Gangwon NTS Receives $20 Million Export Tower and Presidential Award for Trade Promotion Merit

Jeon Chang-yeol, CEO of Gangwon NTS, is taking a commemorative photo after receiving the highest honor, the Presidential Award, at the 2020 Meritorious Service Awards and Export Tower Ceremony. Photo by Gangwon NTS

[Asia Economy Reporter Moon Hyewon] Gangwon NTS announced on the 11th that it received the '20 Million Dollar Export Tower' and the 'Presidential Award' for Trade Promotion Merit at the 57th Trade Day '2020 Meritorious Service Awards and Export Tower' ceremony, recognizing its contribution to the development of the domestic boiler industry.

Gangwon NTS's main products are ultra-large, ultra-precision, high-efficiency flawless thermal oil boilers, which have achieved high sales in the United States, China, Hungary, Poland, Vietnam, and other countries. CEO Jeon Chang-yeol of Gangwon NTS has devoted himself to expanding domestic product sales and exports based on over 42 years of expertise in the industrial boiler field.

Thermal oil boilers feature a fully automatic system that enables precise temperature control, excellent safety due to high thermal efficiency, and fuel cost savings. Their lifespan is also semi-permanent.

They can achieve high temperatures at low pressure and have a unique structure that maintains a high thermal efficiency of over 83%. Installing an economizer can increase thermal efficiency up to 90%. Gangwon NTS's thermal oil boilers are currently exported worldwide to Southeast Asia, Europe, the United States, and other regions, demonstrating their outstanding product quality.

CEO Jeon Chang-yeol said, "This award is the result of Gangwon NTS's relentless efforts being recognized for contributing to the growth of the domestic industrial boiler industry. It is an award earned through the passion and sweat of our employees and partner companies. We will strive further in technology development to stand tall as a global top small enterprise and conquer the '30 Million Dollar Export' milestone."

This content was produced with the assistance of AI translation services.