Doosan Heavy Industries & Construction

Doosan Heavy Industries & Construction Co., Ltd., a subsidiary of Doosan Group, is a heavy industrial company headquartered in Changwon, South Korea. It was established in 1962. Its business includes manufacturing and construction of nuclear power plants, thermal power stations, turbines and generators, desalination plants, castings, and forgings.

Doosan Heavy Industries & Construction
TypePublic (traded on the Korea Stock Exchange)
KRX: 034020
IndustryPower plants, Desalination Plants & Construction
Founded1962 (1962)
HeadquartersChangwon, South Korea
Key people
Park, YS (Chairman), Chung, Ji Taik (Vice Chairman), Park, Geewon (CEO), Han, Key Sun (COO)
ProductsNuclear power plants, Thermal power plants, Desalination plants, Castings and Forgings to Construction,
Reactor vessel, Steam generator, Pressurised heavy water reactor, generators and Steam & Gas turbines of Power Plant
RevenueUS$ 7.67 billion (2011)
Number of employees
7,728
SubsidiariesDoosan Power Systems, Doosan IMGB, Doosan Heavy Industries Vietnam, Doosan Vina HaiPhong, Doosan Power Systems India, Doosan HF Controls
Websitehttp://doosanheavy.com

History
  • 1962 Founded as Korea Heavy Industries and Construction Co., Ltd.
  • 1999 Integrated with several other domestic power industries
  • 2000 Became public and was listed on Korean stock market
  • 2001 Renamed Doosan Heavy Industries & Construction
Ranked first in global desalination market and selected as "Global Product"
  • 2006 Acquired Kvaerner IMGB (Currently Doosan IMGB) and Mitsui Babcock (Currently Doosan Babcock)
Established water R&D centers in Dubai (UAE) and Tampa, Florida (USA)
  • 2007 Began construction of the Doosan VINA plant (Vietnam)
  • 2009 Acquired Czech-based power systems maker Škoda Power
Doosan VINA plant completed
  • 2011 Acquired AE&E Chennai Works (Currently Doosan Power Systems India)
  • 2012 Acquired the assets of Enpure Limited, a water process engineering company in the UK to form Doosan Enpure
  • 2016 Acquired 1Energy Systems, a Seattle-based company that specializes in ESS control system software, to form Doosan GridTech[1]

In December 2014, it signed a contract to build the Nghi Sơn II Power Station in Vietnam, and in April 2015, the Anin Thermoelectric Power Plant in South Korea.[2][3] In February 2015, it delivered seawater desalination plant facilities for Escondida in Chile.[4] In June and July the company won tenders for water treatment plants in the United Kingdom and Oman.[5] In April 2015, the company delivered a nuclear reactor for the Barakah Nuclear Power Plant in the United Arab Emirates.[6]

References
  1. Song-hoon, Lee (2016-07-13). "Doosan Heavy Acquires US Energy Software Firm to Target Global ESS Market". Business Korea. BusinessKoreaco. Retrieved 2016-08-02.
  2. Jeana Shin (2014-12-29). "Doosan Heavy Industries & Construction Builds Thermal Power Plant in Vietnam". Business Korea. Retrieved 2015-10-23.
  3. Jung Yeon-jin (2015-04-02). "Doosan Heavy Industries & Construction Wins 710 Billion Won Order for Domestic Power Plant". Business Korea. Retrieved 2015-10-23.
  4. "Doosan Ships First Seawater Desalination Plant Facilities to Latin America". Business Korea. 2015-02-03. Retrieved 2015-10-23.
  5. Jung Min-hee (2015-07-02). "Doosan Wins Orders for Water Treatment Plants in Oman and U.K." Business Korea. Retrieved 2015-10-23.
  6. Jung Yeon-jin (2015-04-10). "Doosan Heavy Industries & Construction Ships Nuclear Reactor for U.A.E.'s Barakah Nuclear Power Plant". Business Korea. Retrieved 2015-10-23.


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