Latest news
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Petronas joins hands with S. Korean companies to push for cross-border CCS project
SEOUL -- Petronas, a Malaysian state oil and gas company, joined hands with six South Korean companies to push for a cross-border project that will store captured carbon dioxide near an oil block off the northwest coast of Borneo. Malaysia was seen as the best location considering its carbon storage capacity and geographical accessibility. The Shepherd CCS project is aimed at securing stable overseas carbon storage space, SK energy, an oil refining company in South Korea, said, addi
August 3, 2022 -
SK nexilis acquires technology to produce ultra-high strength copper foil
SEOUL -- SK nexilis, a subsidiary of SKC, a chemical material unit of South Korea's SK Group, has acquired technology to produce an ultra-high strength copper foil product for electric vehicle batteries. The new product can withstand more than twice the pulling force compared to existing standard products. Battery foils made of aluminum and copper are used as anodes and cathodes for secondary batteries. Foils work as the bridge between external components and internal lithium-
August 2, 2022 -
Hyundai Motor's fuel cell truck secures new clients in Germany
SEOUL -- A fuel cell truck developed by South Korea's Hyundai auto group is gaining popularity in overseas markets by securing new customers in Germany following the first shipment of its modified Xcient model to Switzerland two years ago. The group aims to secure more clients in other European countries. Hyundai has modified its Xcient truck to produce a fuel cell model capable of delivering a travel range of about 400 kilometers (248 miles) on a single charge. The group starte
August 2, 2022 -
POSCO pushes for low-carbon HBI production with Brazilian partner Vale
SEOUL -- South Korea's steel group, POSCO, will push for the production of low-carbon hot briquetted irons in cooperation with its long-term partner, Vale S.A., a major iron ore miner in Brazil. By the end of 2022, they would complete basic reviews such as location, size, production method, and economic viability. The hot briquetted iron (HBI) is a compacted form of direct reduced iron produced from the direct reduction of iron ore into metallic iron by a reducing gas or eleme
August 2, 2022 -
POSCO E&C uses waste plastic and steel slag to develop recyclable, efficient mold
SEOUL -- POSCO Engineering & Construction, a construction arm of South Korea's top steelmaker POSCO, has developed a recyclable eco-friendly concrete mold using waste plastic and steel slag. It is thinner, lighter and more durable, and more efficient than conventional wood plywood molds. POSCO E&C said it has worked with Iomtek, an in-house venture that manufactures products with better quality and higher environmental value beyond recycling wasted resources. Iomtek cre
August 2, 2022 -
CJ Cheil Jedang expands amino acid production facilities in Brazil
SEOUL -- CJ Cheil Jedang will expand its amino acid production facility in Brazil. Amino acids are used for a variety of applications mainly as additives to animal feed. The food industry is also a major consumer of amino acids -- glutamic acid used as a flavor enhancer and aspartame as a low-calorie artificial sweetener. CJ Cheil Jedang's plant in Piracicaba in Southeastern Brazil produces lysine, an essential amino acid for animals' rapid growth. The plant also produces tr
August 2, 2022 -
AI 'poet' SIA ready for debut with first collection of poems
SEOUL -- SIA, an AI model that writes poetry, will make its debut in South Korea's literary world by releasing the first collection of 53 Korean-language poems through offline bookstores in what was described by trainers and engineers as a "dangerous" attempt to see how people would think and whether they can accept it as art or recognize AI as an artist. SIA will publish its first collection of poems, "The Reason for Writing Poems," on August 8, in a joint
August 2, 2022 -
Samsung Biologics completes first commercial-scale engineering run for mRNA COVID-19 vaccine
SEOUL -- Samsung Biologics, a leading bio company affiliated with South Korea's largest Samsung Group, has completed the first commercial-scale engineering run for the substance production of mRNA COVID-19 vaccines in partnership with technology transfer from its American partner, GreenLight Biosciences. GreenLight, a biotechnology company dedicated to making ribonucleic acid (RNA) products, forged a strategic partnership with Samsung Biologics in late 2021 on a contract manufac
August 2, 2022 -
Popularity of S. Korean fire noodles never fades with accumulated sales of over 4 billion packs
SEOUL -- The popularity of "Hot Chicken Flavor Ramen," one of South Korea's extremely spicy instant noodle brands, also known as fire noodle, is not fading almost ten years after overseas shipments began in 2012. Rather, it is steadily expanding global sales year after year. More than four billion packs of "Hot Chicken Flavor Ramen" created by Samyang Foods, a food company in South Korea, have been sold as of 2022 since the instant noodle known for its unfo
August 1, 2022 -
WeMade attracts U.S. crypto startup Blockdaemon as technology cooperation partner
SEOUL -- WeMade, an online game developer in South Korea, has attracted Blockdaemon, a U.S. blockchain deployment facilitator, as a technology cooperation partner to strengthen its WeMix 3.0 ecosystem. A test net was launched on July 1 to create a secure mainnet fused with a stablecoin protocol to develop an ecosystem with partners. Blockdaemon manages nodes and payment rails for blockchain networks. Under a memorandum of understanding with WeMade, the American crypto startup wil
August 1, 2022
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PHOTOS: Korean activists rally for LGBTQ rights on key commemoration day
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Imported electric vehicle registrations surge 150% this year
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Protecting wetlands crucial for migratory birds: New Zealand envoy
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Seafood meal kits gain limelight at industry fair as Korean food makers target ready-to-eat market
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PHOTOS: Seoul Int'l Garden Show underway at Han River park
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Korean Air Force embraces memes, defying military stereotypes
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Korean spicy sauces gain global popularity
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Culture minister advocates for Hangeul signboard at Seoul's iconic gate of royal palace
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HYBE chairman ranks sixth among Korean business leaders in stock assets
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More people fall victim to dating violence in Korea