South Korean chemical industry news

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  4 December 2025

  Air Liquide and Hyundai Motor Group Expand Hydrogen Partnership

  The partnership aims to boost hydrogen use in Europe, South Korea, and the U.S., focusing on infrastructure, supply chain, and mobility to support global energy transition and carbon neutrality.
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  2 December 2025

  Asahi Kasei Divests Daramic Lead Battery Separator Business

  The divestiture aligns resources with growth areas like electronics and lithium-ion battery separators, enhancing Asahi Kasei's focus on high-potential initiatives and capital efficiency.
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  2 December 2025

  Asahi Kasei Sells Daramic Lead Battery Separator Business

  The divestiture aligns resources for growth in electronics and lithium-ion battery separators, focusing on North America, Japan, and Korea, under a strategic management plan.
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  12 November 2025

  LOTTE Chemical Q3 2025 Provisional Results

  Sales reached KRW 4.7861 trillion with a KRW 132.6 billion loss. Structural reforms and asset sales aim to boost competitiveness and financial stability.
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  11 November 2025

  LOTTE-Air Liquide Ener’Hy Launches Korea's Largest High-Pressure Hydrogen Shipping Center

  The new center in Daesan supplies high-pressure hydrogen for vehicles, enhancing logistics with advanced trailers and supporting Korea's hydrogen economy goals.
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  7 November 2025

  LOTTE Chemical Completes Indonesian Petrochemical Complex, Expands in Southeast Asia

  The new complex boosts Indonesia's petrochemical self-sufficiency to 90%, enhances local economy, and integrates with existing facilities for cost efficiency.

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  5 November 2025

  Hyundai Transys and BASF Develop Modular Seat with Elastollan TPU

  The new seat uses Elastollan TPU with SCF foaming for customizable, sustainable automotive interiors, offering recyclability, reduced VOCs, and energy efficiency.
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  3 November 2025

  Umicore and HS Hyosung Partner on Silicon-Anode Materials for EV Batteries

  The partnership aims to industrialize silicon-carbon anode materials for EV batteries, with a demonstration plant in Belgium by 2026.
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  3 November 2025

  Evonik Sells Betaines Business in Indonesia

  Evonik divests its Bekasi site to focus on sustainable specialties, continuing its strategic shift from global betaine operations.
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  3 November 2025

  BASF Consolidates Asian PolyTHF Operations

  BASF shifts PolyTHF production to China, closing South Korea site by 2026, to enhance competitiveness and maintain reliable supply.
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  29 October 2025

  Air Liquide Issues €2.15 Billion Bond for DIG Airgas Acquisition

  The bond, oversubscribed and rated "A", funds a strategic acquisition in South Korea, enhancing market presence in key sectors with maturities up to 12 years at under 3% interest.
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  28 October 2025

  LOTTE Chemical Launches Heat-Resistant Adhesive for Food Packaging

  The adhesive enhances moisture and oxygen barriers, maintains adhesion at high temperatures, and is now used in instant rice containers, with plans for broader food packaging applications.
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  28 October 2025

  Air Liquide Q3 2025: Sales Growth and Strategic Successes

  Revenue rose 1.9% on a comparable basis. Healthcare and Industrial Merchant drove growth. Investment momentum strong with major projects. DIG Airgas acquisition in South Korea planned.
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  26 October 2025

  Hyundai and Toray Partner on Advanced Mobility Materials

  The firms signed a joint agreement to develop advanced composite materials for future mobility, focusing on R&D, production, and commercialization.
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  6 October 2025

  INEOS to Close Two Rheinberg Plants Amid Rising Costs in Europe

  175 jobs lost due to high energy costs and lack of tariff protection. INEOS urges EU action to prevent further closures and maintain competitiveness.
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  29 September 2025

  LOTTE SK Eneroot Completes 20MW Ulsan Hydrogen Fuel Cell Power Plant

  The plant will produce 160,000 MWh of carbon-free electricity annually, with plans to expand to 80MW by 2026, supporting local economy and eco-friendly energy transition.
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  29 September 2025

  Arkema Unveils Battery Dry Coating Lab in France

  The new lab focuses on dry coating for battery electrodes, reducing energy use and carbon footprint, and enhancing electrode design with advanced materials.
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  16 September 2025

  Solvay's Global Circular Silica Initiative

  Solvay shifts Asian silica production to circular materials, supporting tire industry's sustainability goals and enhancing global supply chains with innovative sourcing and low-emission technologies.
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  15 September 2025

  Coolbrook Breakthrough: Pyrolysis Oil from Plastic Waste Cracked at Large-Scale Pilot

  RotoDynamic Reactor technology cracks 100% plastic-waste pyrolysis oil, enhancing sustainable olefin production and supporting circularity in petrochemicals.
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  9 September 2025

  TotalEnergies to Supply KOGAS with 1 Million Tons of LNG Annually for 10 Years

  Starting 2027, TotalEnergies will deliver 1 Mt of LNG annually to KOGAS, increasing their supply to 3 Mt from 2028, sourced mainly from U.S. production.
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  8 September 2025

  Arkema Appoints Laurent Peyronneau as EVP of Adhesive Solutions

  Laurent Peyronneau, with extensive adhesives experience, succeeds Vincent Legros to drive Bostik's growth and profitability, leveraging synergies within Arkema.
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  7 September 2025

  Ifinatamab Deruxtecan Shows 48.2% Response in ES-SCLC Phase 2 Trial by Daiichi Sankyo and Merck

  Ifinatamab deruxtecan achieved a 48.2% response rate in ES-SCLC patients, with ongoing regulatory discussions and consistent safety profile.
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  22 August 2025

  Air Liquide to Acquire South Korea's DIG Airgas

  The acquisition strengthens market position in South Korea, enhancing growth in electronics, clean energy, and mobility sectors, with expected completion in 2026.
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  21 August 2025

  Lotte Chemical Unveils Aria Collection of Premium Artificial Marble

  The Aria Collection offers nine new marble designs for high-end interiors, targeting domestic and global markets, with plans for antibacterial models and expansion into the U.S. and Europe.
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  21 August 2025

  Covestro Names Annie Chen as Taiwan Managing Director

  Annie Chen, current Head of Supply Chain, will succeed Dr. Carsten Wildebrand as Managing Director in Taiwan, continuing to lead supply chain operations in Asia-Pacific.
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  21 July 2025

  Air Liquide Opens Molybdenum Plant in South Korea for Semiconductors

  The new plant supplies ultra-high purity molybdenum for semiconductors, supporting a shift from tungsten and enhancing advanced chip production for AI applications.
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  10 July 2025

  Ørsted Secures Financing for Greater Changhua 2 Project

  Ørsted advances its strategic goals with project financing for Greater Changhua 2, supported by international banks and export credit agencies.
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  12 March 2025

  Perpetual Next Opens New Biomethanol Site in Delfzijl

  Groningen Seaports allocates a site for biomethanol production, supporting maritime fuel transition and boosting European raw materials strategy.
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  7 January 2025

  Perpetual Next Issues Tender for 660,000 Tons of Bio Methanol Sales

  Perpetual Next seeks partners for bio methanol offtake, aiming for market leadership amid rising demand, with facilities in Europe and Asia, focusing on long-term global distribution.
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  24 August 2012

  Samsung Opens European R&D Center at Industriepark Höchst

  The new center will develop materials for monitors, heat-resistant polymers, and water filtration components. It aims to enhance R&D capabilities and leverage Industriepark Höchst's infrastructure.