South Korea’s leading battery maker Samsung SDI said Wednesday it has achieved the highest certification of "Platinum" from UL Solutions’ Zero Waste to Landfill program for all six facilities at home. UL Solutions, a global leader in applied safety science, tested the company’s landfill diversion levels according to its ZWTL program, classifying them into 100 percent "Platinum," 99 to 95 percent "Gold," and 94 to 90 percent "Silver" ratin

Industry Sept. 20, 2023

Standard Chartered Bank Korea said Tuesday it started a commercial campaign for its new savings product featuring Kim Young-ok, the oldest working actress in Korea. Under the slogan “You still don’t know? Let’s be clear! Jaeil EZ account,” the new commercial features Kim, 85, as a restaurant owner, telling diners the benefits of the new Jaeil EZ account in a humorous and friendly manner. The bank also chose Korean rock band Itzi’s “Emergency Room” as the

Industry Sept. 19, 2023

BAT Rothmans, the Korean unit of British America Tobacco, said Tuesday it started a flower planting campaign dubbed “Kkot BAT,” with the aim to save alleys from litter and cigarette butts. “Kkot,” meaning “flower,” and “BAT," meaning “plot” in Korean, this new campaign lays lively flower pots or flower beds in neighborhoods suffering from littering and illegal waste disposal. Acknowledging the roles of citizens in this campaign, BAT Roth

Industry Sept. 19, 2023

ACE Engineering, the nation's energy storage system supplier, said Monday it has successfully participated in RE+ 2023, celebrating the launch of “Big Rock 1” project with key players of the renewable energy industry. Held from Sept. 11-14 in Las Vegas, RE+ 2023 is North America's largest renewable energy convention. ACE Engineering showcased its exhibition booth there along with 1,300 global companies and 30,000 attendees. Having more than 30 meetings with renewable ener

Industry Sept. 18, 2023

South Korean oil refiner S-Oil said Monday it has donated 470 million won ($354,000) to dedicated firefighters, under a partnership with the National Fire Agency and Korea National Council on Social Welfare. This year’s donation will be used for the treatment of injured firefighters as well as scholarship funds for the children of firefighters who died on duty, the company said. Grants will also be given as awards for selected "Hero Firefighters." The donation ceremony was held a

Industry Sept. 18, 2023

Resource recycling company DS Dansuk held the groundbreaking ceremony of its new Hydrotreated Vegetable Oil refinery in Pyeongtaek, Gyeonggi Province, Wednesday, the firm said Thursday. Aiming to finish the construction by next July, the second-generation biodiesel refinery is an extension of the company’s first biodiesel plant in Pyeongtaek. DS Dansuk will invest 35.7 billion won ($27 million) in the construction, the company said. The ceremony was attended by about 70 employees, includin

Industry Sept. 14, 2023

Posco International announced Wednesday it has signed with Hyundai Motor Group to supply an additional 3.53 million units of motor core, ramping up its presence in the global mobility industry. Under the contract starting from 2026, Posco International will provide 2.72 million units of motor core to Hyundai Motor Group Metaplant America, the carmaker’s first EV plant in the US, for eight years. The other 810,000 units will be supplied to Hyundai’s EV production at home for 10 years.

Industry Sept. 14, 2023

Korean fried chicken franchise Genesis BBQ on Wednesday said BBQ Chicken was introduced as the leader of the K-chicken craze in the United States in a recent report by Quick Service Restaurant magazine. Last month, QSR, a US publication that covers the fast food restaurant industry, released an article that highlights BBQ Chicken’s distinctive strategies behind its sharp growth in the country. The “mouth-watering” crispy Korean fried chicken BBQ is rapidly expanding its presenc

Industry Sept. 13, 2023

Korean streaming platform Coupang Play has showed the fastest year-on-year subscriber growth in the country, outpacing other local and global competitors to reach a milestone 6 million subscribers last month, less three years since its launch, according to a ranking announced by WiseApp on Friday. A total of 6.34 million people were subscribing to Coupang Play as of last month, according to WiseApp, which analyzes user behavior of mobile applications, in its August analysis of the number of subs

Industry Sept. 12, 2023

Dong-A Otsuka, the nation’s leading beverage maker, said it launched a special edition of its mineral water brand Masinda, which won a gold award in the Monde Selection 2023 with a renewed packaging. Employees of Dong-A Otsuka gathered to celebrate the launch of Monde Selection special edition, featuring a golden sticker on the package, for its mineral water at the company’s office in Seoul on Friday. Monde Selection is an annual noncompetitive award that certifies the quality of foo

Industry Sept. 11, 2023

Coca-Cola Korea Company said Thursday it has launched its new plant-based drink brand Go:Good Oat, jumping on the vegan bandwagon. Made from European oats, the new drink is blended with oat syrup and rice bran oil. The two flavor options include plain with a clean taste and rich with a smooth taste. With a small, handy 195 ml package, the consumers can easily carry around and enjoy the oat drink anytime, anywhere. Even in busy mornings and short breaks, it can quickly give a feeling of “co

Industry Sept. 7, 2023

SK Ecoplant, the construction and energy arm of SK Group, signed a memorandum of understanding with Posco International on Wednesday with an aim to foray into the European market with recycled plastic technology. On Tuesday, the companies secured their partnership at SK Ecoplant’s headquarters in central Seoul. Under the agreement, the two companies will cooperate on providing raw materials for recycled plastic, including the Recycled Polyester chip (RPET), to the Europe market. Made from

Industry Sept. 6, 2023

South Korean home appliance maker Coway said Tuesday its air purifier and water purifier have secured awards at the International Design Excellence Awards 2023, recognized for their innovative design. At this year’s IDEA, Coway achieved an impressive feat of winning silver and bronze awards with its Multi-Action Air Purifier 2 and Icon Max Free Water Purifier, respectively. Its Skin Plus Water Softener also earned notable recognition as a finalist. “We actively identify customers

Industry Sept. 5, 2023

Ace Engineering plans to set up its exhibition booth at RE+ 2023, North America’s largest energy convention that kicks off next Monday. Calling the upcoming event a “stepping stone for growth,” CEO Danny You showed high expectations in meeting new clients and expanding the company’s presence in the all-important North American market and beyond. Last year, the company specialized in offering total solutions for energy storage systems posted record sales of 235.4 billion w

Industry Sept. 5, 2023

Amid global trends toward building a sustainable future, Korean container manufacturer ACE Engineering is expanding its presence as the No. 1 energy storage system supplier. In 2018, the Intergovernmental Panel on Climate Change announced that the global temperature is expected to rise by around 3 degrees Celsius in the next 80 years. To prevent or lessen further climate crises, the panel called for the immediate action of global members to limit the temperature rise to 1.5 degrees Celsius by 20

Industry Sept. 5, 2023