Hyundai Engineering Named Preferred Bidder for Both Yongin Cogeneration and Sinhonam Combined-Cycle Plants

Hyundai Engineering has reportedly been named the preferred bidder for two power projects simultaneously: the Yongin cogeneration plant in Gyeonggi province and the Sinhonam combined-cycle plant in Yeosu, South Jeolla province. The combined project cost of the two projects is approximately KRW 2.3826 trillion. The Yongin cogeneration plant will have a capacity of 1,050MW of […]

GS E&R and KOSPO Sign MOU to Jointly Develop LNG Conversion of Coal Cogeneration Plants at Industrial Parks

South Korea’s GS E&R has signed a memorandum of understanding (MOU) with Korea Southern Power (KOSPO) to jointly develop a district energy modernization project converting aging coal cogeneration plants to LNG (Liquefied Natural Gas) cogeneration facilities, it is reported. The agreement was signed on September 8, 2026. The agreement covers converting GS E&R’s aging coal […]

SNT Energy Signs KRW 128.1 Billion HRSG Supply Contract with Korea Southern Power for LNG Combined Cycle Plant

South Korea’s SNT Energy has signed a contract worth approximately KRW 128.1 billion with Korea Southern Power (KOSPO) to supply a heat recovery steam generator (HRSG) for an LNG (Liquefied Natural Gas) combined cycle power plant, it is reported. The contract period runs from September 1, 2026 to December 31, 2029. Under the contract, SNT […]

S-OIL Reaches FID to Adopt Axens’ Liquid Phase Xylene Isomerization Technology, Targeting Q2 2027 Start-Up

S-OIL has reached a final investment decision (FID) to adopt Axens’ liquid phase xylene isomerization (LPI) technology at its Aromatics Complex #1 in Ulsan, it is reported. The start-up target is reported as the second quarter of 2027. S-OIL and Axens signed a technology license agreement for this process in late 2024, and the project […]

Lotte Fine Chemical and US-Based Amogy Sign MOU on Ammonia-Based Clean Energy Cooperation

Lotte Fine Chemical has signed a memorandum of understanding (MOU) with U.S.-based Amogy for cooperation on ammonia-based clean energy business, it is reported. The agreement was signed on September 9, 2026 at Lotte Fine Chemical’s Seoul business site. The two companies agreed to cooperate in three areas: building green hydrogen refueling stations, distributed green ammonia […]