Dongsung Finetec, the world’s only company specializing in cryogenic insulation material

System for the Future, Scale of Global No.1

Dongsung Finetec
creats a system for the future.


Since its establishment in 1985, Dongsung Finetec has grown into the company equipped with the world’s only cryogenic insulation integrated production system, starting with the polyurethane fine chemical business. Occupying about 60% of the global market for LNG cold insulation material, the company is operating polyurethane system, cryogenic insulation material, disaster prevention, and refrigerant businesses, and is operating more than 5 business sites in Korea and abroad.

Dongsung Finetec, which reads customers and leads the world, plans to reorganize its business units into shipbuilding, offshore/plant, and PU business with the spirit of constant challenge, to solidify its position as the world’s No. 1 in cryogenic material sector.

Dongsung Finetec has been supplying LNG cargo-hold related products and constructing thermal insulation and cold insulation products to domestic and foreign shipyards for more than 20 years for over 20 years, and is recognized for its excellence in technology and products, by supplying various insulation materials to onshore storage tanks including KOGAS production bases, as well as in Japan, and China.

It is also leading the eco-friendly new refrigerant sector by taking the lead in supplying Freon alternative refrigerant products and providing new technologies. Dongsung Finetec is striving to open a greater future by pioneering the global market with technologies that safeguard customers’ lives and assets and protect the precious value of the environment for the next generation.

  • C.E.O Wan-Soo Ryu
  • Established on 1985. 8. 7.
  • Major ProductsPolyurethane system, cryogenic insulation material, disaster prevention material, refrigerant
  • Main Phone+82-31-677-7000
  • Business Sites
    • Main Office. 99, Sinsan-ro, Saha-gu, Busan, Korea
    • Ansung Plant 1. 120, Hyeopdonghanji-gil, Miyang-myeon, Anseong-si, Gyeonggi-do, Korea
    • Ansung Plant 2. 61, 1-gil industrial Complex Ⅱ,  Miyang-myeon, Anseong-si, Gyeonggi-do, Korea
    • R&D Center. 59, Hyeopdongdanji-gil, Miyang-myeon, Anseong-si, Gyeonggi-do, Korea
    • Gyeongsangnam-do. 22-5, Amni 3-gil, Samdong-myeon, Ulju-gun, Ulsan, Korea
    • Tongyeong . 9, Chunwon 1-ro, Gwangdo-myeon, Tongyeong-si, Gyeongsangnam-do, Korea
Stock Information
Financial Status

Balance Sheet Unit: million KRW


FY 2018Y FY 2019Y FY 2020Y
Total Assets 205,083 263,075 246,498
Current assets 83,627 143,369 128,036
non-current assets 121,456 119,707 118,462
Total Liabilities 131,147 168,182 136,730
Current liabilities 116,459 105,624 124,872
non-current liabilities 14,688 62,558 11,858
Total Assets 73,936 94,893 109,768

Income Statement Unit: million KRW


FY 2018Y FY 2019Y FY 2020Y
Revenue 188,129 253,272 387,966
Operating profit -8,529 26,937 31,976
Net profit -10,038 16,877 21,278
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