Ulsan

Novelis to Build New $50 Million Recycling and Casting Center in South Korea to Expand Low-Carbon Aluminum Production

Retrieved on: 
Monday, February 21, 2022
Risk, Recycling, Carbon, Ulsan, Metal, Aditya Birla Group, Security (finance), Novelis, Uncertainty, Aluminium, Industry, Chief sustainability officer, Nature, U.S. Securities and Exchange Commission, Senior, Multimedia, News, View, Form 10-K, Solution, Copper

SEOUL, South Korea, Feb. 21, 2022 /PRNewswire/ --Novelis Inc., the world leader in aluminum rolling and recycling, today announced that it will invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea.

Key Points: 
  • SEOUL, South Korea, Feb. 21, 2022 /PRNewswire/ --Novelis Inc., the world leader in aluminum rolling and recycling, today announced that it will invest approximately $50 million to build a recycling center at its Ulsan Aluminum joint venture in South Korea.
  • Fully funded by Novelis, the Ulsan Recycling Center will have an annual casting capacity of 100 kilotonnes of low-carbon sheet ingot.
  • Once online, we expect the recycling center to reduce the company's carbon emissions by more than 420,000 tons each year.
  • Novelis, which already operates Asia's largest aluminum recycling center in Yeongju, South Korea, as well as the world's largest aluminum recycling center in Nachterstedt, Germany, is making this investment in additional recycling capacity to meet the growing global demand for sustainable aluminum products.

2021 Korea Basic Income Fair successfully concludes after drawing 600,000 visitors

Retrieved on: 
Tuesday, May 4, 2021
Articles, Ulju County, Universal basic income, Ulsan, South Korea, East Asia, Economy

b'SUWON, South Korea, May 4, 2021 /PRNewswire/ -- Held under the theme of "Humans Humanely, Basic Income" and organized bytheGyeonggi Provincial Government,the 2021 Korea Basic Income Fair successfully concluded its three-day program on April 30.\nThis year\'s fair was held both online and offline in accordance with COVID-19 social distancing guidelines.

Key Points: 
  • b'SUWON, South Korea, May 4, 2021 /PRNewswire/ -- Held under the theme of "Humans Humanely, Basic Income" and organized bytheGyeonggi Provincial Government,the 2021 Korea Basic Income Fair successfully concluded its three-day program on April 30.\nThis year\'s fair was held both online and offline in accordance with COVID-19 social distancing guidelines.
  • Basic income guarantees economic recovery and continuous growth by expanding demand through income support.
  • "\nDuring the opening ceremony, 53 local governments, including the Gyeonggi Provincial Government, joined the inaugural meeting of the Local Government Council on Basic Income and selected Ulsan\'s Ulju Mayor Lee Sun-ho as the first chairperson of the Council.
  • We will make an effort to expand various basic income policies and models discussed at the international conference.

Toyoko Inn Ulsan Samsandong Opening on Fri. October 25, 2019

Retrieved on: 
Thursday, October 24, 2019
Lodging, Destinations, Travel, Vacation, Service industries, Travel, Hospitality industry, Ulsan, Hotel, Toyoko Inn, Hyundai Motor Company, Tokyu Toyoko Line

There are many Hyundai factories and facilities with leading automobile, shipbuilding, construction, shipping and electronic companies in this area.

Key Points: 
  • There are many Hyundai factories and facilities with leading automobile, shipbuilding, construction, shipping and electronic companies in this area.
  • Toyoko Inn Ulsan Samsandong is near Lotte Department Store, Express Bus Terminal, and with many restaurants.
  • The hotel shares the same facilities and services as Toyoko Inn hotels in Japan to provide you a peace of mind while you stay.
  • Two accessible rooms for handicapped and elderly guests designed at Toyoko Inn are installed (qualified as a practical model).

Singapore's Fortrec acquires Aromatic Solvents Refinery in Ulsan, Korea

Retrieved on: 
Wednesday, March 6, 2019
Ulsan

SINGAPORE, March 6, 2019 /PRNewswire/ -- Singapore headquartered Fortrec has completed the acquisition of and re-started its refurbished aromatic solvents refinery in Ulsan, Korea.

Key Points: 
  • SINGAPORE, March 6, 2019 /PRNewswire/ -- Singapore headquartered Fortrec has completed the acquisition of and re-started its refurbished aromatic solvents refinery in Ulsan, Korea.
  • The facility, which has a sixty thousand (60,000) tonne a year capacity for producing aromatic solvents FSol100, FSol150, FSol200 and Washoil, is the culmination of a nine-month acquisition by Fortrec.
  • Mr Lee Byung Chul, CEO of Fortrec Chemical Co Ltd (Korea) enthuses: "We are very pleased to be partnering with such a reputable and long-standing company as Fortrec.
  • We have known them for many years in Korea and are very pleased to have started operations together here in Ulsan.

Singapore's Fortrec acquires Aromatic Solvents Refinery in Ulsan, Korea

Retrieved on: 
Wednesday, March 6, 2019
Ulsan

SINGAPORE, March 6, 2019 /PRNewswire/ -- Singapore headquartered Fortrec has completed the acquisition of and re-started its refurbished aromatic solvents refinery in Ulsan, Korea.

Key Points: 
  • SINGAPORE, March 6, 2019 /PRNewswire/ -- Singapore headquartered Fortrec has completed the acquisition of and re-started its refurbished aromatic solvents refinery in Ulsan, Korea.
  • The facility, which has a sixty thousand (60,000) tonne a year capacity for producing aromatic solvents FSol100, FSol150, FSol200 and Washoil, is the culmination of a nine-month acquisition by Fortrec.
  • Mr Lee Byung Chul, CEO of Fortrec Chemical Co Ltd (Korea) enthuses: "We are very pleased to be partnering with such a reputable and long-standing company as Fortrec.
  • We have known them for many years in Korea and are very pleased to have started operations together here in Ulsan.

SK Innovation continues its values of sharing with a donation to Rice University in Houston, Texas, USA

Retrieved on: 
Tuesday, December 11, 2018
Economy of South Korea, Chaebol, SK Group, David Leebron, Ulsan, Rice University, Rice, Nam District, Ulsan

HOUSTON, Dec. 11, 2018 /PRNewswire/ -- SK Innovation has donated $50,000 to the Korean Studies Program at Rice University in Houston, Texas, USA, its second donation since October of last year.

Key Points: 
  • HOUSTON, Dec. 11, 2018 /PRNewswire/ -- SK Innovation has donated $50,000 to the Korean Studies Program at Rice University in Houston, Texas, USA, its second donation since October of last year.
  • Kim Taewon, President of SK E&P America, (SK Exploration & Production) attended the scholarship donation ceremony at Rice University on December 6 with David W. Leebron, President of Rice University.
  • Last June, Rice University students who were SK scholarship recipients in Korean Studies, participated in a six-week long program in Korea.
  • During their stay, they visited SK Innovation's production base in Ulsan at the SK Ulsan Complex (or SK Ulsan CLX).