POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant

POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant

POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...

Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media

What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...

Taekwang, Anchor Equity shortlisted for Aekyung stake

Taekwang, Anchor Equity shortlisted for Aekyung stake

Taekwang Industrial Co., a South Korean chemical and textile company, and Anchor Equity Partners, a Hong Kong-based private equity firm, have emerge...

S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn

S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn

Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...

POSCO Future M to make spherical graphite as it cuts dependence on China

POSCO Future M to make spherical graphite as it cuts dependence on China

POSCO Future M Co., South Korea’s leading battery materials maker, is set to manufacture spherical graphite – a critical material for ba...

LG Chem’s medical skincare business sale draws tepid bid

LG Chem’s medical skincare business sale draws tepid bid

South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...

Hylium to supply liquefied hydrogen storage tanks to AirFirst

Hylium to supply liquefied hydrogen storage tanks to AirFirst

Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage ta...

Trump-driven energy boom spurs Korean firms to hike US gas investments

Trump-driven energy boom spurs Korean firms to hike US gas investments

WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...

Trump says Korea interested in Alaska gas project; Korean firms skeptical

Trump says Korea interested in Alaska gas project; Korean firms skeptical

South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...

Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion

Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion

Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...

Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn

Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn

Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...

POSCO, Hancock seek to jointly build lithium plant

POSCO, Hancock seek to jointly build lithium plant

POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...

MBK kicks off Lotte Card sale for about $1.4 bn in 2nd bid

MBK kicks off Lotte Card sale for about $1.4 bn in 2nd bid

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

POSCO Int'l starts commissioning of Senex Energy gas facility

POSCO Int'l starts commissioning of Senex Energy gas facility

South Korea's POSCO International Corp. said on Monday it has begun commissioning its first gas processing facility at Senex Energy’s Atlas ...

Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit

Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit

Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...

Hyosung Chemical scraps specialty gas unit sale to IMM, STIC

Hyosung Chemical scraps specialty gas unit sale to IMM, STIC

Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas ...

KEPCO wins Saudi Arabia's two gas power plant projects

KEPCO wins Saudi Arabia's two gas power plant projects

Korea Electric Power Corp. (KEPCO) announced on Thursday that it was selected as the final successful bidder to build and operate two 1.9GW combined...

LS Cable, Denmark's CIP sign LOI for floating offshore wind

LS Cable, Denmark's CIP sign LOI for floating offshore wind

South Korea's LS Cable & System Ltd. said on Wednesday that it signed a letter of intent (LOI) for offshore wind cooperation with Copenhagen Inf...

Hanwha Ocean wins $51.2 mn deal for two LNG carriers

Hanwha Ocean wins $51.2 mn deal for two LNG carriers

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...

DS Dansuk wins $750 mn SAF material order from Phillips 66

DS Dansuk wins $750 mn SAF material order from Phillips 66

South Korea's DS Dansuk Co., which operates bioenergy, battery, and plastic recycling businesses, said on Monday it signed a 1 trillion won ($750 mi...

POSCO International eyes M&A in US natural gas market

POSCO International eyes M&A in US natural gas market

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

Korea’s KCC Glass to invest $525 mn more in Indonesian plant

Korea’s KCC Glass to invest $525 mn more in Indonesian plant

KCC Glass Corp., a major South Korean construction materials manufacturer, is set to invest an additional 700 billion won ($524.8 million) in its In...

Doosan Enerbility defies doubters about homegrown gas turbines

Doosan Enerbility defies doubters about homegrown gas turbines

Doosan Enerbility Co., a leading power plant engineering company in South Korea, has defied doubters about its gas turbines, the first produced at h...

Hanwha unveils carbon-free gas carrier amid tougher rules

Hanwha unveils carbon-free gas carrier amid tougher rules

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has introduced a carbon-free gas carrier to meet the growing demand for eco-friendl...

Hanwha Ocean obtains AIP for liquefied hydrogen carrier

Hanwha Ocean obtains AIP for liquefied hydrogen carrier

South Korea's Hanwha Ocean Co. said on Thursday that it obtained approval in principle (AIP) for an 80,000 cubic meter-class electric-propulsion liq...

SK E&S creates value chain from FPSO, gas field project to carbon capture

SK E&S creates value chain from FPSO, gas field project to carbon capture

SINGAPORE – At Seatrium Admiralty Yard on Jurong Island, southwest of Singapore, some 2,000 workers are busy welding gas pipes and doing other...

S.Korean companies fret over Scope 3 disclosure rule

S.Korean companies fret over Scope 3 disclosure rule

Businesses in South Korea, Asia’s No. 4 economy, are voicing concerns about the government’s plan to mandate companies to disclose their...

SK seeks sale of specialty gas unit for around $3 bn

SK seeks sale of specialty gas unit for around $3 bn

SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared