Jane Chung

Saudi Aramco picks 17% stake in Hyundai Oilbank’s refinery for $1.2b

Aramco has the option to buy an additional 2.9 per cent stake in Hyundai Oilbank.


S Korea’s LG Chem sets up JV with Vietnamese car-maker VinFast

The JV aims to produce lithium-ion batteries for the Vietnamese carmaker’s electric scooters and electric vehicles.


S Korea’s LG Chem, China’s Zhejiang Huayou Cobalt to set up battery material JVs

LG Chem said it would raise a total of 239.4 billion won ($224.8 million) by 2020.


South Korea’s SK Innovation to buy US shale oil firm Longfellow

SK Innovation said it’d invest up to 485.3 billion won ($453 million) in its US-based unit SK E&P America to spend on the acquisition and other businesses.


South Korea’s Hyundai Oilbank picks advisers for IPO seen worth at least $1b

Hyundai Oilbank is South Korea’s smallest refiner by capacity.


S Korea’s SK Innovation buys Dow Chem unit for $370m

The move will expand its range of high value-added chemical products.


Lotte Chem looking to acquire Singapore’s Jurong Aromatics

South Korea’s Lotte Chemical Corp said on Thursday it had submitted a letter of intent earlier this month to acquire Singapore petrochemical company Jurong Aromatics Corp (JAC). Lotte Chemical said in a filing to the stock exchange in South Korea that it had been short-listed on Jan. 10 to acquire the… Read more »