Water

Mergers & Acquisitions LG Chem to sell water filter business to Glenwood PE for $692 million

South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...

Food & Beverage HiteJinro sees annual soju exports to Cambodia grow 31%

HiteJinro Co., South Korea’s leading soju maker, resumed its Jinro EDM Festival at Cambodia’s Bon Om Tuk water festival after a four-y...

Logistics Hyundai Glovis introduces EV drill lance on car carriers

South Korea's Hyundai Glovis Co. said on Thursday that it will introduce a special fire suppression tool, the EV (Electric Vehicle) - Drill Lance, f...

Travel & Leisure Lotte Hotels & Resorts to upcycle used PET bottles

South Korea's Lotte Hotels & Resorts said on Friday that it will collaborate with Lotte Chilsung Beverage and Lotte Chemical Corp. to establish ...

Chemical Industry Samhwa Paint launches anti-rust product Knok-Stop

South Korea's Samhwa Paint Industrial said on Wednesday that it has introduced a new water-based primer, Knok-Stop, designed to convert rust on meta...

Mergers & Acquisitions GS E&C in talks to sell entire stake in GS Elevator to Chinese firm

South Korea’s GS Engineering & Construction Corp. (GS E&C) is in talks to sell its entire stake in GS Elevator Co. to a Chinese strate...

Shipping & Shipbuilding Hanwha Ocean launches large offshore WTIV

South Korea's Hanwha Ocean Co. announced on Monday that it launched a large wind turbine installation vessel (WTIV), which it secured an order for f...

Foreign exchange Navigating choppy waters: Dollar-won FX forecasting  

Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regai...

Future mobility Hyundai, Toray to team up to develop mobility materials

Hyundai Motor Group said on Thursday it has signed a strategic partnership agreement with Japan's Toray Industries Inc. to jointly develop carbon fi...

Batteries POSCO Holdings, KNOC to jointly secure lithium in Canada

POSCO N.EX.T Hub, the venture platform of POSCO Holdings Inc., announced on Thursday that it signed a memorandum of understanding (MOU) with the K...

Food & Beverage Korea’s Orion to ship bottled water to China to challenge Evian

Orion Holdings Corp., the holding company of South Korea’s confectionary and snack maker Orion Corp., is set to export bottled water to China,...

Construction Ssangyong E&C wins deals for two Dubai luxury residences

Ssangyong Engineering & Construction Co. announced on Monday that it secured two luxury residence construction projects in Dubai, United Arab Em...

Electronics Samsung gets AWS platinum certification for water stewardship

Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...

Energy CSCEC, SK Ecoplant in $1.9 bn Egypt renewable energy deal

China State Construction Engineering Corp. (CSCEC), the world’s largest builder, and South Korea’s SK Ecoplant Co. are set to team up on...

Korean SMEs S.Korean boiler firms expand exports

Despite a global economic slowdown, South Korea's overseas exports of boilers and water heaters increased 4.9% year over year by $478.3 million in 2...

Electronics LG Electronics to upgrade your bathroom with high-tech appliances

LG Electronics Inc., the leading global home appliance maker, on Friday said it is set to showcase new products for bathrooms for the first time, ma...

Electronics Samsung unveils Galaxy Tab Active5 enterprise version

Samsung Electronics Co. announced on Friday that its enterprise version of the tablet Galaxy Tab Active5 started to sell on business-to-business (...

Shipping & Shipbuilding Hanwha Ocean develops draft measuring with drones

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...

Electronics LG Elec named best top-load washer in US

LG Electronics Inc. 's washing machines have been selected as the Best High-Efficiency Top-Load Washers by Consumer Reports in the US, according t...

Chemical Industry Samyang launches industrial water treatment products

South Korean chemical and food company Samyang Corp. announced on Monday that it released new industrial water treatment materials Triraite Reverse ...

Korean SMEs Kyung Dong Navien enters into US boiler market

South Korea's heating systems manufacturer Kyung Dong Navien Co. announced on Thursday it shipped its first "Condensing Hydro Furnace" to the US mar...

Hydrogen economy SK E&S, K-water to jointly develop homegrown green hydrogen facilities

South Korea's SK E&S announced on Tuesday it signed a memorandum of understanding (MOU) with Plug Power, K-water, and SK Plug Hyverse to expand ...

ASK 2023 Digital infrastructure as essential as water today: asset managers

Digital assets are important components of change in the infrastructure investment landscape today and are as essential as water and electricity, ex...

Chemical Industry Taekyung Group to recycle brine water in Saudi Arabia

South Korea's Taekyung Group on Monday said it formed a strategic partnership with Saudi Arabia's government-run Saline Water Conversion Corp. (SWCC...

Electronics Samsung releases SD card brand highly resistant to water, drops

Samsung Electronics Co. on Tuesday said its new Pro Ultimate line of secure data (SD) cards features enhanced speed and stability.The brand’...

Chemical Industry Korean LG Chem to spend $95 mn to double water treatment biz

South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water treatment material out...

Retail S.Korea’s convenience stores sell bottled water without plastic labels

Convenience stores in South Korea now sell bottled water without plastic labels. The Korea Chamber of Commerce and Industry (KCCI) and Jeju Pro...

Construction GS E&C faces heavy loss in Q2 due to apartment reconstruction plan

GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...

Advertising & Marketing Nongshim’s Baeksansu, Disney to collaborate character products

South Korea's instant noodle giant Nongshim Co. announced on Friday that it will release a collaborative product featuring Disney character images o...

Korean chipmakers Samsung to invest $230 bn in Korea on speedy govt support

Samsung Electronics Co., the world’s top memory chipmaker, is set to spend 300 trillion won ($230.4 billion) to build semiconductor manufactur...