Daechang Solution

Daechang Solution has secured an additional KRW 5 billion (approx. USD 4.2 million) contract to supply steel castings for steam turbines to GE Energy, extending the contract to September 2023 and bringing total contract value to KRW 20.2 billion.

Daechang Solution signed a KRW 1.9 billion contract with National Oilwell Varco Korea to supply steel castings for mooring systems used in offshore plants, for export to the US.

Daechang Solution signed a long-term agreement with GE Power to supply steel castings for generator steam turbines, valued at KRW 17 billion, covering about 90% of GE's needs for nuclear power plants over five years. The contract was signed on October 16, 2018 in Wroclaw, Poland.