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Delivering a Next-Generation Vehicles

September 26, 2016 by Leave a Comment

[INQ. NO. 1609M05] Ecocar, Inc., since its establishment in 2004, https://korean-machinery.com///inquiryhas been consistently investing and developing in eco-friendly technology, and in recognition of such passion, it was awarded with a commendation from the Ministry of Environment and is proud to be the pioneer to develop and manufacture the first electric motorcycle in Korea.
It also owns 17 related technical certifications and was selected as a Seoul Patent Star Enterprise in recognition of its unique technical know-how.
Ecocar is expanding its business from special equipment vehicles such as multipurpose sprayers to the electric two-wheeled vehicle and the quick charging station sectors which as the Next Generation business field with great potential. Especially, the quick charging station sector is to construct the infrastructure for the Next Generation vehicles such as electric car, electric twowheeled vehicle and electric bus.
Ecocar will put its best efforts into applying its various eco-friendly technologies on the city roads for energy saving and clean environment by maximizing the energy efficiency.

Two Major Products that Represent Ecocar, Luce and Disinfection Equipment

With alternate non-fossil fuel transportation drawing attention around the globe, Ecocar’s main product LUCE is the Korea’s first developed and manufactured electric motorcycle. It has 87% energy efficiency, comparable performance to 50cc motor scooter, powerful climbing ability through light-weight and high efficient motor, detachable lithium-ion batteries, LED side mirror, high brightness tail lamps, hill holding system and ABS brakes.
It has achieved both the convenience and safety that mark it as a “smart vehicle.” In addition, with cooperation with an Italy-based design company Carcerano, Luce is equipped with overseas favored modern design and also practicality which make it competitive among its rivals.

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Humanized Mechanical Convergence Leader

August 25, 2016 by Leave a Comment

[INQ. NO. 1608M17] Since its founding as D-ECO ENERGY in 1991,https://korean-machinery.com///inquiry D-ECO ENERGY has now become one of the leading generator manufacturers in Korea by constantly developing
new technology and improving the quality of its products.
These continuous efforts have helped D-ECO ENERGY develop an excellent reputation in both domestic and overseas markets. With the aim to become a major industrial player in the 21st century, it is expanding its international partnerships by increasing overseas investments and offering a first-class product range (including open and sound-proof generator sets, natural gas generator sets, second-hand generator sets).
Untitled-54.jpgTo help protect the world’s environment, it is focusing every management resource on developing environmentfriendly products and establishing more efficient service systems. It calls its new vision “Humanized Mechanical Convergence Leader,” to emphasize how human ingenuity and mechanical know-how are being brought together to create a leading world-class brand.

Providing First-Class Generators of All Kinds 

Diesel generator sets are indoor installation products for emergency. They can effectively supply electricity during blackout or any other emergencies. With its high technology, D-ECO ENERGY produces alternator, panel as well. It uses brand name engines such as Doosan, Caterpillar, Cummins, MTU, Perkins, Mitsubishi and MAN.

Soundproof-type generator sets are used in all industrial fields as they are designed for super soundproof and efficient operation. And they are also built with strong frames. This is why there is no problem with operating even in harsh industrial environments.

A diesel engine is suitable for medium or large usage with high thermal efficiency advantages. However, its disadvantages include high fuel cost and environmental factors as it is not considered as environment-friendly, so the dual fuel generator is becoming a trend at present. Untitled-57.jpgDual fuel generators are an environmentally friendly diesel power system, and with the same output and simple system installation, they are superior to existing diesel generators, especially when it comes to fuel cost, which is more than three times cheaper.
With pollutants regulations, the demand for dual fuel generators is expected to increase in the future to take advantage of various effects of reduced emissions. D-ECO ENERGY has established a system for continuous research and development to improve engine efficiency and maintenance through secure system components with development of fuel mixture control technology.

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One Stop Solution of Digital Printing in Signage, Textile and Package industry

August 25, 2016 by Leave a Comment

[INQ. NO. 1608M18] VALLOY Inc. is Korean https://korean-machinery.com///inquiryVenture company established in July, 2004. The company has founded by internaotinal marketing professionals and digital imaging professionals who have tens-of-year experience in development and marketing for digital
software, imaging devices, inkjetting middle ware and assemblies, next dimension of light source in Visual Industry.
VALLOY aims to provide innovative and remarkable things in Visual industry. What VALLOY provides should be the most user-friendly and acceptable product and solution, breathing together with their customers. VALLOY helps their customer and their customer’s customer use the most advanced technology in the easiest and the most cost-effective way.
Untitled-58.jpgVALLOY will provide most demanding products in the market based on in-depth market research that they are conducting in the worldwide market through the vast network of experienced and prestigious partners, to grow together with their customers.
At first, VALLOY supplies one-stop total solution in Digital Printing market. There’re 4 kinds of digital printing solutions for each industry – digital signage printing, digital textile printing, digital package printing, and digital industrial printing. TOPAZ Signage solution suite includes TOPAZ RIP software which is nominated as world top 10 rip software, and inkjet media and signage ink.
And TOPAZ Textile solution suite includes disperse dye ink, transfer paper and TOPAZ heat press cylinder machines for traditional dye-sublimation, and new innovative textile ink (UDS ink) to directly print on uncoated natural/blended textiles like cotton, silk and linen. VALLOY has also TOPAZET textile printer and TEXCOOKER fixation units.
In digital package printing market, VALLOY has ANYTRON label printing & finishing solution, including NEW ANY002 printer, DUOBLADE digital knife die-cutter and ANYCUT CO2 laser die-cutter. They also have innovative UV inkjet narrow web printer – TOPAZET UV 13R for flexible package printing as well as label printing.
With utilizing their inherent unique technologies covering software, firmware, hardware, mechanics and electronics, VALLOY can provide adequate customized digital printing solution for different industries, like printed electronics, enzyme printing, specially thick fluid printing, industrial decoration substrates with semi-3D texture and etc.
“VALLOY adds fuel for the continued evolution in the ever-changing wide-format inkjet industry”

The Latest Products to Hit the Market 

TOPAZET 6045F and 6090H are all in one printing, which includes UV color and white, varnish and primer, embossingprinting with special solid UV link. Highquality printing is possible with precise media height sensor and printing table is driven by industrial ball screw axis to minimize media turbulence.
They feature incredible solid printing with industrial embed system using EPSON or RICOH
head. Varnish ink is available for both models with flexible LED UV ink, which is optimized for flexible substrates like synthetic leather. Two-layer or three-layer simultaneous printing is available for high speed and accuracy.

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Modular Fabric Structure Buildings to Satisfy Increasing Global Demand

August 25, 2016 by Leave a Comment

[INQ. NO. 1608M19] Han-A Tech Co. has specialized https://korean-machinery.com///inquiryin the production of modular fabric structure (MFS) buildings and air-domes since its founding in 2003. With ISO 9001 and 14001 certifications, the company is one of the officially registered vendors at UNGM, UNPD and SAM. It has continuously provided effective solutions worldwide for customers in Japan, Thailand, the Philippines, and Spain, as well as the the U.S. Army and the UN.
The manufacturer has also obtained New Excellent Product (NEP) and Government Performance Assured (G-PASS) certifications from the Korean government for its products.

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Untitled-62.jpgThe maker’s products consist of aluminum main frames and high-tech membrane that has self-cleaning function.Their design is beautiful with various colors, so they match well with their environment. These aluminum frames can last more than 50 years without any rust and their membrane keeps clean for over 10 years.
For instance, the firm’s sports center in Japan that was built in 2010 still stayed safe even after a strong earthquake (9.0 magnitude) and typhoon. At the moment, 90 or more buildings the maker has constructed overseas are providing excellent safety and usefulness.

A Wide Array of MFS Buildings Set to Meet Buyers’ Request

The maker’s MFS is applicable for industrial uses such as factories, research facilities, warehouses and dormitories, sports facilities for tennis, basketball, badminton and indoor recreation, and for cultural facilities like exhibitions, event halls, theme parks and auditoriums. Other applications include environmental facilities for waste water/sewage treatment, and military facilities such as training centers, army restaurants, assembly halls, aircraft hangars and garages. Available widths range from 5m to 70m.
Untitled-63.jpgWith several international patents, the company has poured considerable amounts of its revenues into research and development activities for new technologies, designs and production facilities. As a result, it can meet various requirements from its customers both at home and abroad.
Designated as an INNO-BIZ company by the Small and Medium Business Administration, the company can provide customers with full services ranging from counseling, design, production, and installation, to aftersales service. It has actively developed innovative products that feature superior movability and recyclable structure with 10-year warranty. Its skillful and experienced workers are devoting their efforts to product improvement and
technological development.

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Realize your dreams! The best investment is in Gyeongsangnam-do where the perfect infrastructure awaits you

July 18, 2016 by Leave a Comment

The best investment location 

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Gyeongsangnam-do consists of eight cities and ten counties, with an area of 10,537.32km2 that comprises 10.51% of the total territory of the Republic of Korea. It is currently considered one of the highest-level locations in wide-area municipalities nationwide to be invested by foreign investors.
Some key factors are leading the municipality’s attractiveness to investors – airports(Gimhae International Airport and Sacheon Airport), traffic networks (seven stations in expressway and two stations in KTX (Korea Train Express), economic zones (two economic zones, two foreign investment zones, and one free trade zone), international ports (Busan Port, Gwangyang Port and Masan Port), and industrial complexes(4,874 companies residing in seven national industrial complexes and 158 general industrial complexes).

Global leading industrial complexes

In particular, some major industrial complexes are worthy to be globally known. Located in Changwon with an area of 134, 532m2 (71,368m2 and additional 63,164m2), Changwon Nammun Foreign Investment Zone within the Busan Jinhae Free Economic Zone targets residing industries of mechatronics, automobile components, shipbuilding materials industry, machinery, only permitting foreign-invested companies (currently 200 companies, 28,762 employees, US$ 34.999 billion of production, and export of US$724 million. The total export volume amounts to US$ 20.724 billion.)
Untitled-20.jpgThe remaining leading complexes include Gimhae Techno Valley General Industrial Complex (located in Gimhae with the area of 1,522,000m2, focusing on industries of medicines, metal processing, electronic components, computers, media electronic equipment, others), Changyeong General Industrial Complex (located in Changyeong-gun with the area of 647,696m2 in the fields of metal, machinery, automobile, electricity, etc.), and Galsa Bay Shipbuilding Industrial Complex / within the Free Economic Zone in Gwangyang Bay Region (located in Changyeong-gun with the size of 647,696m2 on the industries of metal, machinery, automobile, electricity, others.)

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The nation’s third highest province in GRDP 

Thanks to favorable business backgrounds including such factors, it recorded KRW 95.63 trillion in Gross Regional Domestic Product (GRDP) as of 2012, taking 6.9 percent of Gross Domestic Product(GDP) of the Republic of Korea and the 3rd highest GRDP among all provinces across the nation.
The per capita GRDP, as of 2012, was KRW 29 million, marking the sixth highest position among all provinces of Korea. The production structure of Gyeongsangnam-do is composed of 3.8 % in Agriculture, Forestry and Fishery, 47.1% in Mining and Manufacturing, 4.6% in Construction, and 44.5% in Services, and others. As of 2013, the export amount came to US$51.9 billion, comprising 9.3% of national exports of US$ 559.6 billion.

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Korea’’s export hit hardest among OECD

July 18, 2016 by Leave a Comment

Korea seems to have been hit more seriously than other countries by the global economic downturn as its exports are contracting steeply. With the outlook still negative due to external uncertainties, economists estimate that exports, once a sustaining pillar of the economy, will eat into economic growth this year.
According to OECD data, Korea’s exports have been contracting since January last year when they marked a 0.9 percent decrease. That figure, however, was the fourth best among 31 OECD countries where data was available, as most countries saw exports decrease. Only Japan, Ireland and Mexico saw their exports increase.
However, Korea has seen its exports dip steeper than most other countries. Exports contracted 10.6 percent in May last year, and dipped 15 percent in August, making the country rank 19th in terms of exports. Korea has since slid to 28th as its exports dipped 18.9 percent in January and 12.7 percent in February.
“Domestic consumption will contribute to most of the economic growth this year while exports will continue to be negative,” the National Assembly Budget Office forecast in a report. It estimated that contracting exports will pull down the GDP growth rate by 0.2 percentage points. Exports are likely to fall 5.6 percent this year while imports will drop further by 7.4 percent, according to the budget office.
Last year, exports pulled down economic growth by 1 percentage point as exports dropped 8 percent. As a result, economic growth stood at 2.6 percent, propped up by domestic consumption. “Due to a slowdown in the global economy and trade, coupled with falling oil prices and excessive supply, exports are expected to contract this year as well,” the budget offi ce said.
The government is turning somewhat optimistic about exports, pointing out that the decrease is slowing its pace. “As the quantity of exports is increasing, we expect that a recovery of prices will lead to an improvement in the latt er half of the year,” said Cheong Seung-il, deputy trade minister.
Experts, however, are pessimistic about seeing a notable rebound amid contracting global trade. “It will take some considerable time until exports make a notable increase,” said Ju Won, an economist at Hyundai Research Institute, pointing out that there are both structural problems and short-term factors behind the falling exports.
“It is impossible to pull up exports without the Chinese market. The government should focus on enhancing use of the Korea-China FTA as well as strengthening diplomatic efforts toward the Chinese government and advancing into high-growth regions within China.”
The government is planning to include diverse measures to pull up exports in economic policy directives for the latter half of the year which will be announced around the end of this month. Ju said the government should be fl exible in economic policies. “To prepare for the worst-case scenario of contracting exports, it needs more aggressive monetary and fiscal policies,” he said. “It should stop exports from negatively aff ecting domestic consumption as well.”

< Source: KITA>

 

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Hyundai, Kia global sales up thanks to SUV hit in U.S., China

July 18, 2016 by Leave a Comment

Combined global sales of South Korea’s largest and second-largest automakers Hyundai Motor Co. and Kia Motors Corp. climbed 6.7 percent on year to 672,000 units in May, thanks to an increase in sales of sports utility vehicles (SUVs) in the world’s two largest auto markets – China and the United States, Hyundai Motor Group said recently. It is the first on-year rise in their monthly car shipments in fi ve months.
According to Hyundai and Kia, their total global shipments during the January-May period amounted to 3,139,000 units, down 4.1 percent from the same period of last year. Their sales fell 13.7 percent on year in January, 3.8 percent in February, 1.7 percent in March and 7.7 percent in April.
Snapping the losing streak, the Korean auto group’s sales at overseas markets gained 5.4 percent on year in May – in particular, in the U.S. and China. Hyundai and Kia’s total shipments to China jumped 16.6 percent to 150,000 units in May from a year earlier, the highest sales record for May in the country. Market experts expect their sales to the world’s largest auto markets are likely to continue to improve for the next few months partly because of the base effect as their sales in China had been sluggish from May to August last year.

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The automakers in May also delivered combined 133,900 units to the U.S., up 6.3 percent from a year earlier to all-time monthly high. Hyundai and Kia’s total sales made up 8.7 percent in the U.S. market, the highest this year.
The recovery in sales in the U.S. and China largely owe to growing demand for their SUVs that sold 53,000 units last month in China, up a whopping 85 percent on year. Hyundai’s fl agship SUV models Tucson and Santa Fe as well as Kia’s Sportage drove their U.S. sales in May, according to the companies. Total sales of the three SUV models surged from 88 percent to 91 percent from a year ago. An unnamed offi cial at Hyundai Motor Group said Hyundai and Kia are upbeat for the remainder of the year as newer Tucson and Sportage model have been faring well in key markets and releases of compact SUVs Niro and Creta are planned for the second half.

< Source: KITA>

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Hyundai Motor signs MOU on hydrogen electric vehicle revitalization with Air Liquide

July 18, 2016 by Leave a Comment

South Korea’s Hyundai Motor Co. announced recently that it signed a memorandum of understanding with Air Liquide S.A., a French industrial gas company, to boost cooperation to take lead in the global hydrogen electric vehicles, as part of its efforts to vitalize the hydrogen electric vehicle market.
The Korean car maker explained that Air Liquide is a French company with world-class technologies related to hydrogen production and construction and operation of hydrogen plants. Hyundai Motor in cooperation with Air Liquide plans to push for the revitalization of the hydrogen electric vehicle market, utilizing hydrogen as a clean new renewable energy and development of business models of hydrogen energy stations.

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A hydrogen electric vehicle refers to a car that drives by operating a motor using electricity generated by hydrogenoxygen reaction. The car is regarded as an eco-friendly car emitting not air pollution substances and green house gases but just water.
Hyundai Motor successfully mass produced hydrogen electric vehicles of the Tucson in 2013. The company has developed a next-generation hydrogen electric vehicle with higher mileage, aiming to release it in 2018. Hyundai Motor Group plans to increase hydrogen electric vehicle models to two by 2020.

< Source: KITA>

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Korea’s exports continue sagging, likely end June in 18-straight-month fall

July 18, 2016 by Leave a Comment

South Korea’s exports continue in downward spiral, recording double-digit contraction in the first 20 months in June to suggest that Korea would extend losing streak in exports for the longest-ever 18 consecutive months.
According to Korea Customs Service the country’s outbound shipments amounted to $25.66 billion in the first 20 days of June, down 12.8 percent from the same period last year. Korea has never had experienced such lengthy setback on the external trade front since exports data was compiled from a half century ago. This year’s accumulated exports up until June 20 amounted to $222.1 billion, down 11.6 percent from the same period last year. The decline was steeper than the 11.5 percent on-year drop in the Jan.- May period.
The customs office said that the fall in exports was largely due to reduced shipments of electronic integrated circuits amid flood of cheaper Chinese products. Exports of electronic integrated circuits in the June 1-20 period plunged 9.1 percent from a year ago. In May, Korea’s exports came to $39.8 billion, down 6 percent from a year ago to register 17-straight-month decline amid prolonged sluggishness in global economy and oil prices.

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Root Industry, the Starting Point of Future New Growth Engine Industry

May 19, 2016 by Leave a Comment

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“Root industry is all about making materials into components, and then components into finished products through various process technologies, which is the core of the manufacturing industry. Despite its importance, however, root industry has been recognized as a so-called 3D (Dangerous, Dirty and Difficult) industry, so its competitiveness has been gradually weakening. Now, root industry has to be promoted as
an ACE (Automatic, Clean and Easy) industry.”
Mr. Sang-mok Lee, manager of the Korea National Ppuri Industry Center, strenuously insists that without strengthening the competitiveness of the root industry, the roots of Korean manufacturing cannot become compacted tightly, while emphasizing the importance of root industry.
According to the definition provided in Article 2 of ‘The Law on the Root Industry Promotion and Modernization’ enacted in 2011, root industry means the industry which leads the business sector by utilizing such process technologies as molding, casting, welding, plastic working, surface treatment, heat treatment, et al.
Manager Lee explains, “Root industry, which is the basic process industry, is not shown up to the surface like the root of the tree, but remains embedded in the finished product, thus forming the basis of the competitiveness of the product.”
Also, according to his explanation, “The importance of the root industry is great to the extent that when a car is manufactured, the ratio related to root industry is about 90% based on the number of components, and the cost of welding per ship accounts for about 35% of the total shipbuilding cost, while the automobile industry also has a framework for growth on the basis of solid root industry.”
Considering that the Korean economy has been growing based on the manufacturing industry until now, we can say that the role and function of root industry forming the backbone of the manufacturing industry is very important for strengthening Korea’s global competitiveness. On this account, the government is practicing various policies for enhancing root industry and, thereby developing it as a high value-added industry.

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