SEOUL, Aug. 6 (Korea Bizwire) — President Lee Jae-myung on Wednesday ordered a sweeping investigation and potential punitive measures against POSCO E&C, following a series of fatal industrial accidents at the company’s worksites this year. Speaking after yet another serious accident at a POSCO E&C construction site left a worker unconscious earlier this week, President [...]
SEOUL, Aug. 5 (Korea Bizwire) — The head of POSCO E&C, the construction arm of South Korea’s leading steelmaker POSCO Group, tendered his resignation Tuesday, taking responsibility for a string of fatal industrial accidents. POSCO E&C President and Chief Executive Officer (CEO) Jeong Hee-min said he felt a deep sense of responsibility for repeated fatal [...]
SEOUL, July 29 (Korea Bizwire) — POSCO E&C’s chief executive publicly apologized on Tuesday following a series of fatal industrial accidents at company construction sites, drawing sharp rebuke from President Lee Jae-myung, who likened the repeated deaths to “murder by willful negligence.” At a press conference held at the company’s headquarters in Incheon’s Songdo district, CEO [...]
SEOUL, Oct. 27 (Korea Bizwire) – POSCO E&C announced on Thursday that it had developed a multi-layer welding automation engineering technology for application in steel bridge construction. This new process, developed in collaboration with POSCO, allows for precise adjustments of electric current, voltage, welding speed, and type, based on the type and thickness of the steel [...]
SEOUL, Oct. 20 (Korea Bizwire) – POSCO E&C announced on Thursday the development of RE:CO Soil, an eco-friendly landscaping soil conditioner made from coffee waste. When coffee is produced using coffee grounds, 99.8 percent of coffee beans end up as waste. The process of burying and incinerating this waste generates carbon emissions. Consequently, there is a growing [...]
SEOUL, Sept. 19 (Korea Bizwire) — South Korean builder POSCO E&C Co. said Tuesday it will seek to sharply boost its corporate value over the next 12 years by shifting to a new eco-friendly growth strategy. POSCO E&C, the construction arm of South Korea’s top steelmaker POSCO Holdings Inc., said it is targeting to register [...]
SEOUL, Sept. 27 (Korea Bizwire) – POSCO Engineering & Construction Co., the construction arm of South Korea’s leading steelmaker, POSCO, said Monday it had developed a botanical garden café called Plantrium for apartment complexes. Plantrium is a multi-leisure space where users can enjoy views of the botanical garden while eating salad and drinking tea. Unlike [...]
SEOUL, Aug. 3 (Korea Bizwire) — POSCO Engineering & Construction Co., the construction arm of South Korea’s leading steelmaker, POSCO, said Tuesday it has developed an eco-friendly concrete mold made with plastic scraps and slag. The mold was created jointly with Iomtek, a POSCO E&C subsidiary, and comes in the shape of a board that [...]
SEOUL, Feb. 24 (Korea Bizwire) — POSCO Engineering & Construction Co., the construction arm of South Korea’s leading steelmaker POSCO, said Wednesday it had developed an apartment ventilation system designed to enable management of air quality for each of an apartment’s rooms and featuring a negative pressure function. Existing apartment ventilation systems remove fine dust [...]
SEOUL, May 18 (Korea Bizwire) — POSCO Engineering & Construction Co., the construction arm of South Korea’s leading steelmaker, POSCO, will team up with a small and medium-sized company to develop technologies that can drastically reduce dust generation, a major headache at construction sites. The company held an agreement ceremony on Friday with Hyundai Fine [...]