Corporate profiles compiled by George Draffan
Public Information Network, PO Box 95316, Seattle WA 98145-2316 USA
FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political and economic issues.
Halla is a South Korean conglomerate owned, in turn, by Hyundai Corporation. Halla is interested in the Samarga River Watershed (Primorsky Region, Russia) which is north of the Svetlaya (Hyundai) venture and northeast of the Bikin. The Samarga is a two million acre watershed of virgin forest and one of the last three intact river systems (along with the Bikin and Khor) allowing the Udege peoples to continue a land-based lifestyle. The regional government is interested both in logging here and in building a road across the Samarga which would give ocean access to the Khor and, in the future, the Bikin. Halla has flown over the area and the regional government has perhaps asked Halla to be involved in the logging and/or road building operations. Halla has a substantial presence overseas. It has offices in Brea (California), New York, Detroit, London, (UK) Belleville, (Ontario, Canada -- climate control business), Moscow (Russia), Kuala Lumpur (Malaysia), Dalien, Guangzhou, Beijing and Shanghai (China), Tokyo (Japan), Kimbe and Port Moresby (Papua New Guinea) and Mexico City (Mexico). It has at least one timber interest outside Korea in the South Pacific island of Papua New Guinea (where it has a timber subsidiary called Nam Yang Timber Pty, Ltd.) In Feburary or March of 1996 Halla won a billion dollar contract to build an expressway in Papua New Guinea (April 3, 1996 e-mail from Lisa Tracy, Pacific Environment and Resources Center, Sausalito CA, citing Pratap Chatterjee).
HALLIBURTON click here for separate profile
In 1991, Broken Hill completed a merger between itself & Hamilton Oil of the U.S. (New York Times, Mar. 14, 1991; Dow Jones, July 3, 1991; Financial Times, July 4, 1991; Wall Street Journal, July 5, 1991).
JOHN HANCOCK FINANCIAL SERVICES
200 Clarendon Street, Boston, Massachusetts 02117
Investor Relations telephone: 617-572-0521, 617-572-4799
John Hancock is a leading U.S. financial services company, providing a broad array of insurance and investment products and services to retail and institutional customers. As of December 31, 1999, John Hancock and its subsidiaries had total assets under management of $127.3 billion.
Life insurance in Thailand is a U.S. OPIC-assisted project (OPIC 1991 Annual Report).
Hancock Timber Resource Group
99 High Street, 26th floor, Boston, MA 02110-2320, telephone: 617-747-1600, fax: 617-747-1516
Founded in 1985, HTRG is the world's leading timberland investment management organization. The firm is an investment unit of John Hancock Financial Services. HTRG develops and manages timberland portfolios for institutional investors and currently oversees 3 million acres, worth US$3 billion, in the major timber-growing regions of North America -- the Pacific Northwest (Oregon, Washington), California, the Southeast (Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Texas, Virginia) and the Northeast (Maine, New Hampshire, New York, Vermont). HTRG also invests in British Columbia, Canada, and Victoria, Australia.
HTRG is monitored by Hancock Watch at http://www.hancock.forests.org.au
In 1929, Hanna was combined into the new National Steel.
Hanna owns Iron Ore, which closed a branch in Schefferville, Quebec, Canada to open one in Brazil. Brian Mulroney was the president of Iron Ore of Canada (Multinational Monitor, Oct. 1991, p. 23).
Carol Lake mine, Newfoundland, Canada.
HANSON (HANSON TRUST, HANSON INDUSTRIES, HANSON PLC)
180 Brompton Road, London SW3 1HF, England, telephone (44) 1-589-7070
Hanson PLC, 1 Grosvenor Place, London SW1 X7JH, England
Hanson Industries, 410 Park Ave, New York NY 10022, telephone 212-759-7195
Hanson Industries, 99 Wood Ave South, Iselin NJ 08830, telephone 201-549-7050
Founded in 1964, Hanson is already one of Britain's (and the U.S.'s) largest companies. Specializes in takeovers: Hanson has bought (and sometimes sold) Smith-Corona typewriters, Glidden Paints, Durkee Foods, Britain food giant Imperial Group, Player cigarettes, Farberware cookware, Kaiser Cement, Consolidated Gold Fields, Jacuzzi whirlpools, and Worcestershire sauce. See entries in The Global Marketplace, 1987 and in Everybody's Business, 1980 and 1990.
Consolidated Gold Fields
Acquired in 1989; Minorco was also bidding for the company. CGF's South African interests were then sold as "Gold Fields of South Africa" (Directory of Corporate Affiliations).
Peabody Coal subsidiary
In 1976, Kennecott sold Peabody Coal to a consortium which included Bechtel, Equitable Life Assurance, Fluor, Newmont Mining, and Williams Company; Hanson bought Peabody in 1990. Peabody's coal mining in Arizona has caused the relocation of Navajo peoples at Big Mountain. See Peabody entry.
In July 1996, Hanson anounced it would reduce the book value of mineral reserves held by its Cornerstone Construction and Peabody Coal units, and that Peabody Coal would revise its payments to miners with black lung disease; these changes were part of Hanson's plan to spin off three of its units (New York Times, July 9, 1996, citing Bloomberg Business News).
HARDWOOD PLYWOOD MANUFACTURERS ASSOCIATION
Box 2789, 1825 Michael Faraday Drive, Reston, VA 22090
Advertsied in Asian Timber Buyers Guide 89 (Jan/Feb. 1989).
HARRISON RESEARCH LABORATORIES
"The president of a clinical laboratory in Union, NJ, pleaded guilty on Feb. 2 to testing the pesticide DEET on 310 people without fully informing them about the chemical's potential effects. The U.S. Attorney's Office charged Lynne Harrison, president and owner of Harrison Research Laboratories Inc., with violating federal environmental laws in 1995 and 1996 when her company conducted experiments on the "unsuspecting test subjects." The research lab also pleaded guilty to obstruction of justice in connection with an investigation by the U.S. EPA. Harrison solicited subjects through radio and newspaper ads and paid them $5 to participate in the test, but never informed them of the chemical's health effects, according to the U.S. EPA. DEET is commonly found in bug repellent. The agency discovered the violations in a random review and called the actions of Harrison and her company "shocking in their callous disregard for the well-being of other people." The EPA plans to notify the subjects but does not anticipate finding any health problems because of the pesticide's low toxicity to humans. Harrison faces a maximum sentence of 30 days in jail and a $1,000 fine. Her company could pay up to $500,000." (Greenwire, Feb 4, 2000, citing U.S. Attorney, District of New Jersey release, Feb. 2, EPA Region II release, Feb. 3, and Twyman, Newark Star-Ledger, Feb. 3).
HASAN, BOB (The Kian Seng)
Once Indonesia's top timberman, with rights to two million hectares, and Suharto partner since the 1950s. Hasan fell with Suharto.
Hasan controled numerous timber and related associations, including the rattan cartel, ASMINDO, APKINDO, Nippindo, Indonesian Loggers' Association (APHI), and the Indonesian Forestry Community. (Asian Timber, Apr. 1992, pp. 16, 18; Indonesia Business Weekly, Mar. 6, 1995, p. 4-7; Jakarta Post, Feb. 16, 1995; Jakarta Post, Mar. 20, 1995).
Apkindo was the Indonesian plywood cartel. In 1988, Apkindo established Nippindo to control the sale of Indonesian plywood in Japan. Apkindo and Nippindo flood the market with high-quality, below-cost plywood, set export prices, establish production quotas, and issues export licenses -- even requiring exporters to use Karana Shipping Lines and the Tugu Mandiri insurance company (p. 70-71, 90-91).
Aspex Paper. Hasan/Korean/Hong Kong joint venture (Carrere and Lohmann, Pulping the South, p. 213).
Kalimanas group. In October, 1989, Weyerhaeuser "sold" its Paneling Division to Chesapeake Hardwood Products Inc., a newly-formed affiliate of the Indonesian Kalimanis Group. Weyerhaeuser's Chesapeake, Virginia wall paneling and Hancock, Vermont hardwood plywood plants, whose main raw material is Indonesian plywood, remain under Weyerhaeuser management (according to Asian Timber, Nov. 1989, p. 22; Gerry W. White is PT Kalimanis Plywood Industries' managing director in Indonesia). "Weyerhaeuser will remain a customer and distribute for the new company" (Seattle Times and Post-Intelligencer, Oct. 24, 1989). Weyerhaeuser has been boycotted, along with Georgia-Pacific, for being one of the major importers of tropical wood in the U.S. In letters to the Rainforest Action Network, Weyerhaeuser denies controlling Chesapeake and denies having tropical forest business. See Rainforest Action Network leaflet, Dec. 1989, and World Rainforest Report, Jan-Feb. 1990.
International Timber Corporation of Indonesia (ITCI). Owned by Weyerhaeuser from 1971 to 1981 (see Weyerhaeuser entry). In the 1990s, ITCI was owned 51 percent by the Indonesian military, 34 percent by Bimantara Citra conglomerate controlled by Suharto, and 15 percent by Hasan. ITCI operates 600,000 hectares of timber, the largest concession in Indonesia (Dauvergne, Shadows in the Forest, p. 71).
Abbas Adhar, vice-chairman of the Apkindo cartel, was also president of ITCI (Asian Timber, Apr. 1988, p. 26).
Kertas Kraft Aceh cement sack paper mill in northern Sumatra, Indonesia; joint venture with Georgia-Pacific; will use 100,000 hectares of pine forest in central Aceh until plantation forest is available (Carrere and Lohmann, Pulping the South, p. 213, 220).
Kiana Kertas pulp mill in east Kalimantan, Indonesia (Carrere and Lohmann, Pulping the South, p. 213).
Kiani Lestari (Asian Timber, Apr. 1992, p. 16,18).
In response to the Asian finacial crisis of 1998, the Indonesian government, under pressure from the International Monetary Fund and other banks, said it would:
1. Reduce export taxes on logs [implemented by Hasan in the mid-1980s in order to develop the plywood industry] and rattan to a maximum of 10% ad valorem in March, 1998. (Previously, very high export taxes [up to 200 percent] made it almost impossible to legally export unprocessed logs or rattan.)
2. Eliminate the Indonesian Plywood Association (APKINDO)'s monopoly over plywood exports.
3. Remove the ban on palm oil product exports, and its replacement with an export tax of 20% or less.
4. Transfer control over all government - owned commercial forestry companies from the Ministry of Forestry to the Ministry of Finance.
5. Reduce land conversion targets to environmentally sustainable levels and implement a system of performance bonds for forest concessions by the end of 1998.
6. Incorporate the reforestation fund into the national budget, use money in the fund only for reforestation purposes, and charge reforestation fees in rupiah rather than dollars. (Previously, the fund was managed as an off-budget account by the Ministry of Forestry, and occassionally used for non-forest related purposes.)
7. Create new resource rent taxes on timber resources, an increase in timber stumpage fees charged to forest concessions, and implementation of an auction system to allocate new concessions.
8. Remove restrictions on foreign investment in palm oil plantations.
9. Increase the proportion of the market value of land and buildings assessable for tax purposes to 40% for plantations and forest property.
Most of these reforms form part of the government's recent 'letter of intent' signed with the IMF, and hence constitute conditions which must be fulfilled to obtain continued disbusal of IMF funds. (David Kaimowitz, Breaking News: Asia's crisis and Indonesia's forests, POLEX (LISTSERV) <POLEX@cgnet.com>, Jan. 25, 1998).
On January 26, 1998, Michel Camdessus, Managing Director of the International Monetary Fund, announced that the Indonesian government had put into place "a wide range of measures to eliminate structural distortions and restrictions...before their committed date of February 1. In particular, all special privileges granted to the National Car Program have been eliminated; ...restrictive marketing arrangements have been abolished; domestic trade in agricultural products liberalized..." (Managing Director's Statement: Indonesia Announces Comprehensive Reforms; Seeks to Rehabilitate Banking Sector. IMF Survey, Vol. 27, No.3, February 9, 1998). According to the Wall Street Journal, however, the marketing board of the plywood cartel, APKINDO simply changed its name and ordered plywood companies to continue using its services (Indonesian Plywood Cartel Hangs Itself a New Shingle, Wall Street Journal, February 9, 1998. 20; Suharto's Grandson Gets Water Supply Contract, Singapore Straits Times, February 7, 1998. See also President's Grandson Follows In the Footsteps of His Relatives, Wall Street Journal, February 19, 1998). The rattan cartel, ASMINDO, imposed by Mr. Hasan in the early 1990's, devastated the local economies of the Kalimantan provinces which were dependent on the export of rattan. The Governors of these provinces demanded a repeal of the rattan regulations, to no avail. The economic livelihoods of hundreds of thousands of rattan cultivators, collectors and mat and furniture makers were destroyed. Recent statements by provincial officials in East Kalimantan appear to support the break-up of the rattan monopoly, which was slated for March 1, 1998. The break-up of this monopoly is likely to allow for substantial increases in the incomes of the indigenous forest dwelling peoples of Kalimantan who have developed sophisticated systems of rattan cultivation, but who have been prevented from directly marketing their sustainably harvested crops by the rattan cartel. Thus, the break-up of the plywood cartel, APKINDO, and its Indonesian/Japanese counterpart, NIPPINDO, and of the Indonesian rattan cartel, ASMINDO, all controlled by Mohammad "Bob" Hasan, are of major importance not just for the economic future of Indonesia, but for its and social stability (Stephanie Fried and Bruce Rich, NGO Letter To WB & IMF Re Indonesia Bailout (sent to colleagues in the environmental, human rights and, development communities), Environmental Defense Fund, Washington, D.C., March 1998.
In 1996, forest fires (many set by timber operators in order to clear forest for replanting with palm oil) burned 200,000 hectares in eastern Kalimantan and 80,000 hectares in central Sumatra; fires in early 1998 burned another 21,000 hectares of forest (Asian Timber, Apr. 1988, p. 24).
In March 1998, Suharto appointed Hasan minister of trade and industry (Asian Timber, Apr. 1988, p. 26). Meanwhile, Apkindo vice-chairman Abbas Adhar (who is also president of the International Timber Corporation of Indonesia -- see ITCI, above) estimated that 30 of Indonesia's 112 plywood producers had shut down due to the crisis, which had reduced demand from South Korea and Japan, the two biggest importers of Indonesian plywood (p. 26).
HAWAII ELECTRIC INDUSTRIES
900 Richards St., Honolulu, HI 96813
PO Box 730, Honolulu, HI 96808
C. Dudley Pratt, Jr., CEO
Geothermal energy development on Mauna Loa volcano at Kilauea on big island of Hawaii, in lowland tropical rainforest. Road construction and drilling began in the fall of 1989, and the issue has generated civil disobedience and a campaign by Rainforest Action Network and local groups. In April 1990, 1200 attended a demonstration in which 144 were arrested. Hawaii asked for $15 million in federal funds to finance a pro-geothermal development campaign (Tropical Forest News, v.3 n.3, August 1990). See entries for Campbell Estate, Mid-Pacific, Ormat, and True Geothermal, its partners in the project, and possible partners California Energy Co., Mission Power Engineering, Mitsubishi, and Sumitomo.
HAWTHORNE LUMBER CO.
Has operated in the West Indies for more than forty years. Major exporter of Honduras pitch pine, with a yard at Porterillos. Also owns Caribbean Lumber Co., Savannah, Georgia, and Dantzler/West Indies (Forest Industries, June 1988, p.44).
November 2003 federal indictment of Richard Scrushy included 85 criminal counts of conspiracy and securities fraud under the new Sarbanes-Oxley law.
HCA (Hospital Corporation of America)
Wikipedia profile (as of July 24, 2007):
The Hospital Corporation of America (HCA) is the largest private operator of health care facilities in the world. It is based in Nashville, Tennessee, United States and is widely considered to be the single largest factor in making that city a hotspot for healthcare enterprise.
The founders included two members of the Frist family, which became very wealthy as a result. The former majority leader of the U.S. Senate, Bill Frist is a member of the family and has a substantial stake in the company. Most of his $20 million (or more) personal fortune was made through his holdings in HCA. Jack O. Bovender, Jr., is the Chief Executive Officer of HCA.
During the 1970s-1980s the corporation went through a tremendous growth period acquiring hundreds of hospitals across the United States which numbered 255 owned and 208 which HCA managed.
In the late-1990s, after a merger with Louisville-based Columbia Hospital Corporation which formed Columbia/HCA, the company was investigated by the government for Medicare and Medicaid fraud and paid a settlement of $1.7 billion, the largest fraud settlement in US history at the time. Then-CEO Rick Scott resigned but no criminal prosecutions resulted.
The name subsequently reverted to "Hospital Corporation of America." HCA abandoned the use of its name in its home market and instead promotes its Nashville hospitals under the TriStar brand.
On June 13, 2005, Senator Frist reportedly instructed the trustee managing his HCA shares to sell all of his stock. The sale took place in July, two weeks before disappointing earnings sent the stock on a 15-point plunge. In November 2006 HCA was acquired by Kohlberg Kravis Roberts, Bain Capital and Merrill Lynch Global Private Equity in what was, at the time, the largest leveraged buyout (LBO) in history, adjusted for inflation. [END Wikipedia profile]
HCA Board of Directors (as of July 2007)
Jack O. Bovender, Jr.
Nashville Area Chamber of Commerce, Duke University's Fuqua School of Business, and emeritus of Duke University Divinity School's Board of Visitors. He is a member of the Business Council.
Richard M. Bracken
Federation of American Hospitals, St. Luke's Community Center in Nashville, United Way of Metropolitan Nashville
Thomas F. Frist, Jr., M.D.
Frist Foundation, Frist Center for the Visual Arts, Vanderbilt Board of Trust, United Way of America, United Way’s Alexis de Tocqueville Society, Montgomery Bell Academy, IBM, Business Council, Nashville area Chamber of Commerce, Nashville Community Foundation
Thomas F. Frist, III
Frist Capital, LLC, FS Partners LLC, Rainwater Inc.
Bain Capital, CRC Health Group, Warner Chilcott, MC Communications, ProSiebenSat1.Media AG, AMC Theatres, Sungard Data Systems, Warner Music Group, Cumulus Media Partners, Boston Celtics, Epoch Senior Living, Children’s Hospital, Berklee College of Music, University of Virginia McIntire Foundation
Bain Capital, Warner Chilcott, Accellent, CRC Health Group, Epoch Senior Living
Bain Capital, Boston Celtics, Peat Marwick Mitchell, King, Gartner Group, ProSieben, Massachusetts Society for the Prevention of Cruelty to Children, Boston Celtics Shamrock Foundation, Inner City Scholarship Fund, Right To Play, Bain Capital Children’s Charity, Duke University Trinity Board of Advisors
Michael W. Michelson
Kohlberg Kravis Roberts, Alliance Imaging, Jazz Pharmaceuticals, Accellent
James C. Momtazee
Kohlberg Kravis Roberts, Accellent, Alliance Imaging, Jazz Pharmaceuticals
Kohlberg Kravis Robers, GTCR Golder Rauner
Christopher J. Birosak
Merrill Lynch Global Private Equity
George A. Bitar
Merrill Lynch Global Private Equity
Nathan C. Thorne
Merrill Lynch, Merrill Lynch Global Private Equity
Fined $840 million in 2000: "HCA-The Healthcare Company (formerly known as Columbia-HCA), the largest for-profit hospital chain in the United States, has agreed to plead guilty to criminal conduct and pay more than $840 million in criminal fines, civil penalties and damages for alleged unlawful billing practices... HCA will pay a total of $745 million to resolve five allegations regarding the manner in which it bills the U.S. government and the states for health care costs. The agreement does not resolve allegations that HCA unlawfully charged for the costs of running its hospitals on cost reports submitted to the government, and that it paid kickbacks to physicians to get Medicare and Medicaid patients referred to its facilities. Of the $745 million, the settlement requires HCA to pay: more than $95 million to resolve civil claims arising from the company's outpatient laboratory billing practices, which included billing to Medicare, Medicaid, the Defense Department's TRICARE health care program, and the Federal Employees' Health Benefits Program, for lab tests that were not medically necessary, not ordered by physicians, as well as other billing violations; more than $403 million to resolve civil claims arising from "upcoding," where false diagnosis codes were assigned to patient records in order to increase reimbursement to the hospitals by Medicare, Medicaid, TRICARE and the Federal Employees' Health Benefits Program. The guilty plea includes one count relating to this upcoding practice; $50 million to resolve civil claims that the company illegally claimed non-reimbursable marketing and advertising costs it disguised as community education. Medicare reimburses providers for "community education" - costs to educate the community at large about public health issues - but not for advertising and marketing a hospital's services; $90 million to resolve civil claims that HCA illegally charged Medicare for non-reimbursable costs incurred in the purchase of home health agencies owned by the Olsten Corporation, as well as other agencies in Florida, Georgia and Alabama. According to the government, HCA devised an elaborate scheme to hide these costs in reimbursable "management fees" paid to third parties. In 1999, a subsidiary of Olsten Corporation, Kimberly Quality Care, entered into criminal plea agreements in three districts and paid more than $10 million in criminal fines. Olsten paid nearly $41 million as part of a civil settlement arising from its collusion with HCA for that conduct. HCA has now agreed to pay $90 million to settle this issue, and; $106 million to resolve civil claims for billing Medicare, Medicaid and TRICARE for home health visits for patients who did not qualify to receive them or were not performed and for committing other billing violations. (US DOJ, Dec 2000).
March 15, 2001 - The Justice Department filed in federal court today a document of more than 1,000 pages detailing a vast and broad scheme by HCA-The Healthcare Co. (formerly Columbia/HCA Healthcare Corp.) to defraud the Medicare system of more than $400 million by making false claims in its annual "cost reports."
"The amended complaint - filed by the government today to meet a court deadline - is the latest salvo in a eight-year government investigation of Medicare cost reporting fraud by HCA and its related companies that was sparked by two "qui tam" (whistleblower) lawsuits. HCA is the nation's largest hospital company.
"The government also filed today separate complaints pursuing its longstanding investigation of the other outstanding civil issue confronting HCA: kickbacks and improper physician investment arrangements.
"If the cost report case results in a victory at trial, HCA's liability could be more than $1 billion plus an undetermined amount in penalties, because the lawsuits were brought under the False Claims Act. That federal fraud law provides that liable companies may be required to pay up to three times damages plus penalties of $5,000 to $10,000 for each false claim made to the government.
"The complaint also includes allegations of HCA cost report fraud schemes for which the government has not yet determined its monetary losses.
"A former HCA management subsidiary pleaded guilty last December to criminal charges related to many of the schemes alleged in today's complaints. HCA paid $95.3 million to settle the criminal charges, but has not yet resolved its civil liability for cost report and kickback issues. HCA's cost reporting liability will be separate from and in addition to the $745 million civil settlement reached last year on other claims.
"The breadth of the allegations and the detailed calculations of Medicare's losses are a clear signal that HCA's problems with the government are far from over," said Stephen Meagher, a San Francisco attorney with Phillips & Cohen LLP, which represents the two whistleblowers.
"The government's analysis of HCA's cost reports finds that the company set aside reserves totaling more than $400 million from 1987 to 1997 to cover claims that it knew were not allowed under Medicare reimbursement regulations. Nearly 400 past and present HCA facilities made thousands of false claims, the government found.
"The scope of the fraud alleged in the government's complaint is unprecedented," said Peter W. Chatfield, a Washington, D.C., attorney with Phillips & Cohen. "But it is in many ways a very conservative estimate of the fraud. The Justice Department has given HCA the benefit of any possible doubt on tens of millions of dollars in highly dubious claims submitted, and reserved for, by HCA."
"The government charges that HCA: Filed claims and received reimbursement for nonallowable costs such as for marketing, advertising and unrelated investments by mischaracterizing them. Billed Medicare for idle space in hospitals by claiming it was being used for patient care. Concealed overcharges and Medicare auditing errors that favored HCA facilities. Failed to implement Medicare audit adjustments in cost reports in subsequent years - continuing to claim costs that Medicare auditors previously had disallowed for reimbursement. Shifted costs to home health rehabilitation and other facilities that Medicare reimbursed at higher rates. "The government's amended complaint also reveals for the first time details of HCA's spin off of 104 hospitals in 1987 to form HealthTrust Inc. The complaint alleges that Medicare unwittingly paid more than $100 million of the cost of that business deal. The chairman, CEO and president of HCA at that time was its current chairman, Thomas Frist." (Whistleblowers.com, March 15, 2001).
"[T]he Bush Justice Department suddenly ended a near-decade long federal investigation into how HCA for years had defrauded Medicaid, Medicare and Tricare (the federal program that covers the military and their families), giving the greedy health-care behemoth's executives a sweetheart settlement that kept them out of the can. The government's case was that HCA kept two sets of books and fraudulently overbilled the government. The deal meant that HCA agreed to pay the government $631 million for its lucrative scams -- which, on top of previous fines, brought the total government penalties against the health-care conglomerate to a whopping $1.7 billion, the largest fraud settlement in history, breaking the old record set by Drexel Burnham. The deal also meant that HCA can continue to participate in Medicare..." (The Bad Doctor: Bill Frist's long record of corporate vices, By Doug Ireland, LA Weekly, Jan 10, 2003).
[In October 2005] Hagens Berman Sobol Shapiro has filed a nationwide class-action lawsuit on behalf of individual patients against Hospital Corporation of America (HCA). The suit alleges that since October, 2000 HCA has artificially inflated their gross charges resulting in significantly higher rates than the national average. According to the complaint, the aggressive pricing strategy was an effort to increase revenues and profits at the expense of the Medicare program and those without the bargaining power of an insurance company. On average, those with insurance pay 40 to 80 percent less than those without insurance. The suit seeks to represent individuals who received medical care and/or purchased products from any HCA facility and are uninsured, or those whose insurance does not cover full charges, or those who are self-insured, or those individuals with Medicare and/or Medicaid who made co-payments based on a percentage of the gross rate. (Hagens Berman Sobol Shapiro website)
959 Eighth Ave, New York NY 10019
Privately held media corporation that includes magazines, newspapers, radio and television stations, book publishing, entertainment and syndication networks; it also includes Down East Timberlands, Hearst Realties, and Sunical Land & Livestock (Hoover's Handbook of American Business 1993, p. 317).
The Hearst empire, based in 19th century mining and yellow journalism, has included a third of the Anaconda copper mine in Montana; the Homestake gold mine (Black Hills, South Dakota); the 250,000-acre Victoria cattle ranch in New Mexico; a 1,000 square miles in Yucatan, Campeche, and Veracruz, Mexico; the 900,000-acre Babicora ranch in Chihuahua, Mexico; 200,000 acres in California between the coast and the San Lucia Mountains; mines in Chile, Peru, and Mexico; interests in the Gould & Curry and Ophir silver mines (Comstock, Nevada); the Ontario mine in Utah (The Age of the Moguls, by Stewart H. Holbrook; Doubleday, 1953).
Heavilift is a subcontractor involved in oil exploration in Burma. Myanmar Oil & Gas Enterprise (MOGE), the agency overseeing oil and gas development in Burma, is controlled by the military regime SLORC; since 1989, MOGE has signed multimillion dollar contracts with many foreign oil companies. A subsidiary of the Thai national oil company, PTT Exploration and Production, has proposed developing natural gas in Burma's Gulf of Mataban and shipping it to Thailand through an undersea pipeline. (See article by Dara O'Rourke, "Oil in Burma: Fueling Oppression," Multinational Monitor 13(10):7-11, Oct. 1992).
HEAVY INDUSTRY CORPORATION
In 1984, the German company Fritz Werner began an ammunition-manufacturing joint venture with Heavy Industry Corporation (an arm of SLORC, the military regime conrolling Burma (Burma Issues, Oct. 1993, p. 3).
HECLA MINING CO. click here for Idaho toxic clean-up
6500 Mineral Drive, Coeur d'Alene ID 83814
Metals accounted for 66 percent of 1991 revenues of $118 million; industrial materials, for 34 percent (Worldscope database record).
Plans to develop the La Choya gold (140,000 ounces proven reserves) on 35,000 acres in northwestern Mexico, 30 miles south of the U.S. border. Hecla president Art Brown was quoted as saying the company chose Mexico because in the U.S., "there's always somebody appealing this, appealing that... a lot of it is just nuisance. we want to look at countries that are more friendly to companies coming in to develop their resources" (Marple's Business Newsletter, June 17, 1992).
In March 1996, the U.S. sued ASARCO, Coeur d'Alene Mines, Hecla Mining, and Sunshine Mining, alleging that these corporations and several affiliates were responsbile for the clean-up of more than 70 million tons of lead, zinc, cadmium, and other toxic mining wastes spread over 1,500 square miles of the Coeur d'Alene River basin in northern Idaho in the past century (Transitions, Mar-Apr. 1996, includes reprints of press releases and news stories; Inland Empire Public Lands Council, PO Box 2210, Spokane WA 99210).
HEXSA CORPORATION BHD
Hexza has a joint venture with the Finnish company Neste Corporation to invest $26 million in a plant in Sarawak, Malaysia, to produce formaldehyde-based resins for the plywood industry in Sabah and Sarawak (Asian Timber, June 1992 and July 1992, p. 7).
HICKSON INTERNATIONAL PLC
Wheldon Road, Castleford, Yorkshire WF10 2JT, England
telephone (0977) 556565
1 Dhoby Ghaut, No. 09-01 Cathay Bldg, Singapore 0922
Box 2093, 8-2A Jalan Batai, Damansara Heights, 50480 Kuala Lumpur, Malaysia
Performance chemicals accounted for 44 percent of 1991 revenues; applied chemicals, for 30 percent; and fine chemicals, for 26 percent. Sales were in the United Kingdom (51 percent), the rest of Europe (19 percent), U.S. (25 percent), and South Africa (5 percent) (Worldscope database record).
Hickson sells timber preservatives through Malaysian and Singapore outlets. Advertised in Asian Timber (1988, 1990) and Malaysian Forester (1986). Has 1200 chemical plants around the world.
"Hickson Corp. has agreed to pay $400,000 for soil and ground water contamination at its chemical plant in DeKalb County, GA. The fine is one of the largest ever imposed by the state against a corporation for environmental contamination" (Greenwire, Feb 15, 2000, citing Charles Seabrook, Atlanta Journal-Constitution, Feb. 11).
HIGHLANDS GOLD see MIM Holdings
HILL & KNOWLTON
420 Lexington Ave. 11th Floor, New York NY 10017
Major public relations firm.
During the Persian Gulf War, Hill & Knowlton worked alongside the White House and was paid $10 million by Kuwait; H&K's CEO was Craig Fuller, former chief of staff for President George Bush; Fuller now works for Philip Morris (Joel Bleifuss's articles in In These Times, Sept. 6, Sept. 20, Oct. 4, 1993, excerpted in Utne Reader, Jan-Feb. 1994, p. 77-78; Bleifuss cites Susan Trento's book about Hill & Knowlton, The Power House).
6, Kanda-surugadai 4-chome, Chiyoda-ku, Tokyo 101, Japan
telephone (03) 3258-1111
Hitachi America, 2000 Sierra Ponit Parkway, Brisbane, CA 94005
Begun in 1920. Produced radar and sonar for the Japanese in World War II; partially shut down after the War by occupation forces, Hitachi was saved from bankruptcy by U.S. military contracts during the Korean War. Now has 30,000 employees making 20,000 products in 38 countries. Had 1991 sales of $58 billion in mainframe computers, heavy machinery, home elctronics, power plants; 85 percent of its 1991 sales were in Japan (Hoover's Handbook of World Business 1993, p. 254-255).
The Worldscope database has 13 records for Hitachi:
Hitachi Cable (wires and cable, copper and synthetic rubber products); Hitachi Chemical (electrical components, resin, carbon, and metal products, car parts); Hitachi Construction Machinery (cranes, excavation equipment); Hitachi Credit (non-bank finance company for leasing, loan gurantees, and credit card facilities); Hitachi Kiden Kogyo (cranes, water treatment and electrical equipment); Hitachi Koki (power tools, computer printers, scientific instruments); Hitachi Maxell (magnetic tapes, recording media, batteries and electrical equipment); Hitachi Metals (electronic parts, specialty steel, auto parts, piping); Hitachi Plant Engineering & Construction (air conditioning, power plants, industrial plants); Hitachi Sales Corporation (consumer electronics and appliances, lighting and heating equipment); Hitachi Seiki Co., Ltd. (machine tools); Hitachi Zosen Corporation (industrial plant and equipment, shipbuilding, electronics); and Hitachi, Ltd. (infomration services, electronics, power and industrial services, household appliances).
Hitachi, Sumitomo, and Toshiba have been awarded contracts to supply turbines for the World Bank-backed Narmada Dam Project of 30 major and 3000 smaller dams in Gujarat state, India. The project could eventually flood 865,000 acres of forest and 500,000 acres of farmland and cause the relocation of a million people. The Japanese government is also providing financing (Seattle Times, Apr. 20, 1990).
Hitachi is also involved in Indonesia, through its association with Marubeni.
D-6230 Frankfurt am Main 80, Germany
Hoechst Celanese, Route 202-206 North, Somerville NJ 08876
Founded in the 1860s as a dye company, expanded into pharmaceuticals and petrochemcials, was part of the I.G. Farben trust. Hoechst is now one of the largest chemical companies in the world. Chemicals and color accounted for 24 percent of its 1991 sales; fibers, 15 percent; health products, 22 percent; polymers, 18 percent; engineering, 15 percent; agricultural chemicals and pesticides, 6 percent. Its 1991 sales were spread in the European Community (50 percent), other European (7 percent), North America (19 percent), Latin America (almost 8 percent), and Africa, Asia, and Australasia (almost 16 percent) (Worldscope database record).
Pampa, Texas residents have charged the Hoechst emissions have caused Down's syndrome. Dr. Gerals Holman, former dean of Texas Medical School, testified to the likelihood of Hoechst being negligent. See David Lapp, Hoechst Harms Pampa, Multinational Monitor, May 1990, p. 32.
Media conglomerate owning hundreds of newspapers in the US (Chicago Sun-Times), Canada, Europe (London Daily Telegraph), and Israel (Jerusalem Post).
Corporate history from company website (April 2006): "The original Hollinger Gold Mine, near Timmins, Ontario, was discovered in 1909... [and].. was once the richest gold producer in the Western Hemisphere... In 1978 Conrad Black, on gaining control of Argus Corporation Limited, acquired a control block of Hollinger Mines... After 1985 the company gradually acquired newspapers and divested itself of all other holdings except certain real estate properties..."
After revelations that Hollinger CEO Conrad Black and chief operating officer David Radler had improperly siphoned $400 million (95% of the company's 1997-2003 profits) to their personal benefit, the company removed Black as chairman and announced a $200 million lawsuit against Black and Radler. The Hollinger Chronciles report revealed that Hollinger director Richard Perle had enabled some of the improper payments had himself improperly received at least $3 million.
Hollinger Chronicles (Report of Investigation by the Special Committee of the Board of Directors of Hollinger International, Inc) by Richard C. Breeden, former head of the US Securities and Exchange Commission.
McNish, Jacquie and Sinclair Stewart. Wrong Way: The Fall of Conrad Black (Viking Canada, 2004).
Giant woodworking machinery group based in Germany; includes many companies, including Arminius, Friz, Brandt, Weeke, and the recently acquired East German companies Jonsdorf and Ligmatech. Homag's operations in Spain and Brazil are being expanded (Asian Timber, June 1992, p.8).
Anderson Group (Taiwan) and Homag have set up a joint venture woodworking machinery factory east of Shanghai, China; most of the factory's output is intended for export to other Asian countries (Asian Timber, June 1993, p. 6).
HOMESTAKE MINING COMPANY
215 W. Main Street, Lead SD 57754
Long-running, gigantic gold mine in the Black Hills -- part of the historic Hearst empire.
Also has operations in California, Nevada, and Montana.
The Mineral Policy Center, publisher of Clementine: the Journal of Responsible Mineral Development, has an Environmental Report Card on Homestake; write to MPC at 1325 Massachusetts Ave. NW, Room 550, Washington DC 20005.
The Council on Economic Priorities produced an environmental report on Honeywell in 1993 ($20 from CEP, 30 Irving Place, New York NY 10003, 1-800-729-4237).
12-8, Ginza 5-chome, Chuo-ku Tokyo 104, Japan
telephone (03) 3543-1837
Processed paper products accounted for 51 percent of 1992 sales; paper mills, 45 percent; and other products, 4 percent (Worldscope database record).
Through its Japan and New Guinea Timber (JANT) subsidiary, Honshu has been logging in the Madang province of Papua New Guinea since 1971, chipping trees for cardboard boxes. Most of its 170,000-acre concession has been clearcut; 10,277 acres have been reforested (World Rainforest Report, Jan. 1991, and Feb. 1992, p. 14-15, and Rainforest Action Network Action Alert, No. 57, Feb. 1991).
HORIZON NATURAL RESOURCES (formerly AEI Resources)
2000 Ashland Dr
Ashland KY 41101
"[O]ne of the US's largest producers of steam (bituminous) coal. The company operates mines in five states. It sells mainly to electric utilities in the eastern US. Horizon's Mining Technologies subsidiary makes Addcar-brand highwall mining equipment, while its Mining Machinery subsidiary provides trucking services, major equipment rebuilds, and mining equipment. Horizon's ties to the founding Addington family were severed as part of a reorganization that brought the company out of bankruptcy in 2002; however, later that year it again filed to reorganize under Chapter 11. W. L. Ross has made a bid to acquire Horizon." (Yahoo! profile accessed Aug 9, 2004).
"Horizon Natural Resources Company is the fourth largest steam coal producer in the United States, as measured by revenues, and the second largest coal producer in Central Appalachia. Horizon conducts mining operations at 42 mines, including 27 surface mines and 15 underground mines in three regions: Central Appalachia, the Illinois Basin and the Rocky Mountains. Horizon controls approximately 1.7 billion tons of proven and probable coal reserves available for mining projects.
The Company's primary customers are investment grade electric utility companies in the central and eastern US. Horizon's use of diverse mining methods and mobile equipment gives it flexibility to adjust its operations to meet market conditions and to ensure maximum production, lower costs and efficient reserve utilization. These methods include large and smaller-scale surface mining as well as underground mining. The Company has 4,000 employees and maintains its headquarters in Ashland, Kentucky." (Horizon Natural Resources website accessed Aug 9, 2004).
Judge Rules That Bankrupt Coal Company Does Not Need to Honor Labor Contracts; Union Promises Appeal. AP /ABCNews.com, Aug. 9, 2004.
Miners' Benefits Vanish With Bankruptcy Ruling. By James Dao, New York Times, Oct 23, 2004.
HORN LUMBER CO.
2440 S. Damen Ave, Chicago, IL 60608
Sells teak and mahogany (National Hardwood Magazine, Christmas 1988).
HOWAN WOOD INDUSTRIES
Mitsubishi joint venture; possibly the largest logging operation in Bolivia (Rainforest Action Network Action Alert, No. 79, Dec. 1992). See Mitsubishi.
HUA REN CO
Hua Ren Co has expressed interest in setting up joint forest ventures in Malaysia, according to the Malaysian Timber Industry Board (Asian Timber, June 1993, p.12, citing MTIB's Maskayu bulletin).
HUDSON'S BAY COMPANY
Established in 1668 by English merchants, to open the fur trade with Canadian natives, and to discover a Northwest Passage to the Orient. In 1821, it was merged with its rival, the North West Company. Its treeitory was transferred to Canada in 1869 by governmrnt order. In the twentieth centruy, HBC expanded into retail and manufacturing. See Peter C. Newman;s three-volume history, Company of Adventurers.
HUDSON BAY MINING see Anglo American (Minorco)
Huet Holdings signed a contract with Komi Republic of European Russia to buy 49 percent of four Komi logging companies and 39 percent of a fifth; Huet will get a 19,000 square kilometer, 40-year concession. The concession is near the Pechoro (River)-Ilych Biosphere Reserve, one of the few remaining undisturbed boreal forest areas of Europe, and created in 1930. Huet is being aided by Banque Lazard, Eurobank; Jaako Poyry wrote a forestry plan that would reduce buffer protection to the Biosphere Reserve. Most of the timber is to be exported (Taiga News, Jan. 1994, p. 3).
Los Angeles CA
Owned by General Motors, then by Raytheon.
Had a 1992 contract for a $92 million radar system for Kuwait, part of the $40 billion in high-tech hardware ordered by the Gulf States since the 1990 Gulf War (New York Times, Feb. 16, 1993, p. C7).
"Plant Managers Convicted For Environmental Crimes. Two former managers of a Port Arthur, TX, petrochemical plant were convicted on Dec. 9 on federal environmental charges in a case that marks the first successful criminal prosecution in Texas under the federal Clean Air Act. Huntsman Corp. plant manager Jeffrey L. Jackson and Michael Peters, the plant's environmental manager and a former air pollution regulator for the Texas Air Control Board, were each convicted on five counts of conspiracy to withhold information from state and federal environmental authorities, falsifying documents and improperly handling a wastewater tank that contained benzene... Huntsman has agreed to make improvements at the plant and pay $500,000 for wetlands restoration in the area. In return, prosecutors will bring civil action against the Salt Lake City-based company instead of criminal charges. But Huntsman spokesman Don Olsen said the events that sparked the case occurred before Huntsman bought the plant from Texaco in April 1994. The defendants are reportedly considering an appeal, and a sentencing hearing has not yet been scheduled. Prosecutors said Peters and Jackson could each get 25 years in prison and $1.25 million in fines." (Greenwire, Dec. 13, 1999, citing Edward Hegstrom, Houston Chronicle, Dec. 10, 1999).
HUSKY OIL INTERNATIONAL LTD.
PO Box 6525, Station D, Calgary Alberta T2P 3G7 Canada
Oil exploration, development, and production. Operations in Alberta include Canterra Energy, Ram River and Rainbow Lake Gas Processing Plants. Operations in the U.S. include Cantena Petorleum (Denver CO) and Cantena Coal (Pittsburgh PA) (Whole World Oil Directory 1991, p. 143).
Oil was discovered on Lubicon Cree land on Alberta, Canada, in 1979; betwen 1979 and 1983, more than 400 oil and gas wells were drilled within 15 miles of the traditional Lubicon community of Little Buffalo. The drilling generates more than $500 million in annual revenues for oil companies and the Alberta government. Between 1980 and 1995, $8 billion was generated by Unocal, Norcen, Nova, and Husky; Alberta receives 20 percent. Lubicon hunting has suffered; welfare has risen from 10 to 95 percent; birth defects, tuberculosis, alcoholism, and respiratory and skin diseases have appeared (Western Canada Wilderness Committee's Lubicon Campaign Report, Fall 1995). See also enttry for Unocal.
South Sumatra, Indonesia oil fields; exploratory oil drilling contracts with Indonesia were signed 1989 (Oil & Gas Journal, June 26, 1989, p. 20 and Aug. 7, 1989, p. 3 and p.24).
HYDRO-QUEBEC -- see also James Bay Hydro
75 Boulevard Rene-levesque Ouest, Montreal Quebec H2Z 1A4, Canada
Nationalized in 1963.
Residential and farm use accounted for 37 percent of 1991 revenues; industrial, 37 percent; general, 22 percent and other, 4 percent (Worldscope database record).
January 2000: "A U.S. appeals court rejected yesterday a request by an environmental group and a tribal nation to stop Hydro-Quebec from selling electricity to the United States. The New England Coalition for Energy Efficiency and the Environment and the Quebec Crees claimed building more dams would harm the environment. But the U.S. Court of Appeals for the District of Columbia ruled that their environmental concerns were separate from electricity sales. Meanwhile, some Manitoba Crees are urging U.S. electricity consumers, particularly Minnesotans, to boycott "morally tainted" power from their province because they say its cheap hydroelectric projects have "devastated the environment and destroyed their communities." Ann Stewart, a U.S. publicist for the Pimicikamak Cree Nation, said the campaign against power from Manitoba "will be successful if we point out politely to Minnesotans that there is blood on the electricity." Manitoba Hydro "hotly" disputes the claims and "says it is the victim of an unjustified effort to shame it as a corporation" (Greenwire, Jan. 12, 2000, citing Martin Mittelstaedt, Toronto Globe and Mail, Jan. 12, 2000).
HY-TEX MARKETING, INC.
Gaston Copper Recycling, Hy-Tex Marketing, and Stoller Chemical secretly mixed highly toxic smelting waste dust with fertilizer and exported it to Bangladesh. The "fertilizer" turned out to be nearly seven percent lead, and to contain cadmium and other toxics. Stoller has declared bankruptcy; the three corporations and three employees have been indicted for the illegal treatment and export of hazardous waste (Ann Leonard, "Poison Fields: Dumping Toxic 'fertilizer' on Bangladeshi Farmers," Multinational Monitor, Apr. 1993, p. 14-18).
CPO Box 8943, 140-2, Kye-Dong, Chonggro-Ku, Seoul, South Korea
telephone 011-82-2-746-1114 fax 011-82-2-741-2341
Hyundai USA, One Bridge Plaza North, Suite 600, Fort Lee NJ 07024
telephone 201-346-2020 fax 201-346-2098
10550 Talbert Ave., Fountain Valley CA 92728
Hyundai Electronics, San Jose CA
Hyundai is Korea's second largest industrial group, or chaebol, after Samsung. Hyundai has 48 trading offices in 33 countries; two thirds of its 1990 sales are from outside Korea. Thirty percent of sales is from machinery and transportation; 21 percent from ships and industrial plants; and 32 from electronics and electrical equipment; four percent is from resources and energy (Hoover's Handbook of American Business 1992).
The ownership of Hyundai is spread among several companies, including Hyundai Heavy Industries, Hyundai Motor, and Hyundai Housing and International Development, and Hyundai Engineering & Construction. Worldscope database has three records for Hyundai:
Hyundai Corporation, the trading arm, has 2,719 shareholders and 778 employees, and 1991 revenues derived from imports (39 percent), machinery and automobiles (34 percent), heavy industry (17 percent), and other (10 percent). Hyundai Corporations owns 16 percent of Hyundai Heavy Industries, 9. 8 percent of Hyundai Motor, and 5.4 percent of Hyundai Housing & Ind'l Development.
Hyundai Engineering & Construction, with 47, 422 shareholders and 33,652 employees, whose 1990 revenues came from domestic construction (62 percent), overseas construction (25 percent), housing (9 percent) and other (4 percent).
Hyundai Motor, with 21,408 shareholders and 39,272 employees, and reveunes from passenger cars (65 percent of 1991 revenues), commercial vehicles (26 percent), and other (9 percent). Hyundai Motor owns 11.2 percent of Hyundai Heavy Industries.
Hyundai builds automobiles for Mitsubishi; in 1990, Mitsubishi sold 80,000 Hyundai cars imported from Korea (Advertising Age, May 6, 1991, p. 6; Far Eastern Economic Review, Jan. 19. 1989, p. 61-62).
Labor: Hyundai workers occupied Hyundai Motor plant for a week in 1992 (Wall Street Journal, Jan. 17, 20 and 22, 1992). The occupation ended after 15,000 riot police stormed the factory (Business Korea, Feb. 1992, p. 14).
Politics and scandal: In October 1991, the tax authorities stated that they were investigating the Hyundai Group and 7 members of Hyundai Honorary Chairman Chung Ju-Yung's family for allegedly evading taxes in the transfer of the ownership of Hyundai subsidiaries from Chung to his sons. In May 1991, the government ordered the divestiture of real estate not being used for business, and ordered a restructuring of Hyundai (Business Korea, Dec. 1991, p. 32-35). In 1992, Chung Ju-Yung stepped down as chairman of the Hyundai Group to run for the South Korean presidency under his new Unification National Party (Business Week, Feb. 24, 1992, p. 50; Wall Street Journal, Mar. 26, 1992). At the time, the Securities & Exchange Commission was investigating irregular stock transactions by Hyundai; "Hyundai companies are having trouble raising capital and meeting daily cash requirements, forcing them to postpone investment projects and in some cases delay payment of wages to employees. Hyundai companies are forced to turn to short-term financing companies or loan sharks, resulting in skyrocketing financing costs" (Business Korea, May 1992, p. 23-24). Commercial banks, including Hyundai's own Korea Exchange Bank, have postponed or withdrawn 100 billion won in loans and credits. SEC accused Hyundai Electronics of shifting 13 billion won to Chung and his party's bank accounts (Economist, Apr. 25, 1992, p. 93). In April 1992, South Korean authorities arrested more than half a dozen Hyundai executives for alleged pollution violations, embezzlement, and tax evasion (Far Eastern Economic Review, Apr. 23, 1992, p. 10-11). In December 1992, Chung got 16 percent of the vote in the presidential election. After Chung lost the election, the tax investigation resulted in $214 million in fines and taxes, and questioning regarding election fraud (using Hyundai funds and company officials), and the jailing of one of Chung's sons (Business Week, Feb. 1, 1993, p. 46-47). The Far Eastern Economic Review (Feb. 18, 1993) carried an article saying that Chung was abandoning politics altogether, due to pressure from the ruling Democratic Liberal Party and from President Roh Tae Woo. In May 1993, Hyundai announced that in compliance with the government's orders to restructure, it would split from Hyundai Marine and Fire Insurance and three other subsidiaries, and that the number of Hyundai companies would drop from 45 to 37 (Business Korea, June 1993, p. 22).
Hyundai has been logging in the Sikhote Alin area of Siberia since 1989, and wants to increase its cut from 150,000 cubic meters per year to amillion cubic meters (Earth First! Journal, Dec. 21, 1993, p. 28).
In 1990, Hyundai contracted with local leaders to log half a million acres (a million hectares) in the Bikin River watershed in Siberia. The Bikin is a tributary of the Ussari, which is a tributary to the Amur. The area is the northern boundary of Siberian tiger habitat, and is habited by the Udege and Nanai peoples, who oppose Hyundai's plans. The Hyundai project apparently violated Russian requirements for environmental impact analysis. In the Fall of 1992, Greenpeace blockaded the port of Svetlaya on the Sea of Japan, where Hyundai built a $60 million log export dock; there was a New York Times editorial calling on the protection of Siberia's forests by NBC TV news anchor Tom Brokaw, and the Russian Supreme Court ruled that certain areas used for hunting by the Udege, and forests along the Bikin River used by the endangered Ussurian tiger, were off limits to logging (see the Forest Industries, Nov. 1991, p. 19-21; World Rainforest Report, Apr-May 1991, p. 5; Rainforest Action Network Action Alert, No. 76, Sept. 1992; the Moscow Times, Nov. 30, 1992; and Multinational Monitor, Feb. 1993, p. 4).
See also Hyundai subsidiary Halla.
Hyundai Kwong Onn Industries (Selangor, Malaysia) was one of the top ten exporters of mouldings from Malaysia in 1991 (Asian Timber, April 1992, p.8). See also Hyundai subsidiary Halla.
Hyundai Heavy Industries is involved in projects with the Oil and Natural Gas Commission of India, including the Neelam Process Complex of offshore wells and platforms and submarine pipelines financed by the World Bank (Business Korea, Feb. 1993, p. 55).
In 1992, Hyundai moved its personal computer operations from Seoul to San Jose, California. Hyundai Electronics America will offer some 60 products through toll-free direct-mail sales (Marketing Computers, Dec. 1992, p. 8-9; and Business Week, Oct. 26, 1992, p. 96). See also Hyundai subsidiary Halla.
Hyundai and Samling have apparently planned a venture in Guyana (pers. comm. Jake Krelick, Feb. 1994, citing Conservation International staff).
Papua New Guinea
See also Hyundai subsidiary Halla and Halla's subsidiary Nam Yang Timber.
Robert M. Steers. Made in Korea: Chung yu Yung and the Rise of Hyundai.