United Technologies, Hanjin Group to team up on sustainability

"Across the UTC, all of our products convert energy to useful work, and new designs are much more efficient than traditional ones. For example, Otis elevators that regenerate electric power when loads descend and operate with one quarter of the power otherwise needed.

"Or on-site electric power generation that captures waste heat to drive nearby loads like air conditioning, consequently doubling energy efficiency. Or fuel cell powered busses with zero emissions. Songdo IBD is an extraordinary opportunity to demonstrate on an urban scale what can be accomplished," said UTC Chairman and CEO David.