Industry

  • Norways Equinor partners with S. Korean company to cooperate for offshore wind power projects
    Norway's Equinor partners with S. Korean company to cooperate for offshore wind power projects SEOUL -- Equinor, a Norwegian state-owned multinational energy company, tied up with Korea East-West Power, a public power generation company, to cooperate for 3.0 gigawatts of offshore wind power projects in South Korea. The partnership underlines Equinor's strategy to take a leading role in developing a pipeline of offshore wind projects in a country that is actively pushing for a green energy campaign to expand the use of renewable energy. Under a memorandum of understanding signed on No November 17, 2021
  • Construction of ultrapure water demonstration plant begins to acquire core technologies
    Construction of ultrapure water demonstration plant begins to acquire core technologies SEOUL -- South Korea broke ground on an ultrapure water demonstration plant to acquire core technologies as part of a government campaign to reduce its heavy reliance on foreign products, especially from Japan. Ultrapure water is purified to uncommonly stringent specifications for use in the semiconductor industry and electronics manufacturing. The demonstration plant capable of producing 2,400 tons of ultrapure water a day will be completed in 2025 at the factory of SK Siltron, the manufacture November 16, 2021
  • Offshore sites capable of storing 730 mln tons of CO2 available in S. Korea
    Offshore sites capable of storing 730 mln tons of CO2 available in S. Korea SEOUL -- South Korea can store some 730 million tons of carbon dioxide at offshore storage sites, which are available for obvious use, based on a six-month survey of territorial waters and exclusive economic zones. The survey was conducted as part of a government campaign to achieve net-zero carbon dioxide emissions by 2050 in response to a global agenda for fighting climate change. In a seminar on November 3, the Ministry of Trade, Industry and Energy said that the government would invest up t November 3, 2021
  • Samsung shipyard wins $1.7 bln order from unspecified Eurasian client
    Samsung shipyard wins $1.7 bln order from unspecified Eurasian client SEOUL -- Samsung Heavy Industries, a major shipbuilder in South Korea, has signed a contract worth 2.04 trillion won ($1.7 billion) to supply block materials, equipment and design to an unspecified client in the Eurasian region. Details were not disclosed, but the shipbuilder has tried to win orders from Novatek, a major natural gas producer in Russia, to design icebreaking tankers. Samsung Heavy Industries (SHI) said in a regulatory filing on October 18 that the contract period is valid until October 18, 2021
  • Hyundai works with Doosan Fuel Cell to test hydrogen fuel cells as distributed power source
    Hyundai works with Doosan Fuel Cell to test hydrogen fuel cells as distributed power source SEOUL -- South Korea's Hyundai auto group joined hands with Doosan Fuel Cell, the clean energy wing of Doosan Group, to verify the role of hydrogen fuel cells as a distributed power source through the test operation of a power generation system for microgrids. Distributed energy systems, which generate and store power near the point of consumption, can accommodate a variety of renewable and alternative energy sources. The fuel cell distributed power generation system was completed on Octobe October 14, 2021
  • Hyundai Mipo delivers CldNs RORO ship equipped with dual fuel propulsion system
    Hyundai Mipo delivers CldN's RORO ship equipped with dual fuel propulsion system SEOUL -- Hyundai Mipo Dockyard, a subsidiary of South Korea's Hyundai shipbuilding group, has delivered an eco-friendly RORO cargo ship equipped with a dual fuel propulsion system to CldN, a multimodal logistics provider based in Luxembourg. The roll-on & roll-off (RORO) cargo ship is designed to carry wheeled cargo, such as cars, trucks, buses, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using a platform October 8, 2021
  • Hanwha Defense starts test operation of military intelligent unmanned ground vehicle
    Hanwha Defense starts test operation of military intelligent unmanned ground vehicle SEOUL -- South Korea's major defense contractor Hanwha Defense and an army infantry division have started the test operation of a six-wheeled multi-role unmanned ground vehicle that can carry up to 500 kilograms (1,102 pounds) of cargo and travel more than 100 kilometers (62.1 miles) per charge. Hanwha Defense has previously showcased a multi-purpose unmanned ground vehicle (M-UGV), a four-wheeled 1.5-ton electric vehicle that can move at a top speed of 30 kil October 8, 2021
  • LS Cable secures $168 mln deal to supply cables for Taiwans offshore wind farm
    LS Cable secures $168 mln deal to supply cables for Taiwan's offshore wind farm SEOUL -- LS Cable & Systems has secured a deal worth some 200 billion won ($168 million) to supply submarine cables for an offshore wind farm in Taiwan by 2025. The South Korean cable maker would try to secure subsequent orders in Taiwan, which has set aggressive renewable energy targets, with a particular focus on the development of offshore wind power capabilities. LS C&S said it has been selected by CSBC-DEME Wind Engineering (CDWE), a joint ve October 6, 2021
  • DB Hitek embarks on research into GaN and SiC used for automotive semiconductors
    DB Hitek embarks on research into GaN and SiC used for automotive semiconductors SEOUL -- DB Hitek, a foundry company in South Korea, has embarked on research into silicon carbide and gallium nitride semiconductors, as a shortage in a disrupted global supply chain highlighted the strategic importance of automotive semiconductors. Gallium nitride (GaN) is used as a key part of power amplification devices for mobile communication and high-performance military equipment. Due to high power density and voltage breakdown limits, GaN is emerging as a prom September 30, 2021
  • Daewoo shipyard develops technology to collect and store CO2 using ammonia-water sorbent
    Daewoo shipyard develops technology to collect and store CO2 using ammonia-water sorbent SEOUL -- Daewoo Shipbuilding & Marine Engineering, a major shipbuilder in South Korea, has developed a technology that can collect and store carbon dioxide generated during ship operation, using ammonia-water sorbent. The technology would contribute to responding to environmental regulations and providing new solutions to shipowners who are demanding high levels of eco-friendly technology. The technology was verified using the exh September 16, 2021