Doosan Heavy Signs KRW 1 trillion Contract for Casting & Forging Facility Construction in Saudi Arabia

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Doosan Heavy Industries & Construction announced that it had signed an EPC contract valued to be KRW 1 trillion with Tuwaiq Casting & Forging, its joint venture company in Saudi Arabia, on building a casting & forging facility. Tuwaiq Casting & Forging is a company that was established last month through the joint venture between the Saudi Arabian Industrial Investments Company (Dussur), Saudi Aramco’s wholly-owned subsidiary Saudi Aramco Development Company and Doosan.

The new facility is to be built at the King Salman International Maritime Industries Complex, which is located near Jubail in the Eastern Province of Saudi Arabia. As the facility will have an area size of 400,000m² and the capacity to produce 60 thousand tons of castings and forgings per year, once built it will be Saudi Arabia’s largest casting & forging facility. The construction of the facility is to commence this year and is slated to be completed by the first quarter of 2025.

The main products to be produced at the facility are the castings and forgings that go into the pumps and valves of petrochemical plants and those used on equipment for shipbuilding and offshore plants. The long term plan is to further expand the scope to include castings and forgings for wind farms and power plants.

“It is a significant feat for us to have won this contract to build Saudi Arabia’s largest casting & forging facility using our casting & forging expertise and EPC capabilities, which we steadily accumulated over the past 40 years,” said Inwon Park, CEO of Doosan Heavy’s Plant EPC Business Group. He added, “We also plan to actively support the small and medium-sized local companies by partnering with them to jointly target the global market for construction of such manufacturing facilities and supply of key equipment.”

According to the global research & consulting firm Frost & Sullivan, the casting & forging market in the Gulf Cooperation Council countries, centering around the UAE, is forecast to grow to the size of approximately KRW 2 trillion (USD 1.8 billion) per year by 2028.

Source: DOOSAN

Doosan Heavy Wins KRW 160 bn WtE Plant Project in Germany

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Doosan Heavy Industries & Construction’s recent winning of a waste-to-energy(WtE) plant project in Germany is helping to further solidify the company’s position in the European WtE market.

Doosan Lentjes, the German subsidiary of Doosan Heavy Industries & Construction, recently announced on January 24th that it had received the Notice to Proceed (NTP) for the Wiesbaden WtE Plant project, which is valued to be KRW 160 billion, from its client, MHKW Wiesbaden GmbH*.
* MHKW Wiesbaden GmbH: A joint venture company that was formed together by Knettenbrech+Guadulic (a German waste management company), ESWE (the Wiesbaden district heating corporation) and ENTEGA (a public power company in Darmstadt) for overseeing the operation of the Wiesbaden WtE plant.

Doosan Lentjes will be taking on the role of EPC contractor and as such, will be handling the WtE plant engineering, equipment supply and installation, as well as the commissioning process. The Wiesbaden WtE plant, which is slated to be built by 2024 in this central western city of Germany, will have the capacity to process 600 tons of municipal solid waste per day to produce 22MW worth of electricity and provide 40MW-scale district heating.

A WtE plant is a facility that converts the various types of combustible waste generated by industrial sites and households into energy through the gasification, incineration or pyrolysis process.  Not only can these WtE plants be used to supply heat and electricity, but they can also help with minimizing landfill waste, leading to less environmental pollution.  The order intake for WtE plants is on the rise particularly in Europe, where there is a growing need for replacement of old power plants and strict policies restricting waste landfills are in place.

“With tighter environmental standards being adopted for waste management in Europe, the WtE market is growing steadily in the region, as can be seen from how there has been around ten new WtE orders being placed annually over the past five years,” said Hongook Park, CEO of Doosan Heavy’s Power Services Business Group.  He added, “As we forecast there will be around 80 new WtE plant orders being placed by 2025, we aim to use our existing track record to aggressively target the European WtE market.”

Doosan Lentjes has been successively winning numerous WtE contracts in Europe, such as the KRW 126 billion-worth Olsztyn WtE plant in Poland, which was won back in August 2020, the KRW 120 billion-worth Dinslaken WtE plant in Germany, which was won in October 2020, followed by the KRW 67 billion-worth Warsaw WtE plant in Poland, which was won in May 2021.

Source: Doosan

Doosan Heavy Wins Sewage Treatment Contract in the UK

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Doosan Heavy has announced that its UK subsidiary Doosan Enpure had recently been awarded the contract for the Guildford Sewage Treatment Works Relocation project by Thames Water, UK’s largest water and wastewater services company. Doosan Enpure partnered with BAM Nuttall to form a consortium for the project in which it will be participating as the main contractor. The project is valued to be approximately KRW 180 billion.

The Doosan Enpure consortium will be demolishing the existing sewage treatment works in Guildford, which lies southwest of London, and will be replacing it with a new sewage treatment facility built at a nearby site, one that is equipped with upgraded sewage and sludge treatment capabilities. Doosan Enpure will be taking on the overall engineering, procurement, installation and commissioning work. The project is scheduled to be completed by late 2026.


“This is truly significant as it is the first time we are participating as a main contractor for a project ordered by Thames Water, which is UK’s largest water and wastewater services company,” said Inwon Park, CEO of Doosan Heavy’s Plant EPC Business Group. He added, “We aim to successfully carry out the project by leveraging Doosan’s superior sewage treatment technology and will be using this as a basis to strengthen our foothold in the constantly growing global water treatment market.”

In 2019, Doosan Enpure was selected as a contractor for the AMP (Asset Management Plan) framework, a UK government-led fixed-term initiative. Through the initiative, the company is endeavoring to win more orders in this sector by engaging in numerous projects, such as the expansion and renovation of water and wastewater facilities in Yorkshire and the Midlands, in the years leading up to 2025.

Source: Doosan Heavy

Doosan Heavy Wins KRW 610bn Contract to Build Four Storage Tanks for Dangjin LNG Terminal Phase 1 Project

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Doosan Heavy Industries & Construction announced on July 30th that it had signed a contract with Korea Gas Corporation to build four LNG storage tanks for the Dangjin LNG Terminal Phase 1 project. The contract is valued to be approximately 610 billion won.

The project, which is being pursued to promote a stable supply of LNG in South Korea, involves constructing a LNG terminal on the 890,000㎡-sized grounds of the Seokmun Industrial Complex in Dangjin of South Chungcheong Province. The storage tanks are to be built above-ground and there will be a total of four 270,000㎘ LNG tanks, the largest-to-date in South Korea, and auxiliary equipment such as cryogenic pumps, being supplied for the project. Construction will commence this coming August and is slated to be completed by December 2025.
* Above-Ground Construction: a construction method that is used to build LNG tanks on the ground surface, one that is known to facilitate the operation and access to tanks.

Doosan Heavy formed a consortium with Kuil Construction, a local construction company, to participate in the competitive bid, from which they ultimately emerged as the winner. Doosan will be shouldering 90% of the consortium obligations, while Kuil Construction will be taking on 10%.

“According to the ‘14th Long-Term Natural Gas Supply & Demand Plan,’ South Korea’s LNG demand is forecast to rise from 46 million tons in 2021 to 53 million tons by 2034,” said Inwon Park, CEO of Doosan Heavy’s Plant EPC Business Group. He added, “As we expect that the demand for LNG storage tanks will also rise accordingly, we will endeavor to win more orders in this area.”

Starting with the order for the Incheon LNG terminal storage tank units 11 and 12 which the company won in 1997, Doosan Heavy has successively won orders for a total of nine LNG storage tanks, including the order for Pyeongtaek LNG storage tank units 18 and 19 which was won in 2007, the Tongyeong LNG storage tank units 15 and 16 and the Samcheok LNG storage tank units 5 to 7.

Source: Doosan