POSCO Chairman Kwon talks with some 40 prospective start-up businessmen of the tenant companies of the Pohang Center for Creative Economy and Innovation (CCEI) at the Pohang CCEI on July 23.
POSCO Chairman Kwon Oh-joon met some 40 prospective start-up businessmen of the tenant companies at the Pohang Center for Creative Economy and Innovation (CCEI) and the finalists of idea and start-up contests on July 23 and showed his concern over a boost in the functions of the CCEI.
Chairman Kwon got a briefing on the activities of the CCEI and its future plans, and shared start-up ideas with the participants, showing a keen attention over them.
“Prospective start-up businessmen and tenant companies are engaged in such diverse fields as life science, new materials and chemical cells, and prospects for commercialization are bright. I’m satisfied to hear that the CCEI, which was inaugurated in January, will be put on the right track,” Kwon said.
Recognizing the fact that the goal of the creative economy is to create jobs, Chairman Kwon told the participants that all people will join forces and make concerted efforts to realize their goals. Kwon also delivered his determination to have POSCO lend a helping hand to make Pohang a hub of the creative economy.
POSCO Releases ‘POSEIDON500’ to Lead Marine Steel Pipe & Pile Market
POSCO is poised to command the port and marine steel pipe and pile market by unveiling its newly developed steel pipe POSEIDON500.
POSCO obtained the go-ahead from the Pohang Regional Ocean & Fisheries Administration to use POSEIDON500 for the 12th berthing at Pohang New Port.
POSEIDON500 is 40 percent more corrosion-resistant in a marine environment and 20 percent stronger than the conventional structural steel pipe and pile. The new product is noted for saving materials costs, since the latest steel pipe is thinner but has identical strength efficiency.
POSCO worked on the POSEIDON500 pipe for five years and began to market the new product this year.
Constructing Converged ICT-applied `Smart Factory`
POSCO commenced construction of an Industry 4.0 Smart Factory, starting with the thick plate factory at Gwangyang Steelworks.
Smart Factory is the future of manufacturing. It is built on the principles of the Internet of the Things (IoT) and Big Data, clearly showing all information related to operations. All equipment and machinery in the factory exchange information with each other through attached sensors, in addition to preemptively resolving problems before products become defective and malfunctions occur within facilities.
On July 10, POSCO launched the joint POSCO Group TF, embarking on its own Smart Factory technology, at the thick plate department of Gwangyang Steelworks. It maximizes synergy among group companies in order to implement innovative ways of working based on data. It does this by applying converged ICT and securing ‘superlative’ cost and quality competitiveness that a second company cannot match. Ninety related officials attended the opening ceremony, including Director of Gwangyang Steelworks Ahn Dong-il; Executive director Park Joo Chul; Executive director Park Mi Hwa; and Executive director of POSCO ICT Jung Deok Gyun.
POSCO selected the thick plate factory at Gwangyang Steelworks as a trial factory because of its consistent manufacturing process in steelmaking, rendering and rolling. After a phased promotion of the low-cost and high-efficiency Smart Factory project until 2017, POSCO will determine whether or not it will expand this project to all factories engaged in steelworks.
It will first construct data-integrated infrastructure covering all operations, quality and facilities, and then set up a data preceding analysis system in order to detect various problems in advance and preemptively respond to them based on this infrastructure. Looking ahead, the ultimate goal is to build the Smart Factory “without human intervention” by expanding cost reduction technology, quality control technology and IT-converged technology until the first half of 2017, and integrating the know-how of highly-skilled staff into the system.
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