Business Proposal Industrial Gas Turbine Aftermarket

July 2015

Machinery & Engine Business Division

2

I. STX Business Proposal

II. HANWHA (SAMSUNG) TECHWIN & Business History

III. Work Process

IV. References

V. STX Power Plant References

VI. Conclusion

C O N T E N T S

3

Refurbishment New Parts O&M

General Repair

Life Assessment

Life Extended Repair

Reverse Engineering & Manufacturing

Assessment, Reliable Test

Outsourcing

Planned / Routine O&M

I. STX Business Proposal

STX provides reliable ‘Refurbishment Service’ and ‘ New Part Supply’ with Samsung Techwin.

Gas Turbine

Clients

Main Components of Gas Turbine (General)

I. STX Business Proposal - Refurbishment & New Parts

Compressor Section + Hot Gas Path Components (Combustion, Turbine Section )

Compressor Section

Combustion Section Turbine Section

+

Much shorter deliver time than OEM Excellent quality equivalent to OEM

Quality assurance by SAMSUNG

Quality Improvement Short Delivery Time

Competitive price level comparing

with OEM

Competitive Price

Flexible and Customized Design

according to client’s demand

Reliable Operation

Advantage of SAMSUNG TECHWIN

I. STX Business Proposal - Refurbishment & New Parts

II. HANWHA (SAMSUNG) TECHWIN & Business History

• 1977 : Establishment of Company

• 1979 : Start overhaul maintenance for J79

• 1980 : Start to manufacture aero turbine

• 1985 : Start overhaul maintenance for J85

• 1986 : Designated supplier for KFP

(Korea Fighter Program)

• 1996 : Producing T700 under License

• 2002 : Producing Engine of F110(F15-K)

• 2003 : Producing Engine of F404(T-50)

• 2012 : Joint development of T700 with GE

• 2015 : Change name to Hanwha Techwin

Main Client & Technical Licensor

Main Client

Main Client & Technical Licensor

II. HANWHA (SAMSUNG) TECHWIN & Business History

Aero Turbine for aircraft(14 models) and naval ships(4 models)

Developing Program

License Products & Overhaul service

II. HANWHA (SAMSUNG) TECHWIN & Business History

Accumulated Engine Delivery

II. HANWHA (SAMSUNG) TECHWIN & Business History

OEM Parts Business

III. Work Process - Refurbishment

Inspection & Repair

III. Work Process - New Parts Manufacturing

Development Stage

III. Work Process - New Parts Manufacturing

Development Process

Manufacturing Process (Reverse Engineering)

III. Work Process - New Parts Manufacturing

III. Work Process - Life Assessment

III. Work Process - Life Assessment

Purpose and Necessity

IV. Reference - Repair

IV. Reference - Extended Repair

IV. Reference - Manufacturing

IV. Reference - Manufacturing

V. STX Reference

On-going Project

Completed Project

(As of Jan. 2015)

STX – World Leading Power Plant EPC Company (Diesel & Gas Engine)

V. STX Reference - America

MEXICO CFE 12K80MC x 1 set 42.8MW

PANAMA SoEnergy 8L22HLX x 8 sets 11.2MW

COLOMBIA PIL 8L22HLX x 5 sets 7MW

BRAZIL EPASA

18V32/40 x 38 sets 9L32/40 x 2 sets

340MW

Aratu-1 18V32/40 x 20 sets 175MW

Ongoing Project

Completed Project

(As of Jan. 2015)

V. STX Reference – Middle East & Africa

IRAQ

MOE Phase-1 16V34HLX x 28 sets 18V28/32S x 168 sets

900MW

NRC 16V34HLX x 12 set 85MW

Hanwha E&C 18V28/32S x 5 sets 18.5MW

IRAN PTA(STPC)-Daelim 12V32/40 x 1 set 4.7MW

SUDAN

Daewoo-ITMD 12V28/32H x 2 sets 5.6MW

Daewoo-NIC 12V28/32H x 3 sets 8.1MW

Daewoo-NCTC 12V28/32H x 4 sets 10.8MW

Sudan Port Corp. 8L28/32H x 2 sets 3MW

Ongoing Project

Completed Project

(As of Jan. 2015)

V. STX Reference - Asia

BANGLADESH

CPA 12V28/32H x 1 set 2.5MW

SPGC 16V34HLX x 7 sets 54MW

SPGC 16V34HLX x 7 sets 54MW

SEL 16V34HLX x 7 sets 54MW

VERL (Gas P·P) 18V28AGS x 4 sets 24MW

MALAYSIA LAHAD DATU 12V28/32H x 1 set 16.5MW

KUDAT 12V28/32H x 2 sets 4.4MW

INDONESIA

KIDECO 7th 8L28/32H x 3 sets 5.4MW

KIDECO 8th 8L28/32H x 3 sets 5.4MW

PLN 6L28/32H x 6 sets 8.1MW

Ongoing Project

Completed Project

(As of Jan. 2015)

24

Refurbishment New Parts O&M

General Repair

Life Assessment

Life Extended Repair

Reverse Engineering & Manufacturing

Assessment, Reliable Test

Outsourcing

Planned / Routine O&M

VI. Conclusion

STX provides reliable ‘Refurbishment Service’ and ‘ New Part Supply’ with Samsung Techwin.

Gas Turbine

Clients

Dispatching

Engineers

Condition

Check

Proposal

Submission Contract

Execute

Refurbishment

Refurbishment

Receiving

Samples

Reverse

Engineering

Proposal

Submission Contract

Execute

Manufacturing

New Parts

VI. Conclusion

STX and Techwin are ready to cooperate with you!

STX Contact Point

Seoul Office

Mr. J.W. Park

(82)2-316-9890 / (82)10-2038-8322 / parkjw@onestx.com

Dubai Office

Mr. Alex Lim (LIM YONG TAEK)

(971)4-886-5154 / (971)50-181-3855 / ytlim@onestx.com

Mr. Harish Sivadasan

(971)4-886-5154 / (971)50-9038-736 / harish@onestx.com

Thank you!