SK Ecoplant

Daewoo Engineering & Construction and SK Ecoplant (formerly SK Engineering & Construction) signed a contract with Korea Energy Terminal for the construction of the Ulsan North Port petroleum products and liquefied gas terminal Phase 3 LNG package. The project includes one 215,000 kL LNG tank and vaporization/send-out facilities with an annual capacity of about 1 million tons, with a contract value of approximately KRW 220 billion (about USD 170 million). Construction runs from August 2022 to April 2026.

SK ecoplant signed a joint technology development agreement with Pure Envitech to develop new membrane aerated biofilm reactor (MABR) technologies for energy-saving water treatment solutions.

SK Ecoplant decided to invest 459.5 billion won ($388.6 million) to acquire a 31.83% stake and convertible bonds in Samkang M&T, a South Korean offshore wind farm substructure maker, to enter the offshore wind power business.

SK D&D won a 115.3 billion KRW construction contract for a 19.8 MW fuel cell power plant in Cheongju, South Korea, as part of a consortium with SK Ecoplant.