Market Overview

Sumitomo SHI FW Wins Contract for CFB Boiler Island in South Korea

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  • Awarded Daesan Biomass Power Plant in South Korea
  • Utilizes SFW's advanced circulating fluidized-bed (CFB) technology
    with carbon neutral fuel

Sumitomo
SHI FW
(SFW) announced today that it has been awarded a contract by
Hyundai Engineering & Construction Co. (HDEC) for design and supply of
the Daesan Biomass Power Plant boiler island. Commercial operation of
the new biomass CFB power plant is scheduled for the end of 2020.

SFW will design and supply the 109 MWe CFB steam generator and auxiliary
equipment for the boiler island. The CFB boiler will be designed to burn
wood pellets, while meeting applicable environmental regulatory
requirements. SFW has supplied over 30 CFB steam generators in South
Korea. This is SFW's third CFB boiler unit in South Korea firing biomass
as its primary fuel.

Tomas Harju-Jeanty, CEO, SFW, said:

"We are proud to be such an integral part of South Korea's energy
solutions.
Together with HDEC and our CFB technology, we will
help to meet Korea's energy needs in an environmentally sound manner."

Weigang Chen, President, SFW Power Group Asia, said:

"SFW's CFB biomass technology provides dependable, fuel-flexible
energy on-demand which is a big advantage for a renewable energy source."

Notes to editors:

Sumitomo SHI FW (www.shi-fw.com)
is a world leader in CFB boiler and steam generation technology. The
company has sold over 490 CFB boiler units around the world, bringing
high-value CFB technology solutions to utilities, independent power
generators and industrial clients. Our leadership position in CFB boiler
combustion has resulted from our commitment to deliver superior designs
providing high efficiency, fuel flexibility and low emissions. Our power
solutions expand beyond fluidized bed technologies, covering a full
range of environmental products, waste heat boilers and a spectrum of
aftermarket services.

Keywords: CFB, CFB Boiler, Circulating Fluidized Bed, Circulating
Fluidised Bed, CFB technology, Fuel Flexibility, Biomass Boiler, Fluid
Bed Technologies, CO2 Reduction, Biomass CFB, Biofuel,
Energy, Power, Utilities, Sumitomo SHI FW, SFW

For more information, please visit: www.shi-fw.com

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