Chemical industry in Korea (South)

projects tracked
3
active
3

Projects in Korea (South)

chemXplore tracks 3 projects in Korea (South), of which 3 are active.

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

Of the active ones, 2 expansion.

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

The dates themselves, per project, are for subscribers.

Latest South Korean chemical industry news

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.

30 September 2026
INEOS welcomes EU PVC anti-dumping probe and urges trade-defence reform

EU launches anti-dumping probe after PVC imports doubled in 12 months; industry urges faster provisional measures, safeguards and more DG Trade resources to protect European production.

30 September 2026
Chugai establishes Chugai Pharma Korea in South Korea

Wholly owned Korea subsidiary to secure marketing authorizations and build phased in‑house sales for pipeline drugs including sparsentan and NXT007.

28 September 2026
LG Chem and Volkswagen Group partner on next‑gen lightweight and recycled automotive plastics

Develop next‑generation ABS/EP composites, expand PCR material use for interior/exterior parts, and run joint R&D and feasibility studies.

24 September 2026
Lilly's Onswik approved by FDA as once‑weekly basal insulin for adults with type 2 diabetes

FDA clears once‑weekly basal insulin that reduces injection frequency vs daily therapy; Phase 3 QWINT trials in >3,400 adults showed non‑inferior A1C vs glargine and degludec.

21 September 2026
POSCO builds next‑generation galvanized automotive steel plant

KRW 480 billion investment for a 450,000 t/yr continuous galvanizing line at Gwangyang; EAF‑linked lower‑carbon, extra‑wide products and AI/robotics for quality and safety.