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Industry/Energy
CEO Othman Al-Ghamdi of S-Oil. (Photo: S-Oil)S-Oil Corp. is carrying out a feasibility study for the proposed construction of a 1.5 million-tonne/year mixed-feed cracker and downstream olefins project as part of its Phase 2 investment plan to expand its petrochemical business portfolio at its integr…
Samsung SDS President Hong Won-pyo speaks at the Samsung SDS Intelligent Factory Media Day at Samsung SDS campus in Jamsil, Seoul, on Aug. 28. (Photo: Samsung SDS)Samsung SDS is accelerating efforts to strengthen its Intelligent Factory business with its AI-based Nexplant platform. Samsung SDS held …
“2018 한국중부발전과 함께하는 우리 함께 가자” 개막 컷팅식 (왼쪽 여덟 번째 한국중부발전 장성익 기획본부장, 오른쪽 여섯 번째 한국중부발전 김호빈 기술본부장)이번 행사에 참가한 작가가 중부발전 본사 외부에 설치된 조형예술물에 대하여 설명하고 있다.한국중부발전(주)(사장 박형구)는 9월 4일(화) 충남 보령 본…
KEPCO President Kim Jong-kapKEPCO President Kim Jong-kap meets with Al-Sultan, president of the King Abudullah City for Atomic and Renewable Energy in Riyadh, Saudi Arabia, on Aug. 1. (Photos: KEPCO)Korea Electric Power Corp. (KEPCO) is making all-out efforts to land a project to build two 1400MW-cl…
KOGAS President Cheong Seung-il announces the long-term management plan, dubbed “KOGAS 2025” in celebration of the 35th anniversary of the establishment of the corporation on Aug. 17.KOGAS President Cheong Seung-il (Photos: KOGAS)Korea Gas Corp. (KOGAS) decided to appropriate 10 trillion won by 20…
LG Chem Vice Chairman Park Jin-soo.LG Chem has become the first Korean chemical company to join the list of the top 10 global chemical companies. The watershed feat was owed to LG Chem Vice Chairman Park Jin-soo’s “guts management,” which was designed to make continuous and dramatic investments t…
KEPCO KPS President Kim Bum-nyun.Employees with KEPCO KPS are engaged in preventive maintenance efforts to ensure a stable supply of electricity. (Photos: KEPCO KPS)KEPCO KPS is entering “emergency mode” and reinforcing maintenance activities to ensure a stable supply of electricity as the record …
Vice Chairman Park Jin-soo of LG Chem. (Photo: LG Chem)LG Chem said its second quarter sales this year surpassed 7 trillion won. It’s the first time in its history that the company broke the 7 trillion won barrier in quarterly sales, with consolidated sales figures coming to 7.051 trillion won, up …
A slew of dignitaries is lined up for a photo session after signing an investment agreement between GS Caltex and the South Jeolla Province on the construction of an olefin plant in Yeosu, Jeolla Province on Aug. 9. Gov. Kim Yong-rok of South Jeolla Province is seen on 3rd from L, and Mayor Kwon Oh-…
Korea Electric Power Corp.’s (KEPCO) posting operating losses in the third straight quarter is raising the possibility that electricity charges could be on their way up. KEPCO has been experiencing difficulties stemming from rising fuel costs caused by international crude oil price hikes, and a plu…
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Economy/Finance
President Kim Do-jin of the Industrial Bank of Korea(IBK). (Photo: IBK)The Industrial Bank of Korea (IBK) logged the largest first half net profit since 2011 at 937.2 billion won, up 17.2 percent year-on-year, the bank announced on July 26. The net p…
President Sohn Tae-seung of Woori Bank. (Photo: Woori Bank)Woori Bank is on track to accomplish the seven management tasks laid out by Chairman Sohn Tae-seung when he took over the helm of the bank last December.The tasks included securing a foundati…
Chairman Kim Kwang-soo of NH Financial Group. (Photo: NHFG) NH Financial Group has been pushing globalization and digitalization as the two main points of its management strategy this year, with a special emphasis on globalization as the initial year…
Chairman Eun Song-soo of the Import and Export Bank of Korea(Korea Eximbank),left, beams after signing an EDCF loan agreement with Chairman Tarek Gamal El-Din Galal of the Egyptian Authority for Tunnels on Aug. 28 at Korea Eximbank’s Seoul head offi…


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