Kolon DACC Composite

Aerospace & Defense LIG Nex1, Electroninks to team up for component materials

South Korea's LIG Nex1 Co. said Tuesday it signed a memorandum of understanding (MOU) with the US-based Electroninks Inc. to research and develop ne...

Fashion Korean indie fashion brands spread wings to Japan, China

Matin Kim, a rising designer brand in South Korea, will open its first offline store in Japan in the first half of next year, joining other Korean i...

Automobiles Hyundai Mobis develops leaf spring with advanced materials

South Korea's Hyundai Mobis, the world’s fifth-largest auto parts supplier, said on Monday that it developed a leaf spring using lightweight p...

Fiber & Textile Kolon expands eco-friendly car interior materials biz

South Korea's Kolon Industries Inc., the Kolon Group's chemical materials arm, will absorb its affiliate Kolon Glotech's automotive materials and pa...

Fashion Kolon FnC to launch Italian high-end brand N21 in S.Korea

South Korea's Kolon FnC said on Thursday that it will launch the Italian high-end fashion brand N21 in South Korea.In August, Kolon FnC has secured ...

Energy Kolon Global, Hana Bank to form onshore wind power fund

South Korea's Kolon Global Corp. announced on Tuesday it signed an agreement with Hana Bank, Hana Alternative Asset Management, and MDM Asset Manage...

Petrochemicals Hyosung, Kolon’s tire cord plants running near 100% on insatiable demand

The business outlook is bright for Hyosung Advanced Materials Corp. and Kolon Industries Inc., the world’s top two tire cord producers based i...

Chemical Industry Kolon to invest $94 mn in industry film JV with SK Microworks

South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...

Fiber & Textile Kolon launches composite materials firm Kolon Spaceworks

South Korea's Kolon Group announced on Monday it launched a new advanced composite materials company Kolon Spaceworks.Kolon Spaceworks is being es...

Energy Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

Rights offerings Kolon to invest additional $9 million in ride-hailing Papa Mobility

South Korea’s Kolon Group plans to invest an additional 12.4 billion won ($9.1 million) in Papa Mobility Co., bringing its total investment in...

Artificial intelligence Lotte Innovate, Kolon Benit to cooperate on AI Solutions

South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon...

Chemical Industry Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics Inc. announced on Thursday that it will change its name to Kolon ENP. The rebranding will be confirmed if approved at the regular sha...

Chemical Industry Kolon Industries, SK Microworks to set up industrial film JV

South Korea’s major chemical materials producer Kolon Industries Inc. will team up with SK Microworks Co. to regain ground in the Chinese film...

Fiber & Textile Kolon Industries upgrades aramid smart factory system

Kolon Industries Inc. has upgraded its smart factory system to ensure its doubled production capacity of super fiber aromatic polyamide fibers (aram...

Bio & Pharma CGBio gets FDA approval for Novosis Putty

South Korea's bio-regenerative medical firm CGBio announced on Tuesday that its Novosis Putty has been designated as a breakthrough device by the US...

Fiber & Textile Kolon Industries doubles aramid production facility

South Korea's industrial materials maker Kolon Industries Inc. doubled its aromatic polyamide fibers (aramid) production capacity after completing...

Corporate restructuring Kolon Industries to downsize industrial film business amid weak demand

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...

Business & Politics Kolon set to host Aramco Team Series golf event in Korea

South Korea’s Kolon Group said on Thursday it has signed a non-binding agreement with Golf Saudi, a unit of Saudi Golf Federation, to jointly ...

Hydrogen economy POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023

Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...

Steel Hyundai Steel develops industrial neutron analyzer jointly with startup

Hyundai Steel Co., South Korea's second-largest steelmaker, announced on Thursday that it has successfully collaborated with the in-house startup 3I...

Construction Kolon Global wins $226 mn contract for Mongolian public housing project

South Korea's Kolon Global Corp. announced on Friday that it has won a public housing construction project in Mongolia worth 295.7 billion won ($226...

Bio & Pharma Kolon Pharma, Dongbang Medical to export medical threads to Brazil

Kolon Pharma, the pharmaceutical affiliate of South Korea's Kolon Group, announced on Thursday that it has signed a business agreement with Dongbang...

Aerospace & Defense Kolon Industries to develop new materials for space exploration

Kolon Industries Inc., a South Korean chemical and textile manufacturer, announced on Wednesday it has signed a memorandum of understanding (MOU) wi...

Chemical Industry Kolon Industries to develop biodegradable plastics

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is embarking on the development of biodegradable plastics using food wast...

Petrochemicals Kolon Industries to expand high-value specialty petroleum products plant

Kolon Industries Inc., a leading industrial materials maker in South Korea, announced on Monday that it will invest 24 billion won ($17.94 million) ...

Bio & Pharma InBody to release big data-based health management solutions

South Korea's InBody Co., the global leader in analytic devices for body composition, is entering the health management solution field in 2023.Usi...

Chemical Industry Kolon Industries to increase aramid pulp production for EVs

Kolon Industries Inc., a leading industrial materials maker in South Korea, said on Wednesday it will inject 22 billion won ($16.6 million) to expan...

Batteries Kolon Industries to move into secondary battery recycling market

Kolon Industries Inc., a South Korean chemical and textile manufacturing company, is entering the secondary battery recycling market. The company an...

Retail WRC-approved longest-distance golf ball ATTOMAX on sale in Korea

ATTOMAX golf balls approved by the World Record Committee (WRC) as the longest-flying golf balls in the world finally hit the South Korean market on...