Tag: South Korea
SeAH Changwon commissions extrusion press line
SeAH Changwon Integrated Special Steel (SeAH CSS) in South Korea has commissioned the tube extrusion press line which SMS group supplied in a record time.
Riser platform construction started
The riser platform construction start was marked recently at the Samsung Heavy Industries yard in South Korea. Project director for Johan Sverdrup Kjetel Digre (from right), project manager for the riser platform and the processing platform Ståle Nordal and head of Samsung Heavy Industries’ offshore division Younsang Won led the formal celebration of the construction start in South Korea.
WELTEC BIOPOWER erects biogas plant in South Korea
In October 2015, the construction work for an anaerobic digestion plant from German manufacturer WELTEC BIOPOWER started in South Korea.
Vestas wins 26MW project in South Korea
Vestas has received a firm and unconditional order for 13 V100-2.0MW turbines for a wind power plant in South Korea’s northeastern Gangwon Province.
Ceará steel plant creates jobs
A Brazilian steel giant Vale and two South Korean joint venture partners revealed the investment plan for the construction of Latin America's largest steel plant in the port area Pecém, Ceará.
FuelCell signs agreement with POSCO Energy
FuelCell Energy, Inc. has announced the execution of a series of strategic initiatives with its South Korean partner, POSCO Energy, to expand the market for stationary fuel cell power plants in Asia The agreement includes a license agreement for POSCO Energy to manufacture Direct FuelCell® (DFC®) power plants in South Korea and sell throughout Asia.
Atwood receives drilling contract
Atwood Oceanics, Inc. has announced that one of its subsidiaries has been awarded a drilling services contract by a subsidiary of Noble Energy Inc. for a worldwide program in the Eastern Mediterranean.
South Korean producers cut use of domestic wire ro
South Korean producers of stainless steel wire are decreasing their use of domestic wire rods due to an increasing price gap between domestic materials and imported products. According to stainless wire industry officials, the import prices for foreign 300 series stainless steel wire rods
Shell to move forward with Floating LNG
The Board of Royal Dutch Shell plc (Shell) has made the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia; the company will build the world's first FLNG facility. Moored some 200km from the closest land in Australia, the FLNG facility will produce gas from offshore fields
POSCO to expand capacity in South Korea
POSCO approved a USD 1.98 billion investment plan at its shareholders' meeting. The investment is for the construction of its third FINEX blast furnace, a No. 4 wire rod plant and a new stainless steel plant. Building the third FINEX blast furnace will improve its competitiveness, while constructing the No. 4 wire rod plant will allow the company to meet the rising demand for wire rod.
