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Doosan Fuel Cell declares its vision of ‘Hydrogen Energy Global No.1 Player’

- Targets 1 trillion on in sales by 2023… to grow as no. 1 player in fuel cell for power generation

2019-10-11
Doosan Vice Chairman and CEO Dong Hyunsoo gives his commemorative speech at Doosan Fuel Cell vision declaration ceremony.

Doosan Fuel Cell (CEO Yoo Sookyung) held a vision declaration ceremony on October 8 as its first official event since its spin-off and announced its strong start as an independent company.

The vision declaration ceremony was held in Doosan Fuel Cell Iksan factory attended by about 120 employees including Doosan Vice Chairman and CEO Dong Hyunsoo and Doosan Fuel Cell CEO Yoo Sookyung.

Doosan Vice Chairman and CEO Dong Hyunsoo said in his commemorative speech, “Doosan Fuel Cell has made great achievements such as securing PAFC manufacturing mass-production technology, succeeding in the localization of major parts, and achieving 1 trillion won in orders for 2 consecutive years with the dedicated efforts of the employees” and asked “Doosan Fuel Cell to play a leading role in the growth of Doosan Group in the fuel cell market for large power generation with huge growth potential”.

Doosan Fuel Cell CEO Yoo Sookyung introduced its specific growth strategy to achieve 1 trillion won in sales by 2023 to Doosan Fuel Cell employees and declared ‘Hydrogen Energy Global No. 1’, the vision of Doosan Fuel Cell.

Doosan Fuel Cell CEO Yoo Sookyung emphasized saying, “let us secure product development capabilities, business development capabilities, manufacturing and procuring capabilities with unrivaled quality”. He also strongly said “let us all give a fearless challenge based on Doosan Credo”.

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Doosan Fuel Cell CEO Yoo Sookyung explains the vision and mid-to-long term growth strategy of Doosan Fuel Cell.

Doosan Fuel Cell has spun off from Doosan Corporation on October 1 for business management efficiency and expertise enhancement in the hydrogen fuel cell business sector where high growth is expected and will accelerate its corporate value and growth.

Doosan Fuel Cell employees pose for a group photo at the Doosan Fuel Cell vision declaration ceremony.

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