RIST

BHI made a technical transfer agreement for the design and operation technology of the ‘Natural Circulation Heating System’ with RIST in Mach 2004. RIST(Research Institute of Industrial Science & Technology), located in Pohang, is one of the largest civil research institutes in Korea, and it possesses about 350 researchers with the best technical capability in various advanced devices, the environmental energy field, and related areas. The ‘Natural Circulation Heating System’ can achieve high heat-transfer performance even with a low differential of temperature. It can be operated by a natural circulation principle without electric power, and it’s easy to maintain. Thus it can be applied in a wide range of applications, such as recovery of heat discharged from various industry processes, reuse of exhaust heat in buildings, energy reduction in agro-fishery industries, and alternative energy sources. BHI is applying the ‘Natural Circulation Heating System’ for the development of future recycling energy sources as well as improvement of existing product performances, in order to achieve technology differentiation from competitors.

Energy Management Corporation

In December 2004, with the support of KEMCO (Korea Energy Management Corporation) the representative energy institute in Korea, BHI made an agreement with RIST(Research Institution of Industrial Science and Tech) for the . The goal of the PJT is to find the optimum design that minimizes the design margin by common use of a heat exchanger suitable for Korean geological circumstance.

IST

BHI signed a license agreement with IST (Innovative Steam Technologies), Canada for OTSG (Once Through Steam Generator) in May, 2007. By developing and importing new advanced technology as such, BHI gained competitiveness advantage over competitors.