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Hanjin Group will Pioneer theSpace Logistics Market

November 27, 2025 by Leave a Comment
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Hanjin Group announced a new vision on its 80th anniversary
“Hanjin is the history of Korea’s growth”
A major innovation in AI-based logistics technology
“Satellite recovery market to open”
Seven new strategies announced to lead the future
K-UAM to participate in the Arctic Sea Route Project

Hanjin Group, celebrating its 80th anniversary, declared a new leap forward toward its next 100 years, upholding its management philosophy of ‘patriotic service through transportation.’ The group announced its vision, transforming into a comprehensive mobility company encompassing aerospace and future mobility. Its strategy is to innovate its logistics service through artificial intelligence (AI) and digital technology and establish space logistics solutions to become the world’s leading comprehensive logistics company.

First, its core affiliate, Korean Air, will advance beyond the boundaries of aviation and become a comprehensive mobility company encompassing aerospace, future mobility, and e-commerce. It plans to grow into a global top-tier airline by expanding its global network and prioritizing safety through the synergy coming from last year’s merger with Asiana Airlines.
Hanjin, a logistics affiliate, is leading AI-based logistics technology innovation. Furthermore, the company plans to open a new era of logistics by actively participating in the commercialization of the Northern Sea Route (NSR) to expand its global supply chain and growing its direct delivery system to China.
Hanjin Group — leveraging its 50 years of technological prowess in developing drones, aircraft, and space launch vehicles — plans to lead the urban air mobility (UAM) and air mobility markets. In particular, it plans to become a key player in the future mobility era by participating in the K-UAM project, aiming to commercialize in 2029.

The group is also entering the space logistics industry in full-scale. Chairman Cho stated, “The logistics market for satellite recovery will open before space tourism, which will transport humans to Mars. Space logistics will present a new opportunity.”

 
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Due to Business Restructuring, the Petrochemical Industry is in a Slump

November 27, 2025 by Leave a Comment
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Petrochemical companies undergo restructuring, including selling core assets.
Japan underwent restructuring in the 2000s.
Korean petrochemical companies’ profitability continues to worsen.

The petrochemical industry in structural stagnation faces credit rating risks spreading across the industry, depending on the direction of business restructuring.
The petrochemical industry, suffering from both decreased profitability and financial burdens due to the prolonged recession, is thus undergoing large-scale, government-led restructuring.

Major petrochemical companies recently signed contracts for business restructuring and agreed to present specific plans by the end of the year, aiming to achieve the reduction of up to 3.7 million tons of NCCs proposed by the government.
In Korea’s three major petrochemical industrial complexes — Yeosu, Daesan, and Ulsan — discussions are underway on vertical integration with refineries, and horizontal integration between adjacent NCCs.

Compared to Japanese petrochemical companies, which underwent industrial restructuring earlier, Korea’s profitability is unfortunately deteriorating.
In 2023 alone, Korea’s petrochemical companies’ operating profit margin reached 2.5%, surpassing the 1.8% margins of eight Japanese petrochemical companies, including Eneos and Mitsubishi Chemical. However, last year Japan surpassed Korea with an operating profit margin of 3.7%.


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Hyundai Motors Overtakes Toyota in TIME Magazine’s Rankings

November 27, 2025 by Leave a Comment
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Ranked Asia’s No. 1 automaker
“Sales sustainability is excellent
and this future vehicle growth engine is robust.”

Hyundai Motors was ranked 33rd globally, getting ahead of Toyota (48th) and taking Asia’s No. 1 position in TIME magazine’s ‘World’s Best Companies 2025.”
TIME considers companies’ performance over the past three years as key evaluation criteria. Hyundai Motors’ sales grew by 23% from KRW 142 trillion in 2022 to KRW 175 trillion last year, demonstrating significant growth. Meanwhile, its operating profit increased by 45% from KRW 9.8 trillion to KRW 14.2 trillion over the same period.

Despite concerns about the impact of U.S. tariffs that began late last year, the electric vehicle (EV) chasm (temporary stagnation in demand), and the pursuit of Chinese competitors, Hyundai Motors’ steadily recovered performance strategy with increased sales of high-value-added products has worked. It read industry shifts in advance and has responded to the crisis by significantly increasing the proportion of hybrid cars, high-value-added sports utility vehicles (SUVs), and Genesis, its luxury brand.
Hyundai Motors is pursuing a 100% renewable energy transition (RE100) across all establishments, in line with its vision of achieving carbon neutrality by 2045, by signing large-scale renewable energy purchase contracts in Korea, the USA, and India.

Hyundai Motors has clearly shown improvement as it is consistently highly ranked, rising from 151st place in 2023, when TIME began evaluating the world’s 1,000 Best Companies, to 192nd in 2024, and to 33rd this year. This year, it has risen 159 places within just one year compared to last year. On the other hand, Toyota has shown significant fluctuations, from ranking 329th in 2023, to no ranking in 2024, and then ranking 48th this year.


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Cleaners

October 29, 2025 by Leave a Comment
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Component Cleaners
Hanshintech’s turntable-type cleaning machine offers exceptional cleaning efficiency, even for complex shapes and porous parts. This equipment integrates cleaning, drying, and drainage processes into a single system, enabling automation. It is particularly utilized for cleaning precision components across diverse fields such as semiconductors, precision electronics, molds, and medical devices.

The integrated ultrasonic cleaner is a compact ultrasonic cleaner boasting high durability and a space-efficient design. This product is also used for precision component cleaning across a wide range of industries including semiconductors, biotechnology, aerospace, and shipbuilding.

Hanshintech also manufactures specialized cleaning equipment developed for specific applications as follows:
Automatic cleaner is dedicated equipment for diamond tools, enhancing the quality and durability of machined parts through uniform cleaning capability.
Foldable phone cleaner is dedicated for displays and optical sensors and can also be applied to cleaning military-grade precision optical modules.
Secondary battery case cleaner supports continuous cleaning lines for large-capacity battery cases and contributes to the production of shipboard energy-storage devices.
Automotive parts ultrasonic cleaner uses high-power ultrasonic waves to effectively remove grease and fine contaminants from parts, and is also specialized for military vehicle engine components. Automated ultrasonic cleaner for mass component cleaning is a conveyor-based system, enabling the continuous and efficient cleaning of components for naval vessel equipment.

Hanshintech provides customized cleaning solutions capable of thoroughly cleaning even very tiny gaps that be created during precision component manufacturing processes in diverse industries such as semiconductors, biotechnology, precision electronics, molds, medical devices, aerospace, shipbuilding, defense(military), and robotics. By going beyond simple equipment supply, the company acts as a process optimization partner for customers, simultaneously achieving higher production efficiency and quality.
 
 
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Customized High-Efficiency Transformers

October 29, 2025 by Leave a Comment
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Daekwang Transformer Co., Ltd. is a trusted Korean manufacturer of oil-filled, distribution, and power transformers with over 30 years of experience. Nowadays, the company is an approved supplier to Korea Electric Power Corporation (KEPCO) and LS ELECTRIC, providing pole-mounted, pad-mounted and custom-designed transformers to both domestic and international clients.
The maker’s products have been successfully exported to countries such as Nigeria, the Philippines, and New Zealand. The manufacturer has earned an excellent reputation for quality, durability, and competitive pricing through OEM supply to the United States and Canada. It is actively expanding into the North American market, while also strengthening its presence in Central & South America and Africa. The firm is currently seeking new partnerships in these regions.
Equipped with long-accumulated production know-how, the manufacturer is actively exploring overseas markets. Accordingly, it is ready to satisfy intricate requirements from foreign buyers, and is focusing its efforts on developing a variety of high-efficiency transformers.

Distribution Transformers
With a capacity of up to 5,000kVA, the maker’s distribution transformers convert high-voltage electricity transmitted from power plants into low-voltage electricity for homes, factories, and commercial facilities. The manufacturer aims to design and manufacture transformers featuring high efficiency, low noise, and low power loss.

Power Transformers
The company’s power transformers are suitable for power plants, substations, and large-scale transmission networks. With a maximum capacity of up to 30MVA, they are typically installed in large facilities or substations and power stations. Putting prime emphasis on supplying reliable high-efficiency transformers, the maker provides optimized, customized designs tailored to meet the specific power requirements of each country.


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Competitive Expansion Tanks and Rubber Bladders

October 29, 2025 by Leave a Comment
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Based on its rubber parts production experience accumulated over 40 years, Shinchang Industry Co., Ltd. has successfully become a reliable, low-cost supplier of customized high-quality boiler- and small-engine components. Currently, the company is operating facilities for rubber and press parts to meet the various needs of its clients in both domestic and overseas markets.
In particular, Shinchang’s one-stop production solution for expansion tanks is a key tool to reduce production costs. The manufacturer has firmly established a quality-control system based on over 30 years experience in the export business partnering with numerous global enterprises in Japan and the United States. Shinchang is also supplying diverse products to a number of leading corporates in the Korean domestic market.

Expansion Tanks
Ranging in capacity from 0.3 to 20 litters, Shinchang Industry’s expansion tanks are specially designed to effectively absorb the increased pressure and expanded volume within tanks, boilers and pipelines of heating systems, thereby protecting the pipelines and relevant facilities.
When operating boilers, the pressure and volume of the heating water within pipelines can be sharply expanded, causing breakages of the equipment. However, Shinchang’s expansion tanks installed within the pipelines of the equipment can effectively offset the volume expansion. Since they also can be installed regardless of location, including machine rooms of building basements and rooftops, the users can enjoy maximum space efficiency. In addition, the product allows for direct installation on the equipment itself if necessary.

Rubber Bladders and Diaphragms
Installed within tanks, the firm’s rubber bladders effectively separate air from water and absorb the sharp pressure changes. So, they help to maintain operational stability of the equipment. Diaphragms of the Shinchang are made of butyl rubber and can be used as a rubber membrane for expansion tanks.

Under the motto of “Quality means everything,” Shinchang Industry strictly controls product-quality in accordance with IATF16949 and TS16949 certifications.

 
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Engineering Plastics

October 29, 2025 by Leave a Comment
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HITECH Materials Co., Ltd. specializes in high-performance engineering plastic compounds.
HITECH Materials specializes in conductive plastics, which are essential for manufacturing components and products in advanced industries such as semiconductors, displays, electronics, energy, and automotive.
HITECH Materials has adopted international quality and environmental management systems, including ISO9001/ISO14001, and pursues value as a global company by providing the best solutions through technological and cost competitiveness.

mPPO, Engineering Plastics
Modified Polyphenylene Oxide (mPPO), one of the five major engineering plastics, is a resin with excellent heat resistance, electrical properties, and thermal stability. mPPO is widely used in electrical and electronic products, and HITECH Materials’ products are primarily used for IC tray production due to their conductivity.

Ensuring Outstanding Cost Reduction
HITECH Materials’ proprietary technology maximizes production efficiency and utilizes top-quality recycled raw materials to deliver exceptional properties at reasonable prices. This directly leads to reduced production costs for its customers’ final products, playing a crucial role in securing a competitive edge in the market.

Supplying customized Solutions
HITECH Materials manufactures optimal custom plastics tailored to its customers’ unique application and performance requirements. It also addresses requirements such as surface resistance, volume resistivity, and frictional voltage, which are essential considerations for preventing damage to IC chips caused by static electricity.
With outstanding heat resistance, chemical resistance, and mechanical strength, its products deliver reliable performance even in extreme environments.

The company’s CEO emphasized, “Our mPPO is the optimal partner for our customers’ successful business. We will add new value to our customers’ products with innovative materials and work together to achieve sustainable growth.”

  
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Gas Springs

October 29, 2025 by Leave a Comment
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Founded in 2009, G&S KOREA is a specialized manufacturer of gas springs and gas struts with 16 years of experience.
The company produces a wide range of products, including gas springs, damper springs, safety locks, and traction springs. Based on rod and tube diameters, the company offers product sizes including Ø6×15, Ø8×18, Ø10×22, Ø12.5×27.4, and Ø14×27.4.
The company’s products offer operating forces ranging from 20N to 2,000N, and maximum lengths from 100mm to 1,500mm. Furthermore, G&S KOREA can manufacture products considering operating forces, maximum lengths, end fittings, and brackets ― according to customer needs, providing optimized solutions for diverse environments and applications.

High-Level Customized Manufacturing Capabilities
G&S KOREA primarily produces gas springs for automotive and furniture applications.
In particular, G&S KOREA possesses customized manufacturing capabilities to meet the diverse needs of its customers. In addition to ready-made products, it can design and produce products tailored to customers’ specifications. This allows it to provide optimized products tailored to customer needs, even for small orders.

Establishing a Multi-Variety, Small-Quantity Production System
G&S KOREA also operates a flexible, multi-variety, small-quantity production system, allowing it to operate without a fixed product lineup. Because it does not rely on fixed molds or mass production systems, it can quickly respond to market changes and customer demands with a variety of products.
This on-demand manufacturing-based process minimizes unnecessary inventory while maintaining stable and consistent quality even in small-quantity production.

Rapid Delivery Response
One of G&S KOREA’s greatest strengths is its rapid delivery response. Even when urgent delivery requests arise, G&S KOREA has a system in place to handle everything from material procurement to production and shipment. It can also adjust production schedules by utilizing idle facilities.
This system ensures reliable delivery and builds trust with customers, thereby leading to long-term partnerships.

 
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Coolers for Die-casting Molds

October 29, 2025 by Leave a Comment
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WONJIN Industry Co. specializes in manufacturing coolers for die-casting molds based on decades of experience and accumulated technology through a spirit of constant challenge.
By applying stringent quality control and the best R&D capabilities, WONJIN Industry has obtained product patents and ISO9001,4001 certification, and established a department dedicated to R&D in order to enhance existing processes, improve product functions, and develop new products.

Die-Casting Cooler
WONJIN’s die-casting coolers are not just simple parts, but rather a critical component of a die-casting mold’s cooling system, meticulously considered from the design phase to enhance overall performance.
They are engineered to enhance work efficiency by facilitating the circulation of cooling fluid inside the mold. This leads to improved quality control, thereby significantly reducing the defect rate of the final product and boosting overall productivity.
WONJIN’s products are known for their exceptional durability and reliability, thus ensuring consistent, trouble-free operation with minimal need for maintenance or after-sales service. Despite this superior quality and performance, its coolers are offered at highly competitive prices, providing outstanding value to its partners.

Core Pins
WONJIN’s core pins are not merely component ― they are essential for creating the precise inner diameters of die-casting mold holes. The company goes beyond simple part-formation by applying proprietary technology that effectively vents accumulated gas during the molding process.
This innovation directly leads to a significant reduction in product defects and a dramatic increase in productivity.
By preventing issues like gas bubbles and incomplete filling, WONJIN’s core pins help users achieve a near-perfect final product.
By choosing its core pins, you can enhance process stability, ultimately lower your manufacturing costs, and consistently manufacture products of outstanding quality.

Inserts
WONJIN’s inserts are essential components for achieving complex or specific shapes in die-casting molds. They provide a perfect solution for situations where design changes are needed after the main mold has been created, or when a product’s dimensions are too intricate for a single mold.
Instead of re-engineering or re-machining the entire mold, WONJIN’s inserts offer a flexible and efficient way to add specific features. This saves significant time and cost while ensuring the highest level of precision.
By using WONJIN’s inserts, you can increase the versatility of your molds, produce complex designs with confidence, and elevate the overall quality of your final products.

 
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Split Roller Bearing

October 29, 2025 by Leave a Comment
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HKT Bearings Ltd. is a leading manufacturer specializing in split bearings, providing high-performance solutions for demanding industrial applications.
Leveraging decades of expertise and innovation, HKT Bearing designs and manufactures a wide range of large and special bearings: split bearings for steel mills; split bearings for cement and mining equipment; bearings for power-generation equipment in power plants; and bearings for secondary-battery manufacturing equipment.
HKT Bearings’ products are designed for durability, precision, and reliability ― even in extreme environments ― and meet the rigorous standards of global industries.

Contributing to Significant Reduction in Installation Costs
Installation of HKT Bearings’ split roller bearing leads to the reduction of machinery and plant downtime, resulting in significantly lower installation costs.
In many cases, the bearings can also save considerable costs in new construction since they simplify the assembly process and facilitate installation.
Complicated replacement procedures ― such as pulling gears and couplings, dismounting drives, or stripping line shafting― are major causes of equipment downtime.

In applications for the mining and processing industry, where the replacement of a solid spherical roller bearing would require such procedures, the company’s roller bearings can be used instead.
Clients can enjoy such various benefits by using the bearings as rapid bearing replacement, with a very simple mounting procedure, thus saving the cost of uninstalling drive components, saving the disassembling of shafting, saving the shaft alignment, reducing downtime, and thereby increasing profitability.

“With our decades of expertise and innovation, we design and produce a wide range of large and specialized bearings tailored for split bearings for the steel industry; split bearings for cement/mining; bearings for power generation; and bearings for secondary battery manufacturing,” explained the company’s CEO.


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