Industrial enclosures

[INQ. NO. 1503M03] Established in 1999, Boxco is mainly engaged in manufacturing plastic and aluminum enclosures. It produces and distributes all-purpose electric and electronic enclosures with a good reputation at home and abroad. The maker can offer high impact and quality enclosures for low prices with high technology thanks to its cutting-edge machinery and wide experience.

https://korean-machinery.com///inquiry Currently available type is the 4x and IP67 rating enclosure. The molded hinge & latch design is easy to separate the cover from the base for printing or processing holes & cutting.

More than 400 kinds of enclosures are manufactured by the company for potential buyers and customer companies.

Industrial-enclosures

Boxco’s annual sales of $13,000,000 are based upon the fact that it guarantees a rapid and stable supply of its products through a large-scale logistics center and effective distribution channels. Customized products are available (special color, shape, size and hole drilling, etc.). Boxco succeeded in obtaining the UL certificate of the United States in June 2008, followed by acquisition of the DIN mark from Germany in 2009. This means that Boxco’s products’ quality for export to advanced markets is no longer an issue.

 
 
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Earth leakage circuit breaker

[INQ. NO. 1503M02] Dong A Electric Device has since its establishment in 1955 specialized in manufacturing various models of circuit breakers (MCCB), magnetic contactors (MC), and thermal overload relays (TOR).

https://korean-machinery.com///inquiry All of its competitive products appeal to customers with their high-quality, plus reasonable and competitive prices. Now, circuit breaker models play a role in leading the company’s advancement into attractive overseas markets. DB/DBE series are small and economical breakers that protect from fire danger and equipment damages caused by overload or a short. For this year’s overseas market promotion, it prepares complete electric types and thermal electric types that ensure excellent performance characteristics.

Earth-leakage-circuit-breaker The company’s magnetic contactor is listed for its aim for potential foreign buyers this year. It already proved its reliability in the domestic market, which is attributable to the applied manufacturing technology accumulated over the long time. Customized design according to the requirements of customers is available, with the help of international certificates. Simple wiring gives satisfaction to customers.

Based on such a performance, it has annually recorded sales of over $24 mil. in sales whilst its export amount is $1.9 mil. as of 2014. The company’s global presence reached out to nearly all continents of nations – Russia, Turkey, Egypt, Nigeria, Iraq, Kuwait, Iran, Pakistan, China, Hong Kong, Indonesia, Bangladesh, Dominican Republic, and Chile.

 
 
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Solutions of factory automation systems

[INQ. NO. 1503M01] TPC Mechatronics was founded in 1973 and since then it has opened a new era of domestic factory automation based on the company’s principles: creativity, judgment, and action. Over the past 40 years, TPC has steadily continued its growth in trade, distribution, pneumatic equipment, environmental contamination prevention, agricultural economy structure development, and vehicle rear safety warning devices.

https://korean-machinery.com///inquiry Based on the understanding of the importance in factory automation, which is a driving force for the national industry’s development, TPC has been focusing on developing factory automation systems. This allowed TPC to become the biggest pneumatic equipment manufacturer in Korea. TPC has diversified its business areas and management to continue its growth as a future-oriented company.

Solutions-of-factory-automation-systems Currently its main items include air cylinders, solenoid valves, air preparation units, Cartesian robots, linear motors, and 3D printers. The company is now called a total solution provider in the market covering from pneumatic products to motion control systems. It is engaged in producing optimized components for LCD, secondary battery, semi-conductor and automotive industries. Basically it boasts high production capacity ensuring two weeks of average lead times. With the service of all inspection, the so-called closed quality control is possible. It recently launched 3D printers for its potential business partners. The ration of its customers composed of Korea (50%, Hyundai/Kia, GM, LG Display, Samsung Electronics), China(20%, BOE, Faxcom), Japan (10%, MiSUMi, MAKINO, and others (20%, including Thai).

 
 
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Global competition in PHEV production to heat up this year

Korean companies are losing their competitiveness against those from China and Japan. After undergoing a long period of intensive restructuring, Japanese companies are putting pressure on the Korean enterprises helped by the yen’s slide. Meanwhile, Chinese companies with enhanced technical prowess are capitalizing on its huge local market to catch up with their Korean rivals.

Korea, right before the financial crisis in 1997, had been likened to nuts that are squeezed in a nutcracker, as it was losing its competitiveness between high-tech Japan and low-cost China. From this perspective, the Korean economy is now stuck in a new “nutcracker,” according to market experts recently.

Industry sources report that Japanese companies equipped with core technology and competitiveness in materials, are making a return to the global market. Japan, from the first, had a competitive edge in basic science and advanced technology, but could not fully demonstrate it because of political unrest and restructuring.

But, they have now begun full-fledged efforts to target the global market after wrapping up the restructuring process. Backed by the so-called “Abenomics,” Japanese companies now have greater competitiveness in export prices due to the government’s full support and the yen’s slide, to expand their global presence at an accelerated pace. The worlds’ third-largest economy’s shipbuilding industry is generating profits with the focus on high valueadded shipbuilding production, which demands advanced technology.

 
 
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Korea-Vietnam FTA will be beneficial for Korean exporters from a long-term perspective

Korea has recently concluded a free trade agreement (FTA) with Vietnam. The FTA is expected to ensure the wider access of Korean-made automobile parts, cosmetics, and home appliances to the notably growing market. According to official data released by the Ministry of Trade, Industry and Energy (MOTIE), Korea, thanks to the FTA, will open 94.7 percent of its import market to Vietnam, while the Southeast Asian nation will open 92.2 percent.

The Korean government said it decided to eliminate tariffs on 495 Vietnamese goods within the next 14 years. It will lift tariffs on 76 items when the deal comes into effect, which requires approval from the National Assembly. Vietnam will do away with tariffs on 200 Korean products in phases over the next two ten years.

A spokesperson of the Ministry said “Korea, according to the pact, will open its market first to Vietnam in the short term, but from the long-term perspective, the FTA will eventually help Korean businesses secure the Vietnamese consumption market.”

Vietnam will firmly play a pivotal role in the Korean exporters’ global expansion, as a strong facilitator. Vietnam will abolish tariffs currently set at 20 to 35 percent on home appliances made by Korean companies within 10 years, which will offer the products stronger competitiveness in the market.

Thanks to the popularity of K-pop and drama stars, home appliances such as TVs, refrigerators, air conditioners, and rice cookers are popular among Vietnamese consumers. Vietnamese consumers are also big fans of Korean cosmetics because they want to follow the style of Korean singers and actresses.

Tariffs of 10 to 20 percent on automobile parts will also be removed over a 15 years period, permitting Korean auto part makers to export more to the nation, which is home to production lines of global automakers. Some cargo trucks and cars will also be subject to tariffs cuts. Tariffs on tires, textile and train parts will also be lifted gradually, which will make Korean manufacturers more competitive against their Japanese rivals. The world’s third-largest economy signed an FTA with Vietnam in 2009, but maintains tariffs on these products. Korean consumers are expected to be able to buy clothing from foreign brands and tropical fruits at lower prices.

When the FTA comes into effect, about 20-type of apparels including socks, shirts, blouses, jackets and coats made in Vietnam will be imported to Korea tarifffree. Now, a 13 percent import tax is imposed on those products. Clothes are Vietnam’s second largest selling product in Korea. It is likely that prices of foreign apparel brands with factories in Vietnam, such as North Face and Uniqlo, will fall.

The Korea-Vietnam FTA is broader than the recently concluded FTA with China in terms of opening agricultural and fisheries trade. Korea will remove tariffs on Vietnamese crops and fishery products in three to five years. Import taxes on fruit like pineapples and mangoes will be abolished in 10 years. Rice, squid, cutlassfish and mackerel, which are very popular in Korea, will keep their tariff levels. Korea has been exporting chips, mobile device parts, synthetic resins, plastics and commercial vehicles while importing clothes, shoes and wood from Vietnam.

 
 
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ASEAN nations to eliminate more tariffs

Korean companies are expected to be exempted from the burden of tariffs when they export automotives and various kinds of related component products to the six major countries in ASEAN as early as next year. This is because the Korean government and ASEAN’s six nations recently agreed to massively abolish the exception items of the Korea-ASEAN free trade agreement (FTA).

The government through the summit with presidents of ASEAN held last month scored a notable accomplishment focusing on elevating the utilization of the Korea-ASEAN FTA. Korea and 10 ASEAN nations have so far been subject to the MFN, so high tariffs on Korea’s major export items including autos existed under the FTA, which was effectuated in 2009.

As much as 38 percent of low utilization of the FTA among those nations is attributable to the compromise. But, six ASEAN nations mutually agreed to eliminate the MFN. Korea was also determined to participate in such movement.

 
 
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Korea’s determination to become a member of TPP

Korea is preparing to join the Trans-Pacific Partnership (TPP) according to data recently released by the Korea International Trade Association (KITA).

According to Korea, by joining the partnership, could accomplish a 2.2 percent increase in gross domestic product by 2025. The TPP consists of 12 member countries, including the United States, Canada, Japan, Australia, New Zealand, Singapore, Chile, Peru, Brunei, Vietnam, Malaysia and Mexico.

The members account for about 37 percent of the world’s GDP and 30 percent of foreign direct investment. The agency recently released its official estimation that the TPP could help Korea be more price-competitive with longtime rival Japan.

Korea already has massive demand from the 12 TPP members for completed products worth $9 trillion and materials and parts worth $2.2 trillion, also forecasting an obvious challenge – Japan can only obviously gain many benefits from trading with TPP member countries as the nation also manufactures similar products to Korea’s.

TPP countries will not levy tariffs on materials and intermediate goods produced by each other. According to KITA, TPP members procure about 5 percent of their intermediate goods such as materials and parts from Korea and 6 percent from Japan. And this year, KITA has a positive forecast on Korean trade, with exports estimated to jump 4.3 percent to break the $600 billion mark for the first time and imports forecast to jump 5.5 percent to $557 billion.

 
 
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Re-Tech 2015

The annual international Re-Tech (Remanufacturing, Recycling, Waste-to-Energy) is Korea’s leading professional waste management and recycling technology trade fair and the only waste management and recycling technology trade fair that is officially supported by the Korean government.

re-tech_1 Re-Tech is a sustainable-growing trade exhibition sponsored by the Ministry of Environment (MOE) and Ministry of Trade, Industry and Energy (MOTIE). With this support of government, it became a gathering place for all industry professionals in Korea including government and local officials. Re-Tech 2015 will be concurrently held with an International Conference. It will be organizing by international professional institutes such as UNCRD (IPLA), ISWA, Korea Society of Waste Management, R&D Center for Valuable Recycling Korea Society of Waste Management, etc.

re-tech At least over 200 exhibitors, 15,000 industry professional visitors and 3,000 conference participants are expected to join this show. And Re- Tech 2015 will be the leading platform of Korean & Asian waste and recycling market. For this year, more than 7,000 buyers, boosted by last year’s total of 7,291(consisting of 7,165 domestic buyers and 126 buyers from 12 countries) are projected to play a big role in elevating the image of the exhibition as a businessfriendly one.

re-tech_2 • Re-Tech 2015
(Re-cycling, Remanufacturing, Energy from Waste & Biomass Technology Exhibition)
• Date:
September 2 (Wed)~4 (Fri), 2015
• Venue: Korea International Exhibition Center (KINTEX) Greater Seoul, Korea
• Hosted by: Korea Institute of Industrial Technology, R&D Center for Valuable Recycling, Korea Society of Waste Management, The Korean Institute of Resources Recycling
• Organized by: Korea Recycling Corporate Coalition, Korea Automotive Technology Institute, KR Communications
• Supported by: Ministry of Environment, Ministry of Trade, Industry and Energy, Seoul Metropolitan Government, Gyeonggi Provincial Government

 
 
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Leading-edge textile machinery

[INQ. NO. 1501M17] Over the past three decades, Samill Machinery has consistently introduced top-quality textile machinery, including stenters, post-textile processing machinery, industrial textile coating machines, coating machines, laminating machines and weight-reducing machines.

samillhttps://korean-machinery.com///inquiry With its own research and development institute, Samill Machinery has steadily released advanced textile machinery and has supplied them to domestic and foreign textile companies in Japan, China, India, Italy, Australia and the Middle East. Samill Machinery has acquired ISO 9001 and 14001 certifications and possesses international patents for its stenters and drying machines. The company has also obtained foreign certifications such as ASME’s “U” Stamp, TUV and CE.

Samill Machinery’s “Exter” stenters feature uniform heat distribution and low-noise operation under both high- and low-speed modes. Since they are designed to provide enough over feeding in processing cotton, T/C, spandex and other new synthetic fibers, they help produce more flexible and bulkier finished products. By adopting highly efficient hot wind-circulation methods, they maintain uniform interior temperatures of chambers and show sharply reduced power consumption.

samill_2 By employing high-end inverters, coating machines “Majestar” from Samill Machinery provide quick response control of tensile strength. So, they are suitable for processing new synthetic fabric and micro fabric such as “Island in the Sea.” Due to their uniform heat distribution and air-blowing, they provide extremely natural drying effects. As a result, they can meet various customer demands for processing high-end fabrics with unique touch, water-repellence and waterproofness.

The tumbler machines “Luxey” from Samill Machinery are designed to give excellent shrink-proof and explosion-proof effects to the fabrics. So, they are ideal for surface processing of high-end fabrics and treating newly developed synthetic fabrics. Their tumbling finishing improves touch and air permeability of the processed fabrics, thus bringing a modifying effect to the fabric surfaces. Employing advanced beam sensor technology, they are widely applicable for rayon, celluloid-based new materials, cotton, wool, natural fiber, knit, compound fiber and high-density fabrics.

 
 
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Advanced aerial working platforms

[INQ. NO. 1501M16] Dasan Heavy Industries has focused its energy on producing small- and medium-sized cranes as well as various aerial working platforms, since its inauguration in 1998. Due to its constant development of new technologies, the company has been designated as an “INNO-BIZ” company by the Korean government.

dasanhttps://korean-machinery.com///inquiry Aiming at becoming a global powerhouse in the field of special cranes and aerial working platforms, Dasan Heavy Industries has placed top priority on technological innovation. The company was designated in 2003 as regular suppliers to Korean government by the Public Procurement Service.

Dasan Heavy Industries has already obtained ISO 9001 and 14001 certifications and won foreign standards for its products such as GOST-R. It possesses several patented technologies concerning horizontal maintaining systems and oil pressure devices.

The “CT-180S” aerial working platform from Dasan Heavy Industries ensures increased productivity by adopting an integrated control system featuring maximum safety and convenient control. It is suitable for various works like building maintenance and installation of signboards. With a small swing angle of 250 degrees, it allows users to easily perform aerial works in urban areas and narrow alleyways.

dasan_1 Utilizing locally made long-wheelbase truck’s cabin chassis, the model offers a maximum working height of 18m. Its X-shaped main outrigger guarantees maximum stability with a horizontal/vertical automatic extension of 3.8m. By employing pentagonal boom and side pad-controlling device which were developed by in-house technology, the model minimizes the distortion of the boom caused by bucket rotation.

The company’s “DFM-280L” aerial working platform is designed to be mounted on a domestically made 3.5 ton truck’s long-wheelbase cabin chassis. So, the model shows great operation capacity with a maximum working height of 27.5m and a maximum working radius of 18m/300kg.f. Employing a double worm reduction system, it ensures stable swing and stop motion.

 
 
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