Keyword: South Korea

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South Korea's Hanjin P&C Wins $258 Million Oil Deal

17.03.2011 - South Korea's Hanjin P&C said on Thursday it had won a $258 million deal to buy fuel oil from Russia via an intermediary and sell it to China's oil chemical company Shandong Sem by...

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South Korean Honam Considering Indonesia Petrochemical Plants

07.03.2011 - South Korea's Honam Petrochemical Corp said it was considering building a petrochemical complex in Indonesia, which market estimates indicate could cost up to 5 trillion won ($4.49...

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South Korea Faces Inflation Threats Due to Rising Energy, Raw Material Prices

01.03.2011 - South Korea, the world's No.5 crude oil importer, is facing some of its most serious inflation threats mainly due to rising global energy and raw material prices, the finance...

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DayStar Materials Joint Venture Formed by Chemtura, UP Chemical

02.02.2011 - Chemtura and UP Chemical announced the formation of DayStar Materials, a joint venture company which will manufacture and sell high-purity metal organic precursors for the rapidly...

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South Korean Petrochemical Companies Plan $5.15 Billion in Investments

06.01.2011 - South Korea's 19 major petrochemical makers plan to invest a total of 5.8 trillion won ($5.15 billion) this year, up 2% from last year, and expect exports to reach a record of $39...

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SK Innovation: SK Energy Spins Off Oil Refining, Lubricants and Chemical Businesses

04.01.2011 - South Korea's top oil refiner SK Energy said on Monday it had spun off its oil refining, lubricants and chemical businesses, and renamed itself SK Innovation. As part of its...

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LG Chem Unit to Build Focus Electric Battery Packs

14.07.2010 - Ford Motor Co has selected LG Chem's U.S. unit Compact Power to supply battery packs for an electric Focus compact car for U.S. production starting in 2011, the automaker said on...

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South Korea to Invest $2 Billion in Carbon Capture by 2019

13.07.2010 - The South Korean government said in a statement on Monday that the country's total public and private investment in carbon capture and sequestration would reach an estimated 2.3...