SEOUL, Dec. 23 (Korea Bizwire) – POSCO Engineering, a subsidiary of steel mill giant POSCO, won a bid to construct a clean room facility worth US$123 million in Thailand. The company announced on December 22 that it received a letter of agreement for the construction of a clean room from world famous hard drive manufacturer Seagate. [...]
SEOUL, Nov. 27 (Korea Bizwire) – POSCO Engineering announced that it won an engineering, procurement and construction management (EPCM) contract to build a precious metal extraction plant in Chile. Although the contract amount is only US$30 million, it is noteworthy as it is the first time that a Korean firm participates in the metal extraction plant [...]
SEOUL, Oct. 2 (Korea Bizwire) – Korea EximBank said on October 1 that it would make a US$7.15-million investment in a hydroelectric power generation project on the Semangka River in Indonesia. The project is currently undertaken by the POSCO Engineering consortium.Including loans and guarantees, the state-run bank will support a total of $132.9 million in a project financing deal. [...]