Daelim exercises global top-tier EPC capability

As one of South Korea's representative enterprises, the history of Daelim Industrial is closely entwined with that of the country's construction industry. Daelim has played a pivotal role in the foundation and development of South Korea's major oil and gas plants, civil and building projects.

"We are very business-oriented," says Lee Chul-kyoon, president and CEO. "We nurture long-term relationships, and we have the technological know-how to deliver satisfaction to clients."

Daelim pioneered serving overseas markets when it began construction services in Vietnam and the Middle East in the 1960s. Leveraging its cutting-edge technologies and with the construction boom in the Middle East, Daelim has completed a number of remarkable projects including the world's largest polycarbonate plant for Saudi Kayan.

To ease its dependence on the Middle East, Daelim has turned its eyes to emerging construction hubs in Asia. It won a number of projects such as the ongoing Fast Track Project 3A - a 1,000MW coal-fired power plant in Malaysia, and phase two of the Petron Refinery Master Plan project in the Philippines. 

The establishment of diplomatic relations between South Korea and China expedited Daelim's entrance into a mega-sized Chinese construction market. The company won two successive contracts from CNPC, which was fully satisfied with Daelim's completion of the polystylene plant at its petrochemical complex in Daqing and commissioned an additional contract for the acrylonitrile butadiene styrene plant. BASF-YPC also awarded Daelim the Nanjing power plant project, China's first combined cycle power plant. Another project that stands out is the integrated isocyanates plant completed in Shanghai for BASF's joint venture with Huntsman of the United States and Sinopec. Daelim demonstrated its advanced technology and know-how in this project, acquiring a "no accidents safety record" of 29 million working hours. 

"China has become a superpower," Lee says. "If we work together, there will be more opportunities not just for Chinese companies, but also for Korean firms and communities worldwide."