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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Shinwon MS to put more innovative steel gratings on the world market

[INQ. NO. 1501M15] “We are specialized in developing and manufacturing much lighter and stronger steel gratings than competitors’ ones. With more than 22 years of technical know-how and experience, we have been developing and manufacturing high-quality steel grating which has light and strong design to prevent damage under the heavy and severe conditions. Our steel gratings are very innovative products and they obtained the PCT international patent for the Manufacturing Method of Grating in 2013, ensuring longer life time with durable structures. All of our steel gratings are the best solution for the walkways of ships and power plants and for the cover of ditches in the street,” said the company’s president Kwon Hyug-myung.

shinwonhttps://korean-machinery.com///inquiry Since its establishment in 1993, Shinwon MS has focused its efforts on the production of press die tool sets for electronic products like LCDs, LEDs and PDPs and automotive parts such as radiators. Based on its long-accumulated technologies in the press die fields, the company has recently put on the market internationally-patented steel gratings.

Highly reputed for its cutting-edge technologies in the press die fields, Shinwon MS has supplied its products to internationally renowned companies such as Samsung Electronics and Delphi. The company can meet any intricate small orders for diverse items with a shortest delivery lead time.

shinwon_1 It has recently entered the limelight by releasing world’s first steel gratings that completely solve shortcomings of previous products. With ISO 9001 international certification, Shinwon has acquired international patents for the designs and production technologies related to its new steel gratings and trenches.

Shinwon MS’s embossing type steel gratings have a one-body steel frame, compared with ordinary welded metal bar gratings. So, they are light and extremely strong, almost free from deformation and rupture.

With sharply reduced welding spots, they are far more price-competitive than existing products. They have much more refined design and are equipped with anti-pilferage and swing-type opening/closing devices.

shinwon_2 Having embossed protuberances, they offer antislip function. Their built-in elastic plates provide noisepreventing effects. Shinwon MS’s embossing steel grating is the right solution for the walkway and platform of shipbuilding, drilling ship, shipping, ports, wash bay and power plant and for the covers of ditches in the street.

Armed with technological know-how accumulated over the past 22 years, Shinwon MS has actively supplied press die tool sets for electronic products, such as LEDs, LCDs and PDPs, and automotive parts both at home and abroad. Among its major customers are Samsung Electronics, Delphi Inida, ATA TOYO India and VISTEON India.

As part of efforts to massively promote its advanced solutions globally, in 2014, Shinwon MS exhibited various kinds of its potential flagship steel grating products before visitors at the 20th Seoul Int’l Building Material +Decoration Fair held on Jan. 23 to 26 last year, drawing much interest from them. At that time, overseas buyers – especially from the Middle East, Russia, Mongolia, and Japan – showed keen attention. shinwon_3

Moreover, Shinwon MS has participated in Germany’s SMM 2014 (International Maritime Trade Fair Hamburg) in September in the same year. Through the Germany exhibition, Shinwon MS performed successful consultations with more than 50 overseas buyers in the field of offshore plant from foreign countries including Germany, Russia, Poland, Turkey, Colombia, Australia, United Kingdom, etc., won a sample order from a Colombian buyer, and actually recorded a successful sample export to the partner.

President Kwon promises he will contribute to the steady development of global water and sewage system industry with the company’s superior quality of steel grating items.

shinwon_4

 
 
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Halla Industry has grown into one of Korea’s leading auto part makers

[INQ. NO. 1501M19] Halla Industry specializes in auto parts ranging from steel press-forming, processing, injection molding and assembly of finished products. Halla Industry was founded in 1978 with accumulated know-how and expertise in the field more than 35 years before. Based on those experiences, it has positioned itself as a specialty maker of automotive parts.

https://korean-machinery.com///inquiry

Started with supplying its advanced products to two domestic conglomerates – Hyundai Motor, LG Chem in 1978 and 1979, each, as one of the primary cooperative companies in Korea, Halla Industry has been continuously knocking potential overseas markets, increasing its brand awareness worldwide.

halla Halla Industry also signed a contract with the Air Force Logistics Command regarding the localization of the components. The company was also certified as one of the nation’s promising small-and medium-sized export companies by the Korean government.

Halla Industry established the affiliated R&D center, and through innovative technological developments, the company was designated as the innovative venture company, and also the “INNO-BIZ” company by the Korean government. Moreover, the company was selected as the clean workspace company, and also certified as the company that specializes in parts and materials. To increase the technological capability in collaboration with the academic field, Halla Industry also signed an agreement with Pusan National University in 2010 and Gyeongsang National University in 2010 for the industry-academic cooperation. Now various models of highly competitive automotive components including bumper parts, clip parts are steadily winning good reputation from overseas customers. The bumper parts developed and manufactured by Halla Industry cushion the damages that might be caused to trunks, vehicle doors by being attached to the places where any impact might take place. Materials are plastic, which are injection and rubber products. Products are highly endurable, and also efficient.

Halla Industry’s clip parts were manufactured with an aim to help protect the cables and wires used inside a car and also fix them to the vehicle frame. Materials used for the product are SUS, AL and rubber. The clip parts are pressed, spot-welded, processed and assembled products, which enable to fasten specific parts of the vehicle.

halla_1Halla Industry acquired numerous certifications, including the KSA 9001, ISO 9002, QS 9000, KSA 9001, ISO 9001, TS16949, and many others. Also, patents and utility models had been registered and acquired. Standards related to KS, JIS, ASTM, SAE and cooperative companies are managed to be in accordance to the each specific drawings and standards.

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Top-quality brake pads

[INQ. NO. 1501M18] Jinheung Brake was established in 1968, and has for 45years specialized in the development and manufacture of brake pads, brake shoes and linings for domestic and foreign vehicles. Through product quality and delivery service, Jinheung Brake had been recognized by customers for its on-time delivery.

Recently, the company has been exporting all kinds of auto-parts for Korean vehicles including engines, tires and batteries as the new business sector. Through 47 years of accumulated know-how and experience, the priority of Jinheung Brake is to manufacture and supply the finest brake pads and brake shoes to customers domestically and internationally, and the ultimate goal for the company is to become the leading vendor among global manufacturers in the automobile industry.

jinheung_1https://korean-machinery.com///inquiryThe Megatron Brake Pad, developed and manufactured by Jinheung Brake especially for the Peugeot 405 model, provides quick and smooth braking, with low noise and dust. The products are manufactured domestically through Jinheung Brake technology, which is high quality and backed by the ISO / TS 16949 certification. The Megatron Brake Pad provides longer life and excellent reliability, and features quick response, smooth operation, quiet operating condition, complete quality control, sharp delivery and long life.

For safer driving, Jinheung Brake enhanced the performance of the materials considering reliability. Also, through the new technology of materials, the Megatron Brake Pad enables quiet conditions when driving, and based on QS 9001, ISO / TS 16949 System, every procedure of the manufacturing is assured by strict inspection.

jinheungJinheung Brake focuses on the innovative development of brake pads and shoes, combined with its 47 years of expertise. Through continuous development of technologies, Jinheung Brake is realizing the manufacture of top-quality and safe products for customers, and also enabling price competitiveness.

These main features have ensured customers’ longterm business relationships with the company. Products developed and manufactured by Jinheung Brake are not only distributed domestically, but also to many foreign automobile manufacturers worldwide.

Since its establishment in 1968, Jinheung Brake continued its efforts to develop new technologies for better quality and efficiency, and as a result, acquired several certifications, including the ISO / TS 16949 Certification, ISO 9001 Certification, and the QS 9000 Certification. Also, Jinheung Brake is equipped with all kinds of machineries to enable the complete self production processes of the brake pads, brake shoes and brake linings. Through the complete selfproduction process, the company offers excellent price competitiveness and quality control.

 
 
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Korea’s HVAC Products

Korea’s HVAC companies facing big challenge
from Chinese market

Korea’s HVAC (Heating, Ventilation, and Air Conditioning) industry circle sets a further aggressive aim of advancing into new potential global markets including Southeast Asia through securing high-efficiency and ecofriendly technologies, based on continuous growth in both production and export. Now, Korea is ranked the world’s No. 4 in the industry.

Korea’s-HVAC Korea’s HVAC industry circle at an early stage grasped the potential importance of the HVAC industry as one of the indispensable industries in improving both the living environment and industry production process in a global scope.

Korea has early designated the industry as one of the major growth engines leading the national economy in the global markets while encouraging the companies associated to massively invest in this industry and thus to beef up the presence of those companies in an increasingly competitive global market.

Korean companies’ timely advance into promising markets is expected to spread technological recognition in the nation into the global market, thus contributing to the increase of their awareness in global markets.

One of the current hottest issues facing Korea’s HVAC industry is the massive influx of Chinese HVAC products into Korea. The influx of Chinese HVAC products would be accelerated when the recently signed Korea-China FTA officially comes into effect. Given the current situation when the influx of the nation’s HVAC products is visualized, the ratified FTA will help acceleration of the influx of Chinese products into Korean market.

Meanwhile, the recovery of the global economy and global high attention on the green industry will positively play for Korea’s HVAC companies, which have global competitiveness, especially against Chinese competitors in terms of technology power.

Auto chillers

[INQ. NO. 1501M08] Hyundai Eng. is specialized in developing and manufacturing automatic chillers for molding machinery since its founding in 1983. Hyundai Eng. was earnest in producing of industrial chillers for 30 years as a pioneer in the Korean refrigeration industry.

https://korean-machinery.com///inquiry As a front runner of wide range of chillers, Hyundai Eng. has earned a solid reputation with substantial experience as well as accumulated technical expertise. Now Hyundai Eng. supplies quality products by faithfully meeting any demanding requirements from global customers.

Fully reflecting the buyers’ working environment, Hyundai Eng. can produce various-sized products (over 400HP), basically along with precision chillers. Hyundai Eng.’s current major items include air-cooled type chillers, water-cooled type chillers, laser-type chillers, air-type chiller series, and oil-cooled type chiller series.

Auto-chillers The auto chillers from the company are being actively used for such varied purposes as laser machinery, semiconductor machinery, processing machinery, medical instruments, chemical reaction machinery, printing equipment, food processing machinery, etc. The major current export target regions are Russia, the UK, Indonesia, the USA, and Japan. Some potential markets in Europe, South America, the Middle East, etc. are approaching the company as a new generation of growth markets.

 
 
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