# PK Valve adds second dedicated plant for LNG cryogenic butterfly valves

PK Valve, a subsidiary of STX, began building a second dedicated plant for cryogenic butterfly valves for LNG carriers, targeted for completion in September 2021. The company expects LNG valve sales of 50 billion won in 2021.

- Type: Expansion
- Announced: 2021-06-23
- Where: South Korea
- Status: under construction
- Capacity: production and inspection capacity to more than double current level
- Products: cryogenic butterfly valves for LNG carriers
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [PK Valve Co., Ltd.](https://endata.com/companies/6814.md)
- [STX Corporation](https://endata.com/companies/5807.md) (partner)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202106221507052737), 2021-06-23: "피케이밸브가 금년 9월 완공을 목표로 초저온 버터플라이 밸브 제 2 전용공장 증설에 착공했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.