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Minister of Trade, Industry and Energy Lee Chang-yang, Seoul Mayor Oh Se-hoon and President Kim Ho-bin of Korea Midland Power (KOMIPO) pose at they participated in a ceremony to declare collaboration in energy efficiency innovation at Seoul Lotte Hotel on July 20, in which the power company signed a…
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GS Caltex President Hur Sae-hong and LG Chem Vice Chairman Shin Hak-cheol pose as they attended a ground-breaking ceremony for a verification plant to produce 3-Hydroxypropionic acid (3HP) at GS Caltex’s plant in Yeosu on July 28. (Photos: GS Caltex)GS Caltex has teamed up with LG Chem to build a w…
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S-Oil chalked up its best-ever business performance in the second quarter of this year. The achievement is owed to greater refining margins, influenced by insufficient supply, caused by Russia’s invasion of Ukraine. S-Oil predicts that refining margins will maintain a strong trend on the …
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A whole view of Jeongjo The Great. Hyundai Heavy Industries (HHI) held a ceremony to launch Jeongjo The Great, the lead ship of the KDX-III AEGIS destroyer project for the Navy, which was launched at HHI headquarters in Ulsan on July 28. Hyundai Heavy Industries (HHI) held a ceremony to launch …
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2nd MOTIE Vice Minister Park Il-joon speaks at a debate on a R&D roadmap for treating high-level radwaste at The K-Hotel in Yangjae-dong, Seoul, on July 20. (Photo: MOTIE)The government released an R&D roadmap to secure intermediate storage and deep geological disposal facilities by 2043 and…
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Vice Chairman Jang Se-wook of Dongkuk Steel presents a plague of appreciation to a long-serving female employee at a ceremony to mark the 68th anniversary on July 6. (Photos: Dongkuk Steel)While delivering his commemorative speech at a ceremony to mark the 68th anniversary at Ferrum Tower in Jung-gu…
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Korea Electric Power Corp. (KEPCO) and the Ministry of Trade, Industry and Energy (MOTIE) have decided to raise electricity rates by 5 won per kWh from July. The raise is insufficient to ease snowballing losses KEPCO has sustained, so the government is considering additional electricity rate hi…
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Kim Yoon-suk, head of the Digital Solution Office at Korea Midland Power Co. (KOMIPO), Lee Jung-min, chief of the Industry Growth Headquarters at the Growth Support Center of Korea Meteorological Institute (KMI), and Choi Cheol-ho, PM of 60Hertz pose while attending a ceremony to launch a project to…
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President Huh Se-hong of GS Caltex. GS Caltex plans to build digital platform environment in cooperation with Microsoft to achieve deep transformation in changing of working.GS Caltex said on June 16 the company established foundation for digital platform environment by introducing the Microsof…
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First Vice Minister Jang Young-jin of the Ministry of Trade, Industry and Energy (MOTIE) tours LS ELECTRIC’s first plant in Cheongju to look into digital transformation on July 4. First Vice Minister Jang Young-jin of the Ministry of Trade, Industry and Energy (MOTIE) toured LS ELECTRIC’s fir…
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Kim Nak-jin, Head of Product Planning/Strategy in Mobility & IT Battery Division at LG Energy Solution (left) and Will Graylin, Chairman and CEO of indiGOtech pose after signing an MOU on Oct. 1. (Photo: LG Energy Solution)LG Energy Solution chal…
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LG Chem Senior Vice President Kim Sang-min (L) poses with Stefan Gramse, executive vice president and head of the Exterior Materials Procurement Group at Volkswagen Group, after signing an MOU on the joint development of future mobility materials at …
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Hyundai Motor Group Executive Chair Chung Eui-sun delivers a welcoming speech at a ceremony to dedicate a new smart manufacturing facility in Talegaon, Pune, Maharashtra, India, on Oct. 14. (Photo: Hyundai Motor)Hyundai Motor Group on Oct. 13 announc…
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Samsung Electronics Chairman Lee Jae-yong. (Photo: Samsung Electronics)Samsung Electronics has became the world’s first company to top 100 trillion won in a quarterly operating profit among global tech companies, opened an era for the Korean powerho…
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