Hyundai Oilbank

Emerson Chosen as Automation Partner for World’s Largest Hydrogen Refueling Station for Commercial Vehicles

Retrieved on: 
Thursday, December 1, 2022

Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emersons (NYSE: EMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the worlds largest hydrogen refueling station for commercial vehicles.

Key Points: 
  • Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emersons (NYSE: EMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the worlds largest hydrogen refueling station for commercial vehicles.
  • The JeonjuPyeonghwa Hydrogen Refueling Station is the first of 35 high-capacity gas and liquid hydrogen refueling stations KOHYGEN plans to construct across Korea by 2025.
  • To further lay the foundation for a stable hydrogen supply chain, Emerson and KOHYGEN are collaborating on technical standards for future high-capacity commercial refueling stations and similar projects.
  • Emerson (NYSE: EMR) is a global technology and software company providing innovative solutions for the worlds essential industries.

Palantir Technologies and Hyundai Heavy Industries Group Grow Partnership to +$45M with Expansion into Shipbuilding

Retrieved on: 
Tuesday, September 20, 2022

Palantir Technologies Inc. (NYSE:PLTR) today announced a major expansion of its partnership with South Koreas Hyundai Heavy Industries Group by bringing Palantir Foundry to additional companies within the conglomerate.

Key Points: 
  • Palantir Technologies Inc. (NYSE:PLTR) today announced a major expansion of its partnership with South Koreas Hyundai Heavy Industries Group by bringing Palantir Foundry to additional companies within the conglomerate.
  • Korea Shipbuilding & Offshore Engineering (KSOE) will utilize the Palantir Foundry operating system across its shipbuilding subsidiaries Hyundai Heavy Industries Co, Hyundai Samho Heavy Industries, and Hyundai Mipo Dockyard in order to advance the Future of Shipyard vision.
  • This expansion, valued at $20M over 5 years, deepens Palantir's partnership with Hyundai Heavy Industries Group and helps with the digital transformation of South Korea's storied shipbuilders.
  • We will change the way we work by working with Palantir Technologies, said Taejin Lee, CDO of HHI Group.

DL E&C to Develop Global CCUS Business Models

Retrieved on: 
Thursday, March 10, 2022

DL E&C (KRX:375500), a leading company specializing in EPC in South Korea, expands business to the area of utilizing carbon.

Key Points: 
  • DL E&C (KRX:375500), a leading company specializing in EPC in South Korea, expands business to the area of utilizing carbon.
  • The agreement was signed at the DL E&C's headquarters in the presence of JiWhan Ahn, Director of Carbon Mineralization Flagship Center in KIGAM and Jason Jaehyung Yoo, Vice President for Head of CCUS Office at DL E&C.
  • Under the agreement, both organizations aim to develop new business models by commercializing research and development (R&D) outcomes in carbon capture, utilization and storage (CCUS).
  • Since last year, DL E&C is concentrating capabilities on CCUS-related businesses to implement ESG (environment, society and governance) management and develop new growth engines.

Danimer Scientific and Hyundai Oilbank Collaborate on Driving Global Growth of PHA and Sustainable Alternatives to Traditional Plastic Products

Retrieved on: 
Wednesday, January 26, 2022

Over time, the companies aim to drive global growth opportunities for PHA manufacturing.

Key Points: 
  • Over time, the companies aim to drive global growth opportunities for PHA manufacturing.
  • Stephen E. Croskrey, Chairman and Chief Executive Officer of Danimer, said, The environmental impact of plastic waste affects the entire planet, and it will take global cooperation to address this crisis.
  • We can reduce environmental pollution by replacing traditional plastics with biodegradable polymers and were excited to partner with Danimer Scientific on this important and transformational work.
  • Danimer is a pioneer in creating more sustainable, more natural ways to make plastic products.

Palantir Technologies to Expand in South Korea

Retrieved on: 
Wednesday, January 5, 2022

HHI Group will provide the affiliates process expertise and sales know-how whereas Palantir will offer software and development personnel.

Key Points: 
  • HHI Group will provide the affiliates process expertise and sales know-how whereas Palantir will offer software and development personnel.
  • HHI Group and Palantir Technologies are also planning to consider building a platform for other affiliates, such as Hyundai Construction Equipment.
  • These statements may relate to, but are not limited to, Palantir Technologies expectations regarding the terms and the expected benefits of the partnership and the expected benefits of Palantir Technologies software platforms.
  • These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir Technologies control.

Hyundai Heavy Industries Group to establish big data platform for its core businesses in partnership with Palantir Technologies

Retrieved on: 
Wednesday, January 5, 2022

LAS VEGAS, Jan. 5, 2022 /PRNewswire/ -- Hyundai Heavy Industries (HHI) Group will build a big data platform for the Group's core businesses, including shipbuilding and offshore engineering, in partnership with Palantir Technologies Inc., the world's best American big data analytics company.

Key Points: 
  • LAS VEGAS, Jan. 5, 2022 /PRNewswire/ -- Hyundai Heavy Industries (HHI) Group will build a big data platform for the Group's core businesses, including shipbuilding and offshore engineering, in partnership with Palantir Technologies Inc., the world's best American big data analytics company.
  • The event was attended by Kisun Chung, CEO of Hyundai Heavy Industries Holdings; Young-cheul Cho, CEO of Hyundai Doosan Infracore; Seok Cho, CEO of Hyundai Electric; as well as chief executives from Palantir Technologies.
  • HHI Group and Palantir Technologies are also planning to consider building a platform for other affiliates, such as Hyundai Construction Equipment.
  • Kisun Chung, CEO of Hyundai Heavy Industries Holdings, said, "We expect that this partnership with Palantir Technologies will substantially improve the competitiveness of core businesses of the Group.

HHI Group to Present Smart Shipping Mobility at CES Debut in 2022

Retrieved on: 
Monday, December 20, 2021

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8998251-hhi-group-smart-shipping...

Key Points: 
  • Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8998251-hhi-group-smart-shipping...
    HHI Group, which includes the world's largest shipbuilder Hyundai Heavy Industries, will offer a glimpse into the future of shipping mobility, with emphasis on autonomous navigation.
  • Its booth will present cutting edge industrial machinery, merging AI with robot technology and introduce its vision into the future in the field of energy.
  • HHI Group's booth will feature:
    Avikus is HHI Group's in-house venture specializing in developing autonomous navigational systems.
  • HHI Group will also present its blueprint for an offshore hydrogen value chain.

Hyundai Chemical Company, Ltd. Selects Univation’s UNIPOL™ PE Technology for New High-Density Polyethylene Plant

Retrieved on: 
Monday, May 20, 2019

Hyundai Chemical Company, Ltd. has chosen Univation Technologies UNIPOL PE Technology for a 300 kTA high-density polyethylene (HDPE) plant to be located at Hyundais site in Daesan, Republic of Korea.

Key Points: 
  • Hyundai Chemical Company, Ltd. has chosen Univation Technologies UNIPOL PE Technology for a 300 kTA high-density polyethylene (HDPE) plant to be located at Hyundais site in Daesan, Republic of Korea.
  • Additionally, Hyundai has taken advantage of the flexible design of their UNIPOL PE Reactor line by investing in future production capabilities for both linear-low density polyethylene (LLDPE) and metallocene polyethylene (mPE) products.
  • We are delighted that Hyundai Chemical selected Univations UNIPOL PE Technology for their new plant in the Republic of Korea, said Dr. Steven Stanley, President of Univation Technologies.
  • Hyundai Chemical was established from a strategic joint venture between Hyundai Oilbank and Lotte Chemical on May 20, 2014.