Tag: South Korea

Taiwan will maintain anti-dumping duties on stainless steel from China and South Korea for five years. 

Samsung Heavy Industries launched the hull for Petronas’ third FLNG unit, PFLNG Tiga. Scheduled to operate in 2027, it will produce 2.1 million tonnes of LNG annually off the coast of Sabah, Malaysia.

Samsung E&A received a USD 1.7bn EPC contract for the TA’ZIZ Methanol Project in the Ruwais Industrial Complex, UAE. The project includes a methanol plant with a production capacity of 1.8 million tons per year, utilizing modularization and automation technologies.

POSCO International is investing USD 657M to expand the Gwangyang LNG Terminal with two additional 200,000-kiloliter tanks. The company aims to strengthen Korea’s LNG supply infrastructure as global demand rises.

Hyundai Mipo Dockyard has begun steel cutting for a 45,000 cbm medium gas carrier (MGC) designed for ammonia transport. The vessel is part of Purus' expansion, with a fleet of dual-fuel ammonia-ready MGCs.

SAMSUNG E&A, a total solutions provider for the global energy industry has secured the contract for a biorefinery that will have the capability to...

SK Gas started operations at Ulsan GPS, a 1.2 GW dual-fuel LNG-LPG power plant, ensuring cost-efficient and stable energy production.

South Korea is set to construct its largest hydrogen fuel cell power plant, the Gangdong Hydrogen Fuel Cell Power Plant, in Gyeongju, Gyeongsangbuk-do. With an investment of USD 550M, the plant will have a capacity of 107.9 MW, generating electricity for 270,000 households annually. Construction is slated to begin in March 2025, with the plant expected to be operational by March 2028. The project addresses critical energy deficits in industrial complexes and represents a pivotal move in South Korea’s energy transition.

The Nuclear Safety and Security Commission (NSSC) has granted Korea Hydro & Nuclear Power (KHNP) a construction permit for two new 1.4 GW pressurised...

A South Korean wind turbine manufacturer is planning to build a USD 200M wind power equipment factory in an industrial zone in Long An...