HD Hyundai Heavy Industries has received the IR52 Jang Young-sil Award for its low-pressure liquid CO2 cargo system. The award recognizes domestic industrial innovation in Korea. The LCO2 transport vessel technology operates at negative 50 degrees Celsius and 7 bar pressure.
This is significantly lower than conventional systems. The innovation supports Korea's carbon capture, utilization and storage (CCUS) industry expansion as global climate regulations get stricter. Companies are racing to capture and store carbon dioxide emissions.
HD Hyundai Heavy Industries is Korea's largest shipbuilder by order backlog. The company specializes in LNG carriers, oil tankers and offshore production vessels for energy companies.
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| Symbol | Last Price |
|---|---|
| 329180HD HYUNDAI HEAVY INDUSTRIES CO.,LTD. | ₩436,500 +0.3% |