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Celltrion announces biosimilars exempt from US drug tariffs, expects increased demand and plans 75,000-liter capacity expansion at New Jersey facility as Trump administration's pharmaceutical policy drives domestic production requirements for both finished products and active ingredients.
Saturday, January 17, 2026
Zelensky announces arrival of 'serious' air defense package as deepening Ukraine energy crisis prompts easing of curfew rules -- Navy confirms major damage to Russian drone factory after joint operation with SBU -- Inside Ukraine's AWOL and desertion crisis -- France replaces US as main intelligence provider to Kyiv ... and morehttps://activitypub.writeworks.uk/2026/01/saturday-january-17-2026/
Kumho Mitsui Chemicals will invest 140 billion won ($107 million) to boost its MDI production capacity by 100,000 tons, aiming for 710,000 tons annually and targeting higher sales and profitability amid global market uncertainty.
SK On and EVE Energy will swap stakes worth about 400 billion won ($295 million) in their Chinese battery joint ventures, with SK On gaining full control of SKOJ and EVE Energy taking full ownership of EUE, as part of a portfolio rebalancing strategy.
Samsung Biologics Co. set a new record with annual orders reaching 5.5193 trillion won ($4.13 billion), surpassing last year's total in just 10 months, driven by expanded global contracts and increased production capacity.
Samsung Epys Holdings, spun off from Samsung Biologics, officially launched as a bio investment holding company, aiming to drive growth through new biotech subsidiaries and aggressive R&D, while Samsung Biologics shifts to a pure-play CDMO model with expanded production capacity and global client base.
Hyundai Engineering & Construction has completed South Korea's first commercial clean hydrogen plant in Buan, aiming to produce over 1 ton of green hydrogen daily from next year.