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  Completes Plant 5, “Leading the Way in the Clean Hydrogen”

  Korea's largest hydrogen production and sales company, Approtium, has completed the completion of its new plant 5 and will begin full-scale commercial operation.According to Approtium on the 9th May, the newly built Plant 5, which is located on a site of about 9,740 square meters in the Bugok Yongyeon district of Ulsan's Mipo National Industrial Complex, with a building area of 2,514 square meters, took about a year from the start of construction in January last year to its completion, with a total project cost of 120 billion won.It has the capacity to liquefy and store 270,000 tons of CO2 per year, and with the completion of Plant 5, Approtium has established a supply system for approximately 400,000 tons of liquefied CO2 per year.The CO2 for liquefaction is captured during the hydrogen production process at the existing Ulsan Plants 2 and 3, with Approtium doubling the capture capacity at Plant 2 and adding a new capture facility at Plant 3. The captured CO2 is piped to the new Plant 5, where it is compressed, purified, cooled, and stored as high-purity liquid CO2. It will then be supplied to various customers, including semiconductors and e-commerce.Approtium also plans to build an infrastructure to transport 300,000 tons of CO2 per year to the CCS temporary storage site at the Donghae Gas Field, located about 8.4 kilometers from Plant 5, in order to bury the CO2 generated at Ulsan Plant 2 and Plant 3 in the Donghae Gas Field.Approtium plans to invest about 16 billion KRW to do so, which will further strengthen its capabilities as a clean hydrogen supplier and eco-friendly company.“The operation of the new plants is expected to be an important turning point for the domestic hydrogen industry as well as the field of CO2 capture and utilization for carbon neutrality,” said Won Ki-don, CEO of Approtium. “Based on this, we will lead the era of carbon neutrality and clean hydrogen at the same time by resolving the imbalance in the supply and demand of liquid CO2 in Korea and contributing to the achievement of the national greenhouse gas reduction target (NDC) through synergy with the CCS business and clean hydrogen business of the Ulsan Donghae Gas Field.”Ulsan Mayor Kim Doo-gyeom said, “The launch of five new large-scale carbon reduction facilities by Approtium, the largest hydrogen production company in Korea, is expected to enable Ulsan to play a more leading role in realizing carbon neutrality by 2050.” “We will prepare an ecosystem for carbon emission reduction through collaboration between the government, local governments, and companies.”Meanwhile, since its establishment in 1964, Approtium has been expanding its plants through continuous capital investment, and recently signed a technology agreement with Denmat Sawmill to supply clean hydrogen through ammonia cracking.

  24.05.29
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  Vice President Kim Jeong Sang of Approtium Receives the Industrial Service Medal with Honor

  Vice President Kim Jeong Sang of Approtium Receives the Industrial Service Medal with HonorRecognition of Meritorious Service and Unity Amongst the Chemical IndustryKim Jeong Sang, Vice President of Approtium, on the 31st, will receive the Industrial Service Medal at the 15th Chemical Industry Day ceremony to be held at Lotte Hotel in Seoul. Vice President Kim has been awarded the Industrial Service as a recognition of his contributions and harmony in the chemical industry.Kim Jeong Sang, Vice President of ApprotiumThis awards ceremony, hosted by the Korea Petrochemical Association, the Federation of Korean Chemical-Related Societies, and the Korean Chemical Industry Association, will honor 8 government commendations and 34 ministerial commendations. Additionally, on this day, awards for 9 outstanding teams in the University Chemistry Contest will also be presented.Vice President Kim joined Samsung Group in 1989 and worked in various roles at Samsung BP Chemical, including Team Leader of Factory Support, Team Leader of Business Planning, Team Leader of Business Innovation, Team Leader of Procurement and Logistics, and VAM Sales Team Leader (Seoul). He served as the Marketing Business Planning Head at Lotte BP Chemical (acquired by Lotte from Samsung) in 2016. Following that, in 2020, he became the Executive Director of the Strategy and Innovation Department at DIG Airgas, and since 2021, he has been Vice President at Approtium.Source: Gas News 김정상 어프로티움 부사장 산업포장 ‘영예’ (gasnews.com)

  23.10.23
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  Approtium participated in the hydrogen industry roundtable co-hosted by the U.S. Embassy.

  James Kim, the CEO of Approtium, attended the Nebraska Hydrogen Roundtable, which was jointly hosted by the U.S. Embassy on September 7th.The state of Nebraska has been making significant investments in clean energy technology and production and visited South Korea to explore collaboration opportunities for the development of the green hydrogen and clean ammonia-based clean energy industries.A Nebraska trade delegation led by Governor Jim Pillen participated in the Hydrogen Roundtable and engaged in discussions with South Korean leaders.

  23.10.23
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  Participates in H2 MEET 2023, Unveils Vision for 'De-carbonized, Eco-Friendly Clean Hydrogen' Produc

  Approtium Booth at H2 MEET 2023 |  Captured by Aving NewsApprotium Co., Ltd. (CEO Kim Joo-heon) announced its participation in H2 MEET 2023, held at KINTEX, Goyang City, Gyeonggi Province from September 13 (Wednesday) to September 15 (Friday).Approtium, formerly known as "Ulsan San-so," has been engaged in gas supply infrastructure on a local scale since the early 1960s. Over the years, the company has achieved long-term growth and business expansion. As a result, they have secured approximately 60km of pipelines, 250 tube trailers, and other infrastructure, primarily centered around the Ulsan Petrochemical Complex. Approtium operates high-purity refining facilities and large-scale SMR(Steam Methane Reformers), supplying approximately 80,000 tons of hydrogen annually to Ulsan and domestic industrial clients.During the recent exhibition, Approtium highlighted its capabilities as a company responsible for industrial hydrogen production and supply. The company's hydrogen production systems are established within their three plants in Ulsan. In the first plant(P1), they produce over 39,000 tons of hydrogen annually through refining and pressurization processes, supplying it to the Ulsan Petrochemical Complex and various locations across the country. Hydrogen transportation is carried out through both direct supply via surface and underground pipelines and high-pressure tube trailers.The second and third plants(P2, P3) utilize high-temperature and high-pressure SMR to promote the reaction of natural gas and steam for hydrogen production. This process generates approximately 350 tons of liquid carbon dioxide per day, which can be stored and supplied in various forms and purities to accommodate the demands of various industrial clients.Furthermore, Approtium is in the process of establishing a hydrogen hub pipeline network based on their carbon dioxide capture, utilization, and storage (CCUS) technology. They have also secured a blue hydrogen production system through ammonia cracking technology. These initiatives align with their goal to supply "decarbonized, eco-friendly, clean hydrogen."An Approtium representative stated, "We aim to strengthen safety and quality while practicing ESG management, aspiring to be a company respected by customers and local communities. We will continue to expand our role in low-carbon hydrogen production and distribution."H2 MEET (Mobility+Energy+Environment+Technology) is a specialized hydrogen industry exhibition aimed at domestic and international companies and institutions involved in hydrogen production, storage, transportation, and utilization. The event was organized by the H2 MEET Organizing Committee, including the Korean Automotive Mobility Industry Association, the Hydrogen Fusion Alliance, the Hydrogen Energy Network, the Korea Energy Corporation, and the Korean Industrial Federation Forum. Chevron, TUV Rheinland, BP, the Korea Hydro & Nuclear Power, Phobia, and the Korea Construction Living Environment Test Research Institute served as the main sponsors. The exhibition was held concurrently with the K-BATTERY SHOW 2023, focusing on secondary battery materials, components, and equipment.On this day, Approtium was recognized as an outstanding company in the content selected by AVING during the event.Source: AVING 어프로티움, H2 MEET 2023 참가... ‘탈탄소 친환경 청정수소’ 생산·공급 비전 알렸다! < 바이오/그린에너지 < 산업 < 기사본문 - 에이빙(AVING)

  23.10.23
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  Approtium partners with Topsoe from Denmark to lead the way clean hydrogen supply in Korea

  Approtium advances domestic clean hydrogen through collaboration with Denmark's Topesoe on ammonia cracking technologyAmmonia cracking technology for domestic : Agreement signed for business developmentTopsoe provides latest design technology for plant constructionApprotium, the largest hydrogen specialist company in South Korea, has recently signed a collaboration agreement with Denmark's Topsoe, one of the world's leading companies in hydrogen-related catalysts and technology. Both companies plan to cooperate in Korea clean hydrogen supply using ammonia cracking technology, which has a high level of technical maturity and competitiveness among clean hydrogen production technologies that utilize clean ammonia.Ammonia is produced through the synthesis of nitrogen and hydrogen, releasing heat during the process. The cracking process to revert ammonia back into nitrogen and hydrogen requires the supply of heat. Efficiently managing the supply of reaction heat is a critical component of technological competitiveness.Both companies aim to maximize their technological strengths to create synergy. Topsoe will provide design technology for plant construction, while Approtium will offer operational know-how to enhance the reliability and efficiency of processes. This collaboration will increase the commercial viability of the technology while contributing to the rapid expansion and widespread adoption of competitive clean hydrogen in South Korea.Topsoe boasts industry-leading expertise in SMR (Steam Methane Reforming) technology used in hydrogen, ammonia, methanol, and synthetic gas production processes. They have constructed over 300 commercial facilities based on this technology. Their large-scale ammonia cracking facilities, based on catalysts, have been in operation for over 30 years. During this time, Topsoe continuously developed and applied various versions of ammonia cracking catalysts. Recently, they developed the "H2 Retake" technology, which offers improved energy efficiency compared to their existing commercial ammonia cracking technology, further solidifying their leadership in ammonia cracking technology.Approtium, on the other hand, has accumulated technical expertise in commercial-scale SMR and boasts the largest infrastructure assets, including pipelines and tube trailers in South Korea. They have been supplying raw hydrogen to petrochemical and refining companies. They are now focused on expanding their business to produce clean hydrogen for power generation and industrial applications. Through this technology collaboration with Topsoe, they aim to create more concrete and practical solutions for clean hydrogen supply.This agreement marks a significant milestone for Approtium in advancing clean hydrogen supply in South Korea and contributing to the country's carbon neutrality goals. It provides a strong foundation for the company to grow as an environmentally friendly enterprise that offers future value to customers and society while leading the way in domestic clean hydrogen supply.어프로티움, 덴마크 톱소와 협력 청정수소시대 앞당긴다 (gasnews.com)어프로티움, 톱소와 암모니아 기반 청정수소 보급 추진 (h2news.kr)어프로티움, 덴마크 톱소와 손잡고 청정수소 보급 앞장 < 일반 < 경제 < 기사본문 - 울산신문 (ulsanpress.net)어프로티움(구 덕양) “국내 청정수소 공급 선도할것” < 기업/무역 < 경제 < 기사본문 - 경상일보 (ksilbo.co.kr)수소 전문 기업 어프로티움, 청정 수소 사업 진출 (naver.com)수소 전문 기업 어프로티움, 청정 수소 사업 진출 - 매일경제 (mk.co.kr)

  23.10.23
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  [Finding Hydrogen Specialist Companies] Approtium Co., Ltd

  [Relay Exploration - Finding Hydrogen Specialist Companies] ⑬ Approtium Co., LtdExtensive experience in large-scale SMR operation... Now focusing on clean hydrogen businessSupply of hydrogen for mixed-use in ammonia-separated hydrogen LNG power plantsEquipped with capital, organization, and technical capabilities... Ready for proactive investments in hydrogenApprotium's hydrogen plant, operating a large-scale NG extraction facility.[Gas Newspaper - Reporter Hansangyeol] Approtium, well-known as the largest hydrogen producer in Korea, is leading the way in the hydrogen society through continuous innovation.In December 2021, a private equity fund managed by Macquarie Asset Management acquired Doekyang Co., Ltd., and in September 2022, the company changed its name to Approtium Co., Ltd., underlining high expectations for its new trajectory.Approtium, led by James Kim, has been supplying high-purity hydrogen (H₂) produced through advanced purification facilities for by-product hydrogen from petrochemical processes. Over the past decade, the company has also built large-scale Steam Methane Reformers (SMR) to produce approximately 100,000 tons of hydrogen annually, catering to industries like refining, petrochemicals, and semiconductors, driven by the increasing demand for hydrogen.Notably, Approtium supplies hydrogen through a distribution network of approximately 60 kilometers of pipelines centered around the Ulsan Petrochemical Complex and operates more than 250 tube trailers, establishing a nationwide supply network.Moreover, the company has garnered recognition for its low-carbon hydrogen production by capturing, purifying, and liquefying the carbon dioxide (CO₂) generated during the large-scale SMR hydrogen production process. This CO₂ is supplied to industries such as semiconductors, shipbuilding, and food and beverages. Approtium also produces dry ice from liquid carbon dioxide, supplying it to various sectors, including freezing and fresh food, thereby taking a step closer to low-carbon hydrogen production.Leveraging its extensive experience in large-scale SMR operation, the company is now shifting its focus to clean hydrogen businesses, aligning with global energy trends such as carbon neutrality and addressing climate crises in addition to the hydrogen economy promoted by the South Korean government.Incorporating expertise in gas turbine development and more.Approtium's safety managers conducting safety patrol on hydrogen plants.Last December, Approtium, selected as a hydrogen specialist company by the Ministry of Trade, Industry, and Energy, is actively engaged in businesses related to hydrogen energy, including clean hydrogen and clean ammonia.James Kim stated, "Our extensive experience in operating large-scale SMR will be instrumental in producing clean hydrogen," emphasizing that the company is well-equipped in terms of capital, organization, and technical capabilities, enabling proactive investments in the hydrogen energy sector.Having signed an MOU with POSCO Holdings in September last year for cooperation in clean hydrogen business, the company plans to support hydrogen production facilities' operation and management techniques and capture, liquefy, and sell CO₂.Approtium, with James Kim, who possesses rich experience in fields related to gas turbines and thermal power generation, is also focusing on fuel cell power generation business, which is starting to yield results.In October last year, agreed with the U.S. energy company Tallgrass to supply 800,000 tons of clean ammonia annually. The imported clean ammonia is used domestically in a direct mixing process with coal-fired power plants or is disassembled to supply separated hydrogen to LNG power plants.Additionally, in December, Approtium participated in a project to establish a large-scale hydrogen storage facility pier in Dangjin, Chungcheongnam-do. After the pier construction is completed, it plans to install four ammonia storage tanks with a capacity of 40,000 tons each and build facilities for the docking of 50,000-ton and 30,000-ton liquid cargo ships. Once the pier and storage facilities are complete, the company will import 2 million tons of ammonia annually from overseas and supply it for coal and ammonia co-firing (coal + ammonia), fuel cell power generation, and vehicle applications.In February this year, Approtium signed an MOU with Hyphen, a Namibian clean energy production company, to receive 250,000 tons of green ammonia annually starting in 2027. Through the import of green ammonia, the plan is to establish a clean energy supply base in Korea and supply separated hydrogen to LNG power plants through ammonia cracking, where ammonia is separated into hydrogen and nitrogen using heat and a catalyst.In addition to the hydrogen business, Approtium is also involved in the carbonation business and draws attention by exporting CO₂, which is designated as a greenhouse gas. In November last year, Approtium signed a memorandum of understanding with Marubeni in Japan, a comprehensive trading company, to export industrial CO₂. Approtium produces 450 tons of CO₂ per day as a byproduct in Busan and exports a portion of it to Japan after liquefaction.Approtium's semiconductor-dedicated CO₂storage tanks.Playing an active role in the Hydrogen Demonstration City ProjectAs a pivotal player in supplying hydrogen to Ulsan, South Korea's first hydrogen demonstration city, Approtium stands out by ensuring a smooth hydrogen supply. The company actively participates in the Hydrogen Demonstration City Project and showcases its capabilities.Among the demonstration projects, the company's role is particularly prominent in the Ulsan North District, including Yangjeong-dong and the Taehwagang Station area, where a total of 42 billion won, including government funding, is being invested to carry out three projects. Approtium  supplies hydrogen through pipelines to the hydrogen stations to be installed at the Taehwagang Station area and the Hyundai Motor Ulsan plant.Moreover, Approtium will also supply hydrogen to hydrogen apartments in the Yuldong district of Ulsan North, utilizing hydrogen supplied through a dedicated pipeline stretching about 12.5 kilometers from the Ulsan Petrochemical Complex. This hydrogen will be used to generate 1.3 MW of electricity per hour, supplying it entirely to the hydrogen apartments. This project, expected to be completed in the second half of this year, currently involves the construction of the core facility, a hydrogen fuel cell power generation plant, and is likely to become the world's first carbon-neutral apartment complex.Going beyond industrial hydrogen supply, Approtium expressed a strong commitment to the government's hydrogen economy initiative, aiming to expand its supply to various sectors, including transportation, such as automobiles, high-speed trains, ships, and aviation, as well as large-scale hydrogen power generation. The company is poised to swiftly transition to blue hydrogen and green hydrogen in alignment with the government's push for a hydrogen economy, focusing on global carbon neutrality.[Interview] Approtium CEO James Kim“Profit is important, but Net-Zero investments are essential”Establishing a hub for hydrogen supply with a focus on safety, reliability, and competitiveness.The government should commit to not discontinuing its support for the hydrogen society."While generating revenue and profits is important for businesses in the field of hydrogen and other renewable energy sources, it is crucial to prioritize investments towards achieving net-zero in alignment with global trends like carbon neutrality. Our company is rigorously following the shareholder's self-imposed plan to achieve carbon neutrality by 2040. It's essential that we don't just stick to theory but continually find practical solutions for how to address net-zero and related business initiatives."Approtium (CEO James Kim) places a high value on conducting business as a response to climate change and has swiftly transitioned towards businesses that contribute to addressing the climate crisis, emphasizing its commitment to ESG management and investment in environmental and safety sectors, even if it involves a certain level of cost."Our company has a diverse team of experts with experiences in various fields, including gas turbine development, which forms the basis for our participation in various hydrogen-related businesses. We are also interested in investing in plans aimed at revitalizing Incheon as an energy cluster, which is part of POSCO Holdings' scheme to activate the Incheon area with multiple thermal power plants."Leveraging the experience of operating large-scale SMR, CEO Kim, who signed an MOU to promote the clean hydrogen business in the Incheon area, intends to support hydrogen production facility operation and management techniques, along with capturing and selling carbon dioxide (CO₂). Approtium aims to function as an energy hub, supplying energy to multiple locations from a single source."Our company values three essential elements: safety, reliability, and competitiveness. We provide our clients with the best services, considering these elements as our top priorities. With the application of our diverse experiences in hydrogen production and distribution, we aim to contribute to the realization of the hydrogen economy in South Korea."CEO Kim, who oversaw gas turbine development at companies such as GE and Doosan Heavy Industries, and who was involved in business development in the energy sector at Macquarie Asset Management, is recognized for his capabilities in the business field."For businesses in the hydrogen economy and carbon neutrality sectors, it's crucial to continually enhance their feasibility. Industries like extracting hydrogen from natural gas and managing the associated CO₂ pose multiple risks. However, the industry's direction should be unwavering, even if it requires substantial investments, in response to the climate crisis."Businesses in the energy sector should prioritize environmental concerns and boldly invest before assessing profitability, according to CEO Kim. He emphasizes that hydrogen fuel cell power generation should be pursued in parallel with CCUS to gain recognition."The government must have a strong belief in realizing the hydrogen society. They shouldn't discontinue their support in terms of legislation, taxation, and more. Initial doubts were raised about the feasibility of solar and wind power generation as well. Continuous trial and error will lead to technological optimization and open up new possibilities."CEO Kim emphasizes the importance of collaboration between companies and the government in the field of hydrogen fuel cell power generation and believes that with joint efforts, reaching the goals is achievable. He encourages a persistent approach without giving up."Our company plays a significant role in the Ulsan Hydrogen Demonstration City. We supply hydrogen through pipelines to two hydrogen stations and even provide hydrogen to the upcoming hydrogen apartments. We act as a hydrogen hub."CEO Kim expresses his deep appreciation for the role his company will play in supplying hydrogen to the Hydrogen Town, which will be completed in August. He plans to install an additional two CO₂ capture devices at this location, tripling the CO₂ capture capacity and recycling the CO₂, significantly contributing to carbon neutrality. His face lights up with a bright smile as he discusses these developments.[릴레이탐방 - 수소전문기업을 찾아서] ⑬ 어프로티움(주)대규모 SMR 운용 경험 풍부…이젠 청정수소사업에 집중 (gasnews.com)

  23.10.23
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  CJ Logistics to enter gaseous hydrogen transportation business, MOU with gaseous hydrogen companies

  Reporter Jang Seung-yoon of In the NewsㅣCJ Logistics (CEO Kang Shin-ho) announced on the 9th that it had signed a 'mobility hydrogen business cooperation agreement' with Aprotium, a hydrogen production and supply company, and Hynet, a hydrogen filling station operator. According to this agreement, Aprotium will supply hydrogen, but convert gray hydrogen into clean hydrogen in the long term, and Hynet will secure hydrogen charging stations as much as possible. CJ Logistics is in charge of transportation. The three companies decided to make joint efforts to expand hydrogen supply infrastructure through the smooth operation of hydrogen filling stations nationwide. CJ Logistics will load gaseous hydrogen from Aprotium's hydrogen production facilities in Ulsan and Daesan, Chungcheongnam-do from July and transport it to charging stations in the Yeongnam and central regions. To this end, we plan to sequentially introduce and expand tube trailers exclusively for gaseous hydrogen. Hynet takes on the role of expanding and supporting charging stations. It is known that gaseous hydrogen for hydrogen vehicles currently in use has been inconvenient for consumers due to a lack of charging stations and distribution. Based on this agreement, CJ Logistics expects that hydrogen vehicle charging stations will be expanded and gaseous hydrogen production and distribution will increase.“With this agreement, we will increase the number of hydrogen filling stations in the future and enable consumers to conveniently use hydrogen vehicles,” said Choi Gap-joo, head of CJ Logistics P&D Headquarters.CJ Logistics to enter gaseous hydrogen transportation business (inthenews.co.kr)

  23.06.12
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  Approtium receives 250,000 Tons of Green Ammonia per year

  Approtium receives 250,000 Tons of Green Ammonia per yearApprotium, Hyphen Corp. and Green Ammonia Supply MOU signed with energy companies in Namibia, AfricaIt will be supplied with 250,000 tons starting in 2027  Approtium (formerly Deokyang), South Korea's largest hydrogen manufacturer, announced on February 1st that it has signed an MOU with Hyphen,a Namibia clean energy producer, to supply green ammonia. Through this MOU, Approtium plans to receive 250,000 tons of green ammonia per year fromHyphen from 2027.  Approtium is a Ulsan-based hydrogen production and supply company that was acquired by a fund operated by Macquarie Asset Managementin December 2021 and took a new leap forward as a global company.  Hyphen is a Namibia-based clean energy producer owned by Nicholas Holdings of the UK and Enertrag of Germany.  Under this agreement, Approtium plans to supply separated hydrogen to LNG power plants by using a clean energy supply base in Koreawith the import of green ammonia, mixing ammonia directly into coal power plants, or cracking ammonia.(Separating hydrogen from Nitrogen using heat and catalysts)

  23.03.23
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  Approtium to Promote Clean Energy Supply in Europe

  Approtium to Promote Clean Energy Supply in EuropeSouth Korea to Europe Expected to Expand Production SupplyChristophe Beth, a construction commissioner of the European Union (EU) delegation to Korea,and 20 science and technology and trade diplomats from European embassies in 16 countries visit the Approtium for a commemorative photo.As part of establishing cooperative measures to reduce carbon emissions and expand clean energy supply, Approtium (formerly Deokyang) said that 20 European Embassy science and technology and trade diplomats from 16 countries visited the Ulsan industrial site from the 21st to the 22nd.They reside at European embassies in Korea and serve as a bridge between Korea and Europe in terms of clean energy. During the inspection, he visited Approtium, the nation's largest hydrogen manufacturer, to enhance his understanding of the hydrogen production process and domestic hydrogen demand, including hydrogen for power generation, and discuss the possibility of future technology exchanges.Approtium is a company based in Ulsan and Seosan and has been supplying hydrogen to domestic companies for about 60 years. It currently supplies more than 40% of industrial hydrogen distributed in Korea, and plans to supply blue hydrogen by utilizing carbon capture utilization & storage facilities and decomposing clean ammonia imported from abroad.Through the visit, the two sides said they are expected to revitalize technology development and applications to expand the production and supply of clean energy in Korea and Europe.

  23.03.10
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  Ulsan to operate Hydrogen demonstration city "Countdown"

  Ulsan to operate hydrogen demonstration city “countdown.” Piping engineering process rate 70% .. Installation of hydrogen charging stations. Target for completion of fuel cell co-generation plant in July smoothly. Urban construction works in full operation after approval for power generation projects in the first Half of the year.The hydrogen demonstration city project will complete the construction of the hydrogen economy infrastructure in the first half of this year and begin full-scale operation.Hydrogen city refers to a city where a hydrogen ecosystem is established around the city, and citizens feel urban innovation while using hydrogen as the main energy source.According to the Ulsan Metropolitan City Corporation on the 14th, the hydrogen demonstration city project is being carried out by investing 42 billion won (1 billion won each for Approtium and Hyundai Motors and 20 billion won each) in 5.87 square kilometers of Yang-jeong-dong and Tae-hwa River stations in Buk-gu.Yeocheon Five-way Intersection → Tae-hwa river Station → Yul-dong District → The hydrogen piping construction, which will install 8 inches (20cm) in diameter in a 12.5km section to Hyundai Motor's Ulsan plant, will cost 20.3 billion won.It is scheduled to be completed at the end of June and has a process rate of 70% as of the end of January.Charging stations will also be set up in Tae-hwa River Station and Hyundai Motor's Ulsan plant, which will produce 500,000 hydrogen cars in 2030.The fuel cell cogeneration facility construction is a project to supply heating heat and electrical energy produced from pure hydrogen fuel cells to Yul-dong National Rental Housing (437 households), daycare centers, senior citizen centers, and shopping centers.The power generation scale is 1.3MW and heat is 0.7Gcal/h 75℃. The project, which will cost 15 billion won, is scheduled to be completed in July.The province also completed the production of facilities at the end of last year and has been under construction since this year.The Integrated Safety Operation Management Center, which will be built at the Tae-hwa River Station Tourism Information Center, is a project to build a monitoring system that costs 3.9 billion won.Ulsan City Corporation plans to start operating a hydrogen city in earnest after taking steps such as approval for power generation projects in the first half of this year.Currently, Yul-dong National Rental Housing is being used for heating as a preliminary boiler that can use city gas while moving in.Ulsan City Corporation plans to operate a hydrogen city and promote various linkage projects such as expansion of pipes.The Ulsan Hydrogen demonstration City Project began at the end of December 2019 when it was finally selected by the Ministry of Land, Infrastructure and Transport, and was completed after establishing a basic plan in 2021.

  23.02.22
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  Four additional industries, including Approtium and Deokyang Energen, are designated as hydrogen-spe

  Four additional industries, including Approtium and Deokyang Energen, are designated as hydrogen-specialized companies.Based on the Hydrogen Act of December 22, a total of 56 hydrogen-specialized companies were selected.Approtium, Deokyang Energen, Ildo FNC, and Nova Co., Ltd. were additionally selected for the government's designation of hydrogen economy and hydrogen companies to select and foster hydrogen companies.The Hydrogen Convergence Alliance announced on the 4th that 56 hydrogen-specialized companies were confirmed to have a certain proportion of hydrogen business sales or research and manpower development costs based on laws and regulations in December 2022 (21.2.5.)In order to promote the implementation of the hydrogen economy, the government identifies companies that have reached a certain standard of sales or R&D expenses in the hydrogen business as hydrogen-specialized companies and provides administrative and financial support under Articles 9 to 18 of the Hydrogen Act.The Hydrogen Convergence Alliance, a corporation designated by the Minister of Trade, Industry and Energy, is in charge of hydrogen industry promotion and is carrying out projects to identify and support hydrogen-specialized companies.According to Article 2 of the Enforcement Decree of the Hydrogen Act, the requirement of a hydrogen company is to run a business related to the hydrogen industry, and the sales related to the hydrogen business (as of the previous fiscal year) out of the total sales (average over the past three years) meet the standards prescribed by Presidential Decree.So far, 56 companies have been designated as hydrogen companies, including the most recently added Approtium Corporation (hydrogen production), Deokyang Energen (hydrogen production), Ildo FNC (fuel cell), and Nova (fuel cell). The number of hydrogen-specialized companies has been designated as 56 for the first time since June 21, including Doosan Fuel Cell and Bumhan Fuel Cell, and will receive various benefits such as technical commercialization and market development support, financial support, and additional points when applying for export voucher projects.

  23.01.17
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  Approtium Donates Hope 2023 Sharing Campaign to Help Neighbors

  Approtium Donates Hope 2023 Sharing Campaign to Help Neighbors Approtium (CEO James Kim) announced on the 26th that it has delivered 52.29 million won in donationsto the Ulsan Community Chest of Korea (Chairman Park Do-moon).

  23.01.17

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