Pioneering Clean Energy: HD Hyundai Oilbank’s New Biodiesel Plant

HD,Hyundai,Oilbank,Biodiesel,Innovation

HD Hyundai Oilbank has announced the commencement of its dedicated biodiesel production facility located at the Daesan Plant in South Chungcheong, marking a significant stride towards its transformation into a clean energy enterprise. The new facility sprawls over 40,000 square meters and aims to produce an impressive 130,000 tons of biodiesel annually. Biodiesel, crafted from … 더 읽기

Revolutionizing Bioengineering: The Convergence of AI and Emerging Technologies

Bioengineering,Bioplastics,AI,Biotechnology,Bioplastics,Cosmetics

On April 18, at the Changwon Convention Center, the 2024 Spring Academic Conference of the Korean Society of Biotechnology highlighted the impressive research achievements of emerging scholars in fields as diverse as AI-driven protein design, bioplastics, and bioprinting. Dr. Shin Ki-young of the Korea Chemical Research Institute shared insights into his research on microbes that … 더 읽기

Legal Battles Over Taxation on Affiliate Points: Lotte Shopping’s Ongoing Struggle

Legal,Lotte Shopping,Tax Controversy,Implications,Dispute

Lotte Shopping has found itself in a legal battle with South Korean tax authorities, centering on the taxation of purchases made using affiliate-earned points. The retail giant argues that the value redeemed through these points should not be subjected to the additional burden of value-added tax (VAT). In a significant move, Lotte Shopping initiated legal … 더 읽기