Tuesday, April 23, 2019 4:50:07 PM
Also wondering if their may be something in the works in SK with Posco, Doosan, and FCE
*********
According to documents compiled by Rep. Kim Kyu-hwan of the main opposition Liberty Korea Party, the company has been seeking ways to spin off its fuel cell manufacturing unit first and then turning it into a joint venture with new investors. The plan is widely expected to mean Posco Energy’s exit from the fuel cell business, which it has been losing money in for years.
http://m.koreaherald.com/amp/view.php?ud=20180816000633
now this,
Doosan Corp. to Spin Off Fuel Cell, OLED Material Business Units
http://www.businesskorea.co.kr/news/articleViewAmp.html?idxno=30915
Doosan expects that its fuel cell business will grow by more than 20 percent a year on average until 2040 in line with the government’s roadmap to activate the hydrogen economy.
POSCO to Reorganize LNG Business to Increase Synergy
http://www.businesskorea.co.kr/news/articleViewAmp.html?idxno=30914
Doosan IR presentation
Page 9
http://www.doosan.com/download/pdf/ir/report/2018_4Q_en.pdf
Doosan and FCEL both have facilities in Ct and Posco has a manufacturing facility in SK.
Enough there to make me wonder.
Perhaps at least, FCE regains rights to the Asia market.
Lots of activity in SK at the moment.
"A man doesn't know what he knows until he knows what he doesn't know"
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