You are here: Home / Archives for Cover Story

Heavy Wall Pipes

January 19, 2021 by Leave a Comment
https://korean-machinery.com///inquiry

Winner of the $ 100 Milliion Export Tower
[INQ. NO. 2101M02] Samkang M&T has not only grown into Korea’s first heavy wall pipes manufacturing company but also developed into a world-class company in shipbuilding and offshore & onshore plants.
Samkang M&T is the first company to develop domestic heavy wall pipes. The company was established in 1999 at Miryang, Gyeongsangnam-do, South Korea.


Since then, it has been listed on KOSDAQ and has been recognized as one of the best companies in terms of technology in Korea for localizing and exporting products over the past 21 years.
In Korea, which was completely devoid of locally produced heavy wall pipes, the company was able to succeed in its localization mission based on strong belief, enthusiasm and spirit of challenge and was able to achieve the import-substituting effect. Currently, it exports its products to about 30 countries around the world.
It currently manufactures more than 200,000 tons of shipbuilding-offshore plant products annually due to 103 acres of land as well as 800 tons of goliath cranes that it has secured.
In particular, it manufactures topside modules, which are the core of offshore plants, in the shortest period of time in Korea and this feat has been registered as an official record by the Korea Record Institute. It is recognized for its world’s best technology as well as its production management abilities.

Heavy Wall Pipes


Samkang M&T took over STX Goseong Offshore & Shipbuilding in November 2017, and this was newly opened as Korea’s first large-scale repair dockyard under the name Samkang S&C.
The chairman of the company stressed “We will provide professional and integrated total services through large-scale business in relation to repairs and conversions, as well as manufacturing. As a result, we will attract domestic and foreign business related to repairs, conversions as well as manufacturing and transform this facility into a global repair dockyard.”

Heavy Wall Pipes


Samkang M&T focuses on offshore & onshore plants – heavy wall pipes – naval & special ships as its key business area and together with Samkang S&C, which has been newly established as shipbuilding – repairs – conversion business, will become a global champion by achieving sales of 1.100 trillion of business profits by the year 2022 based on leading-edge technology as well as accumulated construction results.
“I would like to take this opportunity to thank all our customers as well as shareholders for their unwavering interest and support. We will respond to your expectations by continuing to grow as a “global shipbuilding-marine specializing business,” he added.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story Tagged With: , ,

Eco-friendly Condensing Boilers

January 15, 2021 by Leave a Comment
https://korean-machinery.com///inquiry

Winner of the $ 300 Million Export Tower
[INQ. NO. 2101M01] Kyungdong Navien Co., Ltd. recently won the $300 Million Export Tower at the 57th Trade Day, which was the first in the industry circle of Korea.
Kyungdong Navien, which was well known as a representative boiler-manufacturing company leading domestic and overseas markets, is a most representative company in the so-called ‘K-Boiler.’ Now it drives the exports of boilers and water heaters to potential overseas markets.

Eco-friendly Condensing Boilers

Currently, Kyungdong Navien is successfully expanding its influence in the global markets based on its globally recognized condensing technology – in spite of the fact that globalization in the boiler industry is very difficult challenge owing to certain factors – the issue of utilization of various factors, each country’s different kinds of heating facility infrastructure and heating culture.
As of 2019, Kyungdong Navien, which is currently commanding the No. 1 market dominance in major global markets including the United States, Russia, etc., took 84.1% of local companies’ total export volume of domestic total boilers and gas water heaters.
Amidst the economic crisis caused by last year’s COVID-19, Kyungdong Navien is well maintaining its growth pace in both domestic and overseas markets, meaning that it is a truly global leading company in the global industry.
Looking into specific examples, Kyungdong Navien kept its steady sales growth pace all over the year in North America, which is considered one of its representative global markets.
In the Russian market, Kyungdong Navien won this year’s corporate award twice in Nov. last year, following its selection as a national brand three times in a row in 2019. The cases in the two giant markets tell us that it certainly appears to be a global company that leads heating fields.

Eco-friendly Condensing Boilers


And also, in the Chinese market, Kyungdong Navien, participating in the government-leading coal renovation project which appears to be increasingly vivid compared to 2019, is taking another leap forward.
In the Korean market, Kyungdong Navien’s status seems to be more solid, leading Korea’s history of condensing technologies, boosted by the local market’s reorganization flow focusing on eco-friendly condensing boilers just after the use of eco-friendly boilers becomes mandatory, which went into effect on April 3 last year.


 
korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story Tagged With:

Korea’s Certified Trading Companies Expanding into Global Markets

November 12, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

The Certified Trading Company system, launched by the Ministry of Trade, Industry and Energy in 2014, refers to the companies with excellent export capabilities designated to develop new markets, discover new products, and expand exports of small and medium-sized enterprises (SMEs). It is designed to help companies starting export business that lack experience and overseas networks to diversify export markets and find foreign buyers by providing export agency services.
The Certified Trading Company system began as a private enterprise system introduced by the Korea International Trade Association (KITA) with a view to promoting the exports of SMEs’ products via agencies after the general trading company system was abolished in 2009.
Since then, the Ministry of Trade, Industry and Energy (MOTIE) has decided that active roles of the certified trading companies with overseas marketing capability are required in order to support exports of the SMEs. It is being operated as it is now, as the system was upgraded to a statutory designation system by reflecting MOTIE’s decision in the Foreign Trade Law in 2014.
Cris Son, manager of the International Marketing Department at KITA, said, “Realistically, it is very difficult for the small and medium-sized companies or startups to manage all the processes, from product development, to production, distribution and export.” He also stressed, “The certified trading company system is the main platform to boost the exports of small and medium-sized enterprises.”
The Certified Trading Company for this year includes a total of 391 companies, an increase of about 28% from 306 companies in 2019, consisting of 15 large companies and 16 mid-sized companies covering the fields of consumer goods, equipment, agricultural and fishery products, and quarantine products. It is expected that SMEs will be able to utilize a variety of overseas distribution networks.

Certified Trading Company targets companies qualified by the government by meeting requirements such as export performance, thereby enabling fast product sourcing and stable transactions. This system facilitates the efficient identification of excellent traders to import fine products from Korea. In addition, it allows potential customers to obtain information or trade with companies provided without having to contact them individually.
In case of difficulties related to language barriers or lack of experience with a Korean company, Certified Trading Company also provides trading agency services. (Note: Agency commission may be required depending on the item and transaction size)
This year, it is planning to expand “Untact Video Conferences” in addition to offline so that export items and marketing strategies can be discussed in-depth during the COVID-19 Pandemic. It also plans to diversify its support by actively discovering new promising export items such as K-Quarantine supplies that have recently drawn global attention, and promoting marketing through Trade Korea, a special online space.

Korea International Trade Association (KITA)

The Korea International Trade Association (KITA) was established in 1946 with the objective of advancing the Korean economy through trade, and is currently the largest business organization in Korea with over 70,000 member companies.
Representing the interests of Korea’s global traders, KITA fulfills a diverse range of roles including: providing hands-on support to trading companies, promoting trade cooperation in the private sector, formulating new trade strategies, nurturing trade professionals, and building trade infrastructure.
With a widely established network of 13 domestic offices and 11 overseas branches in major cities, KITA has consolidated its position as a leading business organization dedicated to assisting SMEs in gaining foreign market entry. KITA has actively contributed toward Korea’s recent achievement of one trillion dollars in trade volume.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA Tagged With:

Automotive Body Welding Equipment

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

[INQ. NO. 2011M08] This product can be applied to small and large vehicles, buses, and trucks. It is developed in a compact structure, and schedules can thus be reduced.
JC ENG has accumulated considerable know-how from its experience in dealing with automobile companies and has many ideas for cost reduction.
In particular, JC ENG can fully satisfy the customers’ demands, because it has the aluminum material welding and processing technologies to manufacture the starting jig.
The manufacturer develops and supplies automotive body assembly and welding equipment, testing tools and jigs.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA Tagged With:

Plastic Core

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

[INQ. NO. 2011M10] CHIYODA KOGYO KOREA handles various plastic cores (FRP, ABS, PP, PE, PVC, etc.) required by the winding industry.
The RC-FRP core is a high-performance plastic/rubber core that solved the existing problems, such as film transfer, which is helpful when manufacturing high-quality products.
The company has rich expert knowledge regarding the plastic core used for winding of various films. The company established cooperation systems with various manufacturers.
The company plans, manufactures, and sells plastic cores for the films for secondary batteries, base material film made of PET, nylon, PE, PP, etc., processed coating film, LCD/optical film, metal foil, special textile, etc. that meet the demands of its customers in terms of durability, flatness, weight, eco-friendliness and recyclability.


The company has been contributing to the development of the Korean winding industry since its foundation under the concept of high functionality, high accuracy, and high added value.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA Tagged With:

Wrapping Robot

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

[INQ. NO. 2011M09] This product is a wrapping robot developed to efficiently improve the wrapping work environment.
This robot minimizes the process and the manpower required for wrapping work and distinguishes the product by enhancing the completeness of wrapping, as it can wrap various products quickly.
Anyone can use this robot easily and safely because it comes with various safety measures.
This wrapping robot is designed in a compact size so that it can be optimized to different working environments.
The worker can carry out various types of work with this robot. It can protect the workers from risks of accidents as it is equipped with a device that prevents falling. The worker can set distance and safe work areas using the ultrasonic sensor.
The worker can place the emergency stop button onto the handle and the body to stop and resume the work at any time. The worker can turn on the warning light when carrying out the work to ensure safety by sending a warning signal to the surroundings.
This robot comes in the size of 1230 x 1050 x 2300mm and has 900kw of driving power. This robot can wrap 150 to 200 pallets per charge.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA Tagged With:

Automotive Air Duct Cutting Machine

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

[INQ. NO. 2011M07] With electric vehicles emerging in the market, more and more efforts are being made to develop the technologies related to ventilation for electric vehicles.
The automotive air duct cutting machine guarantees that the air hole will be precisely cut in an accurate location after the blow molding so that there will be no damage to the product.
This product can be applied to all sizes of vehicles. Based on its experience of supplying its products to a Japanese automobile maker, the manufacturer can quickly design its product and assure high quality.
JC ENG CO., LTD. can assure durability and high quality, because it designs and interprets the product in 3D and manufactures the product after validating productivity.


JC ENG can cut small pieces and ensure that there will be no damage to the product after the cutting.
JC ENG can apply the customers’ requirements to its product designs and product testing. Drawings can be made according to the product drawing provided by its customers and it can make revisions until the customer’s needs are satisfied. Existing customers have recognized the high quality and have been trading with the manufacturer for more than 10 years.

Filed Under: Cover Story, KITA Tagged With:

Metal Raw Materials

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry
  1. Wire/Bar/Rod/Strip/Coil
  2. Oil&Gas-Materials for Heat Exchanger / Pressure Vessel /Pipe Line
  3. Building Materials
  4. Metal Powder & Rare Metal Products

[INQ. NO. 2011M06] Elyon Industry Co., Ltd., established in 2007, is a professional exporter of metal materials.
The company is now exporting to 250 corporate customers in about 30 countries with the vision of securing 300 corporate customers by 2020 becoming a stepping stone connecting its customers and their end clients.
Elyon is putting the 3P Principle (Proactive, Prompt, and Precise) into practice, which reflects its own principle to think and move quickly and accurately to satisfy customers.


In addition to the headquarters in Korea, Elyon Industry has a branch in Germany and agents in Thailand and Vietnam. By continuously developing the overseas markets, the company posted 7.8 billion won in sales in 2018.
The company has three major business divisions. First, the Raw Material Business Division zeroes in on bars/rods, strips/coils and wires made of copper, copper alloy, stainless steel and carbon steel. The products go mainly into electrical and electronic parts and automotive parts.
Second, the Oil & Gas Business Division specializes in parts for heat exchangers and pressure vessels.
Third, the Construction Material Business Division, a new division, deals in exterior materials for buildings such as color-coated stainless steel sheets and handrails.
Lastly, as part of its future business, Elyon has recently launched new product lines including metal powder, rare metallurgy products, ceramics & coating, and high performance alloy products such as inconel, hastelloy, and monel.
Especially for metal powder, its available materials include magnesium, tungsten, molybdenum, tantalum and other special metals.


 
korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA Tagged With:

REDOX Hydraulic Breaker

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

Excellent Design & Strong Power
[INQ. NO. 2011M05] STORMparts CO., LTD. manufactures heavy construction equipment and their parts in Korea and exports the finished product, the hydraulic breaker, under the brand name of REDOX.
STORMparts manufactures major construction equipment parts of Hyundai Heavy Industries, Doosan Infracore, Dongyang Heavy Industries, Everdigm, etc. and exports its products directly to 15 to 20 countries.

STORMparts considers the users’ requirements and offers high performance spare parts that are competitive in terms of price and quality.
STORMparts exports its products directly to 15 countries in the Middle East, Southeast Asia, North and South America, and Africa, and contacts potential buyers by participating in famous international exhibitions around the world.
STORMparts’ REDOX hydraulic breaker has excellent durability against severe vibration because its bracket is 5~8mm thicker than the ordinary brackets of other companies.
It also comes with the hourmeter that allows users to check how many hours the breaker has been operating.
Also, it comes with other useful features, such as auto grease, blank-firing, water resistance, etc.


The REDOX hydraulic breaker is manufactured in Korea using materials made in Korea and it is exported to 15 countries.
STORMparts also sells after-market parts for excavators.
In particular, in the case of excavator parts, STORMparts exports the parts mainly for Hyundai, Doosan and Volvo excavators. STORMparts also distributes filters, tires, etc. by consigning their manufacturing to Korean manufacturers.
STORMparts also exports automotive parts to many countries.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA

Various Kinds of Lubricants & Auto Parts

November 10, 2020 by Leave a Comment
https://korean-machinery.com///inquiry

[INQ. NO. 2011M04] DONGKWANG CORPORATION has been focusing on the export of automotive lubricants to Russia and Eastern Europe since its founding in 1992.
DONGKWANG is currently engaged in supplying auto spare parts and several kinds of lubricants including automotive lubricants, marine lubricants, and industrial lubricants.
For automotive lubricants, DONGKWANG provides customers with gasoline engine oil, diesel engine oil, and automotive gear oil. For marine lubricants, DONGKWANG supplies cylinder oil for crosshead type diesel engines, system oil for crosshead type diesel engines, and engine oil for fishing boats.
For industrial lubricants, DONGKWANG supplies top-quality oils such as hydraulic oil, refrigerating machine oil, transformer oil, process oil, and liquid paraffin. In addition, DONGKWANG exports such automobile parts as filters, batteries, tires, etc.


Based on his experience in overseas trading at Dongjoo Industries, a paint company that used to be owned by Daewoo Group (a large Korean conglomerate), Mr. Sang-hoon Lee, the founder, pioneered the Far East Russian market immediately after Korea and Russia established diplomatic relations in 1990. Mr. Lee also has been taking the lead in introducing the products of excellent Korean SMEs to overseas markets using the professional trading company program of KITA.
Through the efforts of the CEO, DONGKWANG established more than 100 sales outlets all over Russia, including the cities of Moscow, Vladivostok, Khabarovsk, St. Petersberg, etc.
DONGKWANG is also expanding its sales channels through Eastern Europe, including Ukraine, Kazakhstan, Armenia, etc.
DONGKWANG received the USD 10 Million Export Award from the Korean government on the Trade Day, one of the major trade-related events in Korea, in 2009. DONGKWANG has been increasing its exports every year and is aiming to surpass the USD 50 million mark in exports.

Expansion into the markets for ship lubricants,
shipbuilding equipment and various kinds of ship’s spare parts

To diversify its export items, DONGKWANG has planned to actively expand into the markets for ship lubricants, shipbuilding equipment, and ship items.
To achieve its goal, DONGKWANG is acting upon its plans systematically, including relocating its offices to the International Ship Article Distribution Center, a free trade zone, and identifying new sourcing items. Mr. Lee is currently serving the Busan Professional Trade Company Association as its chairman and working as a pioneer who paves the way for the excellent Korean SMEs to export their products to the world.


korean-machinery.com | Blog Magazine of korean-machinery, brands and Goods

Filed Under: Cover Story, KITA Tagged With:
«Previous Page