Ministry of Trade, Industry and Energy (South Korea)

Korea's top authenticity platform SWEBS enters US market

Retrieved on: 
Wednesday, December 21, 2022

Having recently established a joint venture subsidiary in the US, the company plans to begin marketing its key product, SWEBS, an authentication platform that integrates hologram-encrypted QR codes.

Key Points: 
  • Having recently established a joint venture subsidiary in the US, the company plans to begin marketing its key product, SWEBS, an authentication platform that integrates hologram-encrypted QR codes.
  • SWEBS is an integrated product management platform that verifies the authenticity of products.
  • With the integrated platform, clients can protect their brand and customers through genuine product authentication and track the authentication status in real-time, all while managing distribution, AS, and warranty.
  • The Born2Global Centre, operated by Born2Global, is a full-cycle service platform that supports the global expansion of promising companies.

Korea Energy Agency holds the 2022 Online Export Counseling Session for New Renewable Energy

Retrieved on: 
Monday, November 21, 2022

SEOUL, South Korea, Nov. 21, 2022 /PRNewswire/ -- Korea Energy Agency, the policy implementing agency under the Ministry of Trade, Industry and Energy, said it holds an export counseling session.

Key Points: 
  • SEOUL, South Korea, Nov. 21, 2022 /PRNewswire/ -- Korea Energy Agency, the policy implementing agency under the Ministry of Trade, Industry and Energy, said it holds an export counseling session.
  • The 2022 Online Export Counseling Session for New Renewable Energy is held by Korea Energy Agency under supervision by Korea New Renewable Energy Association.
  • Global business director Sung-Hoon Kim of Korea Energy Agency said, "Hopefully, this online export counseling will be of practical assistance for prominent Korean companies in new renewable energy that are struggling with opening a new market and advancing into overseas markets," adding " We hope this session can provide an opportunity to exchange information on products and technologies one another and find a good business partner".
  • Meanwhile, Korea Energy Agency is taking efforts for overseas expansion of companies in the new renewable energy industry and opening a new market for export of domestic companies.

Kent Displays' Principal Technologist visits Jeonbuk National University to further research on Switchable Light Shutter Technology

Retrieved on: 
Thursday, October 13, 2022

KENT, Ohio, Oct. 13, 2022 /PRNewswire/ -- Last week, Dr. Clinton Braganza, the Manager of Research and Development and Principal Scientist at Kent Displays, Inc., visited co-researchers at Jeonbuk National University in Korea to continue research on the collaborative project, "Energy-saving bistable light shutters using carbon-based nanocomposites," with the Department of Nano Convergence Engineering at the University. Kent Displays is the maker of bestselling writing tablet, Boogie Board®.

Key Points: 
  • The "Energy-saving bistable light shutters using carbon-based nanocomposites" international joint research project commercializes carbon-based nanocomposites and furthers the economic prosperity of the United States and Korea.
  • The research project is developing switchable light shutter on flexible substrates that allow windows to turn opaque to clear and back again using minimal electric power.
  • "Kent Displays is located in what journalists call the new technical heartland of the United States, and we're excited to continue our work with Jeonbuk National University to commercialize this technology further."
  • Although more research is needed, Kent Displays and Jeonbuk National University are invested in supporting an international research opportunity to improve both the United States and Korean economy and technological prowess.

Gyeonggi Province completes Korea's largest hydrogen production complex in Pyeongtaek City, capable of supplying fuel for 410,000 hydrogen vehicles annually

Retrieved on: 
Monday, August 22, 2022

SUWON,South Korea, Aug. 22, 2022 /PRNewswire/ -- A hydrogen production complex capable of supplying fuel for 410,000 hydrogen vehicles per year opened in Pyeongtaek City, Gyeonggi Province, on July 27.

Key Points: 
  • SUWON,South Korea, Aug. 22, 2022 /PRNewswire/ -- A hydrogen production complex capable of supplying fuel for 410,000 hydrogen vehicles per year opened in Pyeongtaek City, Gyeonggi Province, on July 27.
  • Gyeonggi Province expects that the Pyeongtaek complex will become a bridgehead in the hydrogen energy era.
  • He continued, "The Pyeongtaek complex will be the largest hydrogen production base in South Korea, producing more than seven tons of hydrogen a day."
  • Following the construction of the hydrogen production complex, Gyeonggi Province and Pyeongtaek City plan to build a hydrogen transportation complex connected to hydrogen refueling stations near Pyeongtaek Port and to create a "hydrogen city" that uses hydrogen as its main energy source.

Bridge Biotherapeutics to Present Interim Clinical Data from Ongoing Phase 1 Study of BBT-176 at the World Conference of Lung Cancer

Retrieved on: 
Tuesday, July 12, 2022

One patient from the 320mg dosing cohort exhibited 30.3 percent shrinkage of the target lesion, according to the abstract.

Key Points: 
  • One patient from the 320mg dosing cohort exhibited 30.3 percent shrinkage of the target lesion, according to the abstract.
  • Investigators will explore the recommended Phase 2 dose (RP2D) based on the overall safety, efficacy and tolerability information collected in the Phase 1 clinical study.
  • The study aims to assess the safety, tolerability, and anti-tumor efficacy of the drug candidate in a group of patients with advanced non-small cell lung cancer.
  • Bridge Biotherapeutics acquired the exclusive global license for BBT-176 from the Korea Research Institute of Chemical Technology (KRICT), a Korean government research institute, in 2018.

Bloom Energy Electrolyzer Accelerates the Future of Hydrogen Production in South Korea

Retrieved on: 
Wednesday, April 6, 2022

The successful 130 kilowatt (kW) installation in Gumi, South Korea, further propels Bloom Energys efforts to enable a hydrogen-fueled economy following the commercial launch of the Bloom Electrolyzer in 2021.

Key Points: 
  • The successful 130 kilowatt (kW) installation in Gumi, South Korea, further propels Bloom Energys efforts to enable a hydrogen-fueled economy following the commercial launch of the Bloom Electrolyzer in 2021.
  • Because it operates at high temperatures, the Bloom Electrolyzer requires less energy to split water molecules and produce hydrogen.
  • In production, the Bloom Electrolyzer is expected to operate at 46 kilowatt hours (kW-hr) per kilogram of hydrogen (kg H2) output with water as its input.
  • With the capacity to scale hydrogen production rapidly, Bloom Energy and SK ecoplant are well-suited to drive South Koreas energy transition forward.

Euromonitor International Ltd. Ranks Herbalife Nutrition World's #1 Health Shake and Top Brand Across Six Health Categories

Retrieved on: 
Friday, January 28, 2022

3 Source Euromonitor International Limited; Per Consumer Health 2022ed, Meal replacement category definition; % RSP share GBO, 2021 data.

Key Points: 
  • 3 Source Euromonitor International Limited; Per Consumer Health 2022ed, Meal replacement category definition; % RSP share GBO, 2021 data.
  • 4 Source Euromonitor International Limited; Per Consumer Health 2022ed, Weight management and wellbeing category definition; % RSP share GBO, 2021 data.
  • 5 Source Euromonitor International Limited; Per Consumer Health 2022ed, Meal replacement category definition; % RSP share GBO, 2021 data.
  • 6 Source Euromonitor International Limited; Per Consumer Health 2022ed, Meal replacement and protein supplements definitions; combined % RSP share GBO, 2021 data.

Ocean Winds and Aker Offshore Wind Reach Key Electric Business License Milestone for Floating Offshore Wind Project in South Korea

Retrieved on: 
Tuesday, January 25, 2022

The EBL is a mandatory requirement to generate and supply electricity in South Korea and grants KF Wind exclusive development rights to realize the project.

Key Points: 
  • The EBL is a mandatory requirement to generate and supply electricity in South Korea and grants KF Wind exclusive development rights to realize the project.
  • Securing the EBL will allow KF Wind to continue with its investment plan and to create local jobs in South Korea.
  • An undeniable breakthrough for Ocean Winds, for KF Wind and for South Korea," said Grzegorz Gorski, Chief Operating Officer of Ocean Winds.
  • South Korea aims to generate 20 percent of its power from renewable sources by 2030, of which 12GW from offshore wind.

Ocean Winds and Aker Offshore Wind Reach Key Electric Business License Milestone for Floating Offshore Wind Project in South Korea

Retrieved on: 
Tuesday, January 25, 2022

The EBL is a mandatory requirement to generate and supply electricity in South Korea and grants KF Wind exclusive development rights to realize the project.

Key Points: 
  • The EBL is a mandatory requirement to generate and supply electricity in South Korea and grants KF Wind exclusive development rights to realize the project.
  • Securing the EBL will allow KF Wind to continue with its investment plan and to create local jobs in South Korea.
  • An undeniable breakthrough for Ocean Winds, for KF Wind and for South Korea," said Grzegorz Gorski, Chief Operating Officer of Ocean Winds.
  • South Korea aims to generate 20 percent of its power from renewable sources by 2030, of which 12GW from offshore wind.

Prestige BioPharma Commences Construction of Innovative Discovery Center (IDC) in Busan, Korea

Retrieved on: 
Sunday, December 19, 2021

Prestige BioPharma Limited (PBP, 950210: KRX), a Singapore-based biopharmaceutical with operations in USA and South Korea, commences construction of Innovative Discovery Center (IDC) in Busan, South Korea.

Key Points: 
  • Prestige BioPharma Limited (PBP, 950210: KRX), a Singapore-based biopharmaceutical with operations in USA and South Korea, commences construction of Innovative Discovery Center (IDC) in Busan, South Korea.
  • The construction of IDC is scheduled for completion by February 2023.
  • IDC will be focusing on diverse first-in-class antibody biologics discovery starting from 8 bispecific antibody projects based on PBPs proprietary oncology therapeutic targets, PAUF and CTHRC1.
  • Hyeong-joon Park, Mayor of Busan City, commented: We are very excited to have a global scale bio-R&D center in Busan and work with a global leading bio-pharmaceutical company, Prestige Biopharma.