HHIH SIGNS HYDROGEN PROJECT DEAL WITH SAUDI ARAMCO

Highlights –

• HHIH sings hydrogen project deal with Saudi Aramco.
• Hyundai Oilbank Co. will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen.
• Hyundai Oilbank will be provided with blue ammonia.
• ...

S. KOREAN SHIPBUILDERS HAVE INCREASED ORDER TARGETS BY 40% IN 2021

Highlights –

• S. Korean shipbuilders have increased order targets by 40% in 2021.
• KSOE set an annual combined order target of its three units at US$14.9 billion in 2021.
• Samsung Heavy Industries Co. aims to win new orders worth $7.8 bi...

DOOSAN HEAVY DECIDED TO SELL 35% OF ITS STAKE IN DOOSAN INFRACORE

Highlights –

• Doosan Heavy decided to sell 35% of its stake in Doosan Infracore.
• Doosan Heavy will sell its stake for $757 million to Hyundai heavy Industries Holdings Co.
• Doosan Heavy disposed of 76 million shares of its construction ...

DOOSAN INFRACORE REPORTS AN INCREASE IN SALES OF ITS CONSTRUCTION EQUIPMENT IN 2020

Highlights –

• Doosan Infracore reports an increase in sales of its construction equipment in 2020.
• The sales increased by 18 percent in 2020.
• The company is said to have sold 4,000 units of construction equipment, like excavators and w...

HYUNDAI ROBOTICS TIES UP WITH KFC KOREA TO STIR-FRY CHICKEN DELICACIES UTILIZING ROBOT CHEFS

• Hyundai Robotics said Friday it has teamed up with fried chicken franchise KFC Korea to automate the chicken cooking process.
• Under the initial deal with KFC Korea, Hyundai Robotics, a subsidiary unit of global shipbuilding giant Hyundai Heavy Industries Holdings (HHIH), will d...