Hanwha Total now has S.Korea’s largest polypropylene production capacity
May 07, 2021 22:22 pm UTC| Economy
Hanwha Total Petrochemical Co is now the largest polypropylene (PP) producer in South Korea with a capacity of 1,120 tons after completing the extension of its PP and ethylene manufacturing facilities in Daesan. The...
Sejong University unveils S. Korea's first cultured meat prototype
May 07, 2021 21:50 pm UTC| Economy
A research team from Sejong Universitys science of biotechnology department has unveiled a cultured meat prototype for the first time in the country. The team from Sejong University in Seoul came up with a prototype of...
Australia to block Qantas-Japan Airlines deal for eliminating competition
May 07, 2021 20:57 pm UTC| Economy
The Australian Competition and Consumer Commission (ACC) would block a five-year deal between Qantas and Japan Airlines on pricing, scheduling, and code-sharing as it would likely result in higher passenger...
US persuading Taiwan to supply more chips to its automakers
May 07, 2021 18:42 pm UTC| Economy Business
The US is persuading Taiwanese chip manufacturers to prioritize the needs of its automakers in easing chip shortages in the near term. US Commerce Department Secretary Gina Raimondo said theyre working to get Taiwan...
PepsiCo expands functional beverage portfolio with Soulboost sparkling water
May 07, 2021 18:42 pm UTC| Economy Business
PepsiCo launched Soulboost, a new sparkling water brand for wellness-focused consumers, to mark another foray into the functional beverage category The sparkling water beverage is blended with real juice and infused...
Hyundai Heavy Industries inks deal with 9 groups for East Sea green hydrogen project
May 07, 2021 10:59 am UTC| Economy
Hyundai Heavy Industries (HHI) signed a deal with nine entities to build a 100-megawatt plant to produce hydrogen from seawater using electric power generated in a floating offshore wind farm in the East Sea by 2025 and...
Namyang Dairy facing a new scandal concerning patent infringement
May 07, 2021 10:12 am UTC| Business Economy
Namyang Dairy Product recently lost two of its leaders - chairman Hong Won Sik and CEO Lee Kwang Bum this week. The two decided to leave over the controversies created by the companys claim about the effectiveness of its...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects