Chemical industry in Korea (South)

projects tracked
8
active
6

Projects in Korea (South)

chemXplore tracks 8 projects in Korea (South), of which 6 are active.

  1. 1 project Announced / Concept
  2. none FEED / Pre-FID
  3. none FID / Sanctioned
  4. 5 projects Under Construction
  5. none Commissioning & Start-up

Of the active ones, 2 new construction, 2 expansion and 1 conversion / repurposing.

Expected start-up, by year
0 1 2 3 2026 2027 2028 2029 2030 2031

1 active project carries no start-up date yet. The dates themselves, per project, are for subscribers.

What moved recently

  • September 2026 SK On Seosan ESS LFP Battery Lines Conversion · Under Construction

Latest South Korean chemical industry news

2 November 2026
BHP advances multiple pathways toward near‑zero steelmaking

Industry investment and policy support sustain demonstrations across blast‑furnace retrofits, DRI–ESF, and electrochemical routes while economics and infrastructure shape deployment timing.

30 October 2026
LOTTE Chemical launches 5th Project LOOP Social to scale circular-economy startups

Five startups selected to convert recycled plastics and industrial by-products into market-ready products; support includes funding, mentoring, acceleration and sales-channel aid.

29 October 2026
SK Innovation Q3 2026: KRW 28.77tn revenue, KRW 3.70tn operating profit

Improved export margins and record lubricants profits drove quarter; battery unit loss narrowed despite lower sales, while ESS orders and LFP supply deals in North America strengthen outlook.

28 October 2026
SK On demonstrates ESS fire safety in UL 9540A large-scale test

ESS met strengthened UL 9540A large-scale-fire criteria; no thermal runaway in adjacent container; SK On will push global ESS expansion and convert 3 GWh to LFP lines.

20 October 2026
Asahi Kasei’s Tongsuh Petrochemical secures Reasonable Assurance PCF verification for acrylonitrile

Independent audit confirmed the fiscal‑2025 product carbon footprint for acrylonitrile at the Ulsan plant, covering raw materials through production and exceeding limited‑assurance standards.

14 October 2026
POSCO HOLDINGS completes upstream of second Argentina brine lithium plant, enabling 50,000‑ton hydroxide system

Upstream work finished at a 4,000 m Argentina site, raising commercial carbonate output to 48,000 t/year and enabling a 50,000 t/year lithium hydroxide system when linked to a 2027 downstream plant.

13 October 2026
POSCO Future M agrees KRW 6 trillion LFP supply contract with Samsung SDI

Long-term deal more than doubles prior volumes, expands supply from NCA to LFP, LMO and synthetic graphite, and secures non‑PFE materials for buyers.

13 October 2026
POSCO group to build Steel GX decarbonized industrial ecosystem

HyREX demo (300,000 t/yr by 2028) in Pohang; TIMUP public‑private plan; targets KRW 6 trillion, 14,000 jobs and 560,000 t/yr CO2 reduction in the Southeastern cluster.

1 October 2026
Lilly: Foundayo linked to reduced 10‑year predicted type 2 diabetes and cardiovascular risk

Post‑hoc ATTAIN‑1 modelling: oral orforglipron cut predicted 10‑year type 2 diabetes risk up to 57% and cardiovascular risk up to 18% versus placebo at 72 weeks.

30 September 2026
Lilly’s Foundayo shows cardiovascular safety and durable A1C and weight benefits in ACHIEVE‑4

Once‑daily oral GLP‑1 cut MACE vs insulin glargine, lowered A1C by 1.6% at 52 weeks and produced mean weight loss of 8.1 kg with durable effects to 104 weeks.