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    Introduction toIntroduction toSungJinSungJin GeotecGeotec Co., Ltd.Co., Ltd.

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    >>>>>>>> CONTENTSCONTENTSCONTENTSCONTENTS

    1. Introduction

    2. Location

    3. Profile

    4. Business Lines

    5. Financial Status

    6. Organization & Man Powers

    7. Yard Facility

    8. Manufacturing Capacity

    9. Manufacturing Equipment & Facilities

    10. Quality Control

    11. Certificates

    12. Experience List

    1

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    -- CONTINUE --

    We are very pleased to take this opportuni ty to introduce our company to your

    esteemed company. Since the establishment in 1982, we, SungJin Geotec Co. Ltd., have

    carried on business as a specialized manufacturer in power, process and offshore plant

    industry, meeting the ever changing demand of our clients in the world.

    We have accumulated many experiences in the fields of fabricating the process equipment

    such as reactor, vessel, column, regenerator, etc for the refinery, petrochemical and oil &

    gas processing plants, heat recovery steam generator (HRSG) for the combined cycle

    power plants, and power transmission towers home and abroad for over 20 years.

    In the field of manufacturing the power plant equipment, we have made a long-term

    agreement to supply HRSGs and Steam Drums with the prominent engineering

    companies. In November 2002, in collaboration with Nooter/Erikson, we were selected as aContractor for supply of HRSG island for 1,000MW Kwangyang Power Plant Project in

    Korea.

    1.1.1.1. INTRODUCTIONINTRODUCTIONINTRODUCTIONINTRODUCTION

    2

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    >>INTRODUCTION

    We have supplied the topside main equipment for FPSO (Floating, Production, Storage &

    Offloading) to ExxonMobil, Chevron, TotalFinaElf, Hyundai Heavy Industries, and Daewoo

    Shipbuilding & Marine Engineering Co., Ltd and so on. We have also successfull y delivered the

    large towers, vessels, and heat exchangers for the process plants in the world.

    Based on our excellent performance and experiences for manufacture and supply of topsideequipment, we have expanded our business activities to build FPSO topside modules/skids or

    similar packages, such as TEG/MEG Packages, Production Manifo lds, Pipe racks and other

    process modules. These modules/skids are fabricated, assembled, and tested at No. 2&3 yards

    where sufficient manufacturing facilit ies and spaces as well as in-house load-out jetty is

    available.

    Our company has set up the quality assurance systems to meet all specifications and

    regulations of each contract, acquiring ISO 9001 Quality Management Certification, ISO 14001

    Environment Management Certi fication, ASME U, U2, S, PP, and PED H1 Module Stamp.

    With this presentation, we wish to assure you that we are in a very competit ive posit ion inmanufacturing and fabricating equipment for the energy & process sector and topside

    modules/skid or similar packages as well. As a cooperative manufacturer for your future

    promising projects, we cordially propose our close collaboration with your esteemed company.

    3

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    1 hour by Air

    Ulsan

    Seoul

    #804,Victoria Bldg.705-1, Yeoksam-dong,

    Kangnam-ku, Seoul, Korea

    TEL:(822)527-3076, FAX : (822)527-3080

    #804,Victoria Bldg.705-1, Yeoksam-dong,

    Kangnam-ku, Seoul, Korea

    TEL:(822)527-3076, FAX : (822)527-3080

    SEOUL OFFICE

    #891 Wonsan-Ri,Onsan-eup, Ulju-gun, Ulsan,

    Korea

    TEL:(8252)237-5996, FAX : (8252)237-5997

    #891 Wonsan-Ri,Onsan-eup, Ulju-gun, Ulsan,

    Korea

    TEL:(8252)237-5996, FAX : (8252)237-5997

    #660-3, Yochun-Dong, Nam-Gu,, Ulsan, Korea

    TEL:(8252)266-6651, FAX : (8252)266-6653

    #660-3, Yochun-Dong, Nam-Gu,, Ulsan, Korea

    TEL:(8252)266-6651, FAX : (8252)266-6653

    2nd FACTORY

    3rd FACTORY

    MACHINING SHOP

    #134 Cheoyoung-Ri, Onsan-eup, Ulju-gun,

    Ulsan, Korea

    TEL:(8252)237-1033, FAX : (8252)237-1034

    #134 Cheoyoung-Ri, Onsan-eup, Ulju-gun,

    Ulsan, Korea

    TEL:(8252)237-1033, FAX : (8252)237-1034

    #919/920 Wonsan-Ri, Onsan-eup, Ulju-gun,Ulsan, KoreaTEL:(8252)231-1566, FAX : (8252)238-9219

    #919/920 Wonsan-Ri, Onsan-eup, Ulju-gun,Ulsan, KoreaTEL:(8252)231-1566, FAX : (8252)238-9219

    4th FACTORY

    #20-1., Sung Am-Dong, Nam-Gu, Ulsan,KoreaTEL : (8252)228-5801, FAX(8252)228-5989

    #20-1., Sung Am-Dong, Nam-Gu, Ulsan,KoreaTEL : (8252)228-5801, FAX(8252)228-5989

    HEAD OFFICE & MAIN FACTORY

    2.2.2.2. LOCATIONLOCATIONLOCATIONLOCATION

    4

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    Head Office &

    Main FactoryOnsan Port

    Ulsan Port

    3rd Factory

    Machine Shop

    2

    nd

    Factory(With Jetty)

    >> Location Map

    5

    4th

    Factory

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    1988 : Company name changed to SungJin Machinery Co., Ltd

    2001 : Company renamed to SungJin Geotec Co., Ltd

    with a goal to become one of the leading companies in the field

    of Energy-oriented business in the world.

    - Creative*C

    - Technology*T

    - Energy*E

    - Global, Land, Worldwide*GEO

    SungJin to create technology and energy toward all over the world

    SUNGJIN GEOTEC CO., LTD.

    1982 : Yu-Young Machinery established

    3. PROFILE

    6

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    SungJin

    Geotec Co., Ltd

    Industrial Plant

    Division

    Steel Tower Division

    Power & Energy

    Division

    Marine & Offshore

    Division

    Angle Type (345KVA)Pipe Type (765KVA)

    Heat exchanger / Helixchanger

    Separator

    Pressure vessel

    Tower & ReactorConverter

    Spherical Tank

    HRSG, Steam Drum, Pipe Spool

    Offshore Module & Structure

    Hull Block & Structure

    4. BUSINESS LINES

    7

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    Unit : US DOLLAR

    0.32

    0.41

    0.02

    255%

    28.23%

    94,224,000

    2003

    0.057.33Ordinary Income

    Per Share

    210%142%Debt to Equity Ratio

    0.414.16(Par Value Capital

    Stock)

    0.09%

    32.17%

    87,709,710

    2002

    10.03%Ratio of Net Income

    41.22%Ratio of Net Worth

    93,673,000Annual Turn-over

    Remarks2001Year

    Items

    5. FINANCIAL STATUS

    8

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    AdminDept.

    Accounting

    Dept.

    P.M Dept.

    MFG Dept.

    P.M Dept.

    MFG Dept. MFG Dept. MFG Dept.

    Q.A, Q.C Dept.

    Purchasing Dept.

    Engg Dept.

    Senior Executive

    Vice-President

    Senior ExecutiveVice-President

    President & CEOPresident & CEO

    Power & Energy

    Div.

    Power & Energy

    Div.Industrial Plant

    Div.

    Industrial Plant

    Div.Marine &

    Offshore Div.

    Marine &

    Offshore Div. Steel Tower Div.Steel Tower Div.

    P.M Dept. P.M Dept.

    6. ORGANIZATION & MAN POWERS

    9

    H. S. E

    Marketing

    & Sales

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    >> Man-Powers

    10

    6511102123InspectorsQuality Control

    425

    17TIG140FCAW42TIG19GTAW

    Welders

    Work

    Shop

    TOTAL

    Sub -Total

    Production

    Control

    Procurement

    Design

    Sales

    Administration

    Head Forming/Line Heating

    Supporter

    Utility

    Machining& Assy

    Fitter

    P.M

    Engineers

    Draft Man

    Engineers

    113

    113

    9

    23

    10

    9

    9

    12

    18

    Officer

    Industrial Plant Div.

    287

    27

    25

    22

    43

    58

    FCAW

    SMAW

    SAW

    Worker

    28

    50

    15

    84

    84

    6

    10

    10

    8

    10

    4

    15

    Officer

    Power & Energy Div.

    271

    13

    24

    30

    41

    50

    FCAW

    SMAW

    SAW

    Worker

    25

    31

    15

    31

    31

    3

    10

    2

    6

    Officer

    Marine & Offshore Div.TOTAL

    1,233

    65

    81

    85

    122

    187

    268

    20

    49

    26

    21

    23

    20

    44

    4

    4

    6

    6

    2

    2

    25SMAWSMAW

    18SAWSAW

    40

    5

    WorkerOfficerWorker

    9540312

    527

    1028

    GRAVITY

    25

    825

    1267

    Steel Tower Div.

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    7. YARD FACILITY

    11

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    8. MANUFACTURING CAPACITY

    INDUSTRIAL PLANT

    DIV.

    12

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    >> MANUFACTURING CAPACITY

    POWER & ENERGY DIV.

    13

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    >> MANUFACTURING CAPACITY

    MARINE & OFFSHORE DIV.

    14

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    9. MANUFACTURING EQUIPMENT & FACILITIES

    Press

    15

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    >> MANUFACTURING FACILITIES

    Bending Machine

    16

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    >> MANUFACTURING FACILITIES

    Plate Bending Roller

    17

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    >> MANUFACTURING FACILITIES

    Drilling Machine

    18

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    >> MANUFACTURING FACILITIES

    Furnace

    Crane

    19

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    >> MANUFACTURING FACILITIES

    Loading Facility

    20

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    Load-out Jetty Capacity

    1m

    CROSS SECTION

    23m

    20.3m

    20m

    5m5m

    1

    .5m

    m 3m

    m

    ROAD

    >> MANUFACTURING FACILITIES

    In House Jetty Section

    21

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    10. QUALITY CONTROL

    22

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    11. CERTIFICATES

    23

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    Equipment : Converter

    >> PERFORMANCE RECORD

    24

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    Equipment : Heat Exchanger

    >> PERFORMANCE RECORD

    25

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    Equipment : Heat Exchanger

    >> PERFORMANCE RECORD

    26

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    Equipment : Crystallizer

    >> PERFORMANCE RECORD

    27

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    Equipment : Tower

    >> PERFORMANCE RECORD

    28

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    Equipment : Tower

    >> PERFORMANCE RECORD

    29

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    Equipment : Helixchanger

    >> PERFORMANCE RECORD

    30

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    Equipment : Adsorber (PSA Unit)

    >> PERFORMANCE RECORD

    31

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    Equipment : Tower & Reactor

    >> PERFORMANCE RECORD

    32

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    Equipment : Separator, H/Exchanger,

    Scrubber, Drum

    >> PERFORMANCE RECORD

    33

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    Equipment : Separator, H/Exchanger,

    Scrubber, Drum

    >> PERFORMANCE RECORD

    34

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    Equipment : Tower, Pressure Vessel

    >> PERFORMANCE RECORD

    35

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    Equipment : TEG/MEG Package

    >> PERFORMANCE RECORD

    36

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    Equipment : TEG Package

    >> PERFORMANCE RECORD

    37

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    Equipment : Test Separator Skid

    >> PERFORMANCE RECORD

    38

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    Equipment : Manifold

    >> PERFORMANCE RECORD

    39

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    Equipment : Heat Recovery Steam Generator

    >> PERFORMANCE RECORD

    40

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    Equipment : Steam Drum for HRSG

    >> PERFORMANCE RECORD

    41

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    42

    >> PERFORMANCE RECORD ( ONGOING PROJECT)

    Equipment : Evaporator

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    Equipment : FURNANCE

    >> PERFORMANCE RECORD

    43

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    ASME / VIII (U-Stamp)64T 3,048 12,650L (516-70N)12North NembaDHI2000

    ASME / VIII26T 2,100 9,350L (516-70)28KPI ProjectMHI2000

    ASME / VIII (U-Stamp)16"XSCH80X 2100L (A106-B)10Malampaya ProjectMHI2000

    BS-550028T 2,480 5,600L (A240-304L)33Seraya-2 ProjectABB2000

    QTY REMARKSMAJ OR SPEC. OF SAMPLE ITEMPLANT(PROJ ECT)CUSTOMERYEAR

    12. EXPERIENCE LIST

    1-1.PRESSURE VESSEL

    44

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    1-2.PRESSURE VESSEL

    >> EXPERIENCE LIST

    45

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    >> EXPERIENCE LIST

    1-3.PRESSURE VESSEL

    46

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    >> EXPERIENCE LIST

    2. TOWER

    47

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    >> EXPERIENCE LIST

    3-1. HEAT EXCHANGER

    48

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    TEMA RSA249-316L1,626 6,100L (A516-70=904L)H-BEU/CEU52004

    TEMA RA1791,545 4,494L (SA516-70)CEU/NEN26RelianceBechtel2004

    BFU

    BKU/AEM

    1,460 4,880L (SA516-60N)

    1,750 8,000L (SA516-70N) TEMA RA240-316L8SongkhlaTrans Thai2004

    TEMA R

    (U Stamp)SA213-316L8Dalia FPSOTotal E & P2004

    >> EXPERIENCE LIST

    3-2. HEAT EXCHANGER

    49

    4. SPHERICAL TANKS

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    >> EXPERIENCE LIST

    5. SKID MODULES

    50

    EXPERIENCE LIST

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    >> EXPERIENCE LIST

    6-1. H.R.S.G

    51

    EXPERIENCE LIST

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    >> EXPERIENCE LIST

    6-2. H.R.S.G

    52

    >> EXPERIENCE LIST

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    >> EXPERIENCE LIST

    6-3. H.R.S.G

    53

    >> EXPERIENCE LIST

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    7. EVAPORATOR

    >> EXPERIENCE LIST

    6-4. H.R.S.G

    54