Doosan Heavy
Scope
Date
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Energy
Doosan Enerbility wins $210 mn S.Korean power plant deal
South Korea’s major power plant builder Doosan Enerbility Co. has bagged a 280 billion won ($209.6 million) contract to supply core equipment ...
Jan 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai launches 2024 Xcient Pro heavy truck model
South Korean auto giant Hyundai Motor Co. announced on Tuesday the launch of its updated heavy truck model, the '2024 Xcient Pro.' This new model i...
Jan 23, 2024 (Gmt+09:00)
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Regulations
Tech spies face tougher Korean penalties; 18 years in jail for overseas leaks
South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...
Jan 19, 2024 (Gmt+09:00)
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Pension funds
NPS picks tech, electronics as its favorite local stocks in 2023
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, picked information tech, electric and electronic s...
Jan 17, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s Hanwha Ocean quits money-losing container shipbuilding business
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...
Jan 08, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $1.5 bn order for FLNG
South Korea's shipbuilder Samsung Heavy Industries announced on Tuesday that it has secured an order for one floating liquefied natural gas (FLNG) p...
Jan 02, 2024 (Gmt+09:00)
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Corporate restructuring
Taeyoung files for debt workout; offers to sell stake in KKR JV
South Korea’s Taeyoung Group, saddled with 5.6 trillion won ($4.4 billion) in debt and loans it has guaranteed, filed for a debt workout progr...
Dec 28, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $240 mn order for two VLACs
South Korea's shipbuilder Samsung Heavy Industries Co. announced on Tuesday that it has won a 310.8 billion won ($240 million) order for two very la...
Dec 26, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics supplies baggage handling robots to Dutch Airport
South Korea's Doosan Robotics Inc. announced on Thursday its collaboration with Amsterdam Airport Schiphol and the Danish firm Cobot Lift. This part...
Dec 15, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics to expand cobot business in Europe
Doosan Robotics Inc., the robot-developing unit of South Korea’s Doosan Group, will supply collaborative robots to Amsterdam Airport Schiphol ...
Dec 14, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics eyes top spot in cobot market after Oct IPO
SUWON – South Korea’s Doosan Robotics Inc. is aiming for the top spot in the collaborative robot market excluding China, zooming in on t...
Dec 08, 2023 (Gmt+09:00)
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IPOs
EcoPro Materials, Doosan Robotics heat up Korean IPO market
South Korea’s initial public offering market is recovering as EcoPro Materials Co., Doosan Robotics Inc. and other newly listed jackpot shares...
Dec 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders slide to 2nd place after China in November orders
South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...
Dec 05, 2023 (Gmt+09:00)
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Supply chain
China’s urea halts raise specter of another logistics crisis in Korea
China has halted customs clearance on its exports of urea, a substance used to reduce carbon emissions in diesel vehicles, raising the prospect of a...
Dec 04, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan unveils hydrogen fuel cell systems for buildings
South Korea's Doosan Corp. on Friday announced the development of hydrogen polymer electrolyte membrane fuel cell (H2-PEMFC) systems for buildings a...
Dec 01, 2023 (Gmt+09:00)
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Construction
HD Hyundai taps RCE to go global with used heavy machinery
HD Hyundai Construction Equipment Co., the construction machinery provider under South Korean shipbuilding conglomerate HD Hyundai Group, will ventu...
Nov 29, 2023 (Gmt+09:00)
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Energy
Iljin Electric bags $333 mn high-voltage transformer deal in US
Iljin Electric Co. has won its largest-ever 431.8 billion won ($333.2 billion) order to supply high-voltage transformers to a US energy company, the...
Nov 28, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat to build new factory in Mexico
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...
Nov 08, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility secures contract for cask design from KHNP
South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...
Nov 02, 2023 (Gmt+09:00)
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Artificial intelligence
SK C&C AI diagnostic service checks Doosan Enerbility’s plants
SK C&C, a systems integration affiliate of South Korea’s SK Group, on Thursday said it will provide diagnostic services based on generativ...
Oct 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops container loss prevention device
South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...
Oct 17, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Big 3 Korean shipmakers all likely to log quarterly profit
South Korea’s three major shipbuilders are all poised to log quarterly surpluses for the July-September period and stay in the black for years...
Oct 16, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics launches collaborative robot SW platform
Doosan Robotics Inc. announced on Tuesday that it launched the software platform for collaborative robots, Dart Suite. Dart Suite enables the crea...
Oct 10, 2023 (Gmt+09:00)
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Machinery
Daedong wins $52 mn engine order from Doosan Bobcat
South Korea’s No. 1 agricultural machinery maker Daedong Corp. will supply multicylinder diesel engines to Doosan Bobcat Inc. for five years, ...
Oct 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Doosan Robotics looks for M&A targets post-IPO: CEO
When Ryu Junghoon was tapped as chief executive of Doosan Robotics Inc. two years ago, he vowed to turn the young robot-making company into an indus...
Oct 04, 2023 (Gmt+09:00)
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IPOs
Doosan Robotics attracts $24.8 billion from retail investors in IPO deposits
Doosan Robotics Inc., a unit of South Korea’s Doosan Group, has attracted billions of dollars from retail investors in subscription deposits f...
Sep 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to supply methanol engines to Japanese shipmaker
South Korea's HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in th...
Sep 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...
Sep 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy, Pan Ocean to co-develop digital solutions
South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...
Sep 19, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility, KWP to advance power generation tech
South Korea's heavy industrial company Doosan Enerbility Co. and the government-owned Korea Western Power Co. (KWP) will jointly streamline domestic...
Sep 19, 2023 (Gmt+09:00)
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