Two firms will cooperate to churn out biological materials for EVs
South Korea’s Samyang Corp. announced on Feb. 22 that it had joined forces with local start-up Nano Tim to develop eco-friendly materials for electric vehicles.
The Seoul-based company noted that...
New software due for ready-mixed concrete business
South Kora’s Sampyo Group announced on Feb. 21 that it had joined hands with local software program company DFocus to come up with dedicated ERP and MES programs.
By integrating and automating the two...
CEO Her visits Chinese cities for 10 days
Korea Ginseng Corporation (KGC) announced on Feb. 21 that its CEO Her Chul-ho had visited China to tap into the mega-sized market for healthy foods.
In particular, Her visited Jilin, Shenzhen, and Shanghai...
Chairman Moon wins leadership award in HFCS
The Global Hydrogen Industrial Association Alliance (GHIAA) announced on Feb. 10 that it held the third general meeting on Feb. 10 in the United States.
The meeting took place on the sidelines of the Hydrogen &...
Korean outfits join HFCS in California
South Korea’s H2Korea announced on Feb. 9 that it had taken part in the Hydrogen & Fuel Cell Seminar (HFCS) in California, which finished its three-day run on the day.
Organized by the U.S. Fuel...
Two corporations expected to expand collaboration
South Korea’s energy solution company Doosan Enerbility announced on Feb. 7 that it had joined hands with Germany-based giant Siemens Gamesa to cooperate in the wind power projects.
Under the strategic partnership, Doosan said that...
Money-losing food company up for sales
South Korea’s leading food corporation Dongwon Industries announced on Feb. 6 that it was thinking of acquiring money-losing McDonald’s Korea.
In response to media reports, the Seoul-based company said in a regulatory filing, “We are...
German brand reaches unprecedented plateau
Mercedes-Benz Korea announced on Feb. 1 that the company’s sales topped 80,000 vehicles last year for the first time in its 20-year history in this country.
The German automaker, which stages stiff competition with BMW in...
Two corporations signing 15-year exclusive contract
South Korea’s leading tobacco manufacturer KT&G announced Monday that it had signed a 15-year contract with Philip Morris International in tapping into the global market.
Under the agreement, the latter will commercialize the former’s smoke-free...
Cement business bellwether leading trend once again
Sampyo Cement announced on Jan. 27 that the company had established an ESG Committee for the first time in the South Korean cement industry.
In particular, the ESG Committee is composed of 100 percent...