Mar 7 2014
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading construction equipment maker, today announced that it is exhibiting its new construction equipment models at ConExpo2014, one of the world’s major construction equipment exhibitions, in an attempt to gain further ground in the North American market.
Hyundai Heavy’s 120-tonne Ultra Large Excavator at ConExpo2014
At the expo, HHI is showcasing 16 brand new construction equipment including a 120-tonne ultra large excavator, a 52-tonne demolition excavator and a 21-tonne amphibious excavator that are capable of working at bogs or shallow rivers. The Ulsan, South Korea-based construction equipment manufacturer also unveiled its next generation power system, Hi-POSS* (Hyundai Intelligent Power Optimal Sharing & Energy Saving) and Hi-GEO (Hyundai Intelligent Geometry) system that provides operators with the 3D coordinates and locations of the equipment by using GPS.
“We believe that the new models we unveiled at this expo will serve as a stepping stone to further promote the reliability and quality of our products, and enhance our image as a leading construction equipment maker. Moreover, we will continue to make efforts to gain further ground in the North American construction equipment market by expanding dealers’ network and revving up promotions for special construction equipment like demolition and amphibious excavators,” said Mr. Yoon Seok-myung, senior vice president and the head of HHI’s Atlanta incorporated firm.
Hyundai Heavy Industries set its global annual sales target of USD 3.8billion this year, up 27% from a year earlier.
*Hi-POSS
The Hi-POSS (Hyundai Intelligent Power Optimal Sharing & Energy Saving) system is an innovative system that maximizes energy utilization through optimal control of an electronic-controlled pump and valve in lieu of a conventional spool-operated valve, so as to reduce fuel consumption, and to realize operator-tailored operability. The system minimizes flow waste such as relief flow, through optimal flow distribution, and by recycling waste energy. It is anticipated to show an improvement of fuel efficiency by 20% or higher compared to the company‘s conventional systems. The Hi-POSS system controls a total of four pumps and tank lines bundled on a single spool through an electronic control valve in order to enable independent flow control and allow real-time tuning tailored to individual workers without the need for additional spool machining. Moreover, the HI-POSS system provides users with electronic-controlled functions for easy self-diagnosis, and excellent capability for maintenance by sharing electronic-proportional control valves.