Hyundai Engineering & Construction

Ultra Safe Nuclear Corporation, Hyundai Engineering, & SK ecoplant Sign MOU for Clean Hydrogen Production

Retrieved on: 
Friday, April 21, 2023

This is a carbon-free hydrogen production method that extracts hydrogen by decomposing water with electricity generated from nuclear power.

Key Points: 
  • This is a carbon-free hydrogen production method that extracts hydrogen by decomposing water with electricity generated from nuclear power.
  • Through this, they plan to examine the establishment of a competitive hydrogen production system, and promote continuous research and development and verification for future hydrogen production and supply businesses.
  • SK E&C will establish a nuclear power-based hydrogen production system using Bloom Energy's SOEC and supply hydrogen production equipment.
  • It is also participating in a government-led green hydrogen production demonstration project, having been recognized for its unique technological capabilities in efficient hydrogen production.

Encina engages CTCI Americas for Pennsylvania circular manufacturing project

Retrieved on: 
Wednesday, April 19, 2023

Encina Development Group, LLC (“Encina”) today announced that U.S.-based CTCI Americas has joined Hyundai Engineering’s Front End Engineering Design team for its proposed Circular Manufacturing Facility in Point Township, Pennsylvania.

Key Points: 
  • Encina Development Group, LLC (“Encina”) today announced that U.S.-based CTCI Americas has joined Hyundai Engineering’s Front End Engineering Design team for its proposed Circular Manufacturing Facility in Point Township, Pennsylvania.
  • As Hyundai Engineering nears completion of its Front End Engineering Design service contract with Encina, it has engaged CTCI Americas (CTCIA), which has offices in Houston, Texas, and Phoenix, Arizona.
  • We look forward to working with Encina for engineering and construction of the Point Township Circular Manufacturing Facility Project.”
    Encina’s project is expected to support between 600 and 900 jobs during peak construction and 300 when fully operational.
  • For more information about the Encina Point Township Circular Manufacturing Facility, including frequently asked questions, please visit https://encinapointtownship.com/ .

Minister Champagne concludes visits to Japan and South Korea

Retrieved on: 
Friday, November 25, 2022

SEOUL, South Korea, Nov. 25, 2022 /CNW/ -Today, the Honourable Franois-Philippe Champagne, Minister of Innovation, Science and Industry, concluded a visit to Japan and South Korea, where he met with top business and industry leaders in key sectors, including clean tech, automotive, electric vehicle batteries and semiconductors.

Key Points: 
  • SEOUL, South Korea, Nov. 25, 2022 /CNW/ -Today, the Honourable Franois-Philippe Champagne, Minister of Innovation, Science and Industry, concluded a visit to Japan and South Korea, where he met with top business and industry leaders in key sectors, including clean tech, automotive, electric vehicle batteries and semiconductors.
  • In Japan, the Minister first visited Nagoya, where he toured Toyota Motor's Motomachi plant and met with the CEO of Toyota Tsusho.
  • In South Korea, Minister Champagne met with his counterpart, Lee Chang-yang, Minister of Trade, Industry, and Energy as well as with Dr. Wan Yoon Jong, Economic Security Advisor to South Korea's President.
  • South Korea is Canada's seventh-largest trading partner, seventh-largest merchandise export market and seventh-largest source of merchandise imports.

Westinghouse and Hyundai Engineering & Construction Explore Nuclear Energy Projects, Sign Strategic Cooperation Agreement

Retrieved on: 
Tuesday, May 24, 2022

Westinghouse Electric Company and Hyundai Engineering & Construction (E&C) signed a strategic cooperation agreement to jointly participate in global AP1000 plant opportunities.

Key Points: 
  • Westinghouse Electric Company and Hyundai Engineering & Construction (E&C) signed a strategic cooperation agreement to jointly participate in global AP1000 plant opportunities.
  • Yoon Young-Joon, CEO of Hyundai E&C said, "The Strategic Cooperation agreement enables Hyundai E&C to have an opportunity to demonstrate our exceptional engineering, procurement and construction capabilities applied to Westinghouse's AP1000 plant.
  • Also, Hyundais presence in the green energy sector is expected to grow by jointly participating in the global conventional nuclear power plant projects led by Westinghouse.
  • Over 135 years of innovation makes Westinghouse the preferred partner for advanced technologies covering the complete nuclear energy life cycle.

KBR Awarded Ethylene Technology Contract by Hyundai Engineering and Técnicas Reunidas for PKN ORLEN Olefins Complex

Retrieved on: 
Monday, August 9, 2021

HOUSTON, Aug. 9, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced today that it has been awarded a technology licensing contract by Hyundai Engineering and Tcnicas Reunidas for PKN ORLEN's Petrochemical Development Program in Plock, Poland.

Key Points: 
  • HOUSTON, Aug. 9, 2021 /PRNewswire/ --KBR (NYSE: KBR) announced today that it has been awarded a technology licensing contract by Hyundai Engineering and Tcnicas Reunidas for PKN ORLEN's Petrochemical Development Program in Plock, Poland.
  • Under the terms of the contract, KBR will provide technology license, basic engineering design, and proprietary equipment for its leading ethylene technology, Selective Cracking Optimum Recovery (SCORE), for PKN ORLEN's Olefins Complex III Project.
  • "KBR is privileged to be selected as the ethylene technology licensor for this ambitious project and contribute to PKN ORLEN's growth and sustainability objectives," said Doug Kelly, KBR President, Technology.
  • KBR has been a leader in olefins technology development, plant design for over 50 years.

DGAP-News: Hyundai Construction Equipment Signs Distributorship Agreement with NEFC to Enter East African Market

Retrieved on: 
Monday, February 22, 2021

- First-ever virtual distributorship agreement signed on Feb. 9

Key Points: 
  • - First-ever virtual distributorship agreement signed on Feb. 9
    SEOUL, SOUTH KOREA / ACCESSWIRE / February 22, 2021 / Hyundai Construction Equipment (HCE), an affiliate of the Hyundai Heavy Industries GROUP, announced that it would accelerate its forays into the East African market through the signing of a distributorship agreement with NEFC.
  • As such, NEFC is considered the most influential construction equipment dealer in East Africa.
  • "We expect to increase our market share in East Africa considerably by teaming up with NEFC, which is exerting a great influence there.
  • For his part, Mr. Hussain Al-Amoudi of NEFC expressed gratitude to HCE for coming up with the idea of signing the agreement online.

Hyundai Chief Legal Officer Jerry Flannery to Retire

Retrieved on: 
Tuesday, January 26, 2021

FOUNTAIN VALLEY, Calif., Jan. 26, 2021 /PRNewswire/ --W. Gerald (Jerry) Flannery, executive vice president and chief legal officer at Hyundai Motor America, will retire on March 1, following 34 successful years at the company.

Key Points: 
  • FOUNTAIN VALLEY, Calif., Jan. 26, 2021 /PRNewswire/ --W. Gerald (Jerry) Flannery, executive vice president and chief legal officer at Hyundai Motor America, will retire on March 1, following 34 successful years at the company.
  • Flannery joined Hyundai in 1987 as senior corporate counsel just two years after Hyundai established operations in the U.S. Flannery also served as the vice president, general counsel and was elevated to chief legal officer in 2003.
  • Prior to joining Hyundai, Flannery was a senior attorney in the office of the general counsel at Ford Motor Company.
  • Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

Hyundai Motor Group Develops Smartphone-based Digital Key

Retrieved on: 
Monday, March 4, 2019

SEOUL, South Korea, March 4, 2019 /PRNewswire/ --Hyundai Motor Group announced the development of a 'Digital Key', which allows users to unlock and start their Hyundai vehicle via their smartphone.

Key Points: 
  • SEOUL, South Korea, March 4, 2019 /PRNewswire/ --Hyundai Motor Group announced the development of a 'Digital Key', which allows users to unlock and start their Hyundai vehicle via their smartphone.
  • Replacing a traditional physical key, the new Digital Key can be downloaded via an app and used by up to four authorized people.
  • "The Digital Key will benefit a very wide range of future Hyundai customers, as well as enabling innovative new schemes for vehicle sharing," said Ho Yoo, Group Leader of Hyundai Motor Group's Electronics Development Group.
  • For more information on Hyundai Motor Group, please see:
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