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Global SAE-A Acquires Valmax, Specialist in Hydrogen Refueling Station
SAE-A Trading, one of the largest apparel manufacturers in the world, will acquire Valmax Technology, a company specializing in hydrogen refueling stations. As announced on March 14, SAE-A Trading recently signed a contract to acquire a 51% stake in Valmax Technology for KRW 28 billion. KIM Il-Hwan, the founder and CEO of Valmax, will maintain his position in the management with a 15% stake. Remaining 34% stake will be acquired by financial investors (FIs). SAE-A Trading plans to complete the ac
2022-03-14
Winning Environment Improvement Project for Yeongheung Thermal Power, Worth of KRW 250B
On January 12, SAE-A STX ENTECH, which is specialized in EPC contracts under Global SAE-A, announced that they have won an order to improve environmental facilities for Units 1 and 2 at Yeongheung Thermal Power Plant, which is worth of KRW 235 billion. Sulfur oxide and nitrogen oxide are substances inevitably generated from coal power plants and resulting in fine dusts.
2021-03-12
Won a Contract for Desulfurization Facility for Thermal Power Plant Worth of KRW 60.5B
On December 14, SAE-A STX ENTECH, which is specialized in EPC contracts under Global SAE-A, announced that they have signed a procurement contract for desulfurization facility for Unit 4 at Boryeong Thermal Power Plant with KOMIPO. The construction is scheduled to be completed by December 2022.
2021-01-04
Won Construction Project for Korea-Myanmar Economic Cooperation Industrial Complex
SAE-A STX ENTECH, a specialized plant constructor under Global SAE-A, was selected as a winner of the Phase I Construction Project of the Korea-Myanmar Economic Cooperation Industrial Complex jointly with Gyeryong Construction, which is a large-scale project ordered by the KMIC Joint Venture controlling entire business. The industrial complex is expected to be built up from the end of 2020 to December, 2022. This bid is worth of about KRW 29.5 billion.
2020-12-30
Won a Contract for Korea’s Largest Green Membrane Facility from Hadong Thermal Power Plant
SAE-A STX ENTECH (CEO: Ahn Seok-hwan), a global EPC contractor, has won an order for the indoor coal storage facility from the Hadong Thermal Power Plant. Hadong is a 4,000 MW power plant with a coal storage capacity of 700,000 tons. This project under the supervision of KOSPO is worth of KRW 163.7 billion. The indoor facility is intended to enable internal storage and dust-prevention for coal, a raw material for thermal power plants ? it is scheduled to be completed in the fall of 2022, two yea
2020-07-29
Wins Contract to Boost Crude Oil Production in the World’s Largest Oil Field
On December 16, SAE-A STX ENTECH (CEO: Ahn Seok-Hwan) announced that it has signed a contract with British Petroleum (BP) to build facilities to boot crude oil production. Accordingly, STX will be put in sole charge of the whole affairs, i.e. EPCC (engineering, procurement, construction and commissioning), for produced water re-injection facility in a large-scale oil field under construction in Rumaila, Iraq.
2020-01-07
SAE-A STX ENTECH Wins Overseas Renewable Energy and Domestic Green Projects
SAE-A STX ENTECH (“STX”) announced that it has won another major construction bid on the date of 13th? the standalone solar plant construction for Nicaragua. It has signed a contract with Nicaragua’s Ministry of Energy and Mines (MEM) to supply and install standalone solar panels for about 10,000 households in rural areas without electricity.
2019-11-13
SAE-A Wins ENI North Gas Out Project in Iraq
SAE-A STX ENTECH (“STX”) announced that they have won the ENI DGS North Gas Out Project from ENI Iraq B.V., which is the Iraq corporation of Eni S.p.A., an Italian multinational oil and gas company. This project is designed to collect associated gas separated from ENI fractional distillation facilities (North DGS) running on the Zubair Oil Field in Basra, as well as to install in-plant steel structures, piping and other facilities to be connected to external gas lines, scheduled to complete by D
2019-05-20
Contract made for the latest DeNOx systems that meet new environmental standards
Sae-A STX Entech, a leading global EPC company, announced that it has won a contract for DeNOx systems at POSCO's Pohang and Gwangyang steam power plants. DeNOx systems are the auxiliary facilities for removing nitrogen oxides that occur during thermal power generation, and are now in the limelight due to their role in enabling facilities to comply with special measures for fine dust management that have emerged as a social issue since 2016. In particular, the facilities must be added to steam p
2018-11-28
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