Asia Chemical Network | Axel Schlueter | Favorites https://asiachemical.net/members/axel/activity/favorites/ Activity feed of Axel Schlueter's saved posts. Tue, 23 Jun 2026 18:19:21 +0200 https://buddypress.org/?v=2.14.4 en-US 30 hourly 2 0d5e3bdabb7b0901832a3643bbb0e287 Yong Wan KIM posted an update in the group Korea: Chemicals account for 43% of sales and 56% of […] https://asiachemical.net/activity-feed/p/3212/ Mon, 06 Nov 2023 03:57:05 +0100 Chemicals account for 43% of sales and 56% of operating profit in Hanwha Solutions. Even while the petrochemical industry was struggling, I think it was able to defend itself to some extent thanks to caustic soda.

https://pulsenews.co.kr/view.php?year=2023&no=838656

pulsenews.co.kr

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]]> 0 db59ddcfb2d3c17d1cff2398a0f09461 Yong Wan KIM posted an update in the group Korea: Exports account for about 45% of South Korea's GDP, […] https://asiachemical.net/activity-feed/p/3210/ Thu, 02 Nov 2023 07:00:12 +0100 Exports account for about 45% of South Korea’s GDP, making them a significant driver of the economy.

https://www.kedglobal.com/economy/newsView/ked202311010011

kedglobal.com

Korea exports snap year-long slide as chips regain momentum - KED Global

South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain momentum,

]]> 0 290e5e3fb7d21493fcd28d9294b55b33 Yong Wan KIM posted an update in the group Korea: Soju is the national liquer to Korean people. We cannot […] https://asiachemical.net/activity-feed/p/3201/ Wed, 01 Nov 2023 06:10:25 +0100 Soju is the national liquer to Korean people. We cannot but sensitive to price increases. The average price of a bottle of soju at the restaurant increased by 40% from $3.3 to $4.6 during COVID. It is now expected to increase up to around $5.4. Soju being a chemical may be… Read more

english.chosun.com

Soju Prices Rise

Korea's top soju maker Hite Jinro is raising prices in the wake of leading brewe..

]]> 6 3eca28753d59de6539ed287d8a4f786e Yong Wan KIM posted an update in the group Korea: The headline on Korean news paper said 'LG Chem takes […] https://asiachemical.net/activity-feed/p/3200/ Tue, 31 Oct 2023 07:19:46 +0100 The headline on Korean news paper said ‘LG Chem takes the lead thanks to its batteries and advanced materials.’ It is true that the petrochemical business is in difficult, but the nature of the ‘cycle business’ must also be taken into consideration. Anyhow, it made too much money… Read more

koreajoongangdaily.joins.com

LG Chem beats expectations with Q3 profit of $640 million

LG Chem reports Q3 earnings of $640 million, beating expectations despite revenue and net profit declines. Petrochemicals and EV batteries contributed to improved sales.

]]> 0 de20b118bf71d9c4286786002373843e Yong Wan KIM posted an update in the group Korea: In order to ensure survival amidst poor performance, […] https://asiachemical.net/activity-feed/p/3167/ Fri, 20 Oct 2023 00:44:42 +0200 In order to ensure survival amidst poor performance, the petrochemical industry has embarked on a large-scale business restructuring. This includes bold divestment or withdrawal from the general-purpose plastics business and revamping their portfolio with environmentally friendly and high-value-added…

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koreajoongangdaily.joins.com

SKC sells polyurethane subsidiary to equity firm in $304M deal

The chemical material supplier’s board of directors approved the decision to sell 100 percent shares of SK pucore, a polyurethane manufacturer, to Glenwood Private Equity, a Seoul-based private equity firm, on Thursday.

]]> 0 62bc6d23c5a9fe682e0cd32a2606423f Yong Wan KIM posted an update in the group Korea: The Korean manufacturing industry has been in a downturn […] https://asiachemical.net/activity-feed/p/2515/ Wed, 09 Aug 2023 02:15:27 +0200 The Korean manufacturing industry has been in a downturn for the third consecutive quarter… except for automobiles, which are doing well.

https://pulsenews.co.kr/view.php?sc=30800018&year=2023&no=606685

pulsenews.co.kr

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]]> 0 b01016340f5cc1c7035403d0dcc17972 Yong Wan KIM posted an update in the group Korea: Korea's petrochemicals exports to China have […] https://asiachemical.net/activity-feed/p/2472/ Mon, 07 Aug 2023 03:33:59 +0200 Korea’s petrochemicals exports to China have decreased while India’s demand for Korean petrocheical products has significantly increased.

According to industry sources Hanwha Financial Investment, the volume of chemical product exports from Korea to China decreased by 12% in the first half of this year compared to the same period last year. On…

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]]> 0 7300f58d995212a67677c3ee34fe4a55 Chris Cui posted an update in the group China Chemical Industry: Exchange, Products & Companies in Focus: Shutdown Surge: How Maintenance Across Key Chemical […] https://asiachemical.net/activity-feed/p/2440/ Wed, 02 Aug 2023 13:16:14 +0200 Shutdown Surge: How Maintenance Across Key Chemical Sectors is Shaping the Market and Fueling Price Increases in H2

As the third quarter reaches its midpoint, the hot weather has led to an increase in shutdowns and maintenance across various industries. Steel, chemical, fireworks, and other sectors have successively arranged shutdown plans…

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]]> 0 2aec41ee84c32502251b535c1aaa8997 Yong Wan KIM posted an update in the group Korea: Korean companies, particularly leading companies in […] https://asiachemical.net/activity-feed/p/2433/ Wed, 02 Aug 2023 01:42:34 +0200 Korean companies, particularly leading companies in the secondary battery industry, are scrambling to secure resources as each country is weaponizing their own resources.

Will Korea be the loser in the resource war?

https://www.donga.com/en/Search/article/all/20230725/4311886/1

donga.com

Will Korea be the loser in the resource war?

The government's stockpiles of 13 rare metals average just 42 days of supply. That's less than half…

]]> 0 a145fb9f3b0d4ddd0c56ae4ee23afb49 Yong Wan KIM posted an update in the group Korea: Korean economy is still struggling as the trade surplus […] https://asiachemical.net/activity-feed/p/2427/ Tue, 01 Aug 2023 07:00:51 +0200 Korean economy is still struggling as the trade surplus is achieved only because import value is decreasing more than export value.

Deep contractions in imports leads to trade surplus in July

https://news.koreaherald.com/view.php?ud=20230801000583&np=1&mp=1

news.koreaherald.com

Deep contractions in imports leads to trade surplus in July

Korea narrowly avoided a trade deficit in July as falling prices of energy and raw materials pulled imports down faster than exports. Outbound shipments fell 16.5 percent on-year to $50.33 billion last month, while inbound shipments fell 25.4 percent to … Continue reading

]]> 0 6c5deb8dff9960044456165098419b00 Yong Wan KIM posted an update in the group Korea: Here is an article about POSCO, who is transforming from […] https://asiachemical.net/activity-feed/p/2384/ Fri, 28 Jul 2023 02:35:22 +0200 Here is an article about POSCO, who is transforming from #1 steel manufacturer to a secondary battery materials company. It is also the most preferred stock in the Korean stock market who are the raw materials producers in the secondary battery industry.

https://www.koreatimes.co.kr/www/biz/2023/07/602_355665.html

koreatimes.co.kr

POSCO steals limelight from EcoPro in stock rally

POSCO Holdings stole the limelight from EcoPro as the most-sought-after battery stock here, achieving a surprisingly sharp rally on hopes for deeper expansion into the promising battery materials industry.

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