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HD Hyundai E&F Opens LNG Cogeneration Plant in Seosan

Summary by The Korea Times
A new power plant is beginning to reshape how energy reaches Korea’s sprawling Daesan petrochemical complex, with HD Hyundai E&F starting commercial operations at an LNG cogeneration facility built to supply both electricity and heat. HD Hyundai E&F, a group-energy subsidiary of HD Hyundai Oilbank, held a completion ceremony Monday at its plant in Seosan, South Chungcheong Province, the company said. The project cost about 435 billion won ($303 …

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Amidst a prolonged downturn in the domestic petrochemical industry caused by oversupply from China, HD Hyundai E&F, a district energy subsidiary of HD Hyundai Oilbank, has begun full-scale operation of its liquefied natural gas (LNG) combined heat and power plant at the Daesan Petrochemical Complex in Seosan, South Chungcheong Province. This follows the designation of the Daesan Industrial Complex as a distributed energy specialized zone last ye…

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HD Hyundai Oilbank announced on the 14th that its specialized district energy subsidiary, HD Hyundai E&F, has completed the construction of a Liquefied Natural Gas (LNG) combined heat and power (CHP) plant at the Daesan Petrochemical Complex in Seosan, South Chungcheong Province, and has begun supplying energy. Approximately 435 billion won was invested in the construction of this LNG CHP plant. HD Hyundai E&F, established in 2021, commenced con…

(Seoul = Yonhap News) Reporter Kang Tae-woo = HD Hyundai Oilbank announced that its district energy subsidiary, HD Hyundai E&F, is [developing] liquefied natural gas (LNG)... at the Daesan Petrochemical Complex in Seosan, South Chungcheong Province.

·Seoul, Korea (the Republic of)
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HD Hyundai E&F, a specialized district energy subsidiary of HD Hyundai Oilbank, has completed the construction of a liquefied natural gas (LNG) combined heat and power plant at the Daesan Petrochemical Complex in Seosan, South Chungcheong Province, and has begun full-scale energy supply.

HD Hyundai E&F has completed the construction of a Liquefied Natural Gas (LNG) Cogeneration Power Plant in the Daesan Petrochemical Complex, investing a total of 435 billion won. This power plant is set to serve as a stable, high-efficiency energy supplier for companies within the complex. On the 14th, at the LNG Cogeneration Power Plant located in Daesan-eup, Seosan-si, Chungnam, HD Hyundai E&F was joined by HD Hyundai Oilbank CEOs Song Myung-j…

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, September 14, 2026.
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