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Hyundai Heavy Industries Power Systems (HPS) and joint venture partner Bingyun Group completed a new boiler and HRSG plant in Penglai, Yantai, China. The plant covers 97,236 m², with an investment of about 300 million yuan (approx. 58 billion won), and will produce HRSG, industrial boilers, and CFBC boilers.
Hyundai Heavy Industries Power Systems signed a contract worth $100 million with a European consortium to supply three circulating fluidized bed boilers for Thai Oil's refinery modernization project in Thailand.
| Site | Largest | Latest |
|---|---|---|
| Penglai, China | $41.4M | 2025-03-21 |