Sartorius, a German pharma and lab equipment supplier, said that it is investing nearly €270 million through 2024 for expanding its operations in South Korea. The life science company is planning to launch cell culture media production in South Korean biopharma hub Songdo in Incheon. It will use the Songdo hub for assembling sterile systems […]
KBR has bagged a contract from Hanwha Solutions for its PLINKE nitric acid concentration and spent acid recycling technologies for its new production facilities in Yeosu in South Korea. As per the contract terms, KBR will be responsible for providing a license, basic and detailed engineering design, technical services, as well as proprietary equipment to […]
KKR said that it has acquired KRW 2.4 trillion ($2 billion) worth of the newly issued redeemable convertible preferred shares of South Korean energy company SK E&S. According to KKR, the investment will give it an opportunity to get cash or in-kind redemption as an option for repayment in the future along with the potential […]
South Korean chemicals company KPX Chemical and US-based polyurethanes and specialty chemical manufacturer Huntsman Corporation have created a joint venture (JV) called KPX Huntsman Polyurethanes Automotive (KHPUA). KHPUA will be engaged in creating and offering polyurethane system solutions to South Korean auto manufacturers from a specialty polyurethanes manufacturing facility at KPX Chemical’s plant in Ulsan, […]
HCL Technologies said that it has expanded its partnership with Finastra, a pure-play software vendor for the financial services industry, for driving digital transformation in South Korea and Taiwan. As part of the partnership, the Indian IT services provider will tap its next-generation digital transformation and service capabilities for bringing Fusion Cash Management and Fusion […]
HCL Technologies has entered into a partnership with South Korean software company HANCOM for sharing advanced software technology solutions as well as for setting up a mutual bridgehead for overseas expansion. The Indian IT services provider said that it will support training for software development at the Korean company’s research and development (R&D) center in […]
Isgec Heavy Engineering Ltd. said that it has surpassed the milestone of supplying 100 CFBC boilers, which are used across a broad spectrum of industries and sectors. The India-based heavy engineering company said that the credit in this particular case goes to its ongoing technical collaboration with Sumitomo SHI FW (previously Foster Wheeler). Sumitomo SHI […]
Moderna has signed a manufacturing services and supply agreement with Samsung Biologics under which the latter will undertake large scale, commercial fill-finish manufacturing for the mRNA-1273 COVID-19 vaccine. According to Samsung Biologics, technology transfer will begin immediately at the company’s facilities in Incheon, South Korea. The South Korean CDMO will use a production line equipped […]
Seegene, a South Korean molecular diagnostics company has been given an order worth more than $4.8 million for supplying its Allplex SARS-CoV-2 Assay Covid-19 diagnostic kits. The exclusive supply agreement was signed by Seegene MIDDLE EAST, the company’s local subsidiary, with the Ministry of Health (MOH) of Kuwait. As per the terms of the agreement, […]
South Korean medtech company VNTC said that it has developed a vest-like wearable hybrid scoliosis brace called Spinamic. According to VNTC, Spinamic has the benefits of both traditional rigid and soft-type scoliosis braces. The new hybrid scoliosis brace can be used by patients with mild scoliotic symptoms and also by neuromuscular disease patients who face […]