Founded in 1981, Taewoong is a global integrated steel company that has been building on its forging business. Since 2016, it has focused on steelmaking as a new growth engine, establishing an integrated production system encompassing raw material production, forging, and processing. Taewoong boasts an annual steelmaking capacity of 700,000 tons and a forging capacity of 350,000 tons. Its steelmaking facility, which began operations in 2016, is a state-of-the-art, eco-friendly facility equipped with a 120-ton electric furnace and continuous casting equipment capable of producing the world's largest 1,000-pi round bloom. The forging facility boasts ultra-large forging facilities, including a 15,000-ton press and an 11,500-ring rolling mill. Based on over 40 years of accumulated technology, the company possesses two world-class products. Taewoong is a leading global renewable energy company, with a market share of approximately 30% in the global wind power component market. In the shipbuilding sector, Taewoong has established long-term partnerships with major clients such as Samsung Heavy Industries, Hanwha Ocean, and major Japanese shipbuilders.

Taewoong has built a stable business structure by partnering with over 500 global clients across diverse business areas, including wind power, nuclear power, shipbuilding, petrochemicals, industrial machinery, and plants.

In the forging business, based on technology accumulated over 40 years, Taewoong boasts a 15,000-ton press and an 11,500-ring rolling mill, the upgrade of which will be completed in September of this year. This capability, possessed by only a few companies globally, is a key competitive advantage for Taewoong.

Furthermore, Taewoong's in-house steelmaking facility enables the timely supply of customized materials that meet demanding quality requirements, enabling the company to expand its business beyond nuclear power and offshore wind power to nonferrous metals and aerospace, next-generation industries.

At this year's KORMARINE, Taewoong's key competencies are wind power, SMR (Small Modular Reactors), and shipbuilding, key business areas in the era of eco-friendly energy. Based on its capabilities in manufacturing ultra-large forgings and proprietary steelmaking systems, Taewoong provides total solutions optimized for the global energy transition and aims to further develop as a partner in the next-generation, eco-friendly, and safe energy industry.

KORMARINE is Asia's leading exhibition where visitors can experience the latest technologies and trends across the shipbuilding, marine, and energy industries in one place. It holds significant significance for Taewoong's key clients and partners. Participating global companies in shipbuilding, marine plants, eco-friendly ships, and energy transitions are particularly prominent, enabling Taewoong's key clients to expand collaboration opportunities with their supply chain partners and explore new project and technical collaboration opportunities.

For Taewoong, KORMARINE also holds significant value as a platform for networking, directly showcasing the company's unrivaled forging technology and capabilities in next-generation energy sectors such as wind power, SMR, and shipbuilding. It also solidifies trust with global clients and partners.

Building on over 40 years of accumulated forging technology and proprietary steelmaking systems, Taewoong is focusing on offshore wind power, small modular reactors (SMRs), and shipbuilding, all optimized for the era of eco-friendly energy transition, as its core growth areas. Furthermore, Taewoong plans to expand its business into next-generation industries like aerospace and non-ferrous metals, thereby providing greater value to its global customers.