Posco International Corp (047050.KS) Diversifiers

Posco International Corporation, an integrated business company, operates in trade, resources, and infrastructure development/operation businesses. It engages in the gas field development and production activities; trading, transportation, and storage through LNG terminals; and LNG combined cycle power generation activities. The company also operates onshore and offshore wind farms, and solar power complex; and produces energy by recycling wasted sewage heat, as well as involved in carbon capture and storage, and clean hydrogen co-fired power generation activities. In addition, it supplies automotive steel sheets to automakers and parts companies; construction steel materials for structural, interior, and exterior use; steel for regular ships, and special naval vessels; and steel materials for the energy industry, such as solar power, wind power, hydrogen, CCUS, and LNG. Further, the company supplies steel raw materials comprising iron ore, raw coal, and power generation coal for conventional iron and steel manufacturing businesses; and car parts. Additionally, it engages in the secondary battery raw material and recycling business; grain trading and rice processing activities; and palm oil and cotton businesses. In addition, the company is involved in the distribution of biodegradable bioplastics; smartification of agriculture through the integration of ICT and biotechnology; and operation of enclosed supersonic vacuum maglev train. The company was formerly known as Posco Daewoo Corporation and changed its name to Posco International Corporation in March 2019. Posco International Corporation was founded in 1967 and is headquartered in Seoul, South Korea. Posco International Corporation is a subsidiary of POSCO Holdings Inc