Ulsan City has inked a groundbreaking agreement with K&D Energen Co., Ltd. to establish a new hydrogen gas production plant. Valued at an impressive 218.5 billion won, this investment signals not only a significant economic venture but also a crucial step in advancing Ulsan’s role in the hydrogen industry.
Ulsan City, a leading hub of hydrogen technology in South Korea, has achieved Concept Approval (AIP) certification for a small hydrogen ship from the Korean Register of Shipping.
Ulsan City is gaining attention as it explores possibilities for collaboration with global energy corporation ADNOC in the United Arab Emirates on carbon-neutral sectors such as hydrogen and ammonia.
