- Secures 120 billion won order from CSP steel mill in Brazil
- Wins 57 billion won order for WTE building project in Haiti

POSCO ICT is gaining global attention by successfully securing some 180 billion won in overseas orders.

POSCO ICT recently announced that it secured project orders worth 120 billion won to build a plant automation system at a CSP steel mill in Brazil. The company is expecting additional orders worth 80 billion won in the coming year. The integrated mill, with an annual production of 60 million tons, is being built in partnership with Brazil’s No. 1 iron ore supplier Vale, Dongkuk Steel and POSCO.

POSCO ICT has been assigned to build the plant automation system required for the blast furnace, raw material, sintering, coke manufacturing, steel making and continuous casting process for the mill, including EIC (Electricity, Instrumentation, Computer) control systems. The company is participating in another integrated mill in Indonesia being jointly built by POSCO and local steel maker KRAKATAU STEEL.

Analysts predict this will accelerate efforts to become a global solutions provider.

Another recent order includes a 57 billion won waste-to-energy (WTE) project in Haiti. The project involves construction of a WTE power plant (25MW), which incinerates waste produced in urban areas adjacent to Port-au-Prince, and converts into electric power. POSCO ICT’s involvement in the project will pave way for second- and third-phase WTE power plant projects as well as SOC projects to rebuild social infrastructure affected by the recent earthquake.

Through integration of IT and engineering technology, POSCO ICT is expanding its business platform around the world. Last year, overseas orders accounted for approximately 500 billion won, representing 30 percent of total orders.

The company is planning to take advantage of bases in China, India and Vietnam to target resources development, construction IT, environment, energy and railway construction.

“We are planning to strengthen collaboration with POSCO subsidiaries to expand our overseas business,” said an employee at POSCO ICT.