Name

Wooyang HC

Legal name

Wooyang HC Co., Ltd. (우양에이치씨 주식회사)

Website

https://wooyang.co.kr

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Industrial Plant Equipment Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Boiler, Tank, and Shipping Container Manufacturing (3324)

SIC

Fabricated Plate Work (Boiler Shops) (3443), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Power Generation Plant Construction (Thermal, Hydro, Nuclear) (IMAFADAC), Automotive & Heavy Manufacturing Plant Construction (IMAFADAK)

Keywords

• Industrial plant equipment
• Pressure vessel manufacturing
• Heat exchanger fabrication
• Petrochemical plant equipment
• Power plant BOP equipment

Headquarters

HQ city

Pyongtaek

HQ country

South Korea

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Custom Plant Equipment Manufacturing: Design, fabrication, and supply of custom industrial plant equipment including towers, columns, reactors, heat exchangers, and pressure vessels. Revenue is project-based with long production cycles typically spanning months to years per order. Equipment is manufactured to customer specifications for specific plant projects.
2. Engineering Consulting Services: Professional engineering consulting services bundled with equipment supply, including design services for power plant equipment such as Surface Condensers, Feed Water Heaters, and Deaerators. Services include feasibility studies, detailed design, and technical consulting.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Wooyang HC designs, fabricates, and supplies custom-engineered heavy industrial plant equipment — pressure vessels, heat exchangers, towers/columns, reactors, and deaerators — for oil & gas, petrochemical, and power generation projects. The company manufactures to customer specifications using special materials (e.g., HASTELLOY C-276, SA516-70+304L CLAD) and delivers single units up to 3,200 tons, with bundled engineering consulting and turn-key environmental/wastewater treatment solutions.

Product overview

Wooyang HC is a plant construction and manufacturing company offering three core product lines: Chemical Process Plant (special materials and super-large tower/column, reactor, heat exchanger, pressure vessels for oil & gas and petrochemical plants), Energy Plant (Surface Condenser, Feed Water Heater, Deaerator and engineering consulting for power plants), and Eco Plant (environmental facilities for wastewater treatment and industrial solutions). The company also manufactures specialized equipment including the world's largest WASH TOWER, various pressure vessels, heat exchangers, and turn-key wastewater recycle systems. Production capabilities include fabrication of items up to 10m diameter, 110m length, and 3,200 ton unit weight with annual capacity of 30,000 tons across heat exchangers, columns/towers, pressure vessels, reactors, and other equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Chemical Process Plant Equipment (화공 플랜트) Special materials and super-large tower/column, reactor, heat exchanger, and pressure vessel products for oil & gas, oil refinery, and petrochemical plants. Targets EPC contractors and petrochemical/refinery operators globally.
• Energy Plant Equipment (에너지 플랜트) BOP (Balance of Plant) facilities for combined cycle and thermal power plants including Surface Condenser, Feed Water Heater (HP/LP Heater), Deaerator, and professional engineering consulting services. Targets power generation utilities and EPC contractors.
• Eco Plant Equipment (에코 플랜트) Environmental facilities treating toxic wastewater and waste from industrial facilities, with optimized solutions for food, pharmaceutical, and various industries. Includes turn-key wastewater recycle systems.
• Pressure Vessels Custom pressure vessels including towers, columns, reactors, and specialized pressure vessels for petrochemical and power applications. Stamped to ASME U, U2, U3, NB, and Lloyd's Register Class 1 standards.
• Heat Exchangers Various heat exchangers including Steam Surface Condenser, Feed Water Heater (HP/LP Heater), and In-Line Heat Exchanger (Chiller). Includes Helixchanger technology (LUMMUS license) and C.S.L. Heat Exchanger technology (Chiyoda Kosho license).
• WASH TOWER (World's Largest) Super-large WASH TOWER for petrochemical plant applications, manufactured to 1,794-ton weight — the world's largest. Material SA516-70N+304L CLAD. Supplied to JUPC/SABIC via Samsung Engineering.
• Deaerator Deaeration equipment for power plant applications, qualified for 1,000MW-class power plants. Supplied to Korea Midland Power (1,000MW) and Hanwha Engineering for Arzew Refinery (Algeria).
• Plating Wastewater Recycle System Turn-key wastewater treatment and recycle systems for industrial facilities, including plating wastewater at 250 Tons/Day capacity. Targets food, pharmaceutical, electronics, and other industrial manufacturers.
• Engineering Consulting Services for Power Plant Equipment Professional engineering consulting services for design optimization of power plant equipment including Surface Condensers, Feed Water Heaters, and Deaerators. Bundled with equipment supply contracts.

Quantifiable outcome

• 191,956 ㎡ facility area with annual capacity of 30,000 tons
• +3 more outcomes

Named customers21 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered strategic and core.

• Chiyoda Kosho (Japan)strategicTechnology or Integration · 1 March 2010Technology partnership established in March 2010 for C.S.L. Heat Exchanger technology. Japanese technology licensing arrangement that expanded manufacturing capabilities for specific heat exchanger designs.
• Japan Yokohama Design OfficecoreStrategic or Co-development Partner · 1 February 2010Engineering design office established in Yokohama, Japan in February 2010 to provide localized design services and technical support for Japanese market and international projects.
• LUMMUS (USA)strategicTechnology or Integration · 1 November 2009Technology partnership established in November 2009 for Helixchanger technology. LUMMUS provided access to proprietary heat exchanger technology, enhancing Wooyang HC's product portfolio for specialized heat exchange applications in petrochemical and refining processes.

Scale indicators7 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Sungjin HeatEx: Korean specialist heat exchanger manufacturer serving petrochemical, power, and marine markets. Closely comparable to Wooyang HC's heat exchanger product line in technology, customer base, and end-market exposure, with overlapping EPC channel relationships in Korea.
• Babcock & Wilcox: US-based manufacturer of steam-generating and heat-recovery equipment, including power boilers and heat exchangers for utility and industrial customers. Directly comparable to Wooyang HC's Energy Plant (surface condensers, feedwater heaters, deaerators) and Chemical Process Plant businesses.
• Chart Industries: US-based specialist in cryogenic and heat transfer equipment for energy, petrochemical, and industrial gas applications. Comparable to Wooyang HC in engineered heat exchangers, cold boxes, and process equipment for hydrocarbon and power-generation customers.
• Hamon: Belgium-based specialist in heat exchange technology and cooling systems for power generation and industrial processes. Closely comparable to Wooyang HC in air-cooled heat exchangers, condensers, and cooling solutions for utility and petrochemical customers.
• Doosan Enerbility: Korean heavy industrial equipment manufacturer producing power plants, turbines, and process equipment. Directly competes with Wooyang HC in supplying BOP equipment, heat exchangers, and pressure vessels to Korean EPCs and global power/petrochemical end-users.
• SPX Technologies: US-based industrial supplier with significant heat transfer and cooling exposure through subsidiaries such as SPX Heat Transfer. Comparable to Wooyang HC in industrial heat exchangers, cooling, and engineered process equipment for power and petrochemical applications.

Broad incumbents

• Alfa Laval: Global leader in heat transfer, separation, and fluid handling with a broad portfolio of heat exchangers, boilers, and process equipment. Comparable to Wooyang HC in heat exchanger and process equipment manufacturing, though Alfa Laval operates at significantly larger global scale and across many more end markets.
• Sumitomo Heavy Industries: Japanese diversified industrial manufacturer with power plant, process equipment, and material handling businesses. Comparable to Wooyang HC in heavy fabrication and power/process plant equipment, though with a broader portfolio and stronger Japanese utility relationships.
• Kawasaki Heavy Industries: Japanese diversified industrial manufacturer with plant engineering, pressure vessel, and energy system businesses. Comparable to Wooyang HC in heavy plate fabrication and power/process plant equipment, though operates at much larger scale and across aerospace, shipbuilding, and rolling stock.
• GEA Group: German process engineering group supplying heat exchangers, separators, and plant equipment for food, chemical, and energy industries. Overlaps with Wooyang HC in process-plant heat exchange and pressure vessel fabrication, but with a much broader application and installed-base footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wooyang HC