Daekyung Machinery & Engineering Co.

Daekyung Machinery & Engineering Co. Ltd is a Korea-based company engaged in the development of environmental systems and manufacturing of equipment for chemical plants. The Company has two main categories of products: equipment for chemical plants, including heat exchangers, pressure vessels, reactors, columns and towers, and equipment for energy plants, including heat recovery steam generators, water tube boilers and waste heat boilers for combined cycle power plants, generation power plants and industrial and utility plants. During the year ended December 31, 2007, the Company had a production capacity of 26,520 tons of heat exchangers and its actual output was 26,455 tons of heat exchangers. In 2007, heat exchangers accounted for approximately 84% of total sales. The Company's headquarters are located in Ulsan.