Tokyo, Japan - September 10, 2012

Yokogawa Wins Control System Order for First IGCC Power Plant in Korea

Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea Co., Ltd., has won an order from Doosan Heavy Industries & Construction Co., Ltd. to supply a control system for an integrated gasification combined cycle (IGCC) plant. This is the first IGCC plant in South Korea and it is being constructed in Taean, South Chungcheong Province, by Korea Western Power Co., Ltd., a subsidiary of Korea Electric Power Corporation (KEPCO).

This IGCC power plant will have a total output of 300 MW. Following a commissioning period that will commence in December 2015, the plant will begin commercial operation. This order is for the CENTUM® VP integrated production control system, which will control the gasification section, a core plant facility. This order also includes the ProSafe-RS® safety instrumented system, which will be used to shut down the gasification section safely in the event of an emergency. Both systems will be delivered in December 2013.

IGCC is a promising next-generation power technology that relies on high temperature and pressure to convert coal to synthesis gas (syngas) for use in gas turbine generators. The exhaust from the turbines is sent to boilers to generate steam, and additional power is generated by steam turbines. This type of plant is thus more efficient than a conventional coal-fired power plant.

Yokogawa Electric Korea was able to win this order because of the high reliability of Yokogawa’s control systems and its excellent engineering capabilities. Founded in 1978, Yokogawa Electric Korea has been offering highly reliable solutions to customers for over 30 years, and has become a top manufacturer of control systems and sensors in its home market. It established a power plant department in 2008 that has been actively promoting sales in the power market. Encouraged by the success in winning this order, Yokogawa will expand this business by offering appropriate solutions to developers of innovative technologies that generate power more efficiently and have less of an impact on the environment.

About Yokogawa

Yokogawa's global network of 90 companies spans 55 countries. Founded in 1915, the US$4 billion company conducts cutting-edge research and innovation. Yokogawa is engaged in the industrial automation and control (IA), test and measurement, and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp and paper, pharmaceuticals, and food. For more information about Yokogawa, please visit the website www.yokogawa.com