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Tag: Posco

POSCO Group implements CCS business in Malaysia

POSCO Holdings signed a memorandum of understanding with POSCO International, POSCO E&C, and PETROS on a carbon capture and storage (CCS) project using depleted...

DSME held a naming ceremony for dual-fuel VLCCs

Daewoo Shipbuilding & Marine Engineering held a simultaneous naming ceremony for two dual-fuel VLCCs equipped with LNG fuel tanks made of high manganese steel for the first time in the world.

Rio Tinto signs an MOU with POSCO

Rio Tinto and POSCO have signed a Memorandum of Understanding (MoU) to jointly explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain.

POSCO rolled the first bar on KOCKS RSB 5.0

The Korean special steel maker POSCO has successful commissioned its bar mill #2 incorporating a Reducing & Sizing Block (RSB®) 370++/5 in 5.0 design by Friedrich KOCKS GmbH & Co KG.

POSCO appoints Moon-Ki Chung as Chairman of the Board

At POSCO’s 52nd AGM and board meeting, the company elected outside director Moon-Ki Chung as chairman of the board. Since 2006, POSCO has been appointing board chairman from outside directors.

POSCO CEO new VP of WSA

World Steel Association (WSA) announced POSCO CEO Ohjoon Kwon as their new vice chairman during their annual meeting on October 17.

POSCO signs MOU to develop titanium industry

POSCO has recently signed an MOU (Memorandum of Understanding) with North Gyeongsang province and Pohang city to develop the titanium industry in South Korea.

ABB to replace twin DC motors in Korea

ABB has recently won a contract to replace twin DC motors and associated drives with newer AC motor and drive technology on a hot rolling mill at POSCO’s Pohang Works in Korea.

POSCO orders new Paul Wurth BLT system

POSCO will be executing the third reline of their No. 3 Blast Furnace at Pohang works in Korea in February 2017.

POSCO partners with Geumgang to develop water reservoir

POSCO, a multinational steel-making company headquartered in Pohang, South Korea, signed a memorandum of understanding with Geumgang, a South Korean manufacturer of stainless steel water tanks and water pipes, on co-development and structure analysis of stainless steel water tanks for large-scale water reservoirs. Photo courtesy of POSCO The existing large-scale water reservoirs are made of concrete, causing problems such as water leakage due to cracks and an unsanitary water supply environment.