Construction and Engineering
Company Overview of POSCO Engineering & Construction Co., Ltd.
POSCO Engineering & Construction Co., Ltd. provides engineering and general construction services in South Korea and internationally. The company offers strategic business planning, design, construction, and test-run services. It engages in the construction of steel, energy, chemical, and water treatment and environmental plants; civil infrastructure covering road, railway, port, new transit, ground making, and leisure/golf course projects; and urban development and architectural projects, such as commercial and residential facilities. The company also provides various services, including compression/tension, heat fatigue, thermal flow, and logistics analysis services for plants; civil engin...
Founded in 1994
Key Executives for POSCO Engineering & Construction Co., Ltd.
Managing Director and President of China Construction Corporation
Director of Global Marketing Division
Chief of Human Resource Department and Managing Director
Compensation as of Fiscal Year 2013.
POSCO Engineering & Construction Co., Ltd. Key Developments
POSCO Engineering & Construction Co., Ltd. Reports Earnings Results for the Year Ended December 31, 2013
Feb 25 14
POSCO Engineering & Construction Co., Ltd. reported earnings results for the year ended December 31, 2013. For the period, the company reported sales of KRW 8,028,269 million compared to KRW 7,041,300 million a year ago. Net income was KRW 98,714 million compared to KRW 346,107 million a year ago. Profit for the period of KRW 144,888 million compared to KRW 278,566 million. Cash flows from operating activities was KRW 40,815 million compared to cash flows used in operating activities of KRW 16,465 million a year ago.
POSCO E&C Wins Ho Chi Minh City Sewage Treatment Plant Project in Vietnam
Feb 4 14
POSCO E&C announced on January 26 that it had won the second-stage project for a sewage treatment plant in Ho Chi Minh City, Vietnam, as awarded by the Ho Chi Minh City Department of City Construction and Investment, Vietnam. The total project volume is USD 120 million (KRW 130.5 billion) with POSCO E&C's share estimated at USD 70 million (KRW 74 billion). The timescale of construction will be 54 months. The second-stage project was pushed ahead after it was found that the existing 141,000-ton capacity plant was incapable of treating wastewater discharged from the increasing number of residents in Ho Chi Minh City, which has grown into the economical capital of Vietnam. POSCO E&C, OTV and Hitachi will share the project by 57%, 32% and 11% respectively.
Samsung Engineering Co, Korea Electric Power Corp and Posco Engineering & Construction Co to Build 540 MW Plant in Chile
Nov 21 13
Samsung Engineering Co, Korea Electric Power Corp. and Posco Engineering & Construction Co are competing to build a 540 MW gas plant that will supply the Escondida copper mine in Chile. The plant, dubbed Kelar, was proposed by Escondida's owner BHP Billiton which in 2012 revised the project and decided to use gas instead of coal. The plant should be ready in 2017.
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