Day: November 26, 2025
LS Corp., the holding company of LS Group, announced Wednesday that it will invest 150 billion won (approximately US$102.8 million) in its cable manufacturing subsidiary, LS Cable & System Ltd., to support the company’s large-scale project to build a submarine power cable plant in the United States, Azernews reports, citing Yonhap agency.
Lotte Chemical Corp. and HD Hyundai Chemical announced Wednesday that they have finalized a restructuring plan to reduce the capacity of their naphtha cracking centers (NCCs) in a major industrial complex in central South Korea. The initiative is part of a broader nationwide effort to reform and modernize the petrochemical sector, Azernews reports, citing Yonhap agency.
