The world’s only company specializing in cryogenic insulation materialDongsung Finetec

System for the Future, Scale of Global No.1

Dongsung Finetec
creats a system for the future.

DONGSUNG FINETEC

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


finetec_total

FY 2019Y FY 2020Y FY 2021Y
Total Assets 263,075 246,498 294,813
Current assets 143,369 128,036 178,475
non-current assets 119,707 118,462 116,338
Total Liabilities 168,182 136,729 152,771
Current liabilities 105,624 124,872 135,108
non-current liabilities 94,893 109,768 142,042
Total Assets 73,936 94,893 109,768

Income Statement Unit: million KRW

finetec_revenue_eng

FY 2019Y FY 2020Y FY 2021Y
Revenue 238,407 387,129 363,883
Operating profit 26,543 45,904 33,047
Net profit 17,534 20,790 23,061
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dongsung@idongsung.com