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Hyundai E&C Wins US$727 mln Deal to Build Power Plant in Indonesia

Hyundai E&C Wins US$727 mln Deal to Build Power Plant in Indonesia

SEOUL, Nov. 23 (Korea Bizwire) - Hyundai Engineering & Construction Co., a South Korean builder, said Monday that it has won a US$727 million deal to build a power station in Indonesia. The deal signed with CEPR, a local energy facility operator, called for Hyundai E&C along with Hyundai Engineering Co. to build a 1,000-MW coal-fired [...]

Hyundai E&C Develops Software Program to Optimally Design Building Exterior

Hyundai E&C Develops Software Program to Optimally Design Building Exterior

SEOUL, Dec.3 (Korea Bizwire) – Hyundai Engineering & Construction said on December 2 that it has developed a software program to design the exterior of a building in an optimal way in terms of cost and energy efficiency. The architectural design program can allow designers to compare a myriad of alternative plans when choosing insulation materials and glass [...]

Construction Contractors Complain of Excessive Penalties for Project Collusion

Construction Contractors Complain of Excessive Penalties for Project Collusion

SEOUL, June 26 (Korea Bizwire) –As the Fair Trade Commission pressures the construction contractors ever harder for colluding in biddings, the total bill for penalties for the past two years has surpassed 450 billion won. Accordingly, some contractors with poor results this year had to pay fines in excess of their profits. According to construction industry [...]

Hyundai Construction Develops New “Grouting” Technique

Hyundai Construction Develops New “Grouting” Technique

SEOUL, Korea, Feb 7 (Korea Bizwire) – Hyundai Engineering & Construction Corp. said on February 5 that it has introduced an “intelligent multi-grouting system” capable of grouting in multiple locations at the same time. Grouting is a construction technique used in almost all construction sites to embed rebars in masonry walls, connect sections of pre-cast concrete, fill [...]