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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Norwegian firm TMC Compressors signed a contract to supply control, service air and N2 compressors for each of 12 174,000-cbm LNG carriers being built by Samsung Heavy Industries for an undisclosed owner. Price was not disclosed.

DYPNF signed a supply contract with Lotte GS Chemical worth 12 billion won for a BPA prill fan package system and prill tower, disclosed on January 5, 2023. The amount equals about 12.04% of DYPNF's 2021 revenue.

Edwards, part of Atlas Copco Group, is building a 15,000 m2 manufacturing facility in Asan City, South Korea, for vacuum and abatement systems used in semiconductor manufacturing, expected to be fully operational in Q3 2023.

Dongsung Finetec signed a supply contract worth KRW 146.9 billion with HD Hyundai Samho Heavy Industries for insulation panels and membrane sheets, disclosed on June 29, 2022. The contract runs until February 4, 2025.

Doosan Enerbility agreed to sell Doosan Mecatec, a chemical process equipment maker, to a consortium of Bumhan Industries and Metistone Equity Partners, with closing expected in July 2022.

A consortium led by Beomhan Industrial with Metistone Equity Partners acquired Doosan Mecatec, a Changwon-based chemical equipment maker, from Doosan Enerbility for 105 billion won, disclosed on June 3, 2022.

Hyundai Heavy Industries contracted TMC Compressors to deliver complete marine compressed air systems, eight compressors in total, for four VLCC crude carriers being built for an undisclosed European shipowner.

Hyundai Samho Heavy Industries and Hyundai Heavy Industries contracted TMC Compressors to deliver marine compressed air systems for five LNG carriers being built for Capital Gas Corp. TMC will manufacture the equipment in Scandinavia and ship it to Korean yards.

Burckhardt Compression was selected to supply three process gas compressor systems for a hydrogen liquefaction plant in South Korea, the largest of its kind worldwide, able to produce up to 90 tons of liquefied hydrogen per day. Production is planned to start in 2023.

STX Heavy Industries announced on September 1, 2021 that it signed ship engine supply contracts with Daeshin Shipbuilding worth 23.2 billion won and 12.4 billion won, totaling 35.7 billion won as stated in the headline.

Doosan Heavy Industries and partner Kuil Construction won a 610 billion won state procurement to build LNG storage facilities with four 270,000 kiloliter tanks in Dangjin, Chungnam Province. Completion is scheduled for December 2025.

Machine tool maker Eltek Korea signed a 12.1 billion won investment agreement with Okcheon County to build a factory in Okcheon Techno Valley, Chungbuk, by 2025, and to relocate its headquarters and plant from Geumsan.

Coins Co. signed an investment agreement with Yeosu city to build a factory on a 9,900 m2 site in the Yulchon 1 industrial complex, producing synthetic pigs and pipe-inspection robots, for 7 billion won, with work planned from January to December 2020 and 15 hires.

Norwegian compressor supplier TMC Compressors of the Seas won a contract to supply complete marine compressed air systems and compressors for four TMS Cardiff Gas LNG carriers being built at Hyundai Heavy Industries and Samsung Heavy Industries in South Korea, with undisclosed value.

HSD Engine signed a supply contract worth 54.9 billion won with Samsung Heavy Industries to supply marine engines. The deal equals 10.7% of HSD Engine's previous-year consolidated revenue.

Myungsung TNS disclosed a single sales and supply contract worth 7.98 billion won for manufacturing and installing CP05 and CP06 line swelling equipment in South Korea. The contract was signed on August 7, 2019.

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.

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 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.

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.