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South Korean chemical industry news
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
