Tag: Korea
Hyundai Electric & Energy Systems hit by layoffs
Hyundai Heavy Industries Group unit said it will receive retirement letters from all of its executives and accept 40 percent of them.
ITC to consider removing tariffs on Korean transformers
USA, New York: The U.S. International Trade Commission (ITC) has launched a review of anti-dumping duties on South Korean power transformers, which may be removed if the agency finds that the products are no longer posing a threat to domestic energy companies.
ABB replaces South Korean management after $100M fraud
ABB has replaced its senior management in South Korea after an executive disappeared from the business with $100 million.
U.S. hits Korean transformer maker with 61% anti-dumping duty
Korea, Seoul: The U.S. government has decided to slap a higher than preliminarily set anti-dumping rate on large power transformers exported by a South Korean manufacturer Hyundai Heavy Industries Co., the latest in a series of trade restrictions imposed on locally made goods under the Trump administration.
Big Bend gets two new transformers; new substation announced
Canada, British Columbia: Two new power transformers have been delivered to the site of the Big Bend substation being built by BC Hydro in south Burnaby, British Columbia.GE and LSIS collaborate in the smart energy segment in Korea
KOREA and FRANCE, Paris: GE and LSIS signed a Memorandum of Understanding (MoU) for comprehensive cooperation in power, smart energy, and smart factory solutions.KEPCO to build digitized power substation in Bhutan
Korea: Korea Electric Power Corp. announced that the company will be designing and building a digitized power substation in Bhutan.EU sets 5-year anti-dumping duty on GOES imports
As of 29 October 2015 the European Union imposed a definitive anti-dumping duty on imports of certain grain-oriented flat-rolled products of silicon-electrical steel originating in the People's Republic of China, Japan, the Republic of Korea, the Russian Federation and the United States of America, the EU Official Journal states.Two Korean transformers end their five week trip and arrive in Canada
Canada, British Columbia: Two new power transformers weighing 85 tons each have arrived in Merritt for BC Hydro’s Merritt substation.
