By Diplomacy Journal Lee Kap-soo POSCO International, led by CEO Lee Kye-In, is creating a success story of win-win management by helping Korean small and medium-sized enterprises (SMEs) and venture companies expand internationally. The company is not only funding these companies but also supporting them by facilitating export contracts with overseas buyers through its global network and infrastructure. A significant success this year is the support provided to ‘Green Whale Global,’ a startup that produces and sells bio-biodegradable plastic resin made from cassava starch, in its export effort
By Diplomacy Journal Lee Kap-soo POSCO International’s palm business has become a major source of revenue for the company, with sales of USD 163.6 million (approximately KRW 213.8 billion) and operating profit of USD 52.56 million (approximately KRW 68.6 billion) last year. Since beginning its farm plantation development in Papua, Indonesia, in 2011, the company started commercial production in 2016 and is on the right track, achieving its largest production volume of 208,000 tons in 2023. Its PT.BIA corporation, the locally established company to run the farm business, turned profitable in 20