​CJ Logistics to build inland container depot in Ukraine's northwestern region

SEOUL -- South Korea's major logistics company CJ Logistics has partnered with JJ Group, an investment firm in Ukraine, to build an inland container depot with a total capacity of five million tons of cargo in Ukraine's northwestern city of Lutsk. The facility will be used to supply food resources such as grain and cooking oil to Ukrainians. Inland container depots, also known as dry ports, are mainly located in industrial zones that connect ports and inland transportation such

September 18, 2023

HMM works with oil refiner GS Caltex to demonstrate bio fuel-based container ship

SEOUL -- HMM, the world's eighth-largest marine shipping company controlled by creditors in South Korea, will demonstrate the country's first biofuel-based container ship powered by GS Caltex, a main domestic oil refiner. After departing from South Korea's southern port city of Busan, HMM's ship will head to Brazil. Biofuel is produced using plant-based or animal-based oil such as cooking oil from fast food restaurants or palm oil. Biodiesel, one of the most widely reco

September 15, 2023

LG Chem partners with Italy's Eni SM to build hydrotreated vegetable oil plant

SEOUL -- LG Chem will work with Eni SM, a state-run energy company in Italy, to build a factory that produces hydrotreated vegetable oil, a bio-based fuel that can be made through the process of either hydrocracking or hydrogenation of vegetable oil. Because the eco-friendly fuel has an extremely low freezing point, it can be used as automobile or aviation fuels. Hydrotreated vegetable oil (HVO) is made through either hydrocracking or hydrogenation of vegetable oil. Hydrocracking

September 14, 2023

Business forum held in Seoul to improve supply chain cooperation between S. Korea and China

SEOUL -- At a business forum designed to enhance supply chain infrastructure between South Korea and China, scholars from the two nations presented cooperation plans in various fields including semiconductors, secondary batteries, and biopharmaceuticals. The event, hosted by China Construction Bank, was attended by the Chinese Ambassador to South Korea. Data released by South Korea's trade ministry showed that a total of 126 companies returned home between 2014 and 2022 after expan

September 14, 2023

Pulmuone develops robot chef capable of cooking noodles

SEOUL -- South Korean food product maker Pulmuone has developed a vending machine that can cook refrigerated dishes in about 90 seconds. The robot chef can provide instant noodle dishes including noodle soup with beef and broth, and Jjambbong, a spicy seafood noodle soup with various ingredients such as onions and garlic. Pulmuone said in a statement that the instant food cooking machine called "Robot Chef" was developed. Currently, three types of noodle dishes are availa

September 12, 2023

Megastore franchise seeks to attract customers with whisky gift sets for autumn harvest festival

SEOUL -- Emart, the megastore franchise wing of South Korea's retail giant Shinsegae, has prepared various whisky gift sets to attract customers who are looking for ideal autumn harvest festival gifts for their family members or loved ones. Chuseok, regarded as the largest traditional festival holiday of Koreans, is a three-day autumn harvest festival celebrated on August 15 of the lunar calendar. Normally, families would gather at the eldest member's home to share gifts and fo

September 11, 2023

S. Korea's main gateway gains highest level of customer service accreditation at global airport summit

SEOUL -- South Korea's main gateway in the western port city of Incheon has received the highest level of customer service accreditation at a global summit designed to evaluate airport operators' customer experience management capacity. This is the second time Incheon International Airport acquired the highest level in the accreditation program where 89 airports are involved. Customer experience refers to all activities experienced by airport visitors before they board the flig

September 7, 2023

​Korean Air starts bio-aviation fuel demonstration with oil refiner GS Caltex

SEOUL -- Korean Air, South Korea's flag carrier, has started the demonstration of bio-aviation fuel provided by the country's major oil refiner GS Caltex. The first biofuel-based cargo flight took off from Incheon International Airport, South Korea's main gateway, and headed to Los Angeles. A total of six cargo flights will be tested for three months. Biofuel is produced using plant-based or animal-based oil such as cooking oil from fast food restaurants or palm oil. Bi

September 6, 2023

GI Innovation partners with US tech company Medidata to develop AI-based immuno-oncology pipeline

SEOUL -- South Korea's pharmaceutical company GI Innovation will work with Medidata Solutions, a New York-based clinical trial data solution provider, to accelerate the clinical development of its immunotherapy agents -- GI-101 and GI-102. Medidata's artificial intelligence and big data would be used for the two immuno-oncology candidate substances. GI-101 is a dual fusion protein that combines functions of CD80 and IL-2, proteins that play crucial roles in the immune syste

September 5, 2023

S. Korean President Yoon to visit Indonesia for ASEAN summit meetings

SEOUL -- South Korean President Yoon Suk-yeol will embark on a six-day journey to Indonesia to attend the ASEAN summit meetings and visit India for a summit meeting with Indian Prime Minister Narendra Modi. Indonesian President Joko Widodo invited President Yoon to attend a summit meeting. President Yoon will attend a set of meetings including South Korea-ASEAN summit meetings and the South Korea-China-Japan trilateral summit meeting as well as a gala luncheon session hosted by the Ind

September 5, 2023