- Changed Company name “HyupDong” to “Hy-lok Corporation”
- Obtained API 6D Monogram
- Approved “QGPC” – Tube Fitting
- Approved Snamprogetti” – Needle, Ball Valves, Manifold Valve
- Awarded NIOC “South Pars Gas Development #2&3 Project” – Tube Fitting, Needle & Ball Valve, Manifold Valve
- Awarded Veba Oil Netherland “VEBA, Hanze F2A GBS/IPD Project” – Tube Fitting, Needle & Ball Valve, Manual Ball Valve, DBB Valve, Manifold Valve
