Latest news
-
SK ecoplant ties up with China's CNGR to tap Europe's waste battery recycling market
SEOUL -- SK ecoplant, an environmental and energy solution provider affiliated with South Korea's SK Group, tied up with CNGR Advanced Material, a Chinese producer of lithium battery cathode material precursors, to tap Europe's waste battery recycling market. Under a collaboration agreement, SK ecoplant and CNGR would join forces to recycle waste batteries and revitalize the supply of raw battery materials such as nickel and cobalt, establish a European base, and seek new
September 29, 2022 -
Cummins partners with KHNP to cooperate in green hydrogen production and utilization
SEOUL -- Cummins, a U.S. producer of engines and power generation products, established a strategic partnership with the operator of nuclear power plants in South Korea, to cooperate in the field of green hydrogen production and utilization. They will demonstrate and commercialize water electrolysis facilities that use electricity to decompose water into oxygen and hydrogen gas. Under a memorandum of understanding, Cummins and Korea Hydro & Nuclear Power (KHNP) will produce gre
September 29, 2022 -
S. Korea's coastguard considers adopting non-lethal handgun with high accuracy in windy waters
SEOUL -- To efficiently overpower smugglers and illegal Chinese fishermen without using excessive force, South Korea's coastguard is considering the adoption of a "smart" revolver capable of firing non-lethal bullets which are less affected by strong winds. It is more effective than tasers or gas guns, which are difficult to use at sea. The non-lethal handgun brand-named "STRV-9" was developed by SNT Motiv, a leading firearms manufacturer in South Korea. STRV
September 29, 2022 -
Blockchain mainnet XPLA forges partnership with Swiss blockchain gaming company Xterio
SEOUL -- XPLA, a blockchain mainnet built by South Korea's game development and publishing company Com2uS and partners, has forged a strategic partnership with Xterio, a blockchain gaming company based in Switzerland, to expand its Web 3.0 ecosystem. The partnership came after Xterio raised $40 million in a funding round led by investors including XPLA. Xterio, a cross-platform publisher and developer of high-quality mobile and web3 games, will release new Web3 games t
September 29, 2022 -
Researchers recommend recycling of waste fishing nets into hybrid fiber-reinforced cementitious composites
SEOUL -- As a solution to reduce marine pollution, South Korean researchers recommend the recycling of waste fishing nets and ropes collected from coastal waters and fish farms into hybrid fiber-reinforced cementitious composites that can be applied to marine and port concrete structures. About 50 percent of ocean waste in South Korea comes from fishing nets and plastic buoys. "Ghost nets," which are abandoned or lost fishnets made of nylon, damage fish stock and destro
September 29, 2022 -
Lotte Chemical produces polycarbonate using pyrolysis oil-based naphtha
SEOUL -- Lotte Chemical, a major chemical company based in South Korea, has produced polycarbonate, a high-value-added petrochemical product, by using pyrolysis oil-based naphtha made by recycling waste plastic. Polycarbonates are strong, tough materials with many applications. They are easily worked, molded, and thermoformed. Pyrolysis is a chemical recycling process that can convert plastics into high-quality oil using extreme heat and pressure. Recycled oil is processed into me
September 28, 2022 -
KT ties up with U.S. entertainment company AMC for joint content production
SEOUL -- South Korea's top telecom company KT teamed up with AMC Networks, a U.S. cable channel known for its global hit drama "Walking Dead," to push for joint content production and exclusively provide a subscription video service through internet protocol TV. In the first step of cooperation, six AMC dramas including the latest version of "Walking Dead" and "Interview with the Vampire," a horror fiction series, will be serviced on KT's IPTV.
September 28, 2022 -
Youl Chon clinches $1.04 billion windfall contract to supply key material to LGES-GM joint venture
SEOUL -- Youl Chon, a medium-sized company in South Korea, has clinched a six-year windfall contract worth $1.04 billion to supply a key material for lithium-ion batteries to a joint venture between General Motors and its Korean partner, LG Energy Solution. It marked the first case of aluminum pouch film mass production in South Korea. Pouch film production has been dominated by Japanese companies. Youl Chon said in a regulatory filing on September 28 that it would ship aluminum pou
September 28, 2022 -
POSCO works with domestic hydrogen producer to push for CCU-based blue hydrogen business
SEOUL -- South Korea's steel group, POSCO, joined hands with Approtium, a domestic hydrogen producer, to jointly push for a blue hydrogen business based on carbon capture utilization and produce 40,000 tons of hydrogen annually. They will promote joint research on the overseas production of blue ammonia for use in South Korea. Blue hydrogen is produced by applying carbon capture and storage to reduce CO2 emissions. The steel group has tried to develop technologies for extracti
September 28, 2022 -
SK Telecom uses AI to create optimized virtual power plants
SEOUL -- Under a business agreement for technology development with domestic partners, SK Telecom, a leading mobile carrier in South Korea, will use artificial intelligence and new technologies to predict the amount of renewable energy generation and power demand scattered in each region and create optimized virtual power plants. A virtual power plant (VPP) harnesses scattered renewable energy power generation to a network for maximum efficiency using new technologies such as artifi
September 28, 2022
-
Korea Western Power secures electricity supply deal in UAE
-
Seoul unveils new slogan for iconic landmark 'Dongdaemun Design Plaza'
-
VIDEO: Dongdaemun Design Plaza celebrates 10th anniversary
-
Korean e-commerce firms vying to lure customers quitting Coupang over fee hike
-
N. Korean leader inspects test-firing of new multiple rocket launcher shell
-
Korean football team fails to qualify for Olympics for first time in 40 years
-
Seoul aims to revitalize Han River into leisure, tourism hub
-
Education startup Mathpresso makes TIME's top edutech company list
-
Vietnamese schools adopt AI-based Korean learning platform
-
VISUALS: Premier electric vehicle fair underway in Seoul