Hanwha Engine said it has completed a dedicated medium-speed engine production plant at its headquarters in Changwon, South Gyeongsang Province, and will fully expand its four-stroke medium-speed engine business.
On the 19th, Hanwha Engine held a completion ceremony for the medium-speed engine plant at its Changwon headquarters in South Gyeongsang. About 200 people, including CEO Kim Jong-seo, Hanwha Engine executives and employees, and Changwon Mayor Kang Ki-yoon, attended the ceremony.
The newly completed medium-speed engine plant covers about 2,500 pyeong and has a production system capable of mass-producing four-stroke medium-speed engines. A four-stroke medium-speed engine is one in which the crankshaft, the device that transmits engine power, rotates twice during one cycle of the four power-generation stages—intake, compression, combustion, and exhaust—and its rotational speed is in the 300–1,000 RPM range. It is used for ship power generation.
Until now, Hanwha Engine has focused on supplying two-stroke low-speed engines, used as the main propulsion units for large merchant ships, to domestic and overseas shipyards.
Kim Jong-seo, CEO of Hanwha Engine, said, "The completion of this medium-speed engine plant is an important milestone that expands our business domain by one step, based on the technological capabilities and market trust Hanwha Engine has built over a long period," adding, "Going forward, we will grow into a company that provides customers with optimal propulsion and energy solutions based on a range of technologies, including not only two-stroke and four-stroke engines but also electric motors and hybrid propulsion systems."
Meanwhile, Hanwha Engine plans to continue strengthening its competitiveness in hybrid propulsion and energy solutions by connecting with energy storage systems (ESS·Energy Storage System).