SEOUL, Dec. 12 (Korea Bizwire) — Hyundai Engineering Co. has partnered with the Korea Atomic Energy Research Institute (KAERI) to cooperate in exports of small modular reactors (SMRs), which are more advanced and cost efficient than conventional nuclear plants, according to the company Tuesday. Under the memorandum of understanding (MOU) signed Monday, Hyundai will handle [...]
SEOUL, June 28 (Korea Bizwire) — Hyundai Engineering unveiled Korea’s first AI plastering robot at Automatica 2023 in Munich, Germany, in collaboration with Roboblock System. The robot automates floor plastering tasks by precisely measuring concrete surfaces with a 3D scanner and using motors with plastering blades to smooth uneven areas. Deployment of the robot [...]
SEOUL, June 28 (Korea Bizwire) — Hyundai Engineering Co. said Tuesday it held a completion ceremony for South Korea’s tallest modular apartment building, located in Yongin, Gyeonggi Province. Modular buildings are constructed by pre-producing primary construction materials in a factory and assembling them on-site. The 13-story building comprises 106 homes. According to the Building Act, [...]
SEOUL, Aug. 25 (Korea Bizwire) — Hyundai Engineering Co. on Tuesday (local time) held a special ceremony to celebrate the completion of a water purification plant in the Democratic Republic of the Congo. This project involved the construction of a water purification plant with a capacity of processing 35,000 tons of water per day and [...]
SEOUL, June 10 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, has launched a new venture to build processing plants for strategic minerals such as rare earth elements. The company said Thursday it had signed a a front-end engineering and design (FEED) deal with Australia’s rare earth production firm [...]
SEOUL, June 6 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, has announced the development of a Smart Parking Address Tool (SPAT), an automatic parking navigation service that detects the location of a driver’s car within an apartment complex and notifies the driver. The company combined Hyundai Engineering & [...]
SEOUL, March 6 (Korea Bizwire) — Hyundai Engineering Co. said Sunday it has received a front-end engineering and design (FEED) deal to build a plastic waste processing plant in the United States. Hyundai Engineering obtained the FEED deal from Encina Development Group to process plastic waste into 150,000 tons of circular chemicals products a year, [...]
SEOUL, Jan. 11 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, said Tuesday it has secured a deal to construct micro modular nuclear reactors (MMR) for a U.S. developer of the next-generation nuclear energy. Hyundai Engineering said it has agreed to invest US$30 million in Ultra Safe Nuclear Corporation [...]
SEOUL, Jan. 7 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, is making forays into the high-purity hydrogen production business using ammonia, which is widely seen as a next-generation eco-friendly raw material. The company said Thursday that it had signed an investment agreement with local startup AAR to promote [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, is making a foray into the high-purity clean hydrogen production business using waste plastics as resources, as part of efforts to diversify its business towards eco-friendly energy production. The company announced on Tuesday that it will step into [...]