South Korea

SHERIDAN, WYOMING - December 10, 2025 - SK Chemicals is moving to secure full control over its circular plastics value chain by vertically integrating feedstock sourcing through a new joint venture and Feedstock Innovation Center (FIC) in China, positioning its depolymerization-based chemical recycling business for stronger cost competitiveness and supply stability across Asia-Pacific.

From Depolymerization Pioneer to Fully Integrated Circular Plastics Player

SK Chemicals has signed a joint venture agreement with Shaanxi-based recycler Kelinle to build the Feedstock Innovation Center, a dedicated facility for processing waste plastics into recycled raw materials. Located on an idle 13,200 m² site in Weinan, Shaanxi Province, the FIC will convert end-of-life plastics into PET pellets that feed SK Chemicals' depolymerization process.

SHERIDAN, WYOMING - December 10, 2025 - Hanwha Finance is sharpening its Middle East growth agenda as Chief Global Officer Dong-Won Kim used his opening address at Abu Dhabi Finance Week's Global Markets Summit to position South Korea-UAE financial collaboration as a long-term strategic pillar for both economies and a testbed for next-generation digital capital markets.

Strengthening a Korea-UAE "100-Year Partnership" Through Finance

Speaking in Abu Dhabi, Kim framed financial services as the connective tissue that will turn high-level Korea-UAE diplomacy into investable projects and new cross-border capital flows. He noted that "since the establishment of diplomatic relations in 1980, South Korea and the UAE have continuously expanded the scope of cooperation", and stressed that Hanwha Finance intends to help carry forward a "100-year partnership" between the two nations.

SHERIDAN, WYOMING - November 28, 2025 - Beyless, a Seoul-based mobility software technology company, has secured Automotive SPICE (ASPICE) Capability Level 2 (CL2) certification for its vehicle system software, underscoring its readiness to meet the stringent quality expectations of global automotive OEMs and Tier-1 suppliers.

ASPICE CL2 as a Quality Benchmark for Automotive Software

ASPICE CL2 is an international process assessment model that validates whether software development is carried out in a systematic and consistent way across the entire lifecycle. For automotive OEMs and Tier-1s, ASPICE has effectively become a de-facto prerequisite for collaboration, especially in complex domains such as in-vehicle infotainment and connected mobility platforms.