V-One Tech subsidiary Syscon Robotics signed a contract worth approximately 3.4 billion won with an unnamed semiconductor components and materials company to supply a Machine Tending Robot System for automating semiconductor material processing. The system combines AMRs with robotic arms and AI vision.

Cosmo First Ltd has formed a 50:50 joint venture with South Korea's Filmax Corporation, named 'Filmax Cosmo Korea Limited', to distribute, sell, and market flexible packaging products manufactured by both partners.

Nord Gas Solutions, formerly Wartsila Gas Solutions, was selected to supply cargo handling and LPG fuel supply systems for two 40,000 cbm gas carriers being built by HD Hyundai for Byzantine Maritime. The contract was signed in June 2026 with equipment delivery to the shipyard in April 2027.

Hyundai Heavy Industries Turbomachinery signed an MOU with Pohang city and Gyeongbuk province to invest 100 billion won through 2029 in a new plant at Yeongilman 4 industrial complex producing eco-friendly turbomachinery and SMR equipment. About 100 jobs are expected to be created.

Hanwha Ocean contracted Oslo-headquartered TMC Compressors to deliver complete marine compressed air systems, with service and control compressors, for two 174,000 cbm LNG carriers for a Greek shipowner. The contract value was not disclosed.

TMC Compressors has been contracted by Samsung Heavy Industries to supply instrument and service air compressors for four LNG carriers being built for TMS Cardiff Gas. Delivery of the vessels is expected in late 2028. The contract value was not disclosed.

Burckhardt Compression will supply 14 high-pressure boil-off gas compressors for seven 174,000 m³ LNG carriers ordered by Hanwha Ocean. The order is the largest single marine order in the company's history.

GMB Korea disclosed a supply contract worth 46.03 billion won with Hyundai Motor and Kia for electric water pumps used to cool hydrogen vehicles. Deliveries run from October 1, 2027 to December 31, 2032.

Korean cosmetic glass container ODM SMCG signed a strategic business agreement with Berlin-based skincare company YEPODA GmbH to design and supply more new product containers and other cosmetic packaging. SMCG is also expanding production to serve more than 20 new clients.

Hyundai Movex signed a supply contract with Korea Kolmar worth 55.9 billion won (about 16.37% of its 2024 revenue) for logistics automation modules and robots, running until 31 August 2027.

EBARA subsidiary Ebara Precision Machinery Korea is constructing a second overhaul plant for dry vacuum pumps in Pyeongtaek, Gyeonggi Province, on a site of about 13,000 square meters. Construction began in October 2025, with completion scheduled for December 2026 and operations from January 2027; the investment is undisclosed.

Samsung Heavy Industries selected Norway-based TMC Compressors to supply instrument and service air compressor systems for four LNG carriers being built for TMS Cardiff Gas. The carriers are expected to be delivered in late 2028.

Hyosung Heavy Industries will build a new export-only extra-high-voltage circuit breaker plant and expand related production equipment in Changwon, South Korea, with a total investment of 100 billion won. The plant is targeted for completion in the first half of 2026 and will raise breaker capacity to about 1.5 times the existing level.

Swedish industrial equipment maker Atlas Copco has acquired Kyungwon Machinery Industry, a Korean air compressor manufacturer, from its CEO Lee Sang-woo and related parties for about 88 billion won.

Air Liquide signed a binding agreement to acquire DIG Airgas from Macquarie Asia-Pacific Infrastructure Fund 2 at an enterprise value of EUR 2.85 billion (KRW 4.6 trillion). Closing is expected in the first half of 2026.

BorgWarner secured a contract with a major East Asian OEM to supply wastegate turbochargers for 1.6L hybrid electric SUV engines in Korea, building on an 18-year partnership. Production begins in 2027 at its Pyongtaek, Korea facility.

BorgWarner won a contract to supply wastegate turbochargers for a 1.6L engine used in hybrid electric SUVs for an unnamed major East Asian automaker in Korea. Production is scheduled to start in 2027 at BorgWarner's Pyongtaek facility.

Kyungwon Machinery Industry, a Siheung-si, Korea maker of screw and scroll air compressors with 126 employees, has become part of Atlas Copco Group. Purchase price was not disclosed.

BHI signed a supply contract with Korea Hydro & Nuclear Power for condensers and auxiliary equipment for the Shin Hanul Units 3 and 4 nuclear reactors, valued at 46.83 billion won.

TMC Compressors secured an order from Hanwha Ocean to supply complete marine compressed air systems for 12 LNG vessel newbuilds with 174,000 cbm storage each, being built for an undisclosed LNG shipping major.

Samyang Foods announced it will absorb-merge its subsidiary Samyang Square Pack, a cardboard box maker, through a no-capital-increase merger, after acquiring an additional 5% stake to reach 100% ownership.

Hanwha Ocean selected TMC Compressors to supply marine compressed air systems for 12 LNG carriers it is building for an undisclosed shipping major; contract value not disclosed.

Atlas Copco announced it will acquire Kyungwon Machinery Industry, a Korean maker of screw and scroll air compressors with 126 employees, based in Siheung-si. The deal is expected to close in Q3 2025 subject to regulatory approval; its value was not disclosed.

Rotork plc agreed to acquire Noah Actuation, a Seoul-based South Korean electric actuator manufacturer, for an enterprise value of £44 million. The deal is expected to close in the coming days.

Suseok, a Dong-A ST Holdings subsidiary making packaging containers, will absorb-merge its wholly owned sister company Dongcheonsu, a beverage maker, with the merger effective on the 30th of next month to improve efficiency and cost competitiveness.

Dongwon F&B approved 165 billion won of investment in a new second Jincheon plant for cold food products and expanded beverage production, with spending periods running to January and April 2026.

Nakakita Seisakusho agreed to acquire Ace Valve Co. from Dta Investment Co. on November 26, 2024, with completion expected December 20, 2024. Ace Valve reported KRW 21.4 billion in total revenue for 2023.

SK Geocentric and Canadian packaging firm Winpak signed a memorandum of understanding to supply polyethylene and polypropylene made from pyrolysis oil at SK's Ulsan ARC recycling cluster, with a binding contract to follow. The MOU was reported on 23 August 2024.

Mogas Industries was awarded a multimillion-dollar contract to supply more than ninety severe service valves and actuation packages for S-Oil's Shaheen project in South Korea, the first commercial TC2C plant.

Hanwha Ocean selected Norway-based TMC Compressors to supply complete marine compressed air systems for three LNG carriers being built for an undisclosed Asian shipowner. TMC will manufacture the equipment in Europe. The contract value was not disclosed.

EXMAR selected Wärtsilä Gas Solutions to provide ammonia fuel supply and cargo handling systems for the final two mid-sized gas carriers under construction at Hyundai Mipo Dockyards in South Korea, with delivery in 2025. The announcement was made in an official press release dated 2 July 2024.

MOGAS Industries was awarded a multimillion-dollar contract for S-Oil's Shaheen project in South Korea, the first commercial TC2C technology plant, supplying more than ninety severe service valves and actuation packages.

Piller Blowers & Compressors has held 75.1 percent of Korean joint venture Sunteco since April 1, 2024, which will be renamed Piller Sunteco Ltd; Sunteco focuses on waste heat recovery and industrial heat pumps for petrochemicals.

Doosan Bobcat decided to acquire 100% of South Korean hydraulic component maker Mottrol for 246 billion KRW. The deal is expected to close in September 2024, subject to KFTC approval.

Atlas Copco completed its acquisition of Presys Co., Ltd, a privately owned Suwon, South Korea maker of vacuum valves for the semiconductor market with 134 employees. The purchase price was not disclosed, and the business joins the Semiconductor Chamber Solutions Division.

Taerim Packaging, a Korean corrugated cardboard maker, began construction of 5.5MW roof-type solar power facilities at its Cheongwon Campus 1 and 2 in the Ochang 3rd Industrial Complex, Cheongju. The facilities are expected to generate about 7,026 MWh per year and cut about 3,220 tons of greenhouse gases annually.

Taerim Packaging, part of Global Seah Group, held a completion ceremony for its Cheongwon Campus 2 corrugated fabric factory in Ochang 3rd Industrial Complex, Cheongju, Korea. The 62 billion won plant can produce about 190 million square meters of corrugated fabric per year and began production in December 2023.

AERZEN held the grand opening of a new 5,614 square meter turbo manufacturing facility in Cheongju, South Korea, on March 12, 2024. The plant adds production lines and is expected to create more than 5 jobs.

Hanwha Ocean selected Norway-based TMC Compressors to supply compressed air systems for four 174,000 cubic metre LNG carriers being built for an undisclosed Asian shipowner. The contract value was not disclosed.

Wärtsilä Gas Solutions will deliver the liquid ammonia fuel supply system for two gas carriers being built by Hyundai Mipo Dockyards in Korea for EXMAR LPG, with delivery to the yard scheduled for 2025.

Korean fittings and valve maker Hanseon Engineering is ramping up mass production of semiconductor safety and relief valves and is building a second factory near its Busan headquarters, targeted for completion early next year.

Taerim Paper, an affiliate of Global Seara Group, signed a stock purchase agreement with Morgan Stanley PE to acquire Jeonju Paper and Jeonju One Power for about KRW 650 billion.

Berlin Packaging has acquired Nest-Filler PKG, a South Korean supplier of glass and plastic beauty and cosmetic packaging, expanding its Asia-Pacific presence; all employees and locations will be retained.

Atlas Copco agreed to acquire Presys Co., Ltd., a privately owned vacuum valve maker with 134 employees in Suwon, South Korea. The purchase price was not disclosed and closing is expected in Q1 2024, subject to regulatory approval.

Hyundai Samho Heavy Industries selected TMC Compressors to deliver marine compressed air systems for six 8,000 TEU methanol-fueled containerships being built for CMA CGM. TMC will manufacture the equipment in Europe and deliver it to South Korea. The contract value was not disclosed.

Hanwha Ocean selected TMC to supply control, service air and nitrogen feed air compressors for six LNG carriers of 174,000 cubic meters each. TMC will manufacture the equipment in Europe and ship it to South Korea; the contract value was not disclosed.

Hanwha Ocean selected Norway-based TMC Compressors to supply compressed air systems for six LNG carriers being delivered to Mitsui OSK Lines. The contract value was not disclosed.

ANDRITZ received an order from SGC eTEC E&C to supply a new HERB recovery boiler with digitalization solutions and ash treatment for Moorim P&P's Ulsan pulp and paper mill in South Korea. The boiler replaces two existing units.

Samsung Heavy Industries and Hyundai Heavy Industries contracted Svanehøj to supply cargo, fuel and spray pumps for four additional very large ethane carriers, in a order worth more than US$7.5 million.

DYPNF signed a contract worth KRW 19.7 billion with Hyundai Engineering to supply silo equipment for Aramco's Shaheen petrochemical project in Ulsan, South Korea. It is the company's second award on the project.