Major Industries
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Major Industries (as of 2019)
Automobile output: 5th in the world - Ulsan 20.1%, Other regions 79.9%
Shipbuilding output: 1st in the world - Ulsan 28.5%, Other regions 71.5%
Petrochemical output: 5th in the world - Ulsan 26.8%, Other regions 73.2%
Major Industries
Battery industry
- Samsung SDI secondary batteries for IT and automotive application
- Plants for Hanhwa chemical’s Cathode materials for Lithium-ion secondary battery and solar cells
- Solvay Flour Korea Co., Ltd.’s electrolyte additive plant
Energy industry
- Northeast Asia oil hub with the capacity of 30 million barrels
- Energy-related public institutions (Korea National Oil Corporation, Korea Energy Management Corporation and Korea Energy Economics Institute) moving to Ulsan
- Establishment of an Ulsan branch of Korea Institute of Energy Research