Orion, a leading confectionary company, experienced a more than a 20 percent fall in its stock price, after the firm decided to expand into the biotech industry.
Local securities firms have raised the outlook for Nongshim on the back of its soaring instant noodle sales in the United States and other overseas markets, according to analysts, Monday.
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LG Chem has plans to develop South Korea’s first super critical pyrolysis plant as well as an aerogel plant in Chungnam. With this investment, the firm aims to work towards the concept of building a plastic circular economy and developing future green materials.
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