Technology transfer and licensing by Optimum Engineering Solutions (USA) for Nooter Corporation (USA) technologies for titanium clad, zirconium clad, tantalum clad and Hastelloy B-2 solution annealed Plywall design and fabrication.
Hantech Limited spun off from Samsung Fine Chemicals Company Ltd.
Technical JV with Deltak (USA) for cogeneration HRSG (Heat-Recovery Steam Generator) technology.
Corporate Name Changed to Samsung Fine Chemicals Co., Ltd. Technical JV with Nittetsu Chemical Engineering Ltd. (Japan) for Liquid Waste Incinerator and Desulphurization System technology.
Technical JV with Hovalwerk AG (Germany) for Solid Waste Incinerator technology.
Technical JV with Buss AG (Germany) for B3S System (Surface Support System for Spherical Tanks)
Technical JV with Shimazaki Mixing Equipment Ltd (Japan) for Agitator and Mixing Equipment technology.
Technical JV with Japan Cryogenic Industries Inc. for Cryogenic Evaporator and Liquid Gas Container design.
Technical JV with Tsurumi Industries & Construction Ltd (Japan) for Spherical Tank design.
Training at The Japan Steel Works Ltd. for Pressure vessel and Heat Exchanger fabrication and design.
Original company established as the Machinery & Equipment Division of Korea Fertilizer Co., Ltd.