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.
Samsung Electronics' foundry division is expected to produce a U.S. cloud company's AI chip on the 2nm GAA node through Taiwan-based design partner Faraday. Faraday won the ASIC design project, its largest since founding, with first revenue expected in the first half of 2027.
South Korea's Younghwa Tech has won an order to supply underhood junction boxes for GM's T1XX-2 platform, covering pickup trucks and SUVs for model years 2030 through 2036. Cumulative supply is expected to cover approximately 4.89 million vehicles.
CoAsia Semi has begun mass-production shipments of semiconductor wafers manufactured using Samsung Electronics' 4nm foundry process. The network switch chips are for high-performance computing, with a total contract value of $175 million through 2029.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Korean company BHI Co Ltd won an order worth 188 billion won, according to a brief published by Stockopedia. The counterparty and product details were not disclosed.
Hanwha Ocean contracted Norwegian firm TMC Compressors to supply a complete marine compressed air system and air compressors for two Maran Gas Maritime LNG carriers due for delivery in 2026. The equipment will be manufactured in Europe and shipped to South Korea.
Hwaseong Valve signed a single supply contract with Korea Gas Corporation to supply 10-inch-and-larger ball valves for a construction project at a supply management station, worth KRW 3.87 billion (about 5.38% of its recent sales). The contract runs from January 5, 2023 to February 29, 2024.
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.
LOT Vacuum signed a supply contract with Samsung Electronics worth 14.3 billion won for dry vacuum pumps used in semiconductor processes. The contract runs until 30 December 2023 and equals 5.52% of LOT Vacuum's prior-year revenue.
Wärtsilä was selected to supply cargo handling and LPG fuel supply systems for two 46,000 m3 gas carriers being built at Hyundai Mipo Dockyard in South Korea for EXMAR LPG. Delivery of the equipment to the yard is scheduled for the latter part of 2023.
Wärtsilä was selected to supply cargo handling and LPG fuel supply systems for two 46,000 m3 LPG/midsize gas carriers being built at Hyundai Mipo Dockyard in South Korea for EXMAR LPG, with delivery scheduled for late 2023.
KSP signed a supply contract worth KRW 3,544.52 million (about $2.7 million) with Hyundai Global Service to supply valve spindles and valve seat rings for medium-speed engines, with the contract running until December 31 of the following year.
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.
Avingtrans subsidiary Hayward Tyler, Inc. secured two nuclear safety spare-parts contracts worth a total of US$7 million from Korea Hydro & Nuclear Power, to be completed before June 2023. The parts are for Nuclear Service Cooling pumps in South Korean reactors.
Babcock & Wilcox's B&W Environmental segment won a contract worth more than $12 million from Lotte Engineering & Construction to supply two SPIG hybrid cooling towers for Korea District Heating Corporation power and district heating projects in Daegu and Cheongju.
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.
DIENT disclosed a supply contract worth 17.64 billion won with LG Display, equal to 76.6% of its recent revenue. The contract runs until May 12.
Plastic Omnium won a major contract from Hyundai Motor Company to supply high-end hydrogen vessels produced in Korea, announced at the IAA in September 2021.
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.
Doosan Heavy Industries won a supply contract worth 40 billion won from Lotte E&C to supply steam turbines and generators for LNG cogeneration plants in Daegu and Cheongju. Delivery of the 120MW units is scheduled by October 2022.
Hyosung Advanced Materials has secured a six-year contract worth 157.2 billion won ($139 million) from Hanwha Solutions to supply high-strength carbon fiber for hydrogen fuel tanks.