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Samsung Biologics to build fifth plant in Songdo

Samsung Biologics will invest 1.98 trillion won ($1.51 billion) to build its fifth plant in Songdo, Incheon, further expanding its production capacity in contract manufacturing of biopharmaceutical products.

2023-03-17

Doosan Enerbility contracts for power plant in Kazakhstan

Doosan Enerbility won a deal to build a combined cycle power plant in Kazakhstan. It signed a contract with Turkistan LLP, a subsidiary of Kazakhstan's Samruk-Kazyna sovereign wealth fund, to construct a combined cycle power plant in Shymkent...

2023-03-15

Final flames

Firefighters extinguish the remaining flames on the third day of a fire that broke out at Hankook Tire's Factory 2 in Daejeon on Sunday night. Hankook Tire halted all tire production from its Daejeon plant on Monday after some 210,000 tires were...

2023-03-14

Hankook Tire halts production at Daejeon plant after fire breaks out

Hankook Tire halted all tire production at its Daejeon plant after a fire broke out at the factory on Sunday night and burned about 210,000 tires. The date to resume production is to be announced.

2023-03-13

New vegan brand hits Korean market, offers tuna, dumplings

A new vegan food brand called My Plant has hit the market, releasing products including vegan tuna and vegan dumplings, Dongwon F&B announced Tuesday.

2023-03-09

Yoon Suk Yeol visits Korean-made Barakah reactors in the UAE

Korean President Yoon Suk Yeol visited the Barakah nuclear power plant on Monday during a state visit to the United Arab Emirates (UAE).

2023-01-16

Korea's energy minister pitches for Romanian nuclear business

Minister of Trade, Industry and Energy Lee Chang-yang met with the Romanian Minister of Economy Florin Marian Spataru and Romanian Minister of Energy Virgil-Daniel Popescu at the Lotte Hotel in Seoul on Friday.

2022-12-23

Samsung Heavy Industries wins $1.5 billion deal for offshore plant

Samsung Heavy Industries (SHI) has bagged a 1.96-trillion-won ($1.5 billion) order to build an offshore plant for an Asian shipper.

2022-12-22

LG Chem, GS EPS to invest 320 billion won to build biomass plant in Yeosu

LG Chem and GS EPS will jointly invest 320 billion won ($247.3 million) to build a biomass plant at its Yeosu plant in South Jeolla.

2022-12-20

One killed, three injured at plant fire in South Chungcheong

One person was killed and three were seriously injured in a fire at a ferroalloy plant in Dangjin, South Chungcheong, on Wednesday night, authorities said Thursday.

2022-12-08

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