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2008, Announced “Global Leader in Power & Water” Vision with the new President and CEO Geewon Park
After achieving business targets set in 2004 ahead of schedule, Doosan Heavy Industries & Construction was able to ramp up its CSR efforts.
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2008, US AP1000™ Nuclear Equipment Orders
Successfully delivered the first shipment of three nuclear units to the US, a birthplace of nuclear power that resumed the construction of nuclear power plants after a 30-year hiatus.
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2008, Nuclear Equipment Order for Shin-Hanul Plant Units 1 and 2
Won an order to supply major nuclear equipment for Shin-Hanul plant units 1 and 2 in Korea. This project marks the first time Korean nuclear units were produced entirely with domestic technology, including the Man-Machine Interface System (MMIS) and Reactor Coolant Pumps (RCP).
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2008, Strategic Alliance with US-based Burns and Roe
Forged strategic alliance with Burns & Roe, a global leader in engineering and designing of coal-fired power plants to exchange and share engineering expertise, know-how and talent.
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2008, Investment in Carbon Capture Storage
Partnered with subsidiary Doosan Babcock to purchase a 15% equity share ownership in the Canada-based HTC, a possessor of proprietary CCS technology.
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2009, Successful “Oxyfuel Testing” by Doosan Babcock
Doosan Babcock successfully demonstrated the world’s first use of oxyfuel in boilers, using 40MW boilers commonly found in coal-fired plants
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2009, Obtained Core Steam Turbine Technology through the Acquisition of the Czech-based Skoda Power
With its KRW 800 billion acquisition of Skoda Power, Doosan Heavy enhanced its core power product line of boilers, turbines and generators, becoming a truly vertically integrated global leader in Power.
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2009, Built Doosan Vina Plant in Vietnam
Opened the KRW 300 billion Doosan Vina manufacturing plant, a large-scale manufacturing plant in central Vietnam. Composed of five factories and dedicated port facilities, the plant produces boilers, HRSGs, desalination equipment and material handling systems for projects worldwide.
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2009, BusinessWeek Recognition
Ranked No. 4 out of 400 companies on the BusinessWeek’s World’s Best Companies list, the top ranking by a Korean firm. The company also ranked No. 2 on the Boston Consulting Group’s annual Value Creators list for 2009.
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2010, Established Doosan Power Systems (DPS)
In February, 2010, Doosan Power Systems was formed to coordinate the operations of Doosan Babcock of the UK and Skoda Power of the Czech Republic, providing total power solutions to Europe and the Americas.
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2010, APR1400 Nuclear Equipment Order from the UAE
Participated in a consortium led by Korea Electric Power Corporation (KEPCO) that won the US$ 4 billion project in the UAE, in which the company will supply major equipment for APR1400 nuclear units. The project is the company’s largest accomplishment since it entered the nuclear power plant business.
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2010, Vietnam Mong Duong 2 Thermal Plant Order
Won a US$ 1.3 billion order for the Mong Duong II thermal project in Vietnam from AES-VCM in December 2010. In the same month, the company also signed a framework agreement with the government of Vietnam to serve as the sole technical partner for a national project to localize equipment production for 600 MW coal-fired thermal plants.
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2010, Winning Record Total of KRW 12.9 trillion Orders
Set a new order record of KRW 12.9 trillion for projects in the Middle East, a key market for the company. The wins included the Raigh 6 project, the company’s largest overseas thermal plant project to date and the Ras Al Khair project, the world’s largest desalination project to date.
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2010, Rotor Shaft for Thermal Low-pressure Turbine Recognized as World-Class Product
The company’s rotor shaft for thermal low-pressure turbines was chosen as the World-Class Product.
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2010, CEO Leadership Recognition
Chairman & CEO Park who spearheaded Doosan’s successful privatization and transformation into a global company was highly recognized. He received the prestigious Gold Tower Order of Industrial Service Merit at the 1st Atomic Energy Day held on December 27, 2010, in recognition of his contributions to the successful win of the nuclear project in the UAE. Previously, he also received the top award at the CEO Grand Prix Awards in 2009.
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2011, Chennai Works and Lentjes Acquisitions
Acquired India-based boilermaker Chennai Works (currently Doosan Power Systems India) in February, gaining competitive edge in the Indian market. In November, subsidiary Doosan Power Systems (DPS) acquired German-based Lentjes (currently Doosan Lentjes), gaining access to eco-friendly technologies, such as Circulating Fluidized Bed (CFB) boilers.
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2011, First Major MED Desalination Plant Order
Won the Yanbu Phase 2 Expansion (15 MIGD) EPC desalination project from Saline Water Conversion Corporation (SWCC) in Saudi Arabia. This made the company the first in the global water industry to secure a project and technology portfolio spanning the top three major desalination technologies – Multi-Stage Flash (MSF), Reverse Osmosis (RO) and Multi-Effect Distillation (MED).
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2011, 3MW Wind Turbine International Certification
The company’s 3MW wind turbine system, launched as a government project in 2006, won international type certification from DEWI-OCC of Germany, paving the way for overseas sales.
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2011, Taean IGCC Demonstration Plant Order
Signed an agreement on November 15 on the construction of 300 MW Taean IGCC project, Korea’s first integrated-gasification combined-cycle demonstration plant.
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2011, CSR Agreement with Changwon City
Doosan Heavy Industries & Construction pursues sustainable management by fulfilling its social responsibilities as a corporate citizen and contributing to local communities.
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2011, Commercial Nuclear Reactor Chosen as World-Class Product
Nuclear reactors, turbine-generator rotor shafts and oil-fired boilers were additionally chosen as World-Class Products for commercial nuclear power plants.
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2012, Announced “The Doosan Way” for the Next 100 Years
Announced “The Doosan Way,” Doosan’s corporate philosophy to continue the remarkable transformation and success of the past 100 years into the next 100 years.
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2012, Bulk Order Ⅱ from India
Indian subsidiary DPSI won orders from India’s state-owned power utility NTPC, including three 800 MW boilers for the Kudgi project in Karnataka and two additional 800 MW boilers for the Lara project in Chhattisgarh.
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2012, Acquired Enpure of the UK
Strengthened competitive edge in water treatment business by acquiring UK-based Enpure (currently Doosan Enpure) to gain access to world-class preconditioning equipment design as well as water treatment technology.
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2012, Yanbu Phase 3 Desalination Plant Order from Saudi Arabia
The Yanbu Phase 3 Desalination Plant valued at KRW 1.1 trillion in Saudi Arabia supplies water to the neighboring city of Media using an MSF method. The plant produces 550,000 tons (121MIGD) of freshwater that can be used by 1.8 million people simultaneously. (Photo: Yanbu Phase 2 MED Desalination Plant completed in 2013)
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2012, Commercial Steam Generator Chosen as World-Class Product
The company’s steam generators and super-large forged backup roll for plate rolling mill were chosen as World-Class Product.
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2013, Management Transparency Awards and Corporate Governance Awards
The Company won a grand prize at the Management Transparency Awards as well as Corporate Governance Awards in recognition of its effort to promote transparency, ethics and CSR in all areas of its business.
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2013, Transferred HRSG Business to Doosan Engineering & Construction
Transferred the company’ s Heat Recovery Steam Generator (HRSG) business to Doosan Engineering & Construction.
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2013, Entered into the Latin American Market with Escondida Plant in Chile
The Escondida Desalination Plant, the largest RO-mode project in Latin America, will produce 220,000 tons of freshwater a day that can be used by 550,000 people simultaneously. The project is the first of its kind in a region other than the Middle East for the company.
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2013, R&D Center in Saudi Arabia
Dammam Water R&D Center in Saudi Arabia plays a pivotal role in Doosan water R&D global network, focusing on the development of core technology in evaporation method and hybrid desalination fields.
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2013, Shin-Boryeong Thermal Power Plant Units 1 & 2 Orders
Won an order worth KRW 850 billion to supply boilers and turbine generators for the Shin-Boryeong thermal plant units 1 and 2. The plants are the first 1000 MW Ultra-Supercritical (USC) coal-fired thermal power plants developed with domestic technology. These eco-friendly and high-efficiency power plants are more efficient than conventional coal-fired thermal power plants and generate less carbon dioxide.
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2013, Won Vinh Tan 4 Thermal Power Plant Project in Vietnam
Won an EPC contract for the Vinh Tan 4 coal-fired thermal power plant to be built in Binh Thuan, some 230km east of Ho Chi Minh City. As an EPC contractor, Doosan is to lead the entire process from equipment manufacture, installation and trial operation.
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2013, Integral Heads Selected as World-Class Product
The company’s integral heads and excitation systems for major nuclear equipment were chosen as the World-Class Products.
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2014, Doosan Babcock Signed Service Agreement with EDF of France
Subsidiary Doosan Babcock signed a long-term service agreement with French energy giant EDF to support the operations of the energy company’s 14 nuclear power stations in the UK.
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2014, Integrated Energy System Order for Dongtan 2 New City
Signed a KRW 380 billion contract by Korea District Heating Corporation to supply the integrated energy systems to be built in Dongtan 2 New City, a city being created in Hwaseong, just south of Seoul in South Korea.
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2014, Nuclear Equipment Order for Shin-Kori Units 5 and 6
Signed a KRW 2.3 trillion contract to supply main equipment for Shin-Kori Nuclear Power Plant Units 5 and 6 together that adopt Korean-designed APR 1400, boasting of significantly enhanced safety.
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2014, Enlistment in Dow Jones Sustainability Index
Received a certificate of enlistment in the Dow Jones Sustainability Index (DJSI) at the “2014 DJSI International Conference.” DJSI is a global standard that evaluates the sustainability of management by comprehensively assessing companies in the economic, environmental, and social aspects, and the company has been enlisted in Korea Class.
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2014, 3MW Wind Turbine Recognized as World-Class Product
The company’s WinDS3000, a 3MW-class offshore wind turbine was chosen as the World-Class Products.
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2014, Won Nghi Son 2 Thermal Power Plant Project in Vietnam
Won an order for the 1330MW (665MWX2) Nghi Son 2 thermal power plant project in Vietnam. This is the company’s 3rd EPC contract following its Mong Duong 2 and Vinh Tan 4 thermal power plant projects in Vietnam.
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2014, Entered into the Central Asian Power Market with Karabatan Plant in Kazakhstan
Won the first order for the 310MW Karabatan combined cycle thermal power plant project in Kazakhstan, paving the way for its advancement into the Central Asian power market.
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2015, Achieved 50 Million Safe Man Hours
Doosan’s Rabigh 2 thermal power plant construction project which was constructed for SEC has achieved 50 million safe man-hours. Doosan established an advanced EHS culture through systematic and differentiated EHS activities in Saudi Arabia. The record of 50 million safe man-hours is the longest duration of accident-free operation among any global project Doosan has performed to date.
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2015, Won Song Hau 1 Thermal Power Plant Project in Vietnam
Won an order for the 1,200MW Song Hau coal-fired power plant this past April. As the main EPC contractor, Doosan will supply the main equipment of the plant including boilers and turbines as well as construct the plant. The plant is expected to contribute to easing power shortages in southern Vietnam.
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2015, Achieved Cumulative Production of 30 Reactor Vessels and 100 Steam Generators
Started manufacturing reactor vessels in the early 1980s beginning with Hanbit unit 1 and produced Doosan’s 30th reactor vessel this summer, the VC Summer unit 3. Moreover, last May Doosan delivered their 100th steam generator after 30 years of manufacturing nuclear steam supply systems.
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2015, Ras Al Khair Wins ‘2015 Desalination Plant of the Year’
The Ras Al Khair Ph.1 seawater desalination plant, constructed by Doosan Heavy Industries & Construction in Saudi Arabia, was awarded ‘Desalination Plant of the Year’ at the 2015 Global Water Awards hosted by the Global Water Intelligence (GWI) in Zurich, Switzerland. GWI is a world-renowned specialty journal on water.
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2015, Won Order for Construction of Shin-Kori Nuclear Power Plant Units 5 and 6
Has successfully won an order for construction of the Shin-Kori nuclear power plant units 5 and 6 this past June. Doosan had also signed a deal to supply the main nuclear equipment to the plant in 2014. This latest contract helps strengthen Doosan’s capabilities as a leading nuclear power plant facility maker.
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2015, Sewage Treatment Plant Orders from Oman and England
Won the phase 2 of the Al-Ansab sewage treatment plant from Oman, the first order in the Middle East, and Doosan Enpure, the company’s subsidiary, won the phase 2 of Bellozanne sewage treatment works replacement plant in England.
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2015, Became Main Business Partner of ESS under Smart Grid Implementation Project
Became the main business partner to deliver the energy storage systems (ESS) under the 2015 Smart Grid Implementation Project, which was hosted by the Korea Smart Grid Institute. With its first achievement of supplying 1MW ESS facilities with Kwangjin Engineering, Doosan will also supply the main equipment for the 2.4MW ESS with Korea Power Exchange (KPX), the largest output among all the ESSs installed in a single building in Korea to date.
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2015, Won Orders for 1000MW-Class Thermal Power Plant Projects at Home
Starting with its first project to supply the main equipment for Shin Boryeong thermal power plant in 2013, Doosan has successfully won orders for 1000MW-class thermal power plant projects at home, including the Gangneung Anin thermal power project in April, the Shin Seocheon thermal power project in November and the Goseong Hai thermal power plant project in December.
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2015, Entered into South African Power Market
Laid foundations to expand its South African power market by making a contract to refurbish the aged facilities at the Morupule A power plant in Botswana. Through efforts to expand and diversify its markets, Doosan has successfully made inroads into new markets, including South Africa and Turkey this year.
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2016, Won Major Projects in the UK
Doosan Babcock won a project to transform fuel for 140MW-class Lynemouth Thermal Power Plant Unit 3, which had been operating since 1972, into biomass, an ecofriendly fuel. Doosan Enpure also bagged the “Horsley water treatment plant improvement project” in March this year after winning the project to expand and improve the “Woodmansterne water treatment plant” last year.
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2016, Rabigh 2 Project Won “Power and Desalination Project of the Year Award”
The Rabigh 2 project implemented by Doosan Heavy Industries & Construction in Saudi Arabia was given the “Power and Desalination Plant of the Year award” by Middle East Economic Digest (MEED), an economic magazine in the Middle East.
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2016, Won Seawater Desalination Plant Project in Kuwait
Doosan Heavy Industries & Construction signed a 460 billion won contract to construct, maintain, and repair the “Doha Phase 1” seawater desalination plant adopting Reverse Osmosis (RO) technology. The feat is meaningful since Doosan Heavy Industries & Construction beat world-renowned rival firms by banking on its superior technology including highly advanced pretreatment process and credibility.
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2016, Acquired 1Energy Systems, US Energy Storage System Firm
Doosan Heavy Industries & Construction acquired 1Energy Systems (now known as Doosan GridTech), a company that possesses fundamental technology in ESS (energy storage system) control systems in July, and won the first ESS order in the US in October. Doosan Heavy Industries & Construction has secured the industry’s best competitiveness in the ESS business and laid the foundation for expanding businesses to include the Microgrid market.
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2016, Earned Highest Grade in Shared Growth Index
Doosan Heavy Industries & Construction received the top grade, the highest honor, in the shared growth index assessment 2015 conducted by the National Commission for Corporate Partnership. Doosan Heavy Industries & Construction acquired the highest grades in “track records in the implementation of fair trade and shared growth” and “assessment of perception among SMEs” that surveyed partner firms; thus earning recognition as a company that strengthens shared growth with business partners.
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2016, Started Commercial Operation of Taean IGCC Plant
Taean Integrated Gasification Combined Cycle (IGCC) Plant, which was supplied by Doosan Heavy Industries & Construction through the EPC method, started commercial operation in August. The company became the seventh in the world to commercialize an IGCC plant. A project implemented as part of the government’s renewable energy R&D project in 2006, the Taean IGCC plant is an outcome of the project to develop technology for the first “Korean standard 300MW-class IGCC demonstration plant.”
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2016, Launched Korea’s First Commercial Offshore Wind Farm
Jeju Tamna Offshore Wind Farm, Korea’s first commercial offshore wind power complex, started operation on September 29. Doosan Heavy Industries & Construction constructed 10 units of 3MW-class offshore wind power generator in the complex through the EPC method, ushering in the era of offshore wind power in Korea.
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Won Successive Large EPC Projects in India, Saudi Arabia, etc.
Doosan Heavy Industries & Construction won large-scale EPC projects in succession including the 2.8 trillion won Obra-C and Jawaharpur projects in India, the one trillion won Fadhili project in Saudi Arabia, and the 950 billion won Subic Redondo project in the Philippines in the second half of 2016, solidifying its position in the global power market.
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Doosan to Provide Wastewater Treatment Technology to Achieve Zero Liquid Discharge
Doosan Heavy Industries & Construction signed a contract with Korea South-East Power Corporation (KOEN) to supply them with its advanced wastewater treatment technology – the zero liquid discharge (ZLD) system.
Doosan developed its advanced ZLD technology in-house, capitalizing on its industry-leading seawater desalination technologies for which it has an extensive track record.
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Doosan to Upgrade Indonesian Power Plant
Doosan Heavy Industries & Construction and its consortium partner PT. Hutama Karya, an Indonesian state-owned construction company, received a 470 billion won order from PT. Perusahaan Listrik Negara (PLN), an Indonesian government-owned sole electricity utility company, for Muara Tawar Combined Cycle Power Plant.
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Installed 17,000-ton forging press
Doosan Heavy Industries & Construction held a ceremony to celebrate the installation of a new 17,000-ton forging press – the world’s largest to date – at the forging plant of its manufacturing complex in Changwon, South Gyeongsang province in South Korea.
The new 17,000-ton forging press is 29 meters tall and 9 meters wide, and it can forge steel ingot with the strength equivalent to 240,000 men pressing on the metal at the same time. It is currently the world’s biggest four-pillar type forging press to date.
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Won ‘Desalination Company of the Year’ Award from Global Water Intelligence
Doosan Heavy Industries & Construction was named as the winner of the ‘Desalination Company of the Year’ award by Global Water Intelligence (GWI), one of the industry’s leading research organizations.
The prestigious award is a clear recognition of Doosan Heavy’s leading contribution to the desalination industry.
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Acquired 5.5MW Offshore Wind Power Technologies
Doosan Heavy Industries & Construction signed a contract to acquire the 5.5MW offshore wind power technology developed by Hyundai Electric & Energy Systems.
The 5.5MW wind turbine boasts of the largest capacity among domestic products of its kind. The system was installed in Gimnyeong Pilot Complex on Jeju Island and has been in operation for about three years.
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Completed Acquisition of US Gas Turbine Service Firm ACT
Doosan Heavy Industries & Construction finalized the acquisition of ACT Independent Turbo Services (ACT), a US gas turbine service company, and established Doosan Turbomachinery Services.
With the acquisition, Doosan will secure not only professionals and facilities specializing in gas turbine services, but also order backlogs and know-how; thus instantly entering the US gas turbine market with a capacity of 16GW per annum.
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Won Order for FGD System of Shin Seocheon Thermal Power Plant
Doosan Heavy Industries & Construction won the order for the flue gas desulfurization (FGD) system of Shin Seocheon Thermal Power Plant from Korea Midland Power Co., Ltd. (KOMIPO), aggressively penetrating the eco-friendly power generation market of desulfurization and denitrification systems, which were designed to reduce atmospheric pollutants.
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Entered Wind Power Market in Vietnam
Doosan Heavy Industries & Construction signed agreements with local companies in Hanoi to lay the groundwork for developing the wind power market in Vietnam. Doosan signed a business agreement with Vietnam’s state power company Vietnam Electricity (EVN) to develop an energy storage system (ESS)-linked 3MW offshore wind power demonstration project, marking a milestone in the company’s renewable energy business.
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Successively Won Orders for Energy Storage System (ESS) at Home and Abroad
Doosan Heavy Industries & Construction has recently been successively winning contracts for energy storage system (ESS) projects.
The company signed a contract with SK E&S to deliver a power demand management ESS facility. Furthermore, with Doosan Heavy’s US-based subsidiary, Doosan GridTech, also winning a contract together with Consumers Energy to implement an ESS at a substation in Kalamazoo, which is located in the southwestern part of Michigan, the company is effectively building up its competitiveness in both the domestic and overseas markets.
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Doosan to develop Korea’s largest 8MW offshore wind power system
Doosan Heavy Industries & Construction (DHIC) has been selected as the main contractor for the 8MW Large-Capacity Offshore Wind Power System Development project, a state project sponsored by the Korea Institute of Energy Technology Evaluation and Planning (KETEP). With this new development, the Company will be able to expand its wind power system lineup to 8 MW from the current 3 MW and 5 MW lineup. The development of this model will help aggressively penetrate the overseas wind power market, where the growing trend is for large scale models and it will also help increase the share of local supplier products in the Korean market, where foreign models currently account for more than half of the market share.
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Secured an order for a seawater desalination plant in Sharqiyah, Oman
Doosan took part in a 230 billion won desalination project in Sharqiyah, Oman. With the partners in its consortium, Doosan will carry out the engineering, procurement, and construction for the project. Furthermore, with this project, the Company has broadend its business scope from construction to development and operation.
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Doosan to Build 1.6 Tril. Won Thermal Power Plant in Indonesia
Doosan signed a deal with Indonesia’s PT Indo Raya Tenaga (IRT) to build Jawa 9 and 10 power stations. Under the agreement, Doosan will build Jawa 9 and 10 power plants in Cilegon of Java’s west coast, only 120 km from Jakarta, the capital of Indonesia.
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Participated in Korea’s First Hydrogen Liquefaction Demonstration Project
Doosan plans to supply Korea’s first hydrogen liquefaction plant to support Changwon City’s project to build a demonstration site for hydrogen energy circulation and storage systems.
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Acquired Korea’s First International Certification for 5.5 MW Offshore Wind Power System
Doosan became the first Korean company to receive the “Type Certificate” for its 5.56W offshore wind power system from the UL DEWI-OCC, an international certification agency. The new system boasts of having the largest capacity of any model in Korea’s wind power market.
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Set to Complete Development of Large Gas Turbine for Power Generation … Korea to Become Fifth Country to Own Independent Model
Doosan had held the final assembly event at the head office in Changwon for the first large gas turbine for power generation. It’s currently being developed as part of a national project sponsored by the Ministry of Trade, Industry and Energy and the Korea Institute of Energy Technology Evaluation and Planning. Once it has passed an in-house performance test in 2020, Korea will become one of the five countries along with the United States, Germany, Japan, and Italy to have secured independent gas turbines for power generation.
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Set to Expand Gas Turbine Service Business at Home and Abroad
Doosan signed a memorandum of understanding with MCV, American private energy firm, to extend cooperation in maintenance and improvement of MCV’s gas turbines. With the MOU, Doosan expects to strengthen its foothold in gas turbine aftermarket business. In the Korean domestic market, it had won a contract to maintain the exhaust cylinders of three gas turbines installed at Units 4 to 6 of the Ulsan Oil Fired & C.C Power Complex. The order was a follow-up to the successful maintenance of the gas turbine exhaust cylinder of Unit 3 of the same complex.
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Materialize the First Entry into Small Modular Reactor Market in USA
Doosan completed equity investment in NuScale Power for its small modular reactor (SMR) technology and executed a business collaboration agreement with NuScale Power for the NuScale Power Module™ (NPM) and other equipment supply. Doosan plans to supply equipment worth at least $1.3 billion to NuScale Power for both U.S. and global deployment of the NuScale power plant.