[News Space=Reporter seungwon lee] An unprecedented situation has unfolded: Chairman Cho Hyun-beom of Hankook Tire & Technology has been arrested again. This marks the second time the owner of Korea's leading tire group has been sentenced to prison, having previously been sentenced in 2019 and again in May 2025. This ruling has gone down in history as a representative example that quantitatively and qualitatively demonstrates the "total failure" of the Korean conglomerate system and the chronic vulnerabilities of the country's corporate governance structure. This incident is considered a s
[News Space=Reporter seungwon lee] Lee Ha-neul, the ambassador of Kolon Sport, a division of Kolon Industries FnC (hereafter Kolon FnC), achieved the women's FKT (Fastest Known Time) by solo hiking the approximately 780km Colorado Trail that runs through the Rocky Mountains of Colorado, USA, using a lightweight fast hiking method. FKT is a record-breaking race to complete a trail in the fastest time, and is part of the long-distance hiking culture. Kolon Sport has selected 12 brand ambassadors, including alpinists, polar experts, long-distance hikers, and trail runners, and is supporting their
[News Space=Reporter seungwon lee] Among domestic airlines operating at domestic airports in the first half of 2025, Air Seoul, a low-cost carrier (LCC) affiliate of Asiana Airlines, recorded the highest delay rate. It proudly(?) took the top spot as the tardiness king for both domestic and international flights. The Ministry of Land, Infrastructure and Transport classifies flights that depart or arrive at the gate more than 15 minutes later than the scheduled time stated on the ticket as "delayed." According to official statistics released by the Ministry of Land, Infrastructure and Transport
[News Space=Reporter seungwon lee] Celltrion announced on the 29th that it has been selected as the preferred bidder for the acquisition of a biopharmaceutical production plant located in the United States, beating out two global companies, and is now on the verge of securing a production base in the United States. The plant Celltrion is pursuing for acquisition is a large-scale cGMP production facility for active pharmaceutical ingredients (DS) owned by an undisclosed global pharmaceutical company. Located in a major pharmaceutical industry cluster in the United States, the facility has been
[News Space=Reporter seungwon lee] In 2025, the global chemical industry is facing an increasingly fierce competition between transformation, technological innovation, and eco-friendly future strategies of large corporations amidst a stagnant global economy and the whirlwind of restructuring. According to the "2025 Global Chemical Company Rankings" released in July by C&EN, an affiliate of the American Chemical Society, Korea's LG Chem ranked 7th and Lotte Chemical 24th, placing them among the top 50 global chemical companies. This means they have joined the "top 0.1% club" among thousands