POSCO Company Overview 2020
POSCO Overview
POSCO Vision
POSCO Business Key Activities POSCO Affiliates
SNNC
www.snnc.co.kr
The World's Best SNNC is a Global Leader in the Nickel Industry
Business Area_Production and sales of ferronickel products and byproducts
"in 2020
Sales
W
698.7
billion KRW
Operating Profit
CO
No. of Employees
w
40.5
311
billion KRW
members
| History
Lead the world's nickel industry with our technological excellence & knowledge!
SNNC is the proud owner of the world's largest electric furnace in single-unit production
capacity and the emerging giant of global Fe-Ni manufacturing. As the first company in
Korea to produce and manufacture Fe-Ni products, it is a contributor of the state's effort
to secure strategic minerals.
| Milestones
2006
Established via POSCO-SMSP Joint Venture
Agreement (JVA)
2008
Received Knowledge Economy Minister Commendation for the facilitation of
free economic zone
2008
Initiated the first tapping from the electric
furnace No.1
2009
Reached normal production capacity only 11 months after completion
Received Prime Minister Award on "2009 Foreign Companies" Day
2011
Signed the Investment Agreement on
Construction of the 2nd Nickel Refining Facility
2014
Completion of Ferronickel Plant No. 2, increasing the ratio of domestic supply
in nickel alloy Received Strategy and Finance Minister Award on Taxpayer's Day
2014
Initiated the first tapping from the electric
furnace No.2.
2019
2015
Completed Ferronickel Plant No. 2
Acquired Best Family Friendly Management Certification Received Grand Prize in
"POSCO Family Safety Awards" and "POSCO Family QSS Awards"
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