Chu Dong-hun

2 weeks 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.

3 weeks 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.

3 weeks 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.

3 weeks ago | pulse.mk.co.kr | Chu Dong-hun |Han Yubin

Differentiated technology is a tool that helps South Korea’s LG Chem Ltd. overcome uncertainty, according to its Vice Chairman Shin Hak-cheol. “When considering R&D achievements and intellectual property, we rank ahead of global innovation companies such as U.S.’s Dow (Chemical), Japan’s Shin-Etsu (Chemical), and Germany’s BASF,” Shin said, during a recent interview with Maeil Business Newspaper.

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

South Korea’s SK Group will celebrate its 72nd anniversary at Seonhyewon in Jongno District, central Seoul, on April 8, for the first time in 6 years. Seonhyewon, previously used as SK Group’s training center, is considered a memorable location for its founding family. Originally purchased as a private residence in 1968 by Chey Jong-kun, the group‘s first chairman, Seonhyewon holds personal significance for Chairman Chey Tae-won, as he spent his childhood in the place.