Cryogenic, Disaster Prevention, Isolation and Energy SystemsDongsung Finetec
System for the Future, Scale of Gobal No.1
Dongsung Finetec creates
a system for the future.

Dongsung Finetec
Dongsung Finetec has grown to become the world’s exclusive company with cryogenic insulation bulk production system since its establishment in 1985.
Our company occupies about 60% of the global market in LNG insulation, and operates Polyurethane system, Cryogenic insulation, Disaster Prevention, and Refrigerant fields of business, and operates over five Business Premises both overseas and in Korea.
Dongsung Finetech, leading the world by reading the customers, plans to reorganize its business units with shipbuilding, marine·plant, and PU business with the spirit of constant challenge to secure the No. 1 position in the world of cryogenic insulation.
Dongsung Finetech has supplied LNG cargo hold products for over 20 years and has been supplying cryogenic and high temperature insulation products to domestic shipbuilding companies for over 10 years, and has been recognized for excellence by supplying various insulation materials to KOGAS production base and Japan.
Moreover, we are leading the environmentally friendly new refrigerant market by taking the lead in providing Freon alternative refrigerants and new technologies.
Dongsung Finetech will protect our customers and energy safely and open up the global market with technology that protects the precious value of the environment for the next generation.
- CEOWon-Soo Lew
- Date of Establishment1985. 8. 7
- Field of BusinessPolyurethane system, Cryogenic insulation, Disaster Prevention, Refrigerant
- Telephone031-677-7000
- Business Premise
- Headquarters. Sinsan-ro 99, Saha-gu, Busan
- Ansung. 1 Factory _ Cooperative Complex Road, Ansung City, Gyeonggi-do 120
- 2 Factory_ Myeong-myeon No.2, Gongdan-1-gil 61, Ansung City, Gyeonggi-do
- Research Institute _ Myeong-myeon, Cooperative Complex Road, 59, Ansung-si, Gyeonggi-do
- Youngnam. 3-gil 22-5, Samdong-myeon, Ulju-gun, Ulsan
- Tongyeong. Gwangdo-myeon, Chunwon 1-ro 9, Tongyeong, Gyeongsangnam-do
- American corporation. DSFI (Dongsung Finetec International, INC.)

History
2017
- 10Dongsung LTS established
- 03CEO inauguration (Won-Soo Lew)
2016
- 07Development of insulation for LPG carrier with high flammability
2015
- 07Acquired BOR 0.085% GTT Certification for the first time in the world
- 04Dongsung Finetech America LLC established
2013
- 09Presidential Commendation & Innovation Activity, Gold Prize at the 37th National Productivity Conference
2012
- 10The world’s first insulator contract order received for LNG-FPSO (Shell-Samsung Heavy Industries)
2010
- 10Molding method and Device of Corner piece membrane for a liquefied natural gas storage tank_Acquisition of Patent (No. 10-0974147)
- – Patent Image_Patent No. 10-0974147
- – atent Application No. 10-2008-0061682 2008 June 27)
- – The molding method of the corner piece membrane for a liquefied natural gas storage tank of this invention is different from the conventional method of forming a small-small type corner piece membrane or a large-small type corner piece membrane because there is no process of molding in the form of corner piece membrane of large-large type. Thus, small-small type corner piece membrane or large-small type corner piece membrane can be molded with good flatness of the entire flat portion because no wrinkles are generated in the portion deformed from the wrinkle portion to the flat portion.
- 05Formation of secondary barrier for LNG storage tank _ Patent acquisition (No. 0961633)
2009
- 12Became part of Dongsung Group
2008
- 11Korea Precision Industrial Technology Presidential Award
2007
- 11Awarded Export Tower of 11. 1 billion USD (International Trade Day)
- 08Cryogenic Cold Insultation PU_selected the world’s best product (Ministry of Commerce, Industry and Energy)
2006
- 1010ISO 9001:2000, ISO 14000 Certification / Production of CNG products for NGV
2001
- 03Entered the Membrane business for LNG
1998
- 05Entered Insulation Panel business for LNG carriers
1997
- 12Listed on KOSDAQ
- 05Approval and production of lnsulation panel for LNG TANK
- 03R-PUF and PUF approval and production
1990
- 08Polyurethane System House completed
1985
- 09Establishment of corporation
Financial Status Table Unit: million won
FY 2016Y | FY 2017Y | FY 2018Y | |
---|---|---|---|
Total assets | 280,905 | 220,559 | 207,172 |
Current assets | 147,322 | 94,201 | 83,191 |
Non-current assets | 133,583 | 126,358 | 123,981 |
Total Debt | 158,564 | 139,730 | 130,112 |
Current liabilities | 117,485 | 86,238 | 117,185 |
Non-current liabilities | 41,079 | 53,492 | 12,927 |
Total capital | 122,341 | 80,830 | 77,060 |
Income Statement Unit: million won
FY 2016Y | FY 2017Y | FY 2018Y | |
---|---|---|---|
Sales | 332,654 | 212,627 | 185,330 |
Operating profit | 16,690 | -21,017 | -4,027 |
Net Income | 12,407 | -38,802 | -3,707 |
Disclosure
회사공고
COPYRIGHT 2019@DONGSUNG CORPORATION.ALL RIGHTS RESERVED.

COPYRIGHT 2019@DONGSUNG CORPORATION.ALL RIGHTS RESERVED.
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