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Archive for December 19th, 2012

Istanbul Jewelry Show March — A Premiere Marketplace For Conducting Business and Networking

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ISTANBUL/PRNewswire/ — The world jewelry and watch industry will gather at the most important event of the year at Istanbul Jewelry Show March on 21-24 March 2013 in 5 halls of Istanbul Fair Center (CNR Expo). Gold jewelry, diamond jewelry, all kinds of precious and semi-precious stones & pearls, silver jewelry, mountings, watches & clocks, machinery, tools & equipments, display units, packaging, security devices and softwares will be displayed just for industry professionals.

Istanbul Jewelry Show 2012, Product Photo

ISTANBUL JEWELRY SHOW 2012, Business Meetings

ISTANBUL JEWELRY SHOW 2012, Business Meetings

ISTANBUL JEWELRY SHOW 2012,Fair Hall

The Ultimate Jewelry Superstore
The four-day event, occupying more than 40.000sqm of exhibition space, will gather over 1000 exhibitors from 25 countries with an extensive display of the latest products and trends. There will be 6 National and Group pavilions from Belgium, mainland China, Hong Kong, India, Italy and Thailand.
Seperate and Interconnected Halls for Different Product Groups
Halls are designed and grouped productwise to save time and increase effectiveness of buyers touring around.
The Largest Fine Gold Jewelry Pavilion in two halls of 19.000sqm
Diamond Jewelry, Gems studded Jewelry, Gold Mountings, Diamonds, Loose Stones, Pearls and Watches under same roof of 14.000sqm
Silver Jewelry and items, Machinery and Equipment in one hall of 10.000sqm
The must-visit marketplace
The unique positioning of Istanbul Jewelry Show as an important marketplace for Europe and Middle East, provides the best opportunities for suppliers and exhibitors meet buyers, build business & sales contacts with Turkey, EU, Middle and Near East, Russia & CIS Nations, Eastern European, North Africa and Mediterranean markets.
Turkish Design Jewelry
The Turkish art and craft of Jewellery, inspired by 5000 years of cultural and historical heritage of Anatolia combined with the latest technology, outstanding craftsmanship, immense variety, flexible production capacity, excellent finishing quality, competitive prices and shortest delivery time make Istanbul Jewelry Show an ideal place to source products on every category of price and quality, from price point merchandise to high-end design jewelry.
Turkish Jewelry Industry
Turkey, being one of the major players of the world jewelry industry as a leading manufacturing and export base, offering lots of opportunities due to its strategic location in the crossroads of three continents and a vital center for neighboring countries. In the past 25 years, Turkish gold jewelry producers had important success and Turkey had become the second biggest exporter of the world after Italy, the fifth largest importer and the third biggest producer after Italy and India. The export had passed over 1.8 billion US dollars in 2011.
Great Support to Istanbul Jewelry Show
Supported by the Republic of Turkey Ministry of Economy, Istanbul Precious Minerals and Jewellery Exporters’ Association (IMMIB), Small and Medium Enterprises Development Organization (KOSGEB), Jewellery Exporters’ Association (JTR), certified by the Union of International Fairs (UFI) and the Quality Management System ISO-9001, Istanbul Jewelry Show is an outstanding international trade event serving to the fast growing domestic and international markets surrounding Turkey.
State-of the-Art Exhibition Services
On-line pre-registration at http://www.istanbuljewelryshow.com/, on-site registration, travel & accommodation services, visa invitation letters, free shuttle bus services, cloakroom / left luggage, customs assistance, security, Press Center, Buyers Lounge, exhibitors catalogue, complimentary Buyers Guide, Cafes and Restaurants.
On-line pre-registration
Pre-registration for visiting the show is highly recommended, making access to the show a quick and easy process. With new registration system, visitors pre-register online at http://www.istanbuljewelryshow.com/ and get their e-badges e-mailed before the show to avoid long queues on registration counters.
Travel & Accommodations
Show attendees fly to Ataturk Airport which is two minutes away from the Fair venue. Turkish Airlines offers flights daily from all European cities and direct daily flight from New York City. Various travel & accommodation choices are available for every need of price, quality and distance to the fair ground. Please visit http://www.istanbuljewelryshow.com/ for details.
Doing business is not the only reason to visit Istanbul Jewelry Show. The city’s unique atmosphere of history, nature, culture and entertainment attractions make it a must-see destination for all the travelling buyers.
Notes to Editors
About UBM Rotaforte (http://www.ubmrotaforte.com/)
UBM Rotaforte, a joint-venture company formed by UBM Asia and Rotaforte International Fairs Inc., owns the Istanbul Jewelry Show, an international exhibition for jewellery, gems , watches and related equipments. Now in its 26th year, the exhibition is held twice a year, in March and in October. Overall, the shows attract almost 60,000 visitors and 1,700 exhibitors, occupying net show floor space of more than 35,500 square metres. Products covered include gold, diamond and silver jewellery, precious and semi-precious stones, pearls, gold mountings, watches and clocks, machinery, tools and equipment, display units and security devices. The business is supported by the Turkish Jewellery Association JTR, a national trade body which represents more than 1,100 jewellery companies, including the major manufacturers. UBM Rotaforte also publishes a supporting magazine RFJ (in Turkish and English) and organises Turkish jewellery pavilions at a number of third-party events in Dubai, Italy, and India, as well as selling exhibition space into jewellery events in Russia and Ukraine.
About UBM Asia (http://www.ubmasia.com/)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia operates in 19 market sectors with headquarters in Hong Kong and subsidiary companies across Asia UBM China in Shanghai, Hangzhou, Guangzhou and Beijing. We have over 240 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia’s leading exhibition organiser and the biggest commercial organiser in China, India and Malaysia, we stage the leading events of their kind across the region. Our 200 events, 24 publications and 16 vertical portals serve over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high value face-to-face business-matching events, quality and instant market news and industry trends, and round-the-clock online trading networks and sourcing platforms. We have 1,100 staff in 21 major cities across Asia, stretching from Japan to Turkey.
Contact:
Ms.Tulin Bozkurt Bulut
Marketing Communications Manager
UBM Rotaforte
Email: tulin.bozkurt@ubm.com
Tel: +90 212 519 0719
Fax: +90 212 513 3038
Source: UBM Rotaforte

Written by asiafreshnews

December 19, 2012 at 4:04 pm

Posted in Uncategorized

UMCG Enrolls First Patients in PneumRx RENEW Pivotal Trial for Treatment of Severe Emphysema

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MOUNTAIN VIEW, Calif. /PRNewswire/ — PneumRx, Inc., a leader in interventional pulmonology, announced today that University Medical Center Groningen has enrolled and treated the first patients in the FDA-approved RENEW pivotal trial to evaluate the RePneu Lung Volume Reduction Coil (LVRC). The RePneu LVRC, a minimally invasive medical implant designed to treat the symptoms of severe emphysema, is intended to improve lung function, exercise ability and quality of life for this underserved patient population.
(Logo: http://photos.prnewswire.com/prnh/20120514/SF06703LOGO)
Dr. Dirk-Jan Slebos is the principal trial investigator at UMCG. “There is no cure for severe emphysema, and patients have very few options available to relieve their symptoms,” he said. “The LVRC is a very exciting technology that has shown great promise in European clinical studies. We have seen significant clinical improvements in treated patients, and we believe this is an important treatment option for many patients with severe emphysema.”
The RePneu LVRC is already a proven technique in Europe, having undergone safety and effectiveness evaluation of more than 100 patients in three multi-center European clinical studies, with over 50 patients having been treated at UMCG since 2009. The technology is routinely available to treat patients in Germany, and was the only emphysema treatment method selected by the French Ministry of Health to undergo a multi-center cost-effectiveness study in France starting in early 2013. Unlike Lung Volume Reduction Surgery or other minimally invasive devices designed to treat emphysema, the RePneu LVRC is intended to treat a broad range of emphysema patients, including those with heterogeneous and homogeneous disease, in both upper and lower lobes, and it performs independently of collateral ventilation.
The results of this IDE Pivotal study will be used to support a PMA application for the RePneu LVRC, with the goal of offering the device commercially in the US as soon as possible.
Emphysema is medically characterized by reduced lung function and increased lung volume, which makes breathing very difficult. As the disease progresses and the lung’s natural elastic properties are destroyed, excess air is trapped in the lungs, making it difficult for the person to exhale. This process is known as hyperinflation and is responsible for the feeling of being “short of breath.”
The RePneu LVRC works by compressing the hyperinflated lung tissue to reduce volume, while helping to restore the lung’s natural elastic recoil. The LVRC also helps hold open the lung’s airways, preventing airway collapse that causes air trapping and hyperinflation. Implanting the LVRC involves a minimally invasive, non-surgical procedure, and most patients are able to return home the following day.
The RENEW trial is enrolling patients throughout the US and Europe who have been clinically diagnosed with severe emphysema and are experiencing increasing difficulty with simple daily tasks despite optimal medical management. Patients must be over 35 years of age, must have stopped smoking for at least eight weeks and must have completed a pulmonary rehabilitation program within six months and/or be on a maintenance program.
This multicenter, randomized FDA clinical trial will investigate the safety and effectiveness of the RePneu LVRC compared to standard medical care alone. Up to 315 patients in over 25 medical centers across North America, plus centers in the Netherlands, UK and Germany, will participate. Though RePneu LVRC is investigational in the United States and not yet approved for commercial use by the FDA, the device has been used in Europe – in clinical trials and commercially – for the treatment of severe emphysema since 2008.
For more information about the RePneu LVRC and the RENEW study, visit http://www.pneumrx.com or http://www.clinicaltrials.gov/ct2/show/NCT01608490?term=RENEW&rank=1.
About Advanced Emphysema
Over three million(1) Europeans suffer from advanced emphysema, a chronic, debilitating disease most commonly brought on by years of smoking. Emphysema causes irreversible damage to delicate lung tissue, leading to shortness of breath and even feelings of suffocation that result in reduced quality of life. Emphysema is medically characterized by reduced lung function, increased lung volume and loss of the lung’s natural elastic properties, which makes breathing very difficult.
As the disease progresses and lung tissue is destroyed, excess air is trapped in the lungs making it difficult for the person to exhale. This process is known as hyperinflation and responsible for the feeling of being “short of breath.” Patients with severe emphysema experience shortness of breath nearly all the time, even when resting, and suffer from continuous fatigue, chronic coughing, wheezing and frequent respiratory infections. Patients are also at higher risk for lung infection, inflammation and other respiratory conditions, as well as serious other systemic conditions such as diabetes(2) and heart disease(3).
As there is no cure for emphysema, the goal of current treatment methods such as drug therapy (inhaled steroids, bronchodilators and antibiotics), supplemental oxygen, and pulmonary rehabilitation (breathing exercises) is to relieve symptoms and teach people how to live with the disease. Eventually, the disease will exhaust these treatment methods, leaving the patient with very few options for symptom relief(4).
About PneumRx Inc.
PneumRx, Inc. is a Mountain View, CA based medical device start-up focused on developing minimally-invasive solutions for unmet medical needs in pulmonary medicine. The flagship product, the RePneu® Lung Volume Reduction Coil, is designed to reduce lung volume and restore elastic recoil to improve lung function, exercise capacity, and quality of life for patients with emphysema. Made from shape-memory Nitinol, the RePneu Coil compresses hyperinflated tissue and tethers small airways to prevent airway collapse without blocking or destroying lung parenchyma, a key advantage over other endoscopic techniques. The RePneu LVRC is limited to investigational use in the U.S.A. Read more at http://www.pneumrx.com.
(1) National Emphysema Foundation, via http://www.emphysemafoundation.org/about-us.html
(2) Emma H Baker MD and Derek Bell MD. Blood glucose: of emerging importance in COPD exacerbations. Thorax 2009;64:830-832.
(3) Kaiser Permanente Medical Care Program. COPD and Incident Cardiovascular Disease Hospitalizations and Mortality. Chest 2005: 128: 2068-075
(4) Centers for Disease Control and Prevention. Chronic Obstructive Pulmonary Disease Surveillance – United States, 1971-2000. Morbidity and Mortality Weekly Report. August 2, 2002; 51(SS06):1-16.
Source: PneumRx, Inc.

Written by asiafreshnews

December 19, 2012 at 2:38 pm

Posted in Uncategorized

Cummins Power Generation Announces Price Increases on Certain Products Globally

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MINNEAPOLIS, Dec. 18, 2012 /PRNewswire/ — Cummins Power Generation Inc., a division of Cummins Inc. (NYSE:CMI), announced global price increases of up to 3 percent for most of its diesel- and gas-fueled generator sets, automatic transfer switches and other products.

The price changes, which take effect for shipments made after January 1, 2013, are in response to global market conditions and foreign exchange rates.

About Cummins Power Generation

Cummins Power Generation is a global leader dedicated to increasing the availability and reliability of electric power around the world. With more than 90 years of experience, its global network of distributors in over 190 countries delivers innovative solutions for any power need: commercial, industrial, recreational, emergency and residential.

Products include alternators, generator-drive engines and pre-integrated power systems, combining generator sets with power control and transfer technologies. Services range from system design, project management, operations and maintenance contracts to development of turnkey power plants.

For more information, contact Ananth Parameswaran, Director – Power Systems and Global Marketing, Cummins Power Generation, 1400 73rd Ave. NE, Minneapolis, MN 55432. Phone: 1-651-787-6321. Or visit http://www.cumminspower.com/.

Cummins Contact: Ananth Parameswaran
Director – Power Systems and Global Marketing
Cummins Power Generation
1-651-787-6321

EDITOR’S NOTE: This news release is now available for download
Go to: cumminspowerdocs.com.

Written by asiafreshnews

December 19, 2012 at 12:03 pm

Posted in Uncategorized

Fluke Networks Increases BYOD Device Visibility on Wi-Fi Networks

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New over-the-air smart device detection and analysis capability allows for improved optimization and security
EVERETT, Wash. /PRNewswire/ — Fluke Networks today announced a new BYOD Classification capability that reduces the cost and time needed to optimize and secure a wireless network for authorized and unauthorized smartphones and tablets. The new over-the-air patent pending smart device detection and analysis capability, available in AirMagnet WiFi Analyzer PRO (10.5) and AirMagnet Enterprise (10.6), provides an unprecedented level of visibility into smart device type, operating system and usage details without the need to deploy end-user software agents.
According to Gartner, 821 million smart devices (smartphones and tablets) will be purchased worldwide in 2012, accounting for 70 percent of total devices sold.1 As these devices come onto corporate networks, it is increasingly critical for network engineers to be able to identify and report on them, optimize the network for BYOD in real-time, and instantly identify and take action when unauthorized devices or rogues appear.
“There’s no denying the end-user or organizational value of smart devices. But, we face technical challenges when managing them for performance and security, especially when they’re not authorized,” said Rich Green, lead wireless engineer at Community Health Systems. “The new BYOD Classification feature streamlines managing authorized smart devices, and gives us a new weapon for tracking unauthorized smart devices and rogues by eliminating the need for client software on these devices. Now we can get valuable information on any smart device so we can ensure performance and protect the network.”
“Today’s wireless engineer is only as good as the information he or she can get about the network and its activity. The new capability in AirMagnet WiFi Analyzer PRO and AirMagnet Enterprise instantly gives them the intelligence needed to optimize the network for smart device usage or take action against possible smart device threats,” said Chia-Chee Kuan, vice president and general manager of the Fluke Networks WLAN business unit.
Availability
The BYOD Classification capability in AirMagnet WiFi Analyzer PRO and AirMagnet Enterprise is available now from the Fluke Networks. Existing users or gold members can download a software update at the Fluke Networks website. For more information about these products, please visit Fluke Networks.
About Fluke Networks
Fluke Networks is the world-leading provider of network test and monitoring solutions to speed the deployment and improve the performance of networks and applications. Leading enterprises and service providers trust Fluke Networks’ products and expertise to help solve today’s toughest issues and emerging challenges in WLAN security, mobility, unified communications and data centers. Based in Everett, Wash., the company distributes products in more than 50 countries. For more information, visit http://www.FlukeNetworks.com or call +1 (425) 446-4519.
For additional information, promotions and updates, follow Fluke Networks’ AirMagnet on Twitter @FlukeNetWIFI, Facebook, on the LinkedIn Company or Group page, or at the AirWISE Community.
1. According to Gartner research.
Source: Fluke Networks

Written by asiafreshnews

December 19, 2012 at 11:25 am

Posted in Uncategorized

CBI Metal Week 2013, Highlighting Industry Environment with Focus on China Factor

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SHANGHAI, Dec. 18, 2012 /PRNewswire/ — CBI Metal Week 2013, focusing on the Chinese and global metal market; will be held at the Shanghai International Convention Center, China on March 11-13, 2013. Over 1,000 delegates are expected to join this time.

The conference will cover both China and the global macro economy, supply and demand in base metal and the precious metal industry including copper, aluminum, lead & zinc, silver and gold.

It is expected that over 1,000 participants from all over the world will attend the conference, covering mining companies, smelting plants, manufacturers, traders and end users’ top executives together with the financial institutes, investment institutes, industry organizations, logistic suppliers, equipment suppliers and government officers and more from China and overseas.

As a platform to promote an Asian and a global metal business exchange, CBI Metal Week provides an effective means of information sharing, networking, communication and business cooperation to all members in matters of general and specific interests. Beginning its activities in China in 2005 with the 1st CBI Copper & Copper Products Forum 2005 and the 1st CBI Aluminum & Aluminum Products Technical Forum 2005, CBI managed to expand its metal business coverage to the global market in 2009.

Although global economic and political uncertainties have prevailed in 2012 and the outlook for 2013 is not encouraging, the metal industry will continue to be an exciting part of the global business in the future. The world metal production, trade patterns and consumption in 2013 will still be the issue for all the players, new suppliers and consumers especially in China, and Asia will be expected to be the engine for the global metal industry in 2013.

CBI Metal Week 2013 will share all the information with you about the global metal trading flow, raw materials and downstream terminals. We are looking forward to meeting you in Shanghai.

Event: CBI Metal Week 2013
Time: March 11-13th 2013
Venue: Shanghai International Convention Center, China
Official Web Site: http://events.cbichina.com/con/metal2013/english.html

Schedule:
March 11th, Day 1, Sign-in & Theme Day
March 12th, Day 2, Opening & Forum for Macro-economy
March 13th, Day 3, 5 sub-forums simultaneously held (Copper/Aluminum/Lead & Zinc/Silver/Gold)

Keywords

Copper Sub-forum: Influential Factors, Financing, Derivatives Consumption, Economic Trend
Aluminum Sub-forum: Market and Price Trend, Aluminum Processing, Panel Discussion, Beverage Can and Packaging, Electronics’ Demand, Photovoltaic Industry’s Demand
Lead & Zinc Sub-Forum: Supply Demand, Match-making, Mineral Resources, End Users, Recycling
Silver Sub-Forum: Political Pattern, Silver Futures, Investment Strategy, Silver ETF Market, Silver Price Forecast, Monetary Policy
Gold Sub-Forum: Industrial Pattern, Consumer Demand, Gold Smelting Plants’ Future
Highlights

Supply Demand Talk –Specially designed supply and demand talk section in each sub- forum with supply demand information shown in the conference room
Networking –Top China & Global mining companies, smelting plants, traders, end-users and third parties to discuss the supply and demand situation
Technology –Waste metal recycling and new environment protection technology
Feedstock –Supply of mining companies from South America, Australia, Europe, SEA and China
Supply –Rise of Asian countries
End Users –Producers from electric wire & cable, household appliances, automobile, lead-acid battery and other industries from China and overseas will come together
Registration Fee

Conference Fee For 1 person For 2 or more person
(from same company)
US$1,495 US$1,295

Sponsorship Fee Details
Keynote Speech for one of the Sub-Forums US$6,500 Including 30 minutes speech, 2 free passes, 1 booth on Day 3, 1 page AD in the yearbook
Booth Sponsor US$4,500 Including 1 Roll up, 2 free passes, 1 page AD in the year book

For registration, please login to:
http://events.cbichina.com/con/upload/CBI_Metal_Week_2013_Registration_Form.pdf and download the Conference Registration Form or send email to timshi@cbichina.com to get the registration form, and send the completed form to timshi@cbichina.com or jessicalu@cbichina.com or fax it to +86-21-51551608

For more information, please contact:

CBI China
Mr. Tim Shi
Tel: +86-21-51183138 Fax: +86-21-51551608
E-mail: timshi@cbichina.com / jessicalu@cbichina.com

Written by asiafreshnews

December 19, 2012 at 11:05 am

Posted in Uncategorized

Official Launch of Online Russia News Cloud Site

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– RUSSIA NEWS CLOUD (Russianewscloud.com) – A Division of News Cloud Overseas Corp.
– COMPREHENSIVE NEWS UNDER THE CLOUD: NEWS FROM EVERYWHERE
– “A NEW KIND OF NEWS FROM RUSSIA AND BEYOND”
TORONTO /PRNewswire/ — The Hon. Jerry S. Grafstein, Q.C., Co-Founder and Chair, announced the launch of Russia News Cloud (http://www.russianewscloud.com) – a premier provider of in-depth news from Russia and its neighbours.
“Russia News Cloud,”said Grafstein,”provides comprehensive coverage of Russia and surrounding regions. We curate Russian microbloggers and mainstream media, breaking news as it happens.”
“This is instant news about Russia,” said Grafstein. “Russia News Cloud uses innovative technology to gather the diversity of the blogosphere, social networks, online radio and mainstream media, into coherent, timely news and information coverage about all aspects of life in Russia and all its border regions.”
“Our goal is to keep our viewers informed on the evolving global scene about Russia, on a timely basis from the inside out,” said Adam Miron, President and Co-Founder. “The world is interested in Russia, a major international player. We have created a way to provide waves of news that is constantly updated. Russianewscloud.com is a new resource to access all facets affecting Russia and its neighbours.”
Special editions reflect all aspects of Russian life including business (trade and economics), politics, sports, science (technology, education), culture (lifestyle, entertainment, fashion), the Army, adjacent countries including Ukraine, Mongolia, Kazakhstan and other “Stans”, the Caucasus and adjacent Baltic States, Moscow and St. Petersburg. Future editions include news from other major Russian cities.
Anyone interested in Russia, a world power, will be kept up to date on Russian news as it happens. Russianewscloud.com is a new, timely, in-depth, news resource for Russia observers and the public.
Russianewscloud.com, a division of News Cloud Overseas Corp.
Russia News Cloud (http://www.russianewscloud.com) joins India News Cloud, (http://indianewscloud.com), India and region, China News Cloud (http://chinanewscloud.com), China and region, Wellington Street Post (http://www.wellingtonstpost.com), Ottawa, Canada, Penn Ave Post (http://www.pennavepost.com), Washington, D.C., and Holly Post (http://www.hollypost.com), Hollywood, California,in an ever-expanding network of online 24/7 global news sites.
For further information:
Co-Founder and Chair of the Board, News Cloud Overseas Corp.
The Hon. Jerry S. Grafstein, Q.C., 416-369-4108
jgrafstein@russianewscloud.com
Co-Founder and President, News Cloud Overseas Corp
Adam Miron, 613-986-2422
adam@russianewscloud.com
Website: http://www.russianewscloud.com
Twitter: @russianewscloud
Facebook.com/russianewscloud
Source: Russia News Cloud

Written by asiafreshnews

December 19, 2012 at 10:57 am

Posted in Uncategorized

POSCO E&C Wins Vietnamese Raw Material Handling System Project Deal Worth $400M

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– Deal won after winning out over ten overseas competitors from countries including Taiwan and China

SEOUL, South Korea, Dec. 18, 2012 /PRNewswire/ — On the 17th POSCO E&C (vice chairman & CEO, Chung Dong Hwa) signed an agreement worth $400 million (USD) with Formosa Ha Tinh Steel Corporation, a Vietnamese steel subsidiary of the Fomosa Group of Taiwan, to construct a facility that will process materials for steel works.

(Photo: http://www.prnasia.com/sa/2012/12/18/20121218154911976503.html )

The signing ceremony held the same day at the Posco E&C Tower in Songdo, Incheon, was attended by Lin Hsin-i, Chairman of Formosa Ha Tinh Steel Corporation, Yang Hong-chi, President of Formosa Ha Tinh Steel Corporation, Chung Dong Hwa, Vice-Chairman of Posco E&C and many other VIPs.

Material used in the production of steel, including iron ore, will be variously unloaded from ships, put away, transported and crushed inside the new facility.

It is to be part of Fomosa Ha Tinh Steel’s in Ha Tinh, Vietnam, which is planned to go fully operational by May 2015. The construction of the facility, capable of processing up to 7 million tons per year, will commence in February next year and is scheduled to end in January 2015.

The landing of the deal is testament to Posco E&C’s global technological capability and competitiveness in the steel making sector, as it beat over 10 leading contractors (CTCI, Bao Steel, MCC etc.) from Taiwan, mainland China and other countries to secure the deal.

Posco E&C expects that this Fomosa deal will usher in more opportunities for the company to take part in bids for Fomosa Ha Tinh’s subsequent projects, including steel plants and petrochemical facilities in the country.

Posco E&C is a contractor capable of performing projects involving any processes found in an integrated Steel Plant Complex, including iron making, steel making and continuous casting, on a turn-key basis covering everything from engineering, procurement, construction and test operations. Its globally recognized technological capability and price competitiveness, as demonstrated in the winning of a deal worth $4.3 billion in December 2011 to construct the Brazil CSP Steel Plant Complex and Indonesia steel plant project, is cementing its status as a global leading contractor.

Media Contact:

D.J.Chun

+82-32-748-2755

djchun@poscoenc.com

http://www.poscoenc.com/english

SOURCE Posco E&C

Written by asiafreshnews

December 19, 2012 at 10:51 am

Posted in Business & Finance