Kumho Tire shuts Gwangju plant after fire, derailing record sales run

Kumho Tire shuts Gwangju plant after fire, derailing record sales run

Kumho Tire Co. has suspended all operations at its Gwangju plant in South Korea after a fire destroyed 50-60% of the production lines in one of its ...

Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant

Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant

Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as...

Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower

Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower

Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...

Kumho Petrochemical's Seoul headquarters put on market

Kumho Petrochemical's Seoul headquarters put on market

IGIS Asset Management Co., has put Kumho Petrochemical Group’s headquarters building, Signature Tower in central Seoul, up for sale – a ...

Kumho Tire holds Latin American dealer convention

Kumho Tire holds Latin American dealer convention

South Korea's Kumho Tire Co. announced on Friday that it held the Kumho Dealer Convention event from July 20 to 22 in Sao Paulo, Brazil, inviting ab...

Kumho Tire to sponsor Eintracht Frankfurt

Kumho Tire to sponsor Eintracht Frankfurt

South Korea's Kumho Tire Co. announced on Thursday that it signed a three-year strategic partnership agreement with Eintracht Frankfurt, Germany's B...

Kumho Tire to supply tires for Alpine Class

Kumho Tire to supply tires for Alpine Class

South Korea's Kumho Tire Co. announced on Friday that it will exclusively supply high-performance tires for the Renault high-performance car one-mak...

Kumho Tire to supply premium tires to Jeep, Peugeot in Korea

Kumho Tire to supply premium tires to Jeep, Peugeot in Korea

Kumho Tire Co., South Korea’s No. 2 tire maker, announced on Tuesday that it will supply tires to 33 official service centers nationwide for J...

S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe

S.Korea’s Kumho Tire to invest $751 mn to build plant in Europe

Kumho Tire Co., South Korea’s No. 2 tire maker, plans to invest more than 1 trillion won ($750.8 million) by 2027 to build its first plant in ...

ISS backs Kumho Petrochem in family feud-triggered proxy war

ISS backs Kumho Petrochem in family feud-triggered proxy war

Proxy advisory firm International Shareholder Services (ISS) has expressed its support for all of Kumho Petrochemical Co.'s proposals up for vote ...

Kumho Tire forges tech licensing agreement with Saudi's Blatco

Kumho Tire forges tech licensing agreement with Saudi's Blatco

Kumho Tire Co. announced on Monday that it signed a technology export contract with Saudi Arabia's Black Arrow Tire Co. (Blatco).Under the deal, Kum...

Family feud at Kumho Petrochem set to reignite

Family feud at Kumho Petrochem set to reignite

Park Chul-whan, the nephew of Kumho Petrochemical Co.'s former Chairman Park Chan-koo, has launched a proxy fight jointly with an activist fund, fue...

Kumho Petrochem's Hugreen secures highest HB mark grade

Kumho Petrochem's Hugreen secures highest HB mark grade

South Korea's Kumho Petrochemical Co. announced on Thursday that its phenolic foam board (PF board) insulation material under the construction mater...

Kumho Petrochemical accelerates CCUS push with CO2 capture plant

Kumho Petrochemical accelerates CCUS push with CO2 capture plant

Kumho Petrochemical Co., South Korean petrochemical major, is accelerating its inroads into the carbon capture, utilization and storage (CCUS) marke...

Ex-Kumho Petrochemical chair returns as Kumho Mitsui co-CEO

Ex-Kumho Petrochemical chair returns as Kumho Mitsui co-CEO

Park Chan-koo, former chairman of South Korea’s Kumho Petrochemical Group, has returned to the top position of Kumho Mitsui Chemicals Inc. as ...

Kumho Petrochem, POSCO look to carbon nanotube JV, share swap

Kumho Petrochem, POSCO look to carbon nanotube JV, share swap

South Korea’s Kumho Petrochemical Co. and POSCO International Corp. are considering launching a joint venture to produce carbon nanotubes (CNT...

S.Korea's Kumho HT to set up local subsidiary in India

S.Korea's Kumho HT to set up local subsidiary in India

South Korea's automotive lighting device maker Kumho HT, Inc. announced on Monday its strategy to set up an India corporation, capitalizing on the b...

Tesla Model Y runs with Kumho’s EV tires, its new cash cow

Tesla Model Y runs with Kumho’s EV tires, its new cash cow

Tires tailored for electric vehicles are expected to become the next cash cow of South Korean tire maker Kumho Tire Co. thanks to growing EV tire or...

Kumho chief Park, other business leaders granted presidential pardons

Kumho chief Park, other business leaders granted presidential pardons

Park Chan-koo, honorary chairman of Kumho Petrochemical Co., and 11 other South Korean business leaders have been granted presidential pardons to ...

S.Korean tire producers rally on strong demand, low costs

S.Korean tire producers rally on strong demand, low costs

South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...

Kumho Tire signs official sponsorship deal with AC Milan

Kumho Tire signs official sponsorship deal with AC Milan

South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...

Kumho Petrochem signs MOU with Japanese second-largest refiner

Kumho Petrochem signs MOU with Japanese second-largest refiner

South Korea's Kumho Petrochemical Co. and Idemitsu Kosan Co., a Japanese refining and petrochemical company, announced on May 17 that they have sign...

Governor of Louisiana visits Kumho Tire HQ in Seoul

Governor of Louisiana visits Kumho Tire HQ in Seoul

South Korea's leading tire manufacturer Kumho Tire Co., Inc. announced on Monday that Louisiana Governor John Bel Edwards visited its headquarters i...

Kumho Petrochem wins BB rating from MSCI's ESG ratings

Kumho Petrochem wins BB rating from MSCI's ESG ratings

Kumho Petrochemical Co. announced on Wednesday that it had received a "BB rating" in the environmental, social and governance (ESG) evaluation by Mo...

Korea's Kumho Tire sponsors Touring Car Championship

Korea's Kumho Tire sponsors Touring Car Championship

Kumho Tire Co. announced on Monday its title sponsorship of the Touring Car Championship (TCR), a global touring car competition, with the organizer...

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) committee directly u...

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochem's rubber products win eco-friendly certification

Kumho Petrochemical Co. said on Tuesday that its four synthetic rubber products including SSBR, HBR, LBR, and NdBR have earned International Sustain...

Kumho Tire receives silver medal from EcoVadis

Kumho Tire receives silver medal from EcoVadis

Kumho Tire Co. announced on Tuesday that it received a silver medal from EcoVadis, a global ESG (environmental, social, and governance) evaluation a...

Kumho Petrochemical to recycle plastic waste with French partner

Kumho Petrochemical to recycle plastic waste with French partner

Kumho Petrochemical on Tuesday said it has concluded a memorandum of understanding (MOU) with French engineering service provider Technip Energies...

Kumho Tire, labor union in tug of war over international plants

Kumho Tire, labor union in tug of war over international plants

Kumho Tire Co., South Korea’s No. 2 tire maker, struggled to agree with its unionized workers on more overseas plants although the company des...

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