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Korea’s Exports Continue Moving Positively

July 23, 2024 by Leave a Comment
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Korea’s exports in May increased by 11.7% year-on-year, continuing the 8th-consecutive month of trade surplus.
According to the export and import trends announced by the Ministry of Trade, Industry and Energy (MOTIE), the nation’s exports in May recorded US$ 58.15 billion.
May exports showed the highest performance in 22 months since July 2022 when exports amounted to US$ 60.24 billion.

By item, 11 out of the 15 major items increased in exports. All IT items, including semiconductors, displays, computers, and wireless communication devices, recorded positive growth for three consecutive months. The combined exports also increased for seven consecutive months.
The largest export item, semiconductors, increased by 54.5% year-on-year to US$11.38 billion, continuing the upward trend for seven consecutive months. Semiconductor monthly exports exceeded US$11 billion for the second time this year since March.
Display exports recorded the highest performance this year at US$1.63 billion in May. Displays also continued the upward trend for 10 consecutive months. Computer (SSD) exports recorded US$1.04 billion, the highest performance in 17 months since December 2022 (US$1.05 billion).
Automobile exports recorded $6.49 billion, the highest ever in May. A spokesperson for MOTIE explained, “Despite the shutdown of some domestic production facilities in May, the year-on-year increase is continuing due to the expansion of exports of hybrid cars and SUVs with high export prices.”
Ship exports more than doubled (108.4%) year-on-year to US$2.06 billion. Shipbuilding exports continued to increase for 10 consecutive months due to brisk exports of high-value-added ships ordered at high prices in 2021.
By region, exports increased to seven out of the nine major export regions. Exports to China recorded US$11.38 billion, the highest in 19 months since US$12.2 billion recorded in October 2022.
Exports to the United States recorded US$10.93 billion, the highest export performance in May ever. Meanwhile, exports to Central and South America showed the highest growth rate of 25.5% among the nine major regions.
We are about to introduce some impressive Korean export items – in line with the global environment in which Korean exporters are continuously seeking to expand their business territories in the latter half of this year – and thus to elevate their global awareness in world markets.


 
 
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Hydraulic & Non-hydraulic Attachments

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M15] POQUTEC CO., LTD. (Power Quality & Technology Co., Ltd.) is a South Koran manufacturer and producer (not a simple assembler) of the various hydraulic & non-hydraulic attachments, which are used and applied for construction & earthmoving equipment, machinery of any brands & models (backhoe loader, crane, dingo, excavator, skid steer loader, wheel loader and others) available in the international markets.

Holding various certifications
POQUTEC also holds various certifications such as AEM, ISO 9001, ISO 45001, CE, and GOST.

Hydraulic Breaker / Hammer

Characteristics of POQUTE’s Hydraulic
Hammer/Breaker

  1. Blank firing – Free system
  2. Automatic lubrication – Greasing system
  3. Dust-free of front – Cover system
  4. Fast replacement of front – Cover system
    (Only for PBS-II )
  5. Setting pressure – Checking system
  6. Under – Water operation system

Quick Coupler / Crusher / Pile Driver
These products can be manufactured according to the customer’s request from 1.0 ton to 60 tons. These products are highly durable because they are manufactured using Korean steel materials. POQUTEC takes responsibility for the product as it compensates for a one-year warranty from the forwarding date.


 
 
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Hydraulic Breakers

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M14] Established in 2004, ACE Hammer Co., Ltd. is a professional hydraulic breaker manufacturer and exporter of excavator attachments.
Starting with exports to the Middle East in 2005, ACE Hammer is now exporting its products to Nepal, Malaysia, Greece, Georgia, Canada, Mexico and Australia. It has acquired CE, ISO, and EAC certifications.
ACE Hammer is recognized as a company that can provide stable and reliable products, based on technology and experience accumulated over more than 21 years.

ACE Hydraulic Breaker
Ace Hammer manufactures various kinds of hydraulic breakers – top type, box (silenced) type, side type, backhoes loader type, and skid steer loaders type.
The company also provides standard accessories for hydraulic breakers and other attachments, such as crushers, shear beam cutters, quick coupler pullings/pushing types, demolition grapples, compactors, shear straight cutters, etc.
These products are characterized by their great strength such as superior power & efficiency, reliability, extended durability, simple application, and easy maintenance.

 As for superior power and efficiency, extended piston stroke power and positive alignment are some of the features along with maximized energy transfer to chisel efficiently. They come with long-life guarantees as the products are made with protected threads and multi-phase heat treatment. They are tested before shipment. Excavators are protected with excellent power to weight ratio, reduced vibration, unique suspension and minimized oil flow interruption.

They are manufactured with high-quality alloy steel for extended durability. Also, they come with precision welding breaker holder and wide diameter tool with dust protection lip to shield debris. Simple valve design is for simple application and easy maintenance. Tool bushing is engineered for quick & easy replacement.


 
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Project Management & Supply Chain Management

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M13] As it is well specialized as an independent consulting service company located in Korea (i.e. project management & supply chain management), for the oil & gas industries, any other industrial plant projects, and shipbuilding, INRPO ENC has done its best to support its valued clients.
INPRO is currently fully engaged in supplying various services related to project management and supply-chain management for such areas:

Independent consulting service
Implementing INPRO’s advice up-front to determine contracting and execution strategies is one of the best ways to leverage its consultants’ knowledge. Its expertise is especially valuable when evaluating bid packages and proposals you may receive from bidders.

Project management and project control
INPRO consultants’ insights into Korean fabricators will help you with project execution planning. Its project control consultants offer solutions to make sure your project stays on schedule and within budget.

Feed and detailed engineering support
Constructability reviews offer a best opportunity for design improvement to ensure optimum execution in the fabrication yard. Early involvement of INPRO consultants will help you understand how design standard selections can affect your project schedule, and not to occur any change later. Its knowledge of locally available materials from Korea and Japan will help you to decide which materials and equipment should be furnished by clients or fabricators.
Since it is familiar with the standard fabrication processes and sequences being complied with by most Korean fabrication yards, INPRO can fully work with your engineers to improve the constructability of your project design, all the way from feed to detailed engineering.

Supply chain management
If your project requires the purchase of Korean products, i.e. bulk materials, packaged equipment, pre-fabricated items, consumables, construction equipment, or just needs any information on locally available products, INPRO can support you with sourcing, technical/commercial evaluation, negotiation, communications, procurement, expediting fabrication, and logistics service, up to final delivery.
Sourcing of lower-tier fabricators and suppliers in Korea
Wherever you need any fabrication works or special services, INPRO has extensive knowledge and insights of second-and third-tier Korean fabricators and suppliers.

Fabrication, construction management
With its partners, INPRO can fabricate mid/small-sized modules, packaging equipment, pre-fabricated items for the oil &gas industries, industrial plant, and shipbuilding as well. INPRO can also provide construction supervision staffing support to managing/supervising, inspection and quality control wherever you may require it.


 
 
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Parking Systems

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M12] Autech-Otis Parking Systems (AOP) supplies the safest and most efficient parking systems with its know-how accumulated for over 40 years, and a performance test that is the strictest in Korea.
AOP, one of the largest exporters of mechanical automatic parking systems in Korea, has contributed to improving the technology of the Korean mechanical parking industry through innovative R&D.
AOP has a variety of parking facilities, including the only fork-type, pallet-less type in Korea that are competitive in terms of both price and quality compared to global competitors. Also, AOP provides various parking solutions to make it safer and more convenient for users.

Fork(Palletless) Type
The folk method was developed from the existing pallet type and refers to a method of parking the car by placing it on a fork-shaped lift and crossing it with a fork-shaped tray at a designated parking location.

The fork method, which adopts a vector inverter, an advanced control method, not only has faster loading and unloading speed than the Pallet method, but also reduces power consumption and increases convenience and safety with a fault monitoring function.

XY System
AOP provides customized XY system for every condition. The special advantage of the XY system operation is that the lift can move vertically and horizontally in free, allowing the car to be moved in all side. So, XY system is optimized with maximum parking lots and the best solution for complicated structure.


 
 
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Comprehensive Water Solutions

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M11] David Aqua System is committed to prioritizing the value of life by providing comprehensive water solutions worldwide using advanced SMC composite materials. Through its dedicated brand, K-TANK, David Aqua System strives to deliver high-quality water tanks to consumers, ensuring top-notch performance and reliability.
In recent developments, David Aqua System is proud to announce its participation in major international exhibitions, including the Dubai BIG5 in December 2024 and the Riyadh BIG5 in February 2024. These platforms will enable the company to showcase its latest innovations and connect with industry leaders and potential clients globally.

One of David Aqua System’s significant achievements is the development of the world’s first SMC circular water tank. This groundbreaking product is currently under patent application, and it is excited about its potential to revolutionize the water storage industry. Furthermore, it has successfully completed six trademark registrations, reinforcing its brand’s identity and market presence.

David Aqua System’s commitment to quality is further demonstrated by its recent certification from Singapore PSB (SS245 & SS375), which attests to the high standards of its products. These certifications ensure that its water tanks meet stringent international requirements, providing its customers with confidence in its offerings.
David Aqua System and its GRP water tanks are known for their excellent hygiene, durability, workability, and competitive pricing. Its products are exported to the Middle East and Asia, where they have gained a reputation for reliability and performance. The modular panel construction of its tanks allows for customization to any size, and they can be installed in various shapes, even in complex environments with structural obstacles.

In conclusion, David Aqua System is dedicated to sharing a better future in the water supply industry by guaranteeing the highest quality and safety. “We look forward to continuing our mission of delivering superior water solutions and contributing to the well-being of communities worldwide,” remarked a spokesperson of the company.

 
 
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AI Teat Recognition-based Robot Milking Machine

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M10] Established in 1996, DAWOON Co., Ltd. is a company that supplies various smart solutions and robotic solution products, starting with automatic feeders, for Korean cattle, plus dairy cows, poultry, and ducks.
By establishing an ICT-integrated control system with advanced robot/AI technology, monitoring and remote control are provided for all types of breeding management such as livestock feeding, milking, cleaning, and barn environments — and various robots can move under the automation system in place of actual human labor.
DAWOON provides monitoring and remote control of all feeding and management such as meal feeding, milking, cleaning, livestock environments, etc. – by establishing advanced robots & AI technology, and an ICT-integrated control system.

DAWOON specializes in smart & robotic farms that provide smart unmanned livestock sheds in which various robots work through an automated system in place of actual human labor.
DairyBot, a robotic milking machine from DAWOON, is an unmanned milking robot that attaches a milking cup and squeezes milk after a cow enters the milking room and eats automatically supplied feed. This robot automatically performs the entire process of human washing, attaching milking cups, milking, and disinfection, all of which were originally carried out by manpower.

Realizing complete automation of milking labor
DAWOON’s robot milking machine enables the complete automation of milking labor, which takes up 67% of the working hours of dairy farms, by enabling innovative labor-reduction with robot automatic milking and automatic feeding technology.
It is an all-in-one system that integrates the cleaning, pre-milking, milking, and soaking into one process, and all processes are performed at once by attaching a milking cup. It reduces the milking time required for each process and ensures fast milking time. It implements 98% accurate nipple-recognition technology by utilizing a built-in 3D camera.

During milking, milk-quality analysis and milk-quantity measurement for each individual cow and each udder are provided to the user, and real-time confirmation and remote service of analysis results through web/mobile are available.


 
 
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Corrosion Prevention Coatings & Sealing Solutions

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M09] Innochem Co., Ltd. is specialized in the manufacturing of long-term corrosion prevention coatings and sealing solutions on buried and exposed steel pipelines.
The company’s wide range of products caters to diverse sectors including oil, gas, water supply, chemical, and infrastructure, etc.
Currently it mainly produces three major products: cold applied tape system; heat shrinkable sleeve; and irrupted heat shrinkable casing system.
The cold applied tape system (Innowrap) is specifically designed to combat corrosion in various pipe mainlines and fittings such as field joints, elbows, tees, and valves, etc.
The heat shrinkable sleeve (Kowrap) is engineered for corrosion protection, employs powerful heat shrinkage force, and self-healing effect for application on buried and exposed steel pipelines.
The irrupted heat shrinkable casing system (Innoplus) serves as a premium finishing material for pre-insulated pipelines.
Committed to customer satisfaction, Innochem offers tailored design, manufacturing, and technical support, ensuring adherence to global quality, environmental, and safety standards.With a relentless focus on research and development, Innochem is strengthening its global foothold, prioritizing uncompromising quality in every endeavor.


 
 
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Pipe Spool

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M08] BU HEUNG Co., Ltd. is a pipe spool fabricator specialized in non-ferrous metals such as titanium, hastelloy, inconel, and super duplex, copper nickel, and so forth, for onshore/offshore plants.
The pipe spools manufactured by BU HEUNG are prefabricated components of a piping system that includes the pipe, flanges, and fittings. It is a typically prefabricated shop, from pipes to pipe fittings, which are then installed in a larger piping system on site.
This pre-assembly allows for easier, faster, and more efficient installation, as complex sections of the piping system can be constructed under controlled conditions. Due to the advanced welding skills and experience required for non-ferrous metal spools, the use of more specialized materials significantly enhances the efficiency of shop fabrication.
BU HEUNG holds certifications including ISO 9001, 14001, 45001, and ASME PP, S stamps ― ensuring high welding-quality, and monthly production capacity of 5,000 spools (or 60,000 dia-inches) with its own WPS operating six fabrication shops.
With extensive experience in painting, packing, and customs clearance, BU HEUNG is well-equipped to directly undertake overseas projects involving spool volumes.


 
 
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Components for the Oil & Gas Industry

July 23, 2024 by Leave a Comment
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[INQ. NO. 2407M07] Elyon Industry Co., Ltd., established in 2007, is a professional exporter of components for the oil & gas industry.
Elyon is now exporting to 600 corporate customers in over 30 countries by putting into practice the 3P Principle (Proactive, Prompt, and Precise), which reflects its customer-centric principle to satisfy every customer. In addition, Elyon has a branch in Germany, and agents in Thailand and Vietnam. Continuously developing the overseas market, Elyon has posted US$10 million in sales in 2022.
Elyon supplies various components in a wide range of items & materials. Elyon’s products are the main parts for heat exchangers, boilers, tanks, coolers, such as tubes/pipes including u-bending & finning (high fin & low fin), tube sheets, baffles, support plates, floating heads, channel heads, shells, flanges/fittings and forgings, swage nozzles, plate (low temperature, high temperature, etc.). And also, it supplies functional & accessories like quick opening closure, gasket, bolt &nut, etc.
The selection of available materials is also wide. The above components are supplied in carbon, carbon alloy, stainless steel, duplex, admiralty/ naval brass/ aluminum bronze, Cu/Ni, inconel, monel, incoloy, hastelloy, nimonic, invar, kovar, titanium, cladding material, etc. ― for high-pressure, low & high-temperature and general services.


 
 
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