Affiliates – Dongsung FineTec – 동성코퍼레이션

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.)

View Location CI Download

History

2010’s

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)

2000’s

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

1980’s - 1990’s

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

Product Introduction

Cryogenic insulation (LNG)

Pipe Insulation (PIR)

Tank Insulation (LPG, LEG)

LNG Fuel tank

Disaster Prevention

Innovation to create a better life and world

Business Area

Shipbuilding, Marine Equipment

Insulation System LNG Terminal Insulation

Industrial material

Refrigerant gas Disaster Prevention Building and Construction (Insulation)

Stock Info

Management Info

Financial Status Table Unit: million won

동성화인텍

	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