Sumitomo SHI FW Wins Contract for Biomass CFB Boiler Island

• Awarded phase 2 of the Dangjin Biomass Complex in South Korea

• Utilizes SFW’s advanced circulating fluidized-bed (CFB) technology with carbon neutral fuel

ESPOO, Finland, July 11, 2018

Sumitomo SHI FW (SFW) announces today that it has been awarded a contract by GS Engineering and Construction for design and supply of the Dangjin Biomass No. 2 Power Plant Project Boiler Island. The new boiler island will be located next to the Dangjin Biomass No. 1 Power Plant which was delivered by SFW in 2014. Commercial operation of the new plant is scheduled for 2021.

SFW will design and supply the 100 MWe CFB steam generator and auxiliary equipment for the boiler island, including a cold end SCR and baghouse for flue gas cleaning. The steam generator will be designed to burn wood pellets, wood chips and palm kernel shells, while meeting applicable environmental regulatory requirements.

Tomas Harju-Jeanty, CEO, Sumitomo SHI FW, said:

“We are very pleased to continue our long relationship with GS E&C and provide yet another opportunity to demonstrate SFW’s CFB technology as a solution to meet Korea’s energy needs in compliance with all environmental regulations.”

Notes to editors:

Sumitomo SHI FW (www.shi-fw.com) is a world leader in combustion and steam generation technology. The company has sold over 490 CFB steam generating units around the world, bringing high-value technology solutions to utilities, independent power generators and industrial clients. Our leadership position in CFB combustion has resulted from our commitment to deliver superior designs providing high efficiency, fuel flexibility and low emissions. Our power solutions expand beyond fluidized bed technologies, covering a full range of environmental products, waste heat boilers and a spectrum of aftermarket services.

OUR VISION: THE POWER OF SUSTAINABLE ENERGY SOLUTIONS

We are the premier global supplier of innovative circulating fluidized bed (CFB) technologies providing sustainable value to our customers through our relentless drive for environmentally sound and reliable power solutions while we grow.