- In 2021, Huntsman Corporation, the woodlands chemical-maker and a polyurethanes producer in Korea, KPX Chemical, announced a joint venture named KPX Huntsman Polyurethanes Automotive Co. This joint venture will produce and offer polyurethane to Korean automakers from a specialty polyurethane production family in Ulsan, South Korea.
- In 2021, a major chemical-based company in South Korea, Lotte Chemical announced manufacturing materials used in electric vehicle batteries via the manufacturing electrolyte organic solvent by high-purity ethylene oxide facilities and expanded the manufacturing units.
