Kyungdong Navien Launches Additional Boiler Support for Low-Income Households

[Asia Economy Reporter Kim Jong-hwa] Kyungdong Navien announced that it will actively support boiler replacement so that low-income residents do not bear the cost by expanding additional support for the eco-friendly condensing boiler support project for low-income households, which is led by the Ministry of Environment.

The eco-friendly boiler support project for low-income households is conducted for beneficiaries under relevant laws, the near-poor class, and low-income groups. When replacing old boilers used for more than 10 years (usage period standards vary by local government) with Kyungdong Navien eco-friendly condensing boilers, Kyungdong Navien supports the full cost of boiler replacement exceeding the government subsidy of 600,000 KRW. Since the 25th, additional support has been provided for Kyungdong Navien’s eco-friendly condensing boiler model NCB353.

Kyungdong Navien developed the first condensing boiler in Asia in 1988 and has led the domestic distribution of condensing boilers to save energy and protect the environment. Based on the management philosophy of contributing to society through the development of necessary technologies, the company’s philosophy is to produce products that contribute to efficient energy use and improvement of air quality. In fact, condensing boilers reduce nitrogen oxides, a major cause of fine dust, by about 79% compared to conventional boilers, and significantly lower carbon dioxide emissions, the main cause of the greenhouse effect, contributing to air quality improvement. Since April 2020, their use has been mandatory in air management zones.

Kim Si-hwan, Head of Marketing at Kyungdong Navien, said, "Under the corporate vision of being a partner for a pleasant living environment, Kyungdong Navien has consistently introduced products with eco-friendly technology that contribute to consumers’ lives and the planet," adding, "We will continue to practice Kyungdong Navien’s corporate philosophy of social contribution through various activities that contribute to society."

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