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, 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 […]