K&D Energy's Mega Hydrogen Production Facility in Ulsan for Diverse Industries
Key Ideas
  • K&D Energy in Ulsan is investing 218.5 billion won to build Korea's largest hydrogen production facility, capable of producing 92,000 N㎥ of hydrogen gas per hour.
  • The hydrogen gas from this facility will be supplied to the S-Oil Shaheen project and various industries like semiconductors, electronics, steelmaking, and petrochemicals in Korea.
  • The CEO of K&D Energy, Kim Ki-chul, aims to ensure stable hydrogen supply to major customers, fostering growth for the company and contributing to industrial sectors' development.
  • Ulsan, known for being a key player in the nation's hydrogen production, is set to further strengthen its position with this significant investment in hydrogen infrastructure.
In Ulsan, South Korea, K&D Energy is making substantial strides in hydrogen production with the establishment of a new facility at the Onsan National Industrial Complex. This venture, a joint effort between Deokyang Energy and Far East Oil Company, will see an investment of 218.5 billion won towards creating the largest hydrogen production plant in the country. Scheduled for completion in April 2026, the facility will boast the capacity to produce 92,000 N㎥ of hydrogen gas per hour, setting a new standard in commercial hydrogen production in Korea. The produced hydrogen will cater to the needs of various industries, including the ongoing S-Oil Shaheen project, semiconductor, electronics, steelmaking, and petrochemical sectors, to enhance their operations with industrial hydrogen gas. Kim Ki-chul, the CEO of K&D Energy, has expressed the commitment to ensuring a consistent supply of hydrogen to key clients like S-Oil, signaling positive growth prospects for the company. This development not only highlights Ulsan's pivotal role in national hydrogen production but also signifies a positive shift towards sustainable energy practices and industrial progress in South Korea's business landscape.
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