Emerson opened a new $25 million facility in Jukjeon, Korea, to serve its Emerson Automation Solutions customers in the region.

Baker Hughes supplied more than 2,000 valves for S-Oil's Residue Upgrading Complex and Olefin Downstream Complex, which reached mechanical completion. The projects are valued at over $4.4 billion.

Kumho P&B Chemicals will invest 200 billion won to add 200,000 tonnes per year of BPA capacity at a new site near its Yeosu plant, raising capacity from 450,000 to 650,000 tonnes. Completion is due in the second half of 2021.

Kumkang Kind plans to acquire 21 million shares in Kspvalve worth 10.5 billion won, giving it a 57.5 percent stake after the transaction.

Sunda Electric agreed to supply FAB building switchboards and 590 other items for Samsung C&T's X2 Project, under a contract worth KRW 15.27 billion running until March 31 of next year.

Hanchang Paper Co signed a 25.18 billion won contract with KT&G to supply ivory cardboard. The deal was reported on September 19, 2018.

Pustech signed a supply contract worth KRW 33.651 billion with LIG Nex1 for Cheolmae-II performance-upgrade actuator assemblies, running until November 30, 2022.

Air Products has been awarded additional gaseous nitrogen and hydrogen supply for Samsung Electronics' Giheung fab in South Korea. It will build a new air separation unit, several hydrogen plants and pipelines, scheduled to be operational in 2020.

Watlow and Global Standard Technology Co., Ltd. formed a South Korean joint venture named Watlow Pacific Inc. to strengthen Watlow's semiconductor presence in the region.

Israeli valve maker Hamlet announced the acquisition of South Korean company S&S Valve for up to $6 million, entering flow-control valve management for gas, oil and petrochemical applications. S&S Valve had 2017 sales of about $30 million.

LOT Vacuum disclosed a single supply contract worth KRW 4.09 billion with Samsung Electronics for plasma pretreatment systems and dry vacuum pumps used in semiconductor processing. The contract was signed on 2018-05-18 and delivered to Pyeongtaek and Giheung in Gyeonggi.

LOT Vacuum signed a single supply contract with Samsung Electronics worth KRW 3.73 billion for dry vacuum pumps used in semiconductor processes, for sites in Pyeongtaek and Giheung-gu, Yongin. The contract equals 1.9% of LOT Vacuum's recent sales.

TMC Compressors of the Seas signed contracts to supply five marine compressors for a floating storage and regasification unit being built by Hyundai Heavy Industries for Swan Energy's LNG terminal in Jafrabad, Gujarat, India. Deliveries are scheduled for 3Q18 and July 2018.

Chinese valve maker Geonhwa Valve signed an MOU with Chungnam province and Boryeong city to invest 10 million dollars in expanding its cast iron pipe valve factory in the KXD industrial complex by year-end, creating 50 jobs.

ELOT Vacuum signed a supply contract with SK Hynix for dry vacuum pumps used in semiconductor processes, worth KRW 2,384.41 million, about 1.2% of its 2017 revenue, with a term to July 2, 2018.

Kitz Corp signed a contract to acquire a 100 percent stake in Korea-based valve maker Cephas Pipelines Corp, with the transaction expected to complete on April 17. The deal value was not disclosed.

Wonik Materials decided to invest KRW 21.5 billion in building a factory and new facilities, as disclosed on 5 April 2018.

Korean KOSDAQ-listed Yesti signed a supply contract worth about KRW 7.8 billion for display manufacturing equipment, as disclosed on 5 April 2018.

Korean valve maker BMT says its semiconductor-grade premium valves are being tested at Samsung Electronics and SK Hynix, and it expanded its factory last year to prepare for orders.

Hayward Tyler, part of Avingtrans, won a US$6.7 million contract from Korea Hydro & Nuclear Power for spare parts to upgrade and refurbish existing nuclear power plants. Total orders from KHNP since September 2017 exceed US$10 million.

Eaton and Doosan Corporation Mottrol signed an agreement for Eaton to supply hydraulic pumps for South Korea's KF-X fighter aircraft program led by Korea Aerospace Industries.

LOT Vacuum signed a single supply contract worth KRW 3.81 billion with SK Hynix for dry vacuum pumps used in semiconductor processes, with delivery in South Korea. The contract was signed on February 2, 2018 and disclosed on February 5.

GE, through its KAPES joint venture, was awarded a $320 million contract by Korea Electric Power Corporation to supply a 4 GW, 500 kV HVDC transmission link from eastern South Korea to the Seoul metropolitan area. Completion is expected by the end of 2021.

LOT Vacuum signed a single supply contract worth 4.93 billion won with Samsung Electronics for dry vacuum pumps used in semiconductor processes, delivered to Pyeongtaek, Gyeonggi. The contract was signed on January 31, 2018.

Geumhwa PSC signed a single supply contract worth 26.24 billion won with Korea Western Power for electromechanical maintenance work at the Taean and Seo-Incheon power plants. The contract equals about 11.16% of Geumhwa PSC's recent sales.

LOT Vacuum signed a single supply contract with Samsung Electronics worth KRW 9,738,336,002 for plasma pretreatment systems and dry vacuum pumps for semiconductor processes, to be supplied in Pyeongtaek, Gyeonggi Province.

LOT Vacuum signed a contract worth KRW 3,855,475,000 with Samsung Electronics for plasma pretreatment systems and dry vacuum pumps used in semiconductor processing, running from 13 December 2017 to 28 February 2018.

Korean company Jinsung TEC signed a supply contract with Caterpillar for heavy equipment undercarriage parts worth KRW 373,108,870,000, running to July 31, 2022. The disclosure was made on December 5, 2017.

Sungwoo Techron signed a supply contract with LG Chem for PACKING M/C AOMM-type developed products and small pouches, worth about 6.52 billion KRW, announced on November 24, 2017. The contract period runs until June 30, 2018.

Sungwoo Techron signed a supply contract with LG Chem for a developed PACKING M/C AOMM-type machine and small pouches, worth about 6.52 billion KRW. The contract runs from November 24, 2017 to June 30, 2018.

Dongsung Finetec disclosed a supply contract for cryogenic insulation materials for LNG carriers with Samsung Heavy Industries, worth 17.66 billion won, running October 20, 2017 to December 28, 2018.

Toly Group plans to build an 8,000 m2 factory in South Korea next year at a cost of EUR 13 million.

LOT Vacuum signed a single supply contract worth KRW 4.64 billion with Samsung Electronics for dry vacuum pumps used in semiconductor processes, for sites in Pyeongtaek and Giheung-gu, Yongin, signed on October 13, 2017.

Framo AS has won a contract to supply sea water lift pump systems for a floating storage regasification unit being built for GasLog at Samsung Heavy Industries in Korea. The order follows a similar supply deal for a Høegh LNG FSRU at the same shipyard.

Sun Hydraulics plans to buy property and develop a factory in South Korea to manufacture products locally for Asia Pacific customers. Roughly half the cost is expected in 2017, with completion in 2018.

STX Engine signed a supply contract worth 38,654 million won with Hyundai Heavy Industries for main diesel engines and generator sets, disclosed on July 24, 2017.

Valve maker Flonix signed an MOU with Wonju City to build a new 9,924 m2 plant at Wonju Enterprise City, investing 11 billion won and hiring 25 local workers. Construction is due to start in October 2017 with operations in 2019.

South Korean specialty chemicals maker SONGWON Industrial Group announced it is investing in new production capacity for antioxidants used in fuels and lubricants, alongside R&D.

Samsung Heavy Industries awarded TMC Compressors a contract to supply a marine compressed air system for a 170,000 m3 FSRU being built for Hoegh LNG, with options for three more FSRUs; contract value undisclosed.

Tamrotor Marine Compressors signed a contract with Hyundai Heavy Industries to supply a complete marine compressed air system for a floating storage and regasification unit being built for Hoegh LNG. The newbuild is under construction at the South Korean yard.

TMC Compressors has been awarded a contract by Daewoo Shipbuilding & Marine Engineering to supply a marine compressed air system for a new-build FRSU being built for BW LNG at DSME's Okpo shipyard. Contract value is undisclosed.

Valeo and South Korean partner Pyeong Hwa Group agreed to create the Valeo-Kapec joint venture, combining their torque converter businesses. The company, headquartered in Daegu, will be controlled and fully consolidated by Valeo and is expected to generate around EUR 1 billion in annual sales, subject to regulatory approval.

WaveElectro agreed a contract with LIG Nex1 worth about KRW 661 million for initial mass production of the Hyungung product, disclosed on 10 January 2017.

LOT Vacuum signed a supply contract with Samsung Electronics for dry vacuum pumps used in semiconductor processes, worth KRW 7.92 billion, disclosed on December 28, 2016.

Doosan Heavy Industries has won a 160 billion won contract to upgrade the performance of Boryeong thermal power plant unit 3 in South Korea, covering design, manufacturing, installation and performance guarantee. Work is planned to finish by May 2019.

Parker Bestobell Marine received a US$5 million order to supply cryogenic valves for nine more Arc7 LNG carriers being built at Daewoo Shipbuilding and Marine Engineering in South Korea for the Yamal LNG project.