• 2026.09.26 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Posco Group Breaks Ground on High-Purity Rare Gas Plant

Desk / Updated : 2024-11-06 03:13:46
  • -
  • +
  • Print


Posco Group, a leading South Korean steelmaker, has taken a significant step towards securing the domestic supply of high-purity rare gases by breaking ground on a new production facility.

Posco Zhongtai Air Solutions, a joint venture between Posco Holdings and China's Zhongtai Cryogenic Technology, announced on [Date] the commencement of construction of a high-purity rare gas plant in Gwangyang, South Jeolla Province. The plant, scheduled for completion in November 2025, is expected to produce 130,000 normal cubic meters (N㎥) of rare gases annually, sufficient to meet 52% of South Korea's semiconductor market demand.

Rare gases, such as neon, xenon, and krypton, are essential elements in semiconductor manufacturing processes. They are also used in various other advanced industries, including display manufacturing and as propellant for satellites.

Posco Holdings has been producing low-purity rare gases at its steelmaking plants, but the new facility will enable the company to produce high-purity gases with a purity level of 99.999%. Zhongtai, a specialized gas company, will provide its expertise and technology for the construction and operation of the plant.

"By securing a stable domestic supply of high-purity rare gases, we aim to contribute to the growth of South Korea's advanced industries, including semiconductors and aerospace," said a Posco Holdings official.

The company plans to supply the high-purity rare gases produced at the new plant to major semiconductor manufacturers such as Samsung Electronics, SK hynix, and Intel.

"Starting with the production of high-purity rare gases, Posco Group will expand its industrial gas business portfolio, including the production of specialty gases using steelmaking byproducts and the supply of oxygen and nitrogen for secondary battery materials," said Lee Hyung-soo, head of Posco's Management Planning Division.

[Copyright (c) Global Economic Times. All Rights Reserved.]

Desk
Desk

Popular articles

  • Seoul's Average Apartment Prices Surpass 1.6 Billion Won as Real Estate Surge Spreads from Gangnam to Outlying Districts

  • Samsung Unveils World’s First 'Processing-in-Memory' Performance, Presenting a New Alternative for AI

  • K-Next-Generation Reactor Breaks Through to Denmark Export

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065550351887056 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Beyond Drug Smuggling, Signs of "Domestic Manufacturing"… Special Measures Must Be Established 
  • Geoje, Still Scarred by Flood Damage, Receives 'Chuseok Warmth' from Across the Country Over 2 Billion Won Donated Since Disaster; 380,000 Items Worth 1.1 Billion Won in Relief Supplies
  • Season-Over Lee Jung-hoo: Only the Burden of a 33.5 Billion Won Price Tag Remains for the 2026 Season
  • Public Criticism on Stage... The Dignity of a Senior Singer Missed by Shim Soo-bong 
  • 'Slump in Results Followed by Asylum Scandal' – North Korean Delegation Shaken in Nagoya
  • Xi Jinping Arrives in Washington… Begins 3-Day State Visit to the U.S.

Most Viewed

1
Desperate Pursuit of HBM: China’s AI Chip Sector Faces Crippling Bottlenecks as Gray Market Prices Soar
2
Chuncheon to Light Up the "Lights of Ethiopia": The 16th Ethiopia Road World Coffee Festival & Meskel Festival Opens on September 25
3
"Coffee Aroma and the Dance of Peace: A Global Cultural Harmony Unfolding This Chuseok" 
4
The Era of "Working AI" Has Arrived: Why OpenAI's GPT-6 Astra is a Blessing for Samsung Electronics and SK Hynix
5
 Iran and Gulf Nations to Hold First Ministerial Meeting in Salalah for Hormuz Navigation
광고문의
임시1
임시3
임시2

Hot Issue

South Korea and U.S. Leaders Hold Pivotal Summit in New York

From a Symbol of Security to a Space for Healing... Walking Paju's Veiled 'Re:DMZ' Forest

Pocheon Hantan River Garden Festa

A Different Side of Gyeonggi Province Seen While Running… Autumn Running Courses Recommended by 'Run Gyeonggi'

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News