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Toray Advanced Materials is poised to mass produce carbon fiber at its first plant in Gyeongsangbuk-do starting next January. The company plans to launch a project to build its second carbon fiber plant this month.“We’ll cut the production cost of carbon fiber to half the current cost, and if we h…
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Chairman Chung Joon-yang of POSCO was elected vice chairman of the World Steel Association at the association’s annual conference in New Delhi, India, from Oct.8-12, POSCO said recently.The POSCO chairman will serve as vice chairman for three years from Oct. 2012 to Oct. 2015 and a member of the ch…
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Korea National Oil Corp. has focused on the exploration of non-traditional energy resources that can be extricated from large boulders and sands such as shale oil, shale gas, and super heavy oil to replace traditional fossil fuels, the state-run oil company said recently.The cost for the exploration…
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Korea National Oil Corp. has focused on the exploration of non-traditional energy resources that can be extricated from large boulders and sands such as shale oil, shale gas, and super heavy oil to replace traditional fossil fuels, the state-run oil company said recently.The cost for the exploration…
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Korea Electrical Safety Corp. (KESCO) recently began to use its “non-suspension” power meter checking system to reduce economic losses from power suspension when checking power meters.Such major industries as petrochemical, steel, and semiconductor could incur huge losses if power is switched off …
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The nation has entered another round of its electricity conservation drive during the period between September and November. The public energy conservation campaign has paid off, tiding over a power shortage crisis during the summer season, but the nation is still on an emergency footing against a p…
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GS Caltex will supply all kinds of oil to government agencies including local autonomous governments in an effort to cut the government’ s oil bills.The government announced on Aug. 29 its public sector oil supply procurement promotion results decided at the meeting of officials in charge of price …
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Korea District Heating Corp. (KDHC) is firing on all cylinders to implement low-carbon, green growth projects during the second half of this year, KDHC officials said.KDHC is striving to pursue sustainable low-carbon, green growth by spreading district heating and cooling services, and developing ne…
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Korea District Heating Corp. (KDHC) is firing on all cylinders to implement low-carbon, green growth projects during the second half of this year, KDHC officials said.KDHC is striving to pursue sustainable low-carbon, green growth by spreading district heating and cooling services, and developing ne…
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The Korea Electrical Safety Corp. (KESCO) held a prize ceremony to present the 2012 Korea Electricity Safety Award at the Convention Diamant in Samseong-dong, Seoul, on Sept. 7.Among those on hand at the 2012 Electricity Safety Day anniversary ceremony were Lee Kwan-sup, assistant minister of energy…
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A bird’s eye-view of a project to build the planned National AI Computing Center in Haenam, Jeollanam-do. Samsung SDS was the sole bidder of the project. (Photo: Solaseado)Announcing the outcomes of a third bidding on the National AI Computing Cente…
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A staff member with KGC explains about standardized ingredients of the brand G1899 at the Supply Side Global 2025 that took place in Las Vegas, the United States, from Oct. 29 to Oct. 30. (Photos: KGC)Korea Ginseng Corp. (KGC) has entered the global …
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Chairman Shin Dong-bin of Lotte Group. (Photos: Lotte Group)Chmn. Shin Dong-bin of Lotte Business Group carried out a sweeping reshuffle, forcing all vice chairmen to resign from their positions. Twenty CEOs, almost one-third of the CEOs of the …
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A view of HBM3E stacked with 12 layers, mass produced by Samsung Electronics. Samsung has achieved mass production of HBM3E stacked with 12 layers, delivering a statement victory in the memory industry. As the fifth generation HBM, the comp…
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