Hanwha Engine has inaugurated a dedicated mid-speed engine production facility at its headquarters in Changwon, South Korea, marking a significant step in expanding its four-stroke engine business.
On August 19, Hanwha Engine held a ceremony to celebrate the completion of the mid-speed engine factory, which covers an area of approximately 2,500 pyeong and is equipped with a specialized production system for stable mass production of four-stroke mid-speed engines.
The event was attended by over 200 people, including CEO Kim Jong-seo, Changwon Mayor Kang Ki-yoon, and National Assembly member Heo Seong-moo. The factory's establishment utilized domestic return investment subsidies supported by the Ministry of Trade, Industry and Energy, Gyeongsangnam-do, and Changwon City, and is expected to contribute to job creation in the region.
With the opening of this factory, Hanwha Engine has established a production system for four-stroke mid-speed engines used for power generation on ships, thereby expanding its portfolio to include both propulsion and power generation engines. This will provide shipyards and shipowners with a broader range of options and allow for flexible responses to diverse demands.
Hanwha Engine plans to strengthen its competitive edge in the hybrid propulsion and energy solutions sector by expanding its stable foundation in the shipboard power generation market and integrating with energy storage systems (ESS).
CEO Kim Jong-seo stated, "The completion of the mid-speed engine factory is a significant milestone for Hanwha Engine, as it expands our business scope based on the technological capabilities and market trust we have built over many years. We aim to grow into a company that provides optimal propulsion and energy solutions to our customers based on various technologies, including two-stroke and four-stroke engines, as well as all-electric and hybrid propulsion systems."
Additionally, on August 12, Hanwha Engine, in collaboration with Hanwha Aerospace and Hanwha Ocean, signed a 'Southeast Region Talent Development Agreement' with Gyeongsang National University, Pusan National University, and National Changwon University at Hanwha Aerospace's facility in Changwon.
* This article has been translated by AI.
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