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Near the end of 2021 the world was grappling with surging energy prices as Russia threatened to turn off gas pipelines to European countries over geopolitical tensions regarding Ukraine. Gas prices, which seemed to have been stabilizing at the beginning of the year, are again showing signs of accelerating

Construction of South Korea’s largest cryogenic cold chain logistics center will begin in the first half of 2022 in Songdo, an international business district built on reclaimed land in the western port city of Incheon. Investors aim to nurture the center as an Asian cold chain hub targeting China

BUSAN, Oct. 28 (Korea Bizwire) — A cryogenic logistics center using liquid natural gas (LNG) cold heat will be set up in the southern port city of Busan. EMP Belstar, a U.S.-based cold chain logistics centers operator, on Wednesday signed a business agreement with the Busan metropolitan government and

Korea Superfreeze Co., 24.95% owned by Goldman Sachs PIA, will spend 2.5 trillion won ($2.2 billion) in building six cold storage facilities in South Korea this year, part of which the private equity firm will finance, according to sources with knowledge of the matter on Apr. 26. More