POSCO definition
Examples of POSCO in a sentence
Since the early 90’s, POSCO ENERGY continuously remodeled and built additional power plants meeting the increased demand of electricity in Korea.
As AFA, we have determined that POSCO received this subsidy during the POI, and that it benefited from the subsidy; we are thus including this program in POSCO’s overall subsidy rate.
POSCO CHEMTECH provides refractories to a wide range of industries including steel, cement, and glass companies.
The Company, FCL, POSCAN and POSCO Klappan also entered into an Amendment to Exploration, Development and Mine Operating Joint Venture Agreement [“Amended Agreement”] to restructure the Arctos JV and share the proceeds from the sale of the Arctos coal licenses on an equal basis after purchasing the royalty held by the previous owner of the property.
The shares of POSCO have been listed on the Korea Exchange since 1988.
Pursuant to the Amended Agreement, FCL transferred 30% of its interest in the Arctos JV to POSCO Klappan, thereby reducing its interest from 80% to 50%, in exchange for the elimination of the future capital contribution to be made by FCL.
Currently, POSCO ICT applies its developed ICT technology at Smart Factory by applying the industrial IoT and big data at industrial sites.
Based on its key technologies, POSCO ICT has been putting efforts to enhance competitiveness of the industries, in areas such as smart factory, smart IT, energy, SOC (railroad/transportation), and environment.
POSCO ICT will continue to support to strengthen the core business of POSCO Group and enhance its business competency globally.
POSCO M-TECH makes its utmost efforts to stronghold its ground as a steel packaging and up-stream material-specialized company.