Chu Dong-hun

4 days ago | pulse.mk.co.kr | Chu Dong-hun |Han Yubin

South Korea’s top business groups unveiled a list of 100 key policy recommendations for the country’s next administration on Sunday, placing artificial intelligence (AI) at the forefront of efforts to overcome stagnant growth. The list, which is spearheaded by five major economic organizations, calls for the adoption of the so-called the AI 3+3 Initiative Policy to foster a virtuous cycle linking energy, data, and talent with infrastructure, AI models, and industry-wide reform.

1 week ago | pulse.mk.co.kr | Woo Jae-yoon |Chu Dong-hun |Han Yubin

South Korea’s steel giant POSCO Holdings Inc. and LG Chem Ltd. announced on Wednesday that they will develop carbon capture and utilization (CCU) technologies with the Korea Research Institute of Chemical Technology (KRICT). The consortium aims to participate in a CCU project led by the Ministry of Science and ICT, which supports innovation to reduce carbon emissions by converting captured carbon dioxide into valuable resources.

1 month ago | pulse.mk.co.kr | Chu Dong-hun |Han Jae-beom |Han Yubin

South Korea’s oil refining, petrochemical, and battery companies are expected to face a huge setback in their businesses due to the political aftermath of the presidential impeachment, which has halted industry support policies. According to industry sources, the government’s planned announcements on energy and industrial restructuring have been pushed back following the impeachment and a snap presidential election set for June 3.

1 month ago | pulse.mk.co.kr | Chu Dong-hun |Han Yubin

South Korea’s Kumho Mitsui Chemicals Inc., said on Thursday that it completed the expansion of its production facility for methylene diphenyl diisocyanate (MDI) in Yeosu, increasing capacity by 200,000 tons annually. With the expansion, the company’s MDI production capacity increased to 610,000 tons a year, making it the world’s second-largest single MDI production site.

1 month ago | pulse.mk.co.kr | Chu Dong-hun |Han Yubin

South Korean battery maker Samsung SDI Co. became the first battery manufacturer in South Korea to mass-produce 4695 cylindrical batteries. The initial batch will be delivered to a U.S.-based micro-mobility customer, with no further information about the customer provided. The 4695 batteries contain high-capacity nickel-cobalt-aluminum (NCA) anodes and silicon-carbon nanocomposite (SCN) cathodes.