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Samsung C&T Delivers Roy Hill Proj...

Historic Milestone

 

On the 10th of December, an event to celebrate Roy Hill project&rsquos historical shipment of iron ore took place at Port Hedland, Western Australia.

In the days and weeks beforehand, untreated iron ore from the project's mines in the Pilbara region had been transformed into 100,000 tons of processed iron ore at a plant onsite before being loaded onto a freight train bound for Port Hedland.

 

 

 

The train then commenced a 347 kilometre journey through the rugged terrain of North Western Australia to Port Hedland, where the ore was loaded onto a ship destined to sail to South Korea.

While it was a historical moment for Roy Hill, Samsung C&T had played an integral role in the project's success by building the plant, rail and port infrastructure and helping to turn the massive project into reality. 

Despite countless challenges, Samsung C&T aligned itself with Roy Hill's key objectives from the outset and invested significant resources in the project to ensure the shipment of ore commenced only 32 months after award of the EPC Contract.

 

 

 

Commenting on the successful completion of the Roy Hill project, Samsung C&T President and CEO Chi Hun Choi said,

"When we first became involved with Roy Hill, many people questioned why we would take on such an ambitious project in one of the harshest regions in Australia with a landscape and climate so different from our own.

However, like the people of Australia and their great pioneers, we battled against the many challenges we faced to finally complete this historic project, which we are honoured to have been part of," he added. 

 

 

World-Class Expertise

 

Samsung C&T commenced work on the Roy Hill project in April 2013 and was tasked with building an iron ore processing plant, a rail network and a fully integrated port for processing and exporting iron ore.

Given the enormity of the project, it was divided into four separate and yet integrated elements, which required a contractor with unrivaled international expertise, experience and the capacity to effectively manage multiple projects simultaneously across vast distances and in remote areas.

Samsung C&T was well suited to this type of challenging project with the company already exhibiting an impressive portfolio of well-executed world-class projects, including the Burj Khalifa in Dubai and the Qurayyah IPP in Saudi Arabia.

 

 

 

Samsung C&T began the Roy Hill project by setting up a project control room in Perth and deploying a real-time, IT system to link and manage communications between multiple sites, which enabled project management to effectively oversee every element of the construction processes.

Completing four separate packages and enabling the shipment of ore within 32 months of contract award while employing an average of 2,400 workers and managing 2,000 individual pieces of operating equipment every day, puts the enormity and complexity of the task into perspective.

Roy Hill is one of the largest, most complex and most challenging projects of its type completed in Samsung C&T's history. As expected, the project faced numerous challenges, some corporate, some technical and some due to the remote location, weather and environmental conditions.

Samsung C&T's tremendous commitment and complete dedication towards this project, with a priority on maximising worker safety and minimising environmental impacts, has delivered a truly successful business outcome.

 

 

Long-Term Relationship

 

Samsung C&T held a number of briefings with local suppliers, service providers and vendors in Western Australia before selecting a handful of leading subcontractors to work with, including Leighton, John Holland, NRW, BGC, Central Systems, SCEE, Goodline, Civmec and McConnell Dowell. The company prioritised the hiring of local workers and specialists in Australia which significantly contributed to local employment and provided a significant boost to the Western Australia economy.

 

 

 

Samsung C&T has built solid and professional long term relationships with its subcontractors through working on the Roy Hill project, which bodes well for further project work in Australia. Most recently, Samsung C&T was awarded the WestConnex Motorway project in a joint venture with Leighton Contractors and John Holland, who worked on the Roy Hill project together.

Samsung C&T is proud of the role it has played in this historic project and looks forward to further opportunities to work on other major Australian infrastructure and resource development projects.

 

Samsung C&T to Participate in a Ne...

SEOUL, Korea - November 23, 2015 &ndash Samsung C&T Corporation has been awarded a contract by Sydney Motorway Corporation (SMC), to design and construct New M5 Motorway in Australia in a joint venture with Leighton Contractors and Dragados.

 

 

 

The AUD$4.3 billion New M5 Motorway is Stage 2 of WestConnex. It will run via twin tunnels from existing M5 East corridor at Kingsgrove to a new interchange at St Peters, providing better access to the airport, south Sydney and Port Botany precincts. The project will include construction of 9km tunnels, a new interchange at St Peters and connections from the interchange to key roads in the area. Construction is expected to begin in mid-2016 and to be completed in late 2019.

 

 "We feel honored to have the opportunity to participate in the WestConnex New M5 project which aims to improve Australia's transport infrastructure," said Hans Whang, the Head of Civil Infrastructure Business Unit of Samsung C&T. "With our combined resources and top priorities on safety and quality, we are fully committed to delivering this project successfully, together with our partners," he added.

 

 

 

WestConnex is Australia's largest integrated transport and urban revitalization project which will link Sydney's west and southwest with the city, airport and port. It is being constructed in three stages and progressively opened, with final completion scheduled for 2023. In June 2015, Samsung C&T was awarded the contract to design and construct the M4 East Motorway, which is part of WestConnex Stage 1, in a joint venture with Leighton Contractors and John Holland.

 

The New Integrated Samsung C&T, wi...

□ Aims to capture new business opportunities in fast growing industries to become a global business partner that offers a full-range of products and services, generating 60 trillion won in annual revenue by 2020. 

 

 □ Creates the new third pillar of the Samsung group, complementing the electronics and financial services business and establishing another growth engine.

 

□ Establishes Governance and CSR committees to enhance the new company's governance policies for the benefit of shareholders and to strengthen the company's CSR efforts.

 

 

 

 

 

SEOUL, Korea, August 31, 2015 - Samsung C&T Corporation ('Samsung C&T') and Cheil Industries are pleased to announce 

the completion of the merger. The combined company will officially become the new integrated Samsung C&T on September 1.

 

With its new vision of "Global Business Partner & Lifestyle Innovator", the new Samsung C&T will maximize the synergies of the merged entities by integrating strategic strengths and executing a growth strategy that can effectively leverage the core competencies of the two companies. The combined company aims to become a global leading business partner and generate 60 trillion won in annual revenue by 2020 by offering a full-range of products and services.

 

The new Samsung C&T will become a new third pillar of the Samsung group, complementing the electronics and financial services

business and establishing another growth engine in biotechnology, fashion and food services. The combined company will own 51.2

percent of Samsung BioLogics, the Samsung group's biopharmaceutical business.

 

The new Samsung C&T will consist of four business groups: 1) Engineering & Construction 2) Trading & Investment 3) Fashion

and 4) Resort & Construction, with President and CEO Choi Chi Hun(Engineering & Construction), Yoon Ju Hwa(Fashion),

Kim Shin(Trading & Investment), and Kim Bong Yung(Resort & Construction) as the heads of the respective groups. New enterprise-wide units will be formed and a synergy committee for the four CEOs will generate cross-business benefits and ensure transparency and open communication.

 

A key objective for Samsung C&T is to enhance shareholder value and fulfill its social responsibilities across the global markets in which it operates. Governance and CSR committees will be established to enhance the new company&rsquos governance policies for the benefit

of shareholders and to strengthen the company's CSR efforts.

 

On September 2, the new Samsung C&T will hold its first board meeting to vote on a variety of issues such as appointment of the

President and CEOs and the formation of the Governance and CSR committees, and hold an official launch event with the Board members and employees of the new Samsung C&T.

 

 

Samsung C&T Participates in AUD $ ...

SEOUL, Korea - June 4, 2015 - Samsung C&T has been awarded by WestConnex Delivery Authority (WDA), a AUD $2.7 billion contract to provide design and construction service to build the WestConnex M4 East motorway in Sydney, Australia in a joint venture with Leighton Contractors and John Holland. The contract will generate revenue for Samsung C&T of approximately $900 million over the next four years.

 

 

 

The M4 East Motorway will provide a 5.5 kilometer tunnel with three lanes in each direction along the Parramatta Road route from the M4 Western Motorway to Parramatta Road and the City West Link at Haberfield. Construction is expected to begin in 2016 and to be completed in 2019.

 

 "We feel privileged to have this opportunity to be part of the WestConnex project and to help further build Australia&rsquos transport network" said Hans Whang, the head of Civil infrastructure business unit of Samsung C&T. He added, "WestConnex M4 East motorway will ultimately ease congestion along Parramatta Road allowing easier local travel.

 

"Samsung C&T is on a fast track to establishing its name as a leader and key player in the civil infrastructure sector in Australia. Samsung C&T expands its presence in Australia by forming strategic partnership with leading companies like Leighton Contractors and John Holland. We are certain that by working closely together with our trusted partners, the project will be successful."

 

Samsung C&T has been successfully implementing Roy Hill, the largest mining project in the world with extensive experience in tunneling and major infrastructure delivery internationally.

 

The WestConnex motorway will link Sydney&rsquos west and south west with the city, airport and port. It is being constructed in three stages and progressively opened, with final completion scheduled for 2023.

 

 

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