SG Expands Orders for Self-Developed Eco-Friendly Facility 'SGR+'... "Installation Contract with Asphalt Manufacturer in Gyeongin Area"

SG, the No. 1 asphalt concrete specialist company in Korea, is expanding orders for its independently developed eco-friendly equipment.

On the 29th, SG announced that it will install its self-developed air pollution control equipment, ‘SGR+’, at five asphalt concrete manufacturers in the Gyeonggi and Incheon regions. With this, SG has achieved cumulative orders worth 7.8 billion KRW from 25 asphalt concrete manufacturers to date. SGR+ is a reduction system for eight specific hazardous air pollutants, including Group 1 carcinogens benzo(a)pyrene and benzene, as well as seven air pollutants generated during asphalt concrete production. It is the only eco-friendly asphalt concrete equipment certified by a nationally accredited institution in Korea.

SGR+ can use the existing burners specialized for asphalt concrete plants, which helps reduce installation costs and lowers maintenance expenses. In particular, compared to other reduction systems, it enables high-temperature combustion treatment, offering excellent capabilities in reducing odors and emissions of specific hazardous air pollutants. Additionally, it is safe with no residual contaminants and features an exhaust gas recirculation method that facilitates energy reuse.

SG is actively expanding orders for eco-friendly equipment through participation in local government public projects and signing memorandums of understanding (MOUs) with public institutions. Some of the recent orders were achieved through Gyeonggi Province’s ‘2024 Small-scale Business Facility Installation Support Project’ aimed at resolving air pollution and odor complaints.

An SG official stated, “Due to the government’s environmental regulations on asphalt concrete plants and strengthened supervision by local governments, demand for eco-friendly equipment is increasing. After securing the eco-friendly equipment market in the metropolitan area centered on Gyeonggi Province and Seo-gu, Incheon, we plan to expand our sales network nationwide and significantly increase sales.”

Meanwhile, the Ministry of Environment strengthened emission standards for air pollutant emission facilities by 30% in 2020 and established standards for eight specific hazardous air pollutants. As the installation of eco-friendly equipment has become mandatory for asphalt concrete companies, which are representative air pollutant emission facilities, demand for reduction equipment that meets the standards for specific hazardous air pollutant emission facilities is increasing.

With environmental, social, and governance (ESG) management becoming the foundation of corporate competitiveness, sales of eco-friendly asphalt concrete equipment, which forms the basis of ESG management, are expected to steadily increase. There are about 800 asphalt concrete plants nationwide, with a market size reaching 360 billion KRW.

This content was produced with the assistance of AI translation services.