LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...

LX International seeks to acquire nickel, copper mines in Indonesia

LX International seeks to acquire nickel, copper mines in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...

LX Pantos enters US intermodal logistics market with Japan’s ONE

LX Pantos enters US intermodal logistics market with Japan’s ONE

LX Pantos Co., South Korea’s largest logistics company under LX International Corp., has advanced into the US intermodal logistics market join...

Magnachip, up for sale again, contacts Samsung, LG, LX

Magnachip, up for sale again, contacts Samsung, LG, LX

South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...

LX Pantos IPO delayed as Mirae Asset sells stake

LX Pantos IPO delayed as Mirae Asset sells stake

South Korea’s leading brokerage firm Mirae Asset Securities Co. is poised to sell its stake in LX Pantos Co., adding to expectations of more d...

LX Pantos, Kazakhstan to cooperate on logistics

LX Pantos, Kazakhstan to cooperate on logistics

South Korea's LX Pantos said on Thursday that it plans to strengthen its logistics business in Central Asia, focusing on Kazakhstan.Lee Yong-ho, CEO...

LX Pantos founder’s son sells shares to LX International for $37 mn

LX Pantos founder’s son sells shares to LX International for $37 mn

The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomera...

LX Hausys Benif receives EPD certification

LX Hausys Benif receives EPD certification

South Korea's LX Hausys Co. announced on Thursday that its interior film product Benif obtained the Environmental Product Declaration (EPD) certific...

LX Pantos to enter Indonesian resource logistics market

LX Pantos to enter Indonesian resource logistics market

South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...

Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV

Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV

LX Pantos Co., the logistics unit of South Korea’s LX Group, said on Thursday it will launch a multimodal transport joint venture with Sinotra...

LX International joins UNGC

LX International joins UNGC

South Korean trading firm LX International Corp. announced on Tuesday that it joined the United Nations Global Compact (UNGC) to strengthen its envi...

Korea's LX opens Hungary terminal for Europe EV, battery logistics

Korea's LX opens Hungary terminal for Europe EV, battery logistics

LX Pantos, one of the top logistics firms in South Korea, has launched a railway terminal in Hungary for the electric vehicle and battery logistics ...

Korea's LX International buys Indonesian nickel miner for $100 mn

Korea's LX International buys Indonesian nickel miner for $100 mn

South Korean trading firm LX International Corp. said on Tuesday that it has acquired a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP)&...

Korean Air, LX Pantos sign SAF business agreement

Korean Air, LX Pantos sign SAF business agreement

Korean Air Lines Co. signed on Monday a memorandum of understanding (MOU) for sustainable aviation fuel (SAF) business with LX Pantos Co. This MOU i...

LX International to buy Indonesia's PT AKP for nickel mining

LX International to buy Indonesia's PT AKP for nickel mining

LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...

HD Hyundai Oilbank secures bio-based material supply network

HD Hyundai Oilbank secures bio-based material supply network

South Korea's HD Hyundai Oilbank announced on Tuesday it signed contracts with Indonesia's Korindo Group and Korea's LX International for the purcha...

LG Chem, LX Hausys develop material delaying battery thermal runaway

LG Chem, LX Hausys develop material delaying battery thermal runaway

South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...

Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon

Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon

Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co. and Dongwon Industries Co., according to...

LX Pantos, POSCO Flow to cooperate in global logistics

LX Pantos, POSCO Flow to cooperate in global logistics

South Korea’s LX Pantos Logistics and POSCO Flow, formerly POSCO Terminal, will strengthen their cooperation in logistics for secondary batter...

LX Group may bid for container line HMM in four-way race

LX Group may bid for container line HMM in four-way race

South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...

Samsung’s foundry business to make DDIC chips for LX Semicon

Samsung’s foundry business to make DDIC chips for LX Semicon

LX Semicon Co., one of South Korea’s leading chip design firms, plans to ask Samsung Electronics Co. to manufacture display driver integrated ...

LX Hausys partners with Belgian firm for premium window market

LX Hausys partners with Belgian firm for premium window market

South Korean company LX Hausys, specializing in building materials and interior products, has signed a strategic partnership agreement for aluminium...

S.Korea kicks off privatization of top container line HMM

S.Korea kicks off privatization of top container line HMM

South Korea has started the process to privatize the country’s No. 1 container line HMM Co. by tapping advisors for the sale of the controllin...

A-Team Ventures succeeds in attracting $4.1 mn investment from LX

A-Team Ventures succeeds in attracting $4.1 mn investment from LX

A-Team Ventures, which runs an online manufacturing platform "Capa," said on Friday that it has raised a Series B funding of 5 billion won ($4.1 mil...

LX International wins conditional approval to acquire HanGlas

LX International wins conditional approval to acquire HanGlas

The Korean Fair Trade Commission said on Monday that it had conditionally approved LX International Corp.'s bid to acquire Hankuk Glass Industries (...

KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale

KDB reaches out to Hyundai, POSCO, CJ, LX on HMM stake sale

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

Hanjin Group management rights feud resolved with aid of LX Group

Hanjin Group management rights feud resolved with aid of LX Group

LX Pantos, an LX Group affiliate, has acquired a 3.86% stake in Hanjin KAL Corp., the holding company of Hanjin Group.The LX Group is considered a k...

South Korea’s top general trading giants embrace rising raw materials costs

South Korea’s top general trading giants embrace rising raw materials costs

Back in the 1970s and 80s, general trading companies were the vanguards of South Korea’s exports. Daewoo International Corp., LG Internat...

LX Pantos mulls Air Premia acquisition to facilitate global logistics service

LX Pantos mulls Air Premia acquisition to facilitate global logistics service

LX Pantos Co., the logistics unit of South Korea’s LX Group, is looking to acquire a controlling stake in local budget carrier Air Premia Co.,...

LX International’s value soars on cryptocurrency, GAM mine in Indonesia

LX International’s value soars on cryptocurrency, GAM mine in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, has seen its enterprise value rise by two-thirds over the past three month...

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