Tag: #SouthKorea

SK hynix will invest ~KRW 21.6 trillion (USD 15bn) in facility investment for the first fab by end-2030, lifting total first-fab investment to ~KRW 31 trillion (USD 21.5bn). Large-scale cleanroom and ultra-high purity (UHP) utility buildouts typically drive substantial stainless requirements in process gas, chemical delivery, and high-spec piping systems.

First offshore wind order in Korea reinforces regional renewable energy deployment.

South Chungcheong province will develop the country’s largest eco-friendly hydrogen cluster by 2030, with 19 business agreements signed including Linde, Hyundai and Hanwha. Targets 1.2m tonnes hydrogen production and 20GW hydrogen-based power generation by 2040.

South Korea will invest USD 600M to develop hydrogen-based steelmaking by 2030, cutting carbon emissions by 95%.

ABS approves HD Hyundai’s floating SMR plant concept for offshore electricity generation.