Tag: South Korea

Anaergia signs conditional contract to design & build biogas facility

Anaergia’s Singapore subsidiary has secured a CAD 40M conditional contract to design and construct the Jeju Bio Energy Biogas Plant in South Korea, which will convert 54,000 tons/year of organic waste into renewable energy by 2027.

BIBUS METALS Expands into South Korea

BIBUS Metals expands into Asia with the opening of BIBUS Metals Korea, a service center in Gimpo, Near Seoul, South Korea

LG Chem & POSCO Holdings join forces for CCU demonstration project

LG Chem & POSCO - Partnering on a CCU demo project to convert CO₂ into CO and hydrogen for steelmaking, aiming to cut emissions and coal use.

Korea Southern Power & Ulsan City sign agreement

Korea Southern Power Investing USD 450M with Ulsan City to build a 135MW hydrogen power plant by 2031, running on 100% hydrogen.

Taiwan extends anti-dumping duty on China & South Korea

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

SHI launches hull for giant FLNG unit, third in Petronas’ fleet

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 awarded USD 1.7bn EPC contract

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 Expands LNG Infrastructure

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 initiates steel cutting

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 wins USD 955M contract in Malaysia

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...