[Market Feature] SNT Energy Hits Record High on News of Air Cooler Supply Contract with Bechtel Energy

SNT Energy is showing strong performance in early trading.

As of 9:20 a.m. on September 11, SNT Energy was trading at 66,100 won, up 7.65% (4,700 won) from the previous day. During the session, the price soared to 67,000 won, setting a new 52-week high.

This surge in buying is attributed to news that the company has signed an air cooler supply contract with Bechtel Energy, a comprehensive engineering firm in the United States.

The value of the supply contract is approximately 33.674 billion won, which accounts for 11.44% of SNT Energy's consolidated sales last year. The contract period runs until December 3 next year.

SNT Energy is a manufacturer of heat exchangers and heat recovery steam generators. Recently, together with SNT Motiv, the company invested 59.4 million dollars (approximately 82.5 billion won) to establish an integrated manufacturing base in Louisiana, United States.

With the goal of beginning operations in the first half of 2026, the company plans to localize the production and supply system for air coolers needed for liquefied natural gas (LNG) projects and HRSGs (heat recovery steam generators) required for combined cycle power plants.

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