Students learned about solving problems through chemistry at company's Global Innovation Center THE WOODLANDS, Texas, Nov. 30, 2023 /PRNewswire/ -- SI Group, a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals, and chemical intermediates, welcomed approximately 30 students enrolled in the STEM program at Sheldon Independent School District in Houston, Texas to the company's Global Innovation Center. The event was held to give student

GS Group, the South Korean energy, retail and construction conglomerate, on Wednesday said it promoted 50 executives across its affiliates, the most the group has carried out in its annual reshuffle since its establishment in 2005. The promotions include Kim Seong-min, new CEO at GS Caltex, Yoo Jae-young, CEO of GS Power, and Cheong Yong-han, CEO of GS Entec. Kim, along with Hur Sae-hong, the incumbent CEO of GS Caltex, will serve as independent heads of the oil refiner. GS Group last month appo

A total of 16 South Korean climate tech companies, ranging from promising startups to well-established companies, have been chosen to represent the country at the United Nations’ 28th COP28 climate conference, slated for Nov. 30 to Dec. 12 in Dubai, United Arab Emirates, according to the Ministry of Environment. Korea will set up a national pavilion, themed “Green Industry for a Sustainable Future,” at the venue and will present various technologies. The 16 companies, represent

To tackle problems with conventional plastic, Eco Creation converts waste into renewable energy with its pyrolysis system capable of extracting oil without pre-treatment. Through its plastic waste pyrolysis system installed in its factory in Yeoncheon, Gyeonggi Province, Korea’s leading pyrolysis plant operator has succesfully commercialized renewable energy. The system fuels diesel engine generators with pyrolysis oil to produce electricity. Eco Creation is the first among its industry pe

South Korean stocks opened a tad lower Wednesday ahead of the central bank's rate-setting meeting. The benchmark Korea Composite Stock Price Index (Kospi) lost 11.02 points, or 0.44 percent, to 2,510.74 in the first 15 minutes of trading. Overnight on Wall Street, US stocks climbed modestly on a dovish comment by a Federal Reserve official, with the Dow Jones Industrial Average edging up 0.24 percent and the Nasdaq Composite adding 0.29 percent. The Bank of Korea is set to decide on its pol

The weak economic momentum, along with the hope for the Federal Reserve's rate freeze next month and moderating inflation, may prod South Korea's central bank to keep its policy rate unchanged again this week. But the Bank of Korea is likely to say that it will keep its restrictive monetary policy stance amid still high inflation and soaring household debts. On Thursday, the BOK is widely predicted to leave the rate, which currently stands at 3.5 percent, unchanged, which would be the seventh st

By Manpreet Gill When I first started out as a bond strategist, I was often reminded by my teammates of how the "bond guys" were always the pessimists in the room. We spent a lot of time worrying about what could go wrong. Identifying and then attempting to minimize the chances of a big risk event were often key to earning a reasonable return via the yield. This was, of course, in sharp contrast to the optimists in the equities team who spent much of their time thinking about just ho

The Ministry of Trade, Industry and Energy said Sunday the recent supply disruptions of hydrogen for automobiles in the central region of South Korea will gradually ease next week. “(The government has made sure) the hydrogen suppliers have secured extra hydrogen, so we expect the supply glitch will slowly improve starting next week,” said Lee Ho-hyeon, head of energy policy at the industry ministry, in a statement. “Until the situation returns back to normal, we will carry out

South Korean oil refiner S-Oil said Thursday that the company has completed the construction of the Technical Service & Development Center in western Seoul to strengthen its future business areas with sustainability. “The TS&D Center will work to minimize the impact of our products on the environment and to enhance the safety of consumers amid tightening environmental regulations globally and growing consumer expectations of high-quality and green products and it will position itse

VUNG TAU, Vietnam, Nov. 23, 2023 /PRNewswire/ -- Entobel, a global leader in the production of functional insect protein for animal and plant nutrition, today celebrated the opening of its new black soldier fly ("BSF") production plant, the largest of its kind in Asia. Entobel's factory in Ba Ria-Vung Tau, Vietnam "Today marks a major milestone in our journey to transform the insect protein landscape and supply sustainable feed ingredients to the rapidly g

Marking the 140th anniversary of diplomatic relations between Korea and the United Kingdom, the two countries' business leaders held a forum in London to seek cooperation in diverse sectors, from energy and defense to supply chains. The event, held Wednesday on the sidelines of President Yoon Suk Yeol’s state visit to the UK, was co-hosted by the Federation of Korean Industries and the UK's Department for Business and Trade. Yoon delivered a congratulatory speech at the forum, st

TAICHUNG, Nov. 21, 2023 /PRNewswire/ -- In a groundbreaking stride within the functional food domain, Taiwan's Lipid Encapsulation and Analysis Corporation has harnessed the potential of Lipid Encapsulated Technology to unveil a revolutionary product line. Introducing nano-sized spheres adept at carrying natural compounds, these groundbreaking nanoparticles are set to reshape the health-centric culinary landscape, particularly within the burgeoning realm of functional plant-based meats. At the

At this year’s upcoming United Nations Climate Change Conference (COP28) in Dubai, world leaders will, for the first time, officially take stock of global progress toward the goals set out in the Paris climate agreement in 2015. The growing frequency of extreme-weather events makes this a decisive moment for climate action, and it is no secret that countries are falling short of their Paris commitments. The question is whether the assembled leaders -- whose ranks will include Pope Franc

As the world was recovering from the pandemic, inflation shot up, owing to widespread disruptions to global supply chains and sudden changes in patterns of demand. While the demand shifts might have posed a challenge to price stability even in the best of times, the breakdown in supply chains made matters worse. The market could not respond immediately to the new demand patterns, so prices increased. Recall that we initially experienced a car shortage, simply because there was a shortage of comp

UNLIMEAT has launched its own online storefront, providing nationwide delivery throughout the U.S. The online storefront serves as a portal to showcase bestsellers, new products, and limited edition products, fostering closer & more direct relationships with customers. LOS ANGELES, Nov. 20, 2023 /PRNewswire/ -- UNLIMEAT, a leading plant-based Korean food brand, launched its online store on November 10th. The UNLIMEAT SHOP showcases bestsellers like pulled pork and Korean BBQ,