment company, will pay dividends to its shareholders for the first time in 14 years.A...
Jul 28, 2022 (Gmt+09:00)
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Construction & Planning
Samsung Engineering wins $680 mn gas plant project in Malaysia
Samsung Engineering Co. has won a $680 million gas plant construction order in Malaysia from UK-headquartered energy giant Shell plc’s subsidi...
Jul 13, 2022 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to build 1st Korea plant in 29 years
Hyundai Motor Co., South Korea’s top automaker, is set to build a domestic electric vehicle plant in its first local production investment i...
Jul 12, 2022 (Gmt+09:00)
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Construction
Hyundai E&C, Samsung Eng. partner with Saudi Aramco
South Korea’s Hyundai Engineering & Construction (Hyundai E&C) Co. and Samsung Engineering Co. were selected as official partners of N...
Jul 06, 2022 (Gmt+09:00)
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Energy
Hyundai Motor scraps LNG plant construction plan
Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...
Jul 01, 2022 (Gmt+09:00)
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Energy
Danfoss installs energy-saving heating systems in Korea's tallest building
SONDERBORG, Denmark – Denmark’s eco-friendly energy system provider Danfoss has made inroads into South Korea, installing its energy-eff...
Jun 14, 2022 (Gmt+09:00)
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Construction
Korea’s DL E&C suffers from Russian war, chairman-related risk
DL E&C Co., a South Korean offshore plant and construction company, is suffering from its suspended projects in Russia, one of its key overseas ...
Jun 06, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire builds Asia’s largest proving ground for future car tires
Hankook Tire & Technology Co., South Korea’s top tire maker, said on Wednesday it has opened Asia’s largest proving ground to test t...
May 25, 2022 (Gmt+09:00)
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Steel
Dongkuk buys 15% stake in Vietnamese steel fabricator
Dongkuk Steel Mill Co., South Korea’s leading color-coated steel manufacturer, said on Wednesday it has acquired a 15% stake in VSSC Steel Cen...
Apr 27, 2022 (Gmt+09:00)
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ESG bonds
POSCO Chemical to raise $244 mn in green bonds
POSCO Chemical Co., South Korean steelmaker POSCO Group’s chemical and battery material unit, said on April 8 that it will issue green bonds w...
Apr 08, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Alternative investments
Daewoo E&C jointly creates $400 mn fund for overseas M&As
Daewoo Engineering & Construction Co. of South Korea and IMM Investment Global, the Hong Kong-based affiliate of Korean equity firm IMM Investme...
Mar 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders aim for strong demand on tougher rules
South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...
Mar 25, 2022 (Gmt+09:00)
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Batteries
LG Energy, Stellantis to build $4.1 billion battery plant in Canada
The world’s second-largest battery maker LG Energy Solution Ltd. and multinational automaker Stellantis N.V. have agreed to build a $4.1 billi...
Mar 24, 2022 (Gmt+09:00)
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POSCO Chem to expand low-expansion anode materials output
South Korea’s POSCO Chemical Co. plans to fivefold production of low-expansion anode materials, high-value-added ingredients for electric vehi...
Feb 27, 2022 (Gmt+09:00)
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Pension funds
Construction Workers taps former Credit Union head as new CIO
Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...
Feb 08, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai, Daewoo race for ship orders after merger fails
The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...
Feb 04, 2022 (Gmt+09:00)
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Steel
POSCO to revive India steel mill construction plan
POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thursday, after its pre...
Jan 13, 2022 (Gmt+09:00)
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Alternative investments
Korean investors inject $1.2 bn in Australian PPP
Korean investors have injected around A$1.7 billion ($1.2 billion) with a 32-year maturity through senior loans for A$11.1 billion ($8 billion) in t...
Jan 12, 2022 (Gmt+09:00)
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Alternative investments
Hyundai E&C to inject $343 mn in Hilton Seoul redevelopment
Hyundai Engineering & Construction Co. (Hyundai E&C), a construction giant under Hyundai Motor Company, will invest 409.9 billion wo...
Jan 11, 2022 (Gmt+09:00)
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