[Asia Economy Reporter Park Hyungsoo] Woojin's stock price is on the rise. The news that the largest nuclear power plant in Europe, located in Zaporizhzhia Oblast in southeastern Ukraine, caught fire due to an attack by Russian forces appears to be influencing the stock price. Stocks that gained attention during the Japanese nuclear power plant incident, such as Daejeong Hwageum and Daebong LS, are all showing strong performance.
As of 10:10 AM on the 4th, Woojin is trading at 11,200 KRW, up 16.91% from the previous day.
According to major foreign media, Dmytro Orlov, mayor of Enerhodar city in Zaporizhzhia Oblast, announced via Telegram that a fire broke out at the Zaporizhzhia nuclear power plant due to a Russian military attack early that morning. The Zaporizhzhia nuclear power plant is a large-scale facility housing 6 of the 15 reactors operating in Ukraine. The Ukrainian Foreign Minister expressed concern that if the Zaporizhzhia plant, the largest in Europe, were to explode, the damage would be ten times greater than that of Chernobyl.
Woojin is promoting the commercialization of radioactive contamination incineration ash decontamination technology. Using technology that decontaminates incineration ash contaminated with radioactive cesium, they are developing a plant-type large-capacity commercial decontamination facility designed to decontaminate, purify, and reduce the volume of ash generated after incinerating waste contaminated by the environmental radioactive disaster caused by the Fukushima nuclear accident in Japan, while minimizing radiation exposure to workers. Using a mobile small-scale decontamination facility located in Soma City, Fukushima Prefecture, Japan, the technology has been confirmed to have excellent performance by the Japanese government and decontamination project stakeholders. They are addressing and resolving requested improvements related to continuous operation of the decontamination facility, decontamination processing capacity, and safety issues concerning radiation exposure to workers. Through on-site demonstration of large-capacity incineration ash decontamination facilities in Japan, they plan to secure globally certified decontamination technology. Based on the Japanese radioactive contamination incineration ash decontamination facility technology, they expect increased exports through the development and supply of radioactive contamination soil decontamination facilities in the future.
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