In South Korea, LG Chem is entering the global market with eco-friendly raw materials derived from vegetable oils. The company announced on the 13th that it will commence the production of bio-acrylic acid in the second quarter of this year. Production capacity shall ramp up to 100 metric tons (MT) of prototype annually. Bio-acrylic acid […]
In South Korea, Plagen and Taebaek City signed an agreement to build a 10,000-ton-per-year clean methanol production facility, set to begin operation in 2027. Taebaek will leverage its abundant forestry byproducts and renewable energy infrastructure to secure raw material supply. Plagen CEO Kyung Kook-hyun said, “Taebaek is the optimal location for clean methanol production and […]
In South Korea, LG Chem has begun producing 100% biobased acrylic acid and expects to ramp up to prototype production of 100 metric tons of material annually in the second quarter of this year. LG Chem’s biobased acrylic acid is made from 3-hydroxypropionic acid, produced by microbial fermentation of plant-based raw materials. The product retains […]
In South Korea, on February 12, the Ministry of Trade, Industry, and Energy announced a $7.63 million R&D initiative aimed at advancing shipbuilding and marine technology. Applications are open through March 13, with funding supporting ten general research projects, two eco-friendly ship advancements, and five digital transformation efforts. The initiative will fund research into ammonia-fueled […]
In Italy, Baker Hughes and Hanwha signed a Joint Development and Collaboration Agreement in Florence on February 3 to develop a small-size turbine capable of running on 100% ammonia, targeting marine and industrial applications with plans for commercial availability by 2027. The partnership will combine Baker Hughes’ small-size gas turbine technology with Hanwha’s ammonia combustion […]
In New York, Amogy announced the opening of a new office in Pangyo, South Korea to advance its ammonia-based power solutions for shipping and industry, citing the country’s strong policy support and established supply chains. Backed by $56 million in venture financing, the expansion places Amogy closer to key partners, including SK Innovation, Samsung Heavy […]
In South Korea, the Ministry of Oceans and Fisheries announced on January 30 that it has finalized its 2025 Eco-Friendly Ship Deployment Plan, investing approximately $153 million to construct and convert a total of 81 environmentally friendly vessels. Under this plan, the public sector will build 34 electric and hybrid ships and retrofit 15 existing […]
In South Korea, HJ Shipbuilding & Construction delivered a 272-meter-long, 22-knot 7,700 TEU LNG dual-fuel container ship to a European owner on the 20th at its Yeongdo shipyard in Busan. The vessel, the first of two ordered in 2022, features an eco-friendly design that meets International Maritime Organization emission regulations. The delivery signing ceremony took […]
In Indonesia, AP News reported that the South Korean government will reduce subsidies for biomass energy after rising domestic and international criticism of its link to deforestation. “While not without caveats, (the) decision by the South Korean government demonstrates that large-scale biomass power has no place in a renewable energy future,” Hansae Song, program lead […]
In South Korea, ChosunBiz reported that a research team led by Professor Jang In-seop from the Department of Environmental and Energy Engineering at the Gwangju Institute of Science and Technology (GIST) and another team from the Department of Convergence Biotechnology at Korea University, announced that they have developed the necessary single compound generation and upgrading […]
