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History

In 1970, the Korean government established Samsung Engineering (originally named Korea Engineering), the first domestic engineering firm in the nation’s history. Recognizing the need for sustained economic development, the government sought to transform Korea from a war-ravaged developing country to a first-world industrialized nation. With no other Korean companies to emulate, Samsung Engineering had to learn for itself how to design complicated and technically sophisticated projects in a Korean context. After eight years, during which time Samsung Engineering developed its expertise in the refinery industry, Samsung Group acquired the small, state-owned firm. This move from public to private ownership signaled the first phase of maturation for the company.

  • 1970 Korea Engineering founded

    1970.01 Korea Engineering founded
  • 1970 Awarded Distilation plant from Korea National Oil Corp.

    1970.11 Awarded Distilation plant from Korea Natioanl Oil Corp.
  • 1976 Awarded Ethylene plant from Honam Petrochemical Corp.

    1976.11 Awarded Ethylene plant from Honam Petrochemical Corp.
  • 1978 Samsung group acquired Korea Engineering (First engineering office of Samsung Engineering)

    1978.04 Samsung gruop acquired Korea Engineering (First engineering office of Samsung Engineering)
  • 1979 Awarded Urea plant from Namhae chemical Corp.

    1979.03 Awarded Urea plant from Namhae chemical Corp.

In partnership with the Samsung Group, Samsung Engineering grew to play a key role in Korea’s rapid industrialization. By the late 80s, Samsung Engineering had begun to strengthen its project portfolio by offering a broader array of industrial chemical production facilities. The increased technical expertise gained from these projects allowed Samsung Engineering to transition from being a simple engineering company to a full-service EPC firm. The determined attitude that compelled its founders to seek out technological expertise and effective management systems influences Samsung Engineering’s corporate culture even today.

  • 1986 Awarded TA/TPA plant from Samsung Petrochemical Corp.

    1986.01 Awarded TA/TPA plant from Samsung Petrochemical Corp.
  • 1988 Awarded Ethylene Utility plant from Samsung General Chemicals Corp.

    1988.11 Awarded Ethylene Utility plant from Samsung General Chemicals Corp.
  • 1988 Awarded Barium Carbonate plant from Daehan Sepcialty Chemical Corp.

    1988.12 Awarded Barium Carbonate plant from Daehan Sepcialty Chemical Corp.

In 1991, the company renamed as Samsung Engineering from Korea Engineering to transform itself to a global EPC company capable of implementing sophisticated systems in an array of regions and climates. In the same year, Samsung Engineering completed its first EPC turnkey project, the Daesan Petrochemical HP Complex, and then in 1993, Samsung Engineering successfully entered the Southeast Asian industrial sector by winning the PTT GSP-4 plant in Thailand. With revenue from international construction projects on the rise, Samsung Engineering enjoyed robust growth from the early 90s until the Asian financial crisis in 1997. While this was certainly the hardest period in its history, Samsung Engineering treated the crisis as an opportunity to rebuild itself as an even more competitive, innovative and international institution.

  • 1991 Contract of introducing Deep Shaft Process System

    1991.02 Contract of introducing Deep Shaft Process System
  • 1991 Opened first Environmental R&D Center in Korea

    1991.03 Opened first Environmental R&D Center in Korea
  • 1993 Awarded EO/EG plant in China

    1993.05 Awarded EO/EG plant in China
  • 1993 Awarded Gas Separation Plant from PTT in Thailand

    1993.10 Awarded Gas Separation Plant from PTT in Thailand
  • 1999 Awarded Refinery plant from PEMEX in Mexico

    1999.10 Awarded Refinery plant from PEMEX in Mexico
  • 1999 Awarded Refinery plant from IOCL in India

    1999.11 Awarded Refinery plant from IOCL in India

In the early 2000s, Samsung Engineering redoubled its commitment to innovation and business diversification. Seeking more robust economic environments overseas, it expanded into one of the most competitive regions for the EPC industry, the Middle East. Beginning in Saudi Arabia with the SPC PDH/PP plant in 2001 and the SABIC Butene-1 plant in 2003, Samsung Engineering began to establish its reputation in the region.

To execute these larger and more complex international EPC projects, Samsung Engineering concentrated on enlisting talented engineers and streamlining its business processes. These efforts paid off in 2006 when Samsung Engineering was chosen, along with three other world-class EPC firms, to work on the TASNEE ethylene plant, which was the largest ethylene project ever built. By successfully completing the TASNEE project ahead of schedule, on budget and with an exceptional safety record, Samsung Engineering solidified its reputation in the region, leading to a continuous series of orders in and around the Middle East. Meanwhile, Samsung Engineering continued to nurture its strong business partnerships in Southeast Asia and then began to make inroads in both the United States and Central America.

  • 2005 Awarded EO/EG plant from SHARQ in Saudi Arabia

    2005.09 Awarded EO/EG plant from SHARQ in Saudi Arabia
  • 2005 Awarded PDH/PP plant from APPC in Saudi Arabia

    2005.10 Awarded PDH/PP plant from APPC in Saudi Arabia
  • 2006 Awarded Ethylene plant from TASNEE in Saudi Arabia

    2006.05 Awarded Ethylene plant from TASNEE in Saudi Arabia
  • 2006 Opened Engineering Branch Office in India

    2006.09 Opened Engineering Branch Office in India
  • 2007 Awarded Ammonia plant from Ma'aden in Saudi Arabia

    2007.06 Awarded Ammonia plant from Ma'aden in Saudi Arabia
  • 2007 Awarded Gas Separation plant from PTT in Thailand

    2007.07 Awarded Gas Separation plant from PTT in Thailand
  • 2008 Opened Engineering Branch Office in United States

    2008.07 Opened Engineering Branch Office in United States
  • 2008 Awarded Lube Base Oil plant from BAPCO in Bahrain

    2008.08 Awarded Lube Base Oil plant from BAPCO in Bahrain

Since 2010, Samsung Engineering has further enhanced its international EPC portfolio by offering an ever-expanding list of engineering services. Most recently, building on its proven expertise in downstream facilities, Samsung Engineering has positioned itself to become a full-service EPC firm for the hydrocarbon industry including offshore, also power industry, too. With this vertical integration, a single barrel of crude oil could potentially travel from reservoir to refinery to power plant, all on systems designed and built by Samsung Engineering. This increased capability has resulted in Samsung Engineering being commissioned to build upstream plants in Malaysia, Indonesia and Saudi Arabia, power plants in Mexico, Saudi Arabia, Kazakhstan.

Additionally, in the pursuit of a truly global corporate clientele, Samsung Engineering has applied lessons learned from its expansion into the Middle East and Southeast Asia and has begun to expand into Latin America, Central Asia, Central Africa, and the United States. Its recent upward momentum has attracted the attention not only of national hydrocarbon firms but also international oil companies like Dow Chemical and ExxonMobil. Looking to the future, Samsung Engineering has committed itself to an ambitious program of growth that includes attracting and retaining an even larger international workforce and improving its core services to cover an even broader family of sophisticated, cutting-edge products.

  • 2010 Awarded Steel Mill plant from SULB in Bahrain

    2010.03 Awarded Steel Mill plant from SULB in Bahrain
  • 2010 40th anniversary of the founding of Samsung Engineering

    2010.04 40th anniversary of the founding of Samsung Engineering
  • 2010 Opened EPC Branch Office in Saudi Arabia

    2010.05 Opened EPC Branch Office in Saudi Arabia
  • 2010 Awarded Combined Cycle Power plant from CFE in Mexico

    2010.08 Awarded Combined Cycle Power plant from CFE in Mexico
  • 2011 Awarded PMI Distinguished Project Award for the PTT GSP-6 Project

    Awarded PMI Distinguished Project Award for the PTT GSP-6 Project
  • 2011 Awarded Shaybah Gas Complex (Whole 4 Packages) from Saudi Aramco in Saudi Arabia

    Awarded Shaybah Gas Complex (Whole 4 Packages) from Saudi Aramco in Saudi Arabia
  • 2012 Awarded DHT plant from QATARGAS in Qatar

    2012.01 Awarded DHT plant from QATARGAS in Qatar
  • 2012 Awarded GOSP plant from Lukoil in Iraq

    2012.03 Awarded GOSP plant from Lukoil in Iraq
  • 2012 Opened Samsung Global Engineering Center (New Headquarters) in Seoul

    2012.04 Opened Samsung Global Engineering Center (New Headquarters) in Seoul
  • 2012 Awarded Urea & Ammonia plant from YPFB in Bolivia

    2012.08 Awarded Urea & Ammonia plant from YPFB in Bolivia
  • 2012 Established Offshore Engineering Company with AMEC and Samsung Heavy Industries

    Established Offshore Engineering Company with AMEC and Samsung Heavy Industries
  • 2013 Awarded Ammonia/Urea Project from SOCAR in Azerbaijan

    Awarded Ammonia/Urea Project from SOCAR in Azerbaijan
  • 2014 Awarded Power Project from BHP in Chile

    Awarded Power Project from BHP in Chile
  • 2014 Awarded Refinery Project from KNPC in Kuwait

    Awarded Refinery Project from KNPC in Kuwait
  • 2015 Awarded ULSD plant from PEMEX in Mexico

    Awarded ULSD plant from PEMEX in Mexico