South Korea Tag

The Korea Fair Trade Commission (KFTC), South Korea's antitrust regulator, will impose a KRW20.2bn (USD16.9m) fine on Mercedes-Benz [DAI:GR] and its local subsidiaries for fabricating gas emission data of diesel passenger vehicles, as reported by Reuters on February 7. To manipulate emission data during certification...

Hyosung Group [004800:KS] announced on January 24 that it has signed a memorandum of understanding with the government of South Jeolla Province on hydrogen and renewable energy projects, as reported by the Korea Economic Daily on the same day. Hyosung is planning to invest KRW1tr...

Korean conglomerate SK Group [034730:KS] will announce its vision to reduce 1% of global carbon emissions at the Consumer Electronics Show 2022 (CES 2022), as reported by the Korea Herald on December 29. According to Andrew Kwon, Vice President and Head of Strategy at SK...

South Korean Petrochemical Company Hanwha Solutions [9830:KS] announced a USD282.3m investment plan to expand the production of caustic soda, as reported by the Korea Herald on December 21. Caustic soda is a chemical material widely used as a purifying agent in manufacturing rechargeable batteries, such...

South Korean electric vehicle (EV) battery maker LG Energy Solution (LGES) set its IPO price at KRW257,000 (USD218.2) to KRW300,000 (USD254.7) per share, aiming to raise KRW10.9tr (USD9.2bn) to KRW12.8tr (USD10.8bn) in January, as reported by the Korea Economic Daily on December 7. On the...

The South Korean government is planning to build two solar photovoltaic power plants in Chile, as reported by the Korea Economic Daily on November 29. South Korean companies including Dohwa Engineering, Hanwha Q CELLS [HQCL:US], and OCI Power will jointly work on the project which...

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