PIELDS ENGINEERING
EPC Partnership Agreement Executed with PIELDS Engineering
Joint Procurement of Orders for Secondary Battery Companies/Preemptive Market Leader Expected
KARI (Representative Director: KIM Pan-Chae), a company specialized in wastewater treatments, announced on the 2nd that it executed an agreement on joint procurement of projects and business cooperation with PIELDS Engineering, a plant EPC (engineering/procurement/construction) partner on the 22nd of the last month.
KARI holds an independently developed patented technology in Korea led
by KIM Pan-Chae, a doctor of engineering, for proper treatments and recycling
of hypersaline wastewater generated during production of precursors for cathode
materials of secondary battery. Last year, the company succeeded substantiation
of proper treatment for wastewater from 2 leading companies of secondary
battery.
This technology is designed to convert hypersaline wastewater causing
ecotoxicity into high value-added resources. KARI states that the technology is
a novel eco-friendly technology realizing ‘recycling of wastewater into
resources’ where the wastewater is recycled through separation and
crystallization of wastewater through upgraded technology and final treated
water can be reused for industrial or agricultural water.
While manufacturing facilities of precursors, a key element of secondary
battery cathode materials, generate thousands of tons of wastewater on a daily
basis, this is the one and only innovative technology capable of treating
massive hypersaline wastewater.
PIELDS Engineering is a veteran company of EPC green new deal from basic
designs of plants to supply of materials and constructions as it has already
been engaging in designs and constructions of gigantic production companies of
precursors for cathode materials of secondary battery.
These two companies are expected to preemptively and quickly occupy the
market as they jointly try to procure orders and perform sales activities by
targeting secondary batters manufacturers.
“We plan to pursue business venues of commercialized plants within
the Saemangeum industrial complex together with PIELDS Engineering,” YANG
Hee-Kyung, the President of KARI business, said. “In the future, we aim to
contribute to the global secondary battery industry with our own technology by
expanding this plant to Europe and the United States,” YANG added.