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POSCO E&C Begins Brazil CSP Steel Plant Complex

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– Massive project of 3 million tons, Project cost of US$4.3 billion

SEOUL, South Korea, July 18, 2012 /PRNewswire-Asia/ — The Brazil CSP Steel Plant Complex, the largest-ever steel plant construction order won overseas by POSCO E&C of Korea, has commenced.

POSCO E&C (vice-chairman & CEO Chung Dong-Hwa) announced that it held its groundbreaking ceremony for the Brazil CSP Steel Plant Complex on the 17th (local time) at the Pecem Industrial Complex in Ceara in northeastern Brazil.

3 Million Tons — EPC Turnkey method

The Brazil CSP Steel Plant Complex worth US$4.34 billion, for which POSCO E&C won the construction order, is a project being pursued by CSP (Companhia Siderurgica do Pecem), a joint venture of Vale (50%), which is Brazil’s largest iron ore supplier, Dongkuk Steel (30%), and POSCO (20%).

The first stage project of the Brazil CSP Steel Plant Complex, which is scheduled to produce 3 million tons of slabs, is expected to be completed by late August in 2015, and its business period is 44 months.

In the first stage of the project, POSCO E&C will engage using the project in a turn-key method in which all parts of the steel plant, from its engineering, procurement, construction and test runs, through raw material handling and lime calcination, coke oven equipment, blast furnace, steel making, continuous casting, and generation and auxiliary facilities.

POSCO E&C, which has once again proven its technological prowess in steel plants by winning the order for the Brazil CSP Steel Plant Complex last year, has turned out to be one of the best construction companies that can perform EPC turn-key projects for all processes of steel plants, from engineering, procurement, construction, to its test operations, based on its steel plant construction experience in Pohang and Gwangyang, Korea.

Strategic Partnership with Vale — Extending Business Fields to the Americas and Europe

Since the Brazil CSP Steel Plant Complex is located in northeastern Brazil, opening the doors to the American and European markets, POSCO E&C is planning to expand its business fields to the Americas and Eastern Europe after successfully completing the project.

For this, POSCO E&C is strengthening its business capacities in the Central and South American regions by establishing a strategic partnership with Vale, a world-renowned resource development company. At the same time, it is also concentrating on finding new business areas in various sectors, such as civil engineering, architecture, and the environment.

POSCO E&C became the first Korean construction company in 2006 to enter the Chilean energy construction market, and it is expected that it will further strengthen its foothold in the Brazilian construction market in the future.

Strong Foothold as a Leader in Entering the Central and South American Markets

POSCO E&C first made contact in the Central and South American region with Brazil. POSCO E&C first started business operations in Central and South America by completing the 4 million ton capacity pallet plant near Tubarao Port in southeastern Brazil in 1998.

Since then, with an aim to be a true global leader, POSCO E&C became the first large Korean construction company to establish the Energy Engineering & Construction Division in December 2006, and aggressively pioneered the energy construction markets of Central and South America, with high energy demand growth anticipated in the region.

As a result, starting with the order for the 240MW coal-fired power plant in Ventanas, Chile in 2006, it won orders for plants amounting a total of US$10 billion in Central and South American countries, such as Peru and Brazil, alone. It has thus established a strong foothold as a leader in the construction market of Latin America.

In particular, POSCO E&C recorded a whopping US$4.1 billion for six energy plants in Chile alone. In 2007, it won back-to-back orders for the 270MW Campiche and 520MW Angamos coal-fired power plants. In 2010, it received orders for the 400MW Santa Maria II coal-fired power plant. Being catapulted with such results, it won orders for two more coal-fired power plants (540MW and 400MW) in June 2012.

CONTACT: Mr. Chun Dong Jun +82-32-748-2755

Source: POSCO E&C

Written by asiafreshnews

July 18, 2012 at 3:47 pm

Posted in Business & Finance

Innovations with Secure Software, Systems Management and Standards Development Top the List of Achievements by Cyber Security Leaders at (ISC)2’s 2012 ISLA Ceremony

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Vice President of the Republic of the Philippines, Former Cybersecurity Coordinator for President Obama and Senior Japanese Government Officials Celebrate at Gala Dinner

TOKYO, July 17, 2012 /PRNewswire-Asia/ — (ISC)2 ® (“ISC-squared”), the world’s largest not-for-profit information security professional body and administrators of the CISSP®, today recognized three distinguished information security initiatives led by outstanding honorees at its sixth annual Asia-Pacific Information Security Leadership Achievements (ISLA™) Program Gala Dinner and Ceremony. The ISLA Program is held annually by (ISC)2 in cooperation with the (ISC)2 Asian Advisory Board to recognize outstanding leadership and achievements in workforce improvement of information security and management professionals in the Asia-Pacific region.

The distinguished workforce initiatives showcased this year were:

Information Security Practitioner Category Showcased Honoree: Nipon Nachin, CISSP, CSSLP, SSCP, professional service director, ACIS Professional Center Co., Ltd., Thailand. The recent information security problems in Thailand occur not only at the network or OS level, but also at the application and database level, according to Nipon. With a goal of developing an information security architecture to subsequently enhance the information security levels of companies and the state, Nipon created an awareness program and published a secure software development methodology in Thailand. Nipon is commended for his determination to rectify the root of information security problems at the application and data level in his awareness project. “I am very proud to be honored and would like to thank (ISC)2 for building a solid organization that provides the forefront of knowledge and awareness on global information security. I hope to have further opportunities to spread security knowledge to every part of Thailand,” said Nipon.
Managerial Professional for an Information Security Project Category Showcased Honoree: Chella Namasivayam, chief information officer, iGATE Global Solutions Ltd., India. As CIO of the company, Chella Namasivayam spearheaded a project that encompasses the integration of the sovereign Information Security Management Systems (ISMS) of the company. It also included unification of policies, procedures and methodologies, vendor management, security teams, standardization of security tools, and automation of processes. Chella Namasivayam gives the utmost importance to information security functions and budgets for focused reviews around security metrics and overall information security functionality performance. “I am greatly honored to have been chosen for this prestigious recognition,” said Chella Namasivayam. “It is a testimony to the collaboration and determination of my team, who helped to make this possible. I am delighted that the hard work put in for this integration has been well recognized through the Asia-Pacific ISLA program.”
Senior Information Security Professional Category Showcased Honoree: Khawaja Faisal Javed, CISSP-ISSAP, ISSMP, CBCP, manager of operations and ICT products, SGS Pakistan (Pvt.) Limited. Khawaja has designed and conducted several certification courses on information security and related topics, training approximately 2,000 professionals from over 300 organizations worldwide. Outside of his job responsibilities, he has dedicated his time to serving the security community through voluntary research. Khawaja is a member of the first release of an Information Security Management System Auditing Guideline Standard – ISO 27007. “I have a passion for information security and wanted to achieve high standards not only for myself, but also for community. Although this project involved a lot of traveling away from my family, I gained a great deal of professional satisfaction,” said Khawaja.
Community Service Star 2012: Chuan Wei Hoo, CISSP, CISA, information security officer, BT Singapore PTE Limited. In addition to his regular job responsibilities, Chuan Wei has been serving the Singapore standards community for the last 10 years as a volunteer and is currently a member of the Security & Privacy Standards Technical Committee (SPSTC), researching and reviewing ISO working papers for network and application security. “Through my experience working for the standards committee, I’ve gained insight into what other countries and experts are doing to establish an information security baseline for their economies. I have also learned that different perspectives from various industries create an environment more conducive to a holistic outcome,” said Chuan Wei Hoo.
The Special Guest, vice president of the Republic of the Philippines, Honorable Jejomar C. Binay; Honorable Prof. Howard Schmidt, CISSP, CSSLP, former cybersecurity coordinator for the United States of America, other guests of honor, and (ISC)2 officials celebrated with the honorees at a gala dinner on July 17 at the Hilton Hotel in Tokyo, Japan. Mr. Ikuo Misumi, counsellor, Cabinet Secretariat, Government Information Security Standards, National Information Security Center, government of Japan; Mr. Toru Nakayama, deputy director-general, Commerce and Information Policy Bureau, Ministry of Economy, Trade and Industry; and Mr. Yasuo Sakamoto, deputy director-general, Information and Communication Bureau, Ministry of Internal Affairs and Communications, addressed honorees and event guests.

W. Hord Tipton, CISSP-ISSEP, CAP, CISA, executive director of (ISC)2 said, ” I am impressed by the high benchmark of the nominations that we received this year. I would like to thank the nomination review committee for their diligent work in selecting these showcased honorees, whose work is critical to building the cyber security workforce of the future. We congratulate all honorees who dedicated their efforts to ensuring the security of many facets of their organizations, and for volunteering in their communities. We truly hope Asia-Pacific ISLA continues to inspire the next generation of information security professionals”.

For a detailed list of all 2012 ISLA honorees, please visit:

Asia-Pacific ISLA 2012 is sponsored by Microsot®.

About (ISC)2

(ISC)2 is the largest not-for-profit membership body of certified information security professionals worldwide, with over 86,000 members in more than 135 countries. Globally recognized as the Gold Standard, (ISC)2 issues the Certified Information Systems Security Professional (CISSP®) and related concentrations, as well as the Certified Secure Software Lifecycle Professional (CSSLP®), Certified Authorization Professional (CAP®), and Systems Security Certified Practitioner (SSCP®) credentials to qualifying candidates. (ISC)2’s certifications are among the first information technology credentials to meet the stringent requirements of ISO/IEC Standard 17024, a global benchmark for assessing and certifying personnel. (ISC)2 also offers education programs and services based on its CBK®, a compendium of information security topics. More information is available at

© 2012, (ISC)2 Inc. (ISC)2, CISSP, ISSAP, ISSMP, ISSEP, CSSLP, CAP, SSCP and CBK are registered marks of (ISC)2, Inc.

Follow (ISC)2 on Facebook, Twitter and YouTube.

Kitty Chung
(ISC)2 Asia-Pacific


Written by asiafreshnews

July 18, 2012 at 2:26 pm

Posted in Uncategorized

Air China Earns a Top 24th Finish on the 2012 Top 500 Chinese Most Valuable Brand Ranking of World Brand Lab

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BEIJING, July 17, 2012 /PRNewswire-Asia/ — According to the “Top 500 Chinese Most Valuable Brands” list for 2012 recently released by World Brand Lab at the 8th World Brand Conference, stellar financial performance, widespread recognition by consumers and high brand awareness make Air China a highly deserving recipient of the title as the 24th most valuable brand and the top airline brand of China, with a brand value of RMB 61.885 billion, over RMB 14 billion more over the previous year. Air China has been working hard towards its goal of becoming a mega-carrier with a competitive edge and an extensive route network. With a fleet of 432 aircraft, it operates over 280 routes serving 31 countries and regions, and its FFP now boasts a membership of over 17 million.

Air China Earns a Top 24th Finish on the 2012 Top 500 Chinese Most Valuable Brand Ranking of World Brand Lab

SOURCE Air China

Written by asiafreshnews

July 18, 2012 at 12:07 pm

Posted in Uncategorized

Air China Introduces “Fast Track” Service at Airports of Rome and Milan

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BEIJING, July 13, 2012 /PRNewswire-Asia/ — Air China recently introduced the “Fast Track” immigration service at the airports of Rome and Milan. First Class/Business Class passengers and PhoenixMiles Platinum members on flight Rome-Beijing operated by Air China as well as First Class/Business Class passengers on flight Milan-Beijing/Shanghai operated by Air China can head to the specified location carrying the sign “FAST TRACK PASS”, where they should produce their valid credentials to qualify for the service.

(Logo: )

The service spares the passengers the trouble of having to stand in a line waiting for clearance.

Now the service is available at the overseas airports of six cities, including Sydney, Melbourne, Paris, Tokyo, Rome and Milan, and Air China will make continuous improvements in the service, making it “a track truly for the privileged few”.

Note: The specific contents and processes of the service could differ according to airports. For details, call our hotline 95583.

About Air China

Air China is China’s only national flag carrier and a Star Alliance member. In addition to commercial operations, it also provides special flight services for the country’s state leaders on official visit to other countries.

With a fleet of 432 Airbus and Boeing aircraft, we run 282 routes, in 30 countries and regions. Thanks to our admission to the Star Alliance, our route network, with Beijing as its hub, is able to place 1,160 destinations in 181 countries within our reach.

For more information, please visit our website

SOURCE Air China

Written by asiafreshnews

July 18, 2012 at 11:50 am

Posted in Uncategorized