Jeollanamdo – Jeollanamdo Europe Office

Jeollanamdo Governor signs contract with Linde and Hanyang

Posted by Jeonnam_Europeon 1. June 20231. June 2023in Jeollanamdo & EuropeLeave a comment

The Governor of Jeollanamdo, Kim Young-rok, visited Europe at the beginning of May. During his visit, he also came to Frankfurt to sign an investment agreement with Linde and Hanyang on May 3rd to build a blue hydrogen production cluster which is worth 800 million USD.

Linde is the world’s largest industrial gas and engineering company that makes active investments around the world. This includes green energy production, processes, and use, in each field of the hydrogen value chain. Hanyang is expanding its scope beyond the construction and plant business to LNG terminal business, renewable to geological production, and clean hydrogen power generation.

The signing ceremony was attended by Jeollanamdo Governor Kim Young-rok, Sean Durbin, the general Linde representative of Europe, the Middle East, and Africa (EMEA), Hanyang CEO Kim Hyung-il, Linde Korea CEO Sung Baek-seok and LNG Hub Terminal CEO Moon Byung-chul.

Hanyang is currently constructing an LNG terminal on Myodo Island and is promoting the construction of a cogeneration plant. Linde and Hanyang plan to produce blue hydrogen on that island and also aim to enter the clean hydrogen power generation business. The plan is to invest a total of $800 million from 2024 to 2030, to produce 80,000 tons of blue hydrogen per year, collect 430,000 tons of carbon dioxide per year, and bury 13 million tons of carbon dioxide in overseas storage for 30 years.

Hydrogen energy is used in industries such as power generation (fuel cells) and energy storage as a transition factor to a decarbon economy. It is expected to contribute to the stabilization of the power system by reducing the volatility of renewable energy through energy storage and power generation using hydrogen.

Prior to the investment agreement that was signed in Frankfurt, Governor Kim Young-rok visited the Basf headquarters in Ludwigshafen, Germany, Basf is the largest chemical producer in the world. The Governor thanked Jeollanamdo for its win-win efforts. He furthermore proposed continuous investment in future growth industries such as precision chemistry, semiconductor and battery materials, and renewable energy.

Picture and information taken from dailyimpact.

Launching the Jeollanamdo Travel Cook Box

Posted by Jeonnam_Europeon 6. January 20236. January 2023in AllgemeinLeave a comment

At the end of 2022 the Jeollanamdo Travel Cook box has been launched by EasyCookAsia and the Jeollanamdo Europe Office.

EasyCookAsia is a startup company from Berlin that creates Asian cook boxes to introduce Asian culture and food to everyone. The company thinks that food builds cultural bridges and that it connects people with other cultures. EasyCookAsia is committed to combine food and culture in one box to open doors to other countries. Customers can travel to different countries from home by getting the holiday feeling while cooking and eating dishes from various Asian countries.

The Jeollanamdo Travel Cook Box was created to introduce Jeollanamdo and its food to people. It contains a culture guide in German, snacks and drinks from Jeollanamdo and two recipe boxes with vegan recipes that can be cooked easily. The culture guide introduces various foods and the places in Jeollanamdo they are linked to. EasyCookAsia and Jeollanamdo see the box as a great opportunity to promote Jeollanamdo tourism and expand the Jeollanamdo food export as well.

Cook Box

Boseong Green Tea

Seaweed Noodles

Seaweed Snack

Culture Guide

Jeollanamdo´s Shop-in-Shop in Bad Homburg

Posted by Jeonnam_Europeon 20. October 202220. October 2022in AllgemeinLeave a comment

On October 18th, the Jeollanamdo Europe Office opened their second shop-in-shop at the K-Shop in Bad Homburg near Frankfurt in Germany. Several high-ranking representatives of Korean companies officially opened the shop-in-shop that offers many different kinds of snacks, cooking ingredients or tea from Jeollanamdo.

Visitors will especially find many different seaweed products in the “Jeollanamdo corner” since the province Jeollanamdo is very well known for its seaweed. They can also look forward to finding Boseong Green Tea, rice from Jeollanamdo, seaweed noodles and sweet rice snacks.

The K-Shop was opened by Panasia, one of Europe’s biggest Asian food product importers. Panasia has several offline markets around Europe, including Germany and Austria, and is the first offline partner of Jeollanamdo Europe.

Visit Jeollanamdo Year 2022-2023

Posted by Jeonnam_Europeon 13. October 202213. October 2022in AllgemeinLeave a comment

The “Visit Jeollanamdo Year 2022-2023” shall help the province Jeollanamdo to increase the number of tourists by holding special events and promoting Jeollanamdo’s beauty and variety.

The “SNS Global Supporters” of the “Visit Jeollanamdo Year” recorded short videos filled with slogans about different places in Jeollanamdo. They recorded their videos in different cities around the globe speaking different languages in the videos.

The Jeollanamdo Europe Office participated in the event as well and contributed videos from different countries in Europe including Germany, France, Austria and the UK. Furthermore, the Jeollanamdo Europe Office will keep working on promoting Jeollanamdo in Europe on Social Media and through different offline events in Europe.

Jeollanamdo signs Joint Venture Agreement for Offshore Wind

Posted by Jeonnam_Europeon 9. March 202210. March 2022in 2022, Investment, Jeollanamdo & Europe, Renewable Energy, Wind EnergyLeave a comment

On Tuesday (March 8th), Jeollanamdo signed a joint venture agreement with Danish offshore wind power company Vestas and CS Wind a Korean company.

The ceremony was hosted by the Danish ambassador to Korea, Einar H. Jensen in the Danish embassy in Seoul. The agreement was signed by Jeollanamdo’s Governor Kim Yung-rok and Vestas president and CEO Henrik Andersen as well as CS Wind chairman Kim Sung-kwon.

The agreement is the next step in Jeollanamdo’s ambitious plan to establish the world’s largest offshore wind farm at the size of 8.2 GW. Through the joint venture, Vestas and CS-Wind plan to establish competitive production facilities for assembling wind towers, blades and turbines in Jeollanamdo.

Further information on Jeollanamdo’s 8.2 GW wind farm can be found here.

Hyundai Steel and POSCO start joint project to recycle seashells

Posted by Jeonnam_Europeon 16. September 202129. September 2021in 2021, Chemistry, Investment, Nature, TechnologyLeave a comment

Hyundai Steel and POSCO, Korea’s two largest steel manufacturers are starting a joint project in order to recycle seashells for producing steel. So far steelmakers rely on limestone in order to break down iron ore into fine pieces. However, Hyundai Steel and POSCO aim to go greener and as South Korea alone produces over 300,000 tons of discarded seashells every year, the companies plan to recycle them as a replacement for limestone.

Just as limestone, seashells are made mostly of calcium carbonate. So far it was not sure whether or not seashells could be used in the same way as limestone in order to produce steel, as so far no technology existed to extract the needed substance from the seashells. However, thanks to years of research by Jeollanamdo based company Yeosu Bio, engineers came up with the necessary technology on behalf of the two steel giants.

This new technology is hoped to help solve environmental issues connected to steel production and to help the two companies to ensure carbon neutrality in the future.

Moreover, their main steel plant, which is also the largest steel plant in the world is located in the Gwangyang Bay Area in the southern part of Jeollanamdo. Therefore, Jeollanamdo will play an important role in the upcoming greener production of steel.

More information on the Gwangyang Bay Area Free Economic Zone can be found here.

Gwangyang Bay Area Free Economic Bay – English

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Jeollanamdo and Esbjerg sign MoU

Posted by Jeonnam_Europeon 1. July 202129. September 2021in 2021, Diplomacy, Investment, Jeollanamdo & Europe, Renewable Energy, Technology, Wind EnergyLeave a comment

Kim Yung-rok, governor of South Korea’s province Jeollanamdo and Jesper Frost Rasmussen, mayor of Esbjerg Commune in the Kingdom of Denmark signed a MoU on Wednesday (30.06.2021) morning.

Through the memorandum both parties promise closer cooperation in the fields of renewable energy to fight climate change together. They plan to achieve this by exchanging information and experience as well as exploring possibilities for joint commercial projects and partnerships.

The main focus of this new cooperation will be on offshore wind energy. Just earlier this year, Jeollanamdo has announced to build a 8.2 GW wind farm at the coast of Sinan county. It will become the largest wind farm in the world. Jeollanamdo and Esbjerg are ideal partners, as Esbjerg is one of the world’s leading ports in providing infrastructure for off shore wind parks in the North Sea of Europe.

Due to the Covid-19 pandemic the signing ceremony was held online. The MoU will have a duration of three years but can be expended.

Spanish firm to invest $100 m in Jeollanamdo

Posted by Jeonnam_Europeon 17. June 202117. June 2021in 2021, Investment, Jeollanamdo & Europe, Renewable Energy, Solar Energy, TechnologyLeave a comment

During a business forum in Madrid, Spain, with Spanish Prime Minister Pedro Sanchez, South Korea’s President Moon Jae In proposed a closer partnership between the two countries in order to tackle climate change in a combined effort.

Shortly after the meeting two Spanish firms revealed their plans to invest a combined sum of $ 200 m in the renewable energy business in South Korea. While the Madrid based company Ocean Winds will make an initial investment of $ 100 m to establish an offshore wind power plant in Incheon, EDPR will invest an additional $ 100 m in a solar power farm in Goheung, Jeollanamdo.

This investment is another big step in Jeollanamdo’s blue economy plan to become a center of Korea’s renewable energy industry. Just earlier this year, President Moon unveiled plans for the world’s biggest wind farm just west of the coast of Mokpo (Read more here).

The Kitchen of Korea gaining popularity in the US online-market

Posted by Jeonnam_Europeon 20. April 202122. April 2021in 2021, Agriculture, Export, The Kitchen of KoreaLeave a comment

Jeollanamdo’s Amazon Brand Store The Kitchen of Korea has established itself as a popular online store in the US online market. On April 19 the local government announced during an export ceremony that it has already sent its 10th container within 9 month, marking another mile stone since the opening of the specialty brand store The Kitchen of Korea on Amazon US.

The latest container contains 29 agricultural and fishery products from 14 companies from all over Jeollanamdo. In the Jeollanamdo Brand Store red pepper paste, organic shiitake, plum, pear, and citron juice, along with seaweed, abalone and seafood snacks are gaining huge popularity.

Along with those popular products five new products are shipped for the first time to be newly introduced to the U.S. market, after reviewing the marketability and competitiveness of the products.

As popularity of the brand store The Kitchen of Korea is continuously rising in the US, Jeollanamdo is also focusing on other regions to open similar brand stores, firstly in the European Union.

The Kitchen of Korea

Jeollanamdo is also planing to open Amazon brand stores in the EU by mid 2021. A list of available products and further information on The Kitchen of Korea can be found here.

Korea’s first lithium extraction factory to be build in Jeollanamdo

Posted by Jeonnam_Europeon 15. April 202122. April 2021in 2021, Chemistry, e-Mobility, Electric Vehicles, TechnologyLeave a comment

South Korea’s steel giant POSCO plans to build Korea’s first ever lithium-hydroxide extraction factory in Gwangyang, Jeollanamdo. Lithium-hydroxide (LiOH) is one of the most important components when building battery cathodes for electric vehicles. With the rising demand for batteries because of a rapidly growing EV-market POSCO wants to prepare for the future, in accordance to its own expansions in the EV-production business.
As the lithium price is rising continuously due to the rapid increase in EV-production, South Korea aims to be less reliant on importing Lithium from the global market. So far Korea had to import its lithium from South America, the US and China.

The factory is going to be a joint investment by POSCO and the Australian lithium producer Pilbara Minerals.
Construction of the plant will already start in mid 2021 and the factory will be finished by 2023. By then the new lithium factory will produce around 43,000 tons of lithium per year. With this amount POSCO can directly and locally supply the lithium for up to 1,000,000 electric vehicles batteries. Building on this, POSCO is already planning to further expand the extraction of lithium so that by the end of 2030 over 220,000 tons of lithium can be directly extracted at Jeollanamdo.

Gwangyang in Jeollanamdo was the logical choice for POSCO as it has already been running a demo-factory in Gwangyang and is operating additional factories in the Gwangyang Bay Area. Just earlier this year in February POSCO Chemical has announced the 4th expansion of its battery cathode plant in Gwangyang. Therefore the extracted lithium can be directly processed at Gwangyang.

As one of the most important locations in EV production and research, Jeollanamdo is also hosting the yearly Yeonggwang e-Mobility EXPO in Yeonggwang. For further information click here.