Doosan Engineering & Construction

Doosan Engineering & Construction is a South Korean general construction company. Since its inception in 1960, the company has engaged in the construction of infrastructure facilities, including roads, railroads, bridges, ports, buildings and residential facilities.

History

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In 2006, Doosan Engineering & Construction acquires Mitsui Babcock Energy, a UK based boiler design and engineering company, for $169.5 million US dollars.

In 2019, Doosan Engineering and Construction is announced to be delisted from the stock market after becoming an affiliate of Doosan Heavy Industries & Construction.[1]

On June 15, 2020, Doosan Engineering and Construction looks to separate from the Doosan Group as it tries to find a buyer. Doosan E&C reported it is spinning off some assets and liabilities to Valuegrowth Corporation and will own 69.5% of Valuegrowth's common stock.[2]

Major activities

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Civil works

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The Company handles design, implementation, maintenance and repair for all types of civil engineering, including expressways, subways, roads, bridges, industrial and residential complex construction, reclamation, and port construction.

Plant

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The company has track records throughout diverse fields of the plant engineering business, including energy, industrial and environmental plants. It has constructed facilities such as low-temperature liquefied gas storage tanks and gas processing plants not only in Korea but also in many parts of the world, most recently the Madagascar ammonia terminal project.

Building works

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Brand

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Doosan We’ve, Doosan Engineering & Construction's residential apartment brand, was created in 2001.

Business areas

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  • Civil Works
    • Road/Highways
    • Railways/Subways
    • Bridges/Tunnels
    • Ports/Reclaim/Water Works and Sewerage
    • Privately Funded SOC Business
  • Architecture
    • Work Facilities
    • Training/R&D/Production Facilities
    • Cultural/Meeting/Physical Fitness Facilities
    • Leisure/Hotel/Commercial Facilities
    • Public/Medical Facilities
    • Electrical Works
    • Remodeling
  • Housing
    • Rebuilding
    • Redevelopment
    • In-house Development
    • Housing Developments
    • Contracted Projects
  • Plant
    • Environmental Plant
    • Hydrocarbon/Energy Plant
    • Industrial Plant
  • CPE (Chemical Process Equipment)
    • Tower/Column
    • Reactor
    • Heat Exchanger
    • Pressure Vessel
    • Miscellaneous
  • Steel Bridge
    • general bridges
    • suspension bridges
    • truss bridges
    • cable-stayed bridges

References

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  1. ^ "Doosan E&C to Be Delisted and Turned into an Affiliate of Doosan Heavy Industries & Construction". Businesskorea (in Korean). 2019-12-13. Retrieved 2021-07-28.
  2. ^ "Doosan E&C spins off construction assets". Korea JoongAng Daily. Retrieved 2021-07-28.
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