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POSCO named ‘lighthouse factory’ by World Economic Forum

POSCO named ‘lighthouse factory’ by World Economic Forum

South Korea’s top steelmaker POSCO said Wednesday it has been named a “lighthouse factory,” by the World Economic Forum (WEF) for its efforts to drive innovation of the manufacturing sector. The WEF, an international organization for public-private cooperation, selects lighthouse factories twice a year that are considered front runners in applying fourth industrial revolution technologies. […]

POSCO to spend 1.1 tln won on fine dust reduction

POSCO to spend 1.1 tln won on fine dust reduction

POSCO, South Korea’s leading steelmaker, said Tuesday that it plans to spend some 1.1 trillion won (US$984 million) by 2021 to sharply reduce fine dust. Under the plan, some 700 billion won will be spent to remodel or newly build its 21 power-generating facilities for a sharp reduction of fine dust and other environmentally harmful […]

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