[K-Biz brief] Lotte·SK PET anti-dumping duty risk in the US (June 10)

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▲ Hyundai Mipo Dockyard = Receive Order 3 mid-sized tanker orders worth KRW 260 billion

Hyundai Mipo Dockyard received an order for 51,000 DWT class petroleum products from Monaco Andromeda.

 

▲ GS E&C = US government support Solar Project in India

The solar power plant project that GS E&C is undertaking in India was included in the support of the Donald Trump administration. This is the first project that GS E&C Heo Yoon-hong, the eldest son of GS Group Chairman Heo Chang-soo, was after the promotion of the president.

 

▲ Ssangyong Motors = Due to lock defects recall Chairman 957 in China

Ssangyong Motors recalls Chairman in China. This is due to a defect in the locking device, which was the reason for the recall in Korea.

 

▲ Lotte·SK = PET anti-dumping duty risk in the US

The US court overturned the alleged anti-dumping charge against Korean-made polyethylene terephthalate(PET). It is difficult for domestic companies such as Lotte Chemical and SK Chemical to avoid imposing customs duties.

 

▲ LG Electronics = Contract for supply of 19,000t LNG with state gas company in Poland

LG Electronics is supplied with 19,000 tons of liquefied natural gas (LNG) from a state-run gas company in Poland for 5 years. It will be used in LG Electronics and nearby LG chemical plants.

 

▲ Samsung Display = Patent application for foldable panel that is folded twice

Samsung Display applied for a foldable display design patent that folds back and forth twice. As the foldable display market grew, it took the lead in technology.

 

▲ Samsung Bioepis = U.S. court "AbbVie 'Humira' patent agreement, no violation of monopoly law"

A US court has given AbbVie's hand in a lawsuit against the antitrust law against 'Humira', an autoimmune disease treatment biopharmaceutical. It was judged that the patent agreement with Samsung Bioepis and competitors who made generic drugs was the right of AbbVie to possess Humira manufacturing technology.

 

▲ Samsung C&T = Saudi Arabian Power Plant SPC stake 4.99% sale

Samsung C&T signed a contract with Saudi Arabian private developer ACWA Power to sell a 4.99% stake in Hajr Electricity Production Company (HEPC). HEPC is an SPC that operates the Kuraya Combined Cycle Power Plant. With this acquisition, ACWA Power's stake increased from 17.5% to 22.49%, making it the second largest shareholder of HEPC.










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