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		<title>posmac steel &#8211; Official POSCO Group Newsroom</title>
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            <title>posmac steel &#8211; Official POSCO Group Newsroom</title>
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				<title>POSCO Builds PyeongChang’s Olympic Facilities to Gold Standard</title>
				<link>https://newsroom.posco.com/en/posco-builds-pyeongchang-olympic-facilities-gold-standard/</link>
				<pubDate>Thu, 08 Feb 2018 18:22:16 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Business]]></category>
		<category><![CDATA[2018 PyeongChang Winter Olympic Games]]></category>
		<category><![CDATA[2018 PyeongChang Winter Olympics]]></category>
		<category><![CDATA[23rd Winter Olympics]]></category>
		<category><![CDATA[329LD duplex stainless steel]]></category>
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		<category><![CDATA[IBC]]></category>
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		<category><![CDATA[PyeongChang Olympic Facilities]]></category>
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		<category><![CDATA[Winter Olympics]]></category>
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									<description><![CDATA[The wait is finally over for the 2018 PyeongChang Winter Olympic Games and world-class athletes from all over the world will showcase their skills as they vie]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">The wait is finally over for the 2018 PyeongChang Winter Olympic Games and world-class athletes from all over the world will showcase their skills as they vie for their medals. Ever since PyeongChang won the bid to host the 23rd winter games back in 2011, event organizers have been busy making sure the facilities in PyeongChang and Gangneung will be ready in time to host the biggest global sports event of the year. </span></p>
<p><span style="font-weight: 400;">The budget for the entire event was estimated to be around USD 10 to 13 billion to get PyeongChang in prime shape to host more than </span><a href="https://www.usnews.com/news/best-countries/articles/2018-02-02/olympics-2018-10-things-to-know-about-the-pyeongchang-winter-games-in-south-korea" target="_blank" rel="noopener"><span style="font-weight: 400;">6000 athletes and officials</span></a><span style="font-weight: 400;"> from all over the world. As a result, the winter games will take place in </span><a href="https://edition.cnn.com/2017/12/08/world/2018-pyeongchang-winter-olympics-fast-facts/index.html" target="_blank" rel="noopener"><span style="font-weight: 400;">13 different venues</span></a><span style="font-weight: 400;">, 6 of which have been newly built and the remaining 7 were renovated specifically for use during these games.</span></p>
<div id="attachment_13719" style="width: 660px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/The-Olympic-Torch.jpg" target="_blank" rel="noopener"><img class="wp-image-13719" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/The-Olympic-Torch.jpg" alt="The Olympic flame is passed onto PyeongChang via the Olympic torch" width="650" height="352" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/The-Olympic-Torch.jpg 1000w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/The-Olympic-Torch-800x433.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/The-Olympic-Torch-768x415.jpg 768w" sizes="(max-width: 650px) 100vw, 650px" /></a><p class="wp-caption-text">The Olympic flame lands in PyeongChang during the flame lighting ceremony. (Source: <a href="https://sputniknews.com/us/201712101059879467-us-haley-olympic-games-2018-pyeongchang/" target="_blank" rel="noopener">Sputnik News</a>)</p></div>
<p><span style="font-weight: 400;">As the biggest steelmaker in Korea, POSCO played a crucial part in building the International Broadcast Center (IBC), Media Residence Hotel and the Kwandong Hockey Center with its World Premium Products and innovative construction solutions. </span></p>
<p><b>SEE ALSO: </b><a href="https://newsroom.posco.com/en/posco-steel-shines-2018-pyeongchang-winter-olympics/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><b>POSCO Steel Shines at the 2018 PyeongChang Winter Olympics</b></a></p>
<h2><b>International Broadcast Center</b></h2>
<p><span style="font-weight: 400;">This year’s Winter Olympics will set a new record as the first Olympics to be broadcast live in all U.S. time zones, and all of this will be coordinated through the IBC. POSCO custom-made H-beams for the center’s pillars and columns using Pos-H, a type of steel produced by precisely cutting and welding POSCO’s hot-rolled steel plates and thick plates together. </span></p>
<p><span style="font-weight: 400;">The HSA5-based Pos-H is seismic wave resistant and can be customized to fit specific height and thickness requirements for different parts of a building. Plus, compared to existing hot-rolled steel which only comes in a standard size, manufacturers have the added benefit of reducing the amount of steel used, thus saving costs. </span></p>
<div id="attachment_13715" style="width: 660px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/International-Broadcasting-Center.jpg" target="_blank" rel="noopener"><img class="wp-image-13715" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/International-Broadcasting-Center-1024x357.jpg" alt="A graphic representation of the International Broadcast Center." width="650" height="226" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/International-Broadcasting-Center-1024x357.jpg 1024w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/International-Broadcasting-Center-800x279.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/International-Broadcasting-Center-768x267.jpg 768w" sizes="(max-width: 650px) 100vw, 650px" /></a><p class="wp-caption-text">For the first time ever, all time zones in the U.S. can watch live coverage of the Olympics. (Source: <a href="http://www.heerim.com/project/view?id=1066&amp;lang=en" target="_blank" rel="noopener">Heerim</a>)</p></div>
<p><span style="font-weight: 400;">POSCO also applied GI-Ace steel and fire-resistant cladding to the IBC’s columns to not only increase fire resistance but reduce construction time. POSCO’s dry fire-resistant cladding is different from traditional methods that require numerous layers of fire-resistant paint to be applied, requiring additional manpower and hours to complete. Dry-cladding can be wrapped around the surface of the columns in a one-time process.</span></p>
<p><span style="font-weight: 400;">Finally, the 5-story IBC is now capable of supporting a much larger load thanks to a new composite beam with concrete integrated into POSCO’s SM490 steel. Overall, POSCO supplied 8,218 tons of steel for the IBC.</span></p>
<h2><b>Media Residence Hotel</b></h2>
<p><span style="font-weight: 400;">The Media Residence Hotel is another important facility POSCO’s materials and construction solutions played a vital role in. POSCO wrapped the exterior walls of the 300-room, 4-story building with </span><a href="https://newsroom.posco.com/en/poscos-posmac-leads-new-generation-specialized-steel/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">PosMAC</span></a><span style="font-weight: 400;">, a magnesium alloy coating, that is 10 times more corrosion resistant than standard galvanized steel. </span></p>
<p><span style="font-weight: 400;">The interior walls are also lined with steel. Instead of wallpaper, the Media Residence Hotel is lined with a special type of printed steel that feels like fabric to the touch. POSCO also applied PosMAC to the modular bathroom floors instead of traditional tiles. PosMac is 5 times more corrosion-resistant than zinc plating, and has an aesthetically-pleasing finish. POSCO’s stainless steel, </span><a href="https://newsroom.posco.com/en/poscos-posssd-brings-innovative-new-possibilities-world-stainless-steel/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">PossSD</span></a><span style="font-weight: 400;">, made up other parts of the bathroom as it is also highly corrosion-resistant and workable. In addition, each entrance was made with POSCO’s high-strength and corrosion-resistant </span><a href="http://www.posco.co.kr/homepage/docs/eng5/jsp/product/info/s91e8000010c.jsp" target="_blank" rel="noopener"><span style="font-weight: 400;">329LD duplex stainless steel</span></a><span style="font-weight: 400;"> with surface treatment and color processing. </span></p>
<div id="attachment_13717" style="width: 660px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Media-Residence-Hotel.jpg" target="_blank" rel="noopener"><img class="wp-image-13717 size-full" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Media-Residence-Hotel.jpg" alt="The Media Residence Hotel during construction." width="650" height="487" /></a><p class="wp-caption-text">Media Residence Hotel was constructed off-site, then put together at the venue. (Source: <a href="http://www.koreaherald.com/view.php?ud=20171220000826" target="_blank" rel="noopener">The Korea Herald</a>)</p></div>
<p><span style="font-weight: 400;">What’s noteworthy about this construction project is that 100 percent of the building was constructed off-site via modular construction. Compared to the time it would take to build a traditional concrete building of the same scope, the construction period for the Media Residence Hotel was 18 months shorter. Since each room is a relocatable building unit, it will be moved to a different venue and recycled as another hotel or dormitory. All in all, POSCO supplied 1,405 tons of steel for the entire construction project.</span></p>
<h2><b>Kwandong Hockey Center</b></h2>
<p><span style="font-weight: 400;">Kwandong Hockey Center will be home to some of the most exciting action of the winter games, and the facility was built on the “ice wave” concept to reflect the dynamics of ice hockey, waves of the nearby East Sea and the region’s strong winds. </span></p>
<p><span style="font-weight: 400;">Again, POSCO’s duplex stainless steel 329LD was used to cover the stadium’s exterior to protect against rapid corrosion that is prevalent in coastal areas. Aside from protection against corrosion, the stainless steel is extremely high in strength, allowing the builders to reduce the thickness of the steel plates by 25 percent compared to standard types of stainless steel. </span></p>
<div id="attachment_13716" style="width: 661px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Kwandong-Hockey-Center.jpg" target="_blank" rel="noopener"><img class="wp-image-13716" src="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Kwandong-Hockey-Center.jpg" alt="An exterior view of the Kwandong Hockey Center" width="651" height="434" srcset="https://newsroom.posco.com/en/wp-content/uploads/2018/02/Kwandong-Hockey-Center.jpg 1000w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Kwandong-Hockey-Center-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2018/02/Kwandong-Hockey-Center-768x512.jpg 768w" sizes="(max-width: 651px) 100vw, 651px" /></a><p class="wp-caption-text">POSCO’s duplex stainless steel keeps the Kwandong Hockey Center strong and corrosion-free. (Source: <a href="https://www.curbed.com/2018/1/23/16898676/winter-olympics-2018-pyeongchang-south-korea-venues" target="_blank" rel="noopener">Curbed</a>)</p></div>
<p><span style="font-weight: 400;">POSCO also aided the construction process by providing additional support such as internal wind pressure structural analysis, surface treatment and a panel processability evaluation to maximize the benefits of POSCO’s products. </span></p>
<p><span style="font-weight: 400;">With these new and upgraded facilities completed, PyeongChang is now equipped and ready to host the 23rd Winter Olympics. The only thing left to do now is to witness history as the best athletes from all over the world compete for gold. Best of luck to all the Olympic and Paralympic athletes!  </span></p>
<p><span style="font-weight: 400;">Cover photo courtesy of </span><a href="http://www.snowsbest.com/korail-passes-pyeongchang-winter-olympics/" target="_blank" rel="noopener"><span style="font-weight: 400;">Snow Best</span></a><span style="font-weight: 400;">.</span></p>
<p>&nbsp;</p>
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					<item>
				<title>Top 5 Holiday Gifts that will WOW Manufacturers</title>
				<link>https://newsroom.posco.com/en/top-5-holiday-gifts-will-wow-manufacturers/</link>
				<pubDate>Tue, 19 Dec 2017 18:41:00 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Steel Matters]]></category>
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		<category><![CDATA[aluminum]]></category>
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		<category><![CDATA[photovoltaic structure]]></category>
		<category><![CDATA[Photovoltaic Structure Manufacturers]]></category>
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		<category><![CDATA[POSCO GIGA STEEL]]></category>
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									<description><![CDATA[There’s less than a week to go to get everyone’s presents ready for the holidays. While everyone seems to be thinking up the perfect gifts for family and]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">There’s less than a week to go to get everyone’s presents ready for the holidays. While everyone seems to be thinking up the perfect gifts for family and friends, the Steel Wire presents the top 5 gifts… for manufacturers! We’ll be looking back on 2017 to pick the hottest gifts for manufacturers to start the new year equipped and ready. </span></p>
<h2><b>POSCO GIGA STEEL &#8211;  For Automakers</b></h2>
<p><a href="https://newsroom.posco.com/en/posco-giga-steel-increases-strength-improves-safety-autos/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">POSCO GIGA STEEL</span></a><span style="font-weight: 400;"> is like the iPhone X or the latest Xbox or PlayStation for automakers. It’s the newest, hottest must-have item for any type of car. Automakers are constantly working to lightweight their vehicles without compromising strength to meet increasingly stringent safety and environmental regulations. In order to offer its auto partners the ultimate solution, POSCO developed POSCO GIGA STEEL, an advanced high-strength steel (AHSS) that comes in </span><a href="https://newsroom.posco.com/en/posco-giga-steel-opens-door-future-auto-industry/%20%20%20?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">6 different types</span></a><span style="font-weight: 400;"> for a variety of applications in vehicles. </span></p>
<div id="attachment_13401" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/POSCO-GIGA-STEEL.png" target="_blank" rel="noopener"><img class="wp-image-13401" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/POSCO-GIGA-STEEL.png" alt="A car chassis made of different types of POSCO GIGA STEEL" width="640" height="384" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/POSCO-GIGA-STEEL.png 1000w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/POSCO-GIGA-STEEL-800x480.png 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/POSCO-GIGA-STEEL-768x461.png 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">POSCO GIGA STEEL can be applied to different parts of a vehicle chassis. (Source: <a href="https://media.group.renault.com/global/en-gb" target="_blank" rel="noopener">Renault Samsung</a>)</p></div>
<p><span style="font-weight: 400;">Applying AHSS, including POSCO GIGA STEEL, resulted in a </span><a href="http://www.poscopac.com/eng/sub02/05_01.php" target="_blank" rel="noopener"><span style="font-weight: 400;">26 percent</span></a><span style="font-weight: 400;"> reduction in the total weight of a vehicle. Not only that, POSCO GIGA STEEL </span><a href="https://newsroom.posco.com/en/posco-giga-steel-offers-solutions-evolving-auto-industry/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">emits about 10 kg less carbon emissions</span></a><span style="font-weight: 400;"> than aluminum from a </span><a href="https://newsroom.posco.com/en/taking-life-cycle-approach-automotive-environmental-policy/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">life cycle analysis</span></a><span style="font-weight: 400;"> (LCA) viewpoint. Plus, POSCO GIGA STEEL is about 2.1 to 3.5 times less expensive than alternative options like aluminum. It’s no surprise that leading automakers like </span><a href="https://newsroom.posco.com/en/posco-giga-steel-goes-beyond-limits-traditional-lightweight-materials/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">Renault Samsung</span></a><span style="font-weight: 400;">, </span><a href="https://newsroom.posco.com/en/ask-expert-posco-giga-steel-frames-g4-rexton/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">Ssangyong Motors</span></a><span style="font-weight: 400;"> and </span><a href="https://newsroom.posco.com/en/gm-korea-posco-partnership-innovation/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">GM Korea</span></a><span style="font-weight: 400;"> use POSCO GIGA STEEL, proving it to be the all-time favorite gift for automakers. </span></p>
<h2><b>PosMAC- For Photovoltaic Structure Manufacturers</b></h2>
<p><span style="font-weight: 400;">Solar energy is the fastest growing source of renewable energy in the world, according to the <a href="https://www.iea.org/publications/renewables2017/" target="_blank" rel="noopener">International Energy Agency (IEA)</a>. </span><span style="font-weight: 400;">In India, solar electricity generation capacity quadrupled from 2014 to 2017 as it is the cheapest form of alternative fuel in the country. The government also plans to back the industry with USD 100 billion in investments. India is one of many countries looking to solar energy to meet their country’s environmental goals and stimulate the economy.</span></p>
<div class="video_wrap"><iframe src="https://www.youtube.com/embed/YZHMRDeuDa0?rel=0" width="300" height="150" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">?</span></span></iframe></div>
<p><span style="font-weight: 400;">As a result, photovoltaic (PV) structure manufacturers around the world are working to keep up with the growing demand and gain a competitive edge with high-quality products. </span><a href="https://newsroom.posco.com/en/poscos-posmac-leads-new-generation-specialized-steel/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">PosMAC</span></a><span style="font-weight: 400;"> is ideal for PV structures because it is highly corrosion resistant and cost-effective. Not only is the material itself lower in costs compared to other materials, PosMAC ensures a long lifecycle, decreasing maintenance costs to give manufacturers an added competitive edge. For such manufacturers, POSCO PosMAC steel is the perfect gift. </span></p>
<h2><b>Magnesium- For Electronics Manufacturers</b></h2>
<p><span style="font-weight: 400;">Magnesium is a common material in electronic devices such as laptops and smartphones. Magnesium is the perfect gift for electronics manufacturers such as </span><a href="https://newsroom.posco.com/en/lg-gram-magnesium-alloy/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">LG </span></a><span style="font-weight: 400;">and </span><a href="https://newsroom.posco.com/en/posco-develops-magnesium-sheets-samsungs-ultra-light-notebook-9-series/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">Sa</span></a><a href="https://newsroom.posco.com/en/posco-develops-magnesium-sheets-samsungs-ultra-light-notebook-9-series/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">msung</span></a><span style="font-weight: 400;">, as their competitiveness lies in delivering the most versatile, lightweight and convenient devices to their customers. </span></p>
<div id="attachment_13403" style="width: 650px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Samsung-Notebook-9.jpg" target="_blank" rel="noopener"><img class="wp-image-13403" src="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Samsung-Notebook-9.jpg" alt="A hand is shown holding the Samsung Notebook 9, a possible holiday gift" width="640" height="427" srcset="https://newsroom.posco.com/en/wp-content/uploads/2017/12/Samsung-Notebook-9.jpg 970w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Samsung-Notebook-9-800x534.jpg 800w, https://newsroom.posco.com/en/wp-content/uploads/2017/12/Samsung-Notebook-9-768x512.jpg 768w" sizes="(max-width: 640px) 100vw, 640px" /></a><p class="wp-caption-text">The Samsung Notebook 9 is one of the lightest laptops available. (Source: <a href="https://www.cnet.com/products/samsung-notebook-9-15-inch-2017/review/" target="_blank" rel="noopener">CNET</a>)</p></div>
<p><span style="font-weight: 400;">Magnesium is also increasingly finding its way into the automotive industry, especially for electric vehicles (EVs), as magnesium plates and other parts allow automakers to further reduce the weight of the car. Magnesium will likely be the perfect gift for that manufacturer who is thinking ahead and always experimenting new ways to improve future models of their cars. </span></p>
<h2><b>Hyper NO- EV Manufacturers</b></h2>
<p><span style="font-weight: 400;">The market for EVs is one of the fastest growing, expected to expand from </span><a href="https://newsroom.posco.com/en/electrical-steel-make-ev-motors/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">USD 27.84 billion in 2016 to USD 38.98 billion by 2021</span></a><span style="font-weight: 400;">, at a compound annual growth rate (CAGR) of 7 percent. Much of the success of EVs lies in its motors that will determine the EV’s efficiency, performance and feasibility for wide-spread use. As such, POSCO came up with the perfect gift for EV manufacturers &#8211; the Hyper NO.</span></p>
<div class="video_wrap"><iframe src="https://www.youtube.com/embed/h5iMGle5fPc?rel=0" width="300" height="150" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">?</span></span></iframe></div>
<p><span style="font-weight: 400;">Hyper NO is a type of electrical steel used to make electric motors. POSCO’s new technology increases the magnetic flux density and reduces core loss of electric motors, making it the perfect gift for electric motor manufacturers looking for ultimate efficiency. </span></p>
<h2><b>Stainless Steel Products- For Everyone</b></h2>
<p><span style="font-weight: 400;">There are some gifts that satisfy just about everyone, like a gift card for the movies or the nearest cafe. It’s not super special, but it’s a safe and sure choice for anyone as it is practical and functional. </span></p>
<p><span style="font-weight: 400;">Stainless steel is the ultimate gift for manufacturers as it’s one of the most widely-used materials in the world for a variety of products including </span><a href="https://newsroom.posco.com/en/saving-lives-surgical-stainless-steel/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">surgical tools</span></a><span style="font-weight: 400;">, </span><a href="https://newsroom.posco.com/en/need-know-stainless-steel-wristwatch/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">watches</span></a><span style="font-weight: 400;">, </span><a href="https://newsroom.posco.com/en/many-stainless-steels-food-industrys-many-needs/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">kitchenware</span></a><span style="font-weight: 400;">, </span><a href="https://newsroom.posco.com/en/stainless-steel-adds-strength-beauty/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">buildings</span></a><span style="font-weight: 400;">, </span><a href="https://newsroom.posco.com/en/time-clean-pipes-stainless-steel/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">pipes</span></a><span style="font-weight: 400;">, </span><a href="https://newsroom.posco.com/en/capturing-fluidity-life-ribbons-steel-interview-gil-bruvel/?utm_source=blog&amp;utm_medium=social" target="_blank" rel="noopener"><span style="font-weight: 400;">artistic sculptures</span></a><span style="font-weight: 400;"> and plenty more. It’s literally the foundation of cities and communities all over the world, and without it, the world would not have the most basic systems in place today. Moreover, stainless steel’s non-corrosive and 100 percent recyclable characteristics make it one of the best gifts for every kind of manufacturer. </span></p>
<div class="video_wrap"><iframe src="https://www.youtube.com/embed/wVZwj-s7M7o?rel=0" width="300" height="150" allowfullscreen="allowfullscreen"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">?</span></span></iframe></div>
<p><span style="font-weight: 400;">No matter the type, there is a perfect gift for every manufacturer with steel. POSCO will make sure to provide even more customized and innovative solutions for its partners and continue to “keep on giving” in the new year. </span></p>
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				<title>POSCO Participates in the 2017 Renewable Energy India Expo with PosMAC Steel</title>
				<link>https://newsroom.posco.com/en/posco-participates-2017-renewable-energy-india-expo-posmac-steel/</link>
				<pubDate>Fri, 22 Sep 2017 09:00:27 +0000</pubDate>
				<dc:creator><![CDATA[posconews]]></dc:creator>
						<category><![CDATA[Press Release]]></category>
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									<description><![CDATA[POSCO India participated in the Renewable Energy India (REI) Expo 2017 at Greater Noida, India from September 20 to 22. Chairman and Managing Director Gee]]></description>
																<content:encoded><![CDATA[<p><span style="font-weight: 400;">POSCO India participated in the Renewable Energy India (REI) Expo 2017 at Greater Noida, India from September 20 to 22. Chairman and Managing Director Gee Woong Sung, along with other employees, took part in the REI Expo to promote POSCO INDIA’s solar photovoltaic (PV) structures.</span></p>
<p><span style="font-weight: 400;">The REI Expo is one of the world&#8217;s largest new and renewable energy exhibitions. More than 725 companies from 40 countries participated in the Expo, along with approximately 50,000 visitors. The turnout was largely due to the Indian government&#8217;s infrastructure expansion and intensive investment plans for new and renewable energy.</span></p>
<div id="attachment_13076" style="width: 660px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en//wp-content/uploads/2017/10/POSCO’s-Booth-at-REI-2017.jpg" target="_blank"><img class="wp-image-13076 size-full" src="https://newsroom.posco.com/en//wp-content/uploads/2017/10/POSCO’s-Booth-at-REI-2017.jpg" alt="POSCO’s Booth at REI 2017 showcased PV structures made of PosMAC steel." width="650" height="460" /></a><p class="wp-caption-text">POSCO’s Booth at REI 2017 showcased PV structures made of PosMAC steel.</p></div>
<p><span style="font-weight: 400;">POSCO India’s booth at the event showcased its solar PV structures made of <a href="https://newsroom.posco.com/en/posco-sees-future-renewable-energy-2/" target="_blank">PosMAC steel</a> to major solar companies and structure manufacturers such as Adani, Nextracker, Arctech, Softbank, Purshotam, etc. </span></p>
<p><span style="font-weight: 400;">During the Expo, Memorandum of Understanding (MoU) agreements were signed with four companies. POSCO India’s Chief Managing Director Gee Woong Sung said, &#8220;By the end of this year, we will complete the Indian solution marketing system, which will supply not only steel but also solar PV structures. In 2018, we will further expand PosMAC sales in India.”</span></p>
<div id="attachment_13075" style="width: 660px" class="wp-caption aligncenter"><a href="https://newsroom.posco.com/en//wp-content/uploads/2017/10/MoU-Signing.jpg" target="_blank"><img class="wp-image-13075 size-full" src="https://newsroom.posco.com/en//wp-content/uploads/2017/10/MoU-Signing.jpg" alt="POSCO India signs an MoU with Ganges Internationale." width="650" height="477" /></a><p class="wp-caption-text">POSCO India signs an MoU with Ganges Internationale.</p></div>
<p><span style="font-weight: 400;">In addition to showcasing their premium product, POSCO has been working hard to meet customer demands in all areas. In order to meet short delivery times and structural supplies required by various PV projects in all parts of India, POSCO India has decided to establish a PosMAC structure supply chain system through strategic cooperation with local construction companies. </span></p>
<p><span style="font-weight: 400;">In the first stage of development, the free space at POSCO-IAPC located in Ahmedabad will be utilized via a long-term lease, and the manufacturing machinery is being installed with an operation target set for October. In the second stage, POSCO India has plans for additional installations in the Delhi and Pune regions.</span></p>
<p><span style="font-weight: 400;">POSCO India will strive to build a differentiated sales network with its solution marketing activities and secure a sustainable competitive advantage over other companies through its <a href="https://newsroom.posco.com/en/posco-leads-indias-growing-automotive-steel-market/" target="_blank">premium-quality products and advanced supply chain system</a>.</span></p>
<p>&nbsp;</p>
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