ULSAN < invest Korea

Ulsan reported that 616 companies in the region invested KRW 394 billion last year to improve the environment.

The largest sum, or KRW 205.585 billion (52.2%), was invested in the atmospheric environment, followed by KRW 83.511 billion (21.2%) in water quality and KRW 29.648 billion (7.5%) in stench. KRW 75.246 billion (19.1%) was invested in other environmental matters.

The investment in atmospheric environment was mostly used to construct or replace air pollution prevention facilities, replace boilers with ones that use LNG, install waste heat recovery systems, and build steam supply lines.

The investment in water quality was used to expand wastewater treatment plants and replace dilapidated facilities. The investment in stench was used to seal bad smells and build regenerative thermal oxidizers (RTOs).

Of all the investors, forty-seven companies invested more than KRW 1 billion each.

A hundred twenty seven companies plan to invest KRW 251 billion this year.

Source: Newsis (Apr. 1, 2013)

** This article was translated from the Korean.