Hyundai Engineering Co., Ltd. is a South Korea–based engineering, procurement and construction (EPC) company established in 1974 and headquartered in Seoul. It provides front-end engineering design, detailed engineering, procurement, construction, and commissioning services for large industrial plants and infrastructure, executing projects worldwide across Asia, the Middle East, Europe, and the Americas.
In the chemical and energy sectors, Hyundai Engineering designs and builds petrochemical and gas-processing facilities, including propane dehydrogenation (PDH), polymer units (such as polypropylene and polyethylene), aromatics, and other downstream derivatives, along with utilities, offsites, storage, and marine terminals. The company also undertakes refinery upgrading, LNG, and power projects. Its role typically covers project management, integration with licensed process technologies, and turnkey delivery of complex EPC contracts for clients across the global petrochemical value chain.
chemXplore tracks 4 projects involving Hyundai Engineering, of which 2 are active.
Hyundai Engineering's role on them: EPC.
1 new construction and 1 expansion.
Expected to start operating, per year.
Contractors are recorded on all 2 of them For subscribers
Targeting: Crude oil (1), Ethane (1), Natural gas (1), Natural gas condensates (petroleum) (1), Sulphur (1)
Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.
Strong H1 profits and cash flow; Q2 free cash flow hit by $13.6bn working-capital build. Dividend declared and key upstream/gas projects on track for 2026–27 completion.
LOA covers construction of a facility and infrastructure to process up to 5 billion m3 of raw gas annually within the Karachaganak Processing Complex.
The dispute involves a contract from May 2019 for the Polimery Police Project, alleging failure to meet obligations, leading to project non-completion.
Synthos sells its stake in a butadiene unit to address Olefins III delays, ensuring continued collaboration with ORLEN through additional agreements. Transaction value: PLN 692 million.
Says ethylene project scope remains in backlog; Algerian refinery project fully relaunched and a JV partner replaced; statement aims to clarify recent media reports.
The new plant will produce 437,000 tonnes of polypropylene annually, starting August 2023. It features advanced technologies, an Offshore Gas Terminal, and will boost Poland's plastics production and energy independence.
The new plant in Police, Poland, is 99% complete. It will produce phthalate-free, low-volatile polypropylene for various industries. Key permits and registrations are finalized, marking the project's final phase.
By country, the most active first.
