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The Korea Herald

Industrials

September 27, 2024
Young Poong says no better offer for Korea Zinc

Amid the intensified dispute over the management of Korea Zinc, the world’s largest zinc smelter, a Young Poong executive stressed Friday that the company was placed in a “desperate” position as its decadeslong partnership with Korea Zinc fell through. “Young Poong was desperate enough to give...
September 27, 2024
LG Energy Solution wins battery quality award in China, beating CATL, BYD

LG Energy Solution has been recognized in China for delivering the most high-quality electric vehicle batteries by the 2024 China Automotive Quality Research Awards, surpassing local manufacturers CATL and BYD in this category. The award ceremony, held in Beijing on Tuesday, was organized by Chine...
September 27, 2024
Posco Future M, GM push back timeline for Canadian battery materials plant

Posco Future M and General Motors have pushed back the completion of their cathode material plant in Canada, which is part of their joint venture, Ultium CAM. Originally scheduled to be finished by the end of this month, the plant’s completion has now been delayed to a yet-to-be-determined date. ...
September 27, 2024
Posco’s volunteer program fosters spirit of sharing

South Korean steel giant Posco Group said Friday that it hosted two work camps for university students in North Gyeongsang Province and South Jeolla Province from July to August. The company annually recruits university students for its volunteer group, called Beyond. This year, 50 students from 4...
September 26, 2024
HanmiGlobal ranks 8th in global CM/PM sales

South Korean construction management firm HanmiGlobal said Thursday that it has been ranked 8th in Engineering New Record’s top construction management and project management firms of the year. This year marks the fourth consecutive year the firm has secured a spot in the top 10. The annual ranki...
September 26, 2024
Posco International joins global efforts for biodiversity

Posco International, the trading and energy arm of Posco Group, said Thursday that it has signed a memorandum of understanding with the East Asian-Australasian Flyway Partnership to join forces for biodiversity. Under the agreement signed Wednesday at the Songdo Posco Tower in Incheon, Posco will ...
September 26, 2024
Incheon Airport tops ACI ratings for 3rd year in row

ATLANTA -- Incheon International Airport Corporation has reaffirmed its status as a global leader in airport services by maintaining its top ranking in the Airports Council International's service evaluation for three consecutive years. At the sixth Customer Experience Global Summit held in Atlant...
September 25, 2024
Citibank supports Habitat for Humanity in addressing homelessness

The Citi Foundation, affiliated with Citibank Korea, announced Wednesday it has chosen Habitat for Humanity Korea as a recipient of the 2024 Global Innovation Challenge, which supports solutions that combat homelessness. Habitat for Humanity Korea, one of the recipient 50 community organizations w...
September 25, 2024
K-water unveils digital innovations at Beijing forum

Korea Water Resources Corporation, or K-water showcased Wednesday its cutting-edge "super gap" technologies and a range of innovations to tackle water-related risks at the 3rd Asia International Water Week in Beijing, marking a significant step toward securing leadership in the global water technol...
September 25, 2024
LG Energy Solution launches B.around

South Korea’s top battery-maker LG Energy Solution has unveiled a new brand for its battery management total solutions, dubbed B.around. The brand name aligns with the company’s corporate slogan, “Be around your side,” signifying its continuous commitment to partners and customers. The company...
September 25, 2024
Hyundai Glovis, China’s BYD join forces on logistics

Hyundai Glovis, Hyundai Motor Group’s logistics and distribution subsidiary, said Wednesday it had partnered up with China’s BYD, the world’s biggest electric vehicle maker, on automotive transport across the ocean. Kim Tae-woo, managing director of the shipping division at Hyundai Glovis, and ...
September 24, 2024
[Herald Interview] Han River set to transform into lifestyle platform

Public expectations are mixed, as a water taxi service on the Han River struggled to attract passengers back in 2007 due to accessibility issues. However, Joo remains confident about the future of water transport on the Han River. “Historically, the Han River has been a secondary mode of transpor...
September 24, 2024
SPC eyes foray into Eastern Europe

South Korean bakery giant SPC Group said Tuesday it hosted a conference in Prague last week to explore strategies for expanding its global business in Europe. SPC Group held the Paris Baguette Europe Conference in the Czech capital on Thursday and Friday. Chairman Hur Jin-soo and Jack F. Moran, he...
September 24, 2024
Korea Zinc’s tit-for-tat dispute with MBK escalates

The vice chairman of Korea Zinc on Tuesday strongly condemned a takeover attempt by its major shareholder Young Poong, which teamed up with private equity firm MBK Partners for the bid, calling it a “predatory action” that would lead to the outflow of homegrown technology and put the country’s i...
September 24, 2024
KITA chief discusses EU’s regulatory impact in Brussels

Korea International Trade Association Chairman and CEO Yoon Jin-sik visited Brussels this week to convey South Korean companies' concerns regarding upcoming EU environmental regulations to key European Commission and European Parliament representatives. During his visit Monday through Tuesday, Yoo...

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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