History

Working for Humanity

Dongsung FineTec Co., Ltd. aims to win our customers’ hearts.

Dongsung FineTec Co., Ltd. was established in 1985 and since then has led the ultralow temperature cold insulation business of LNG vessels in the world with its new technology, new engineering, and new products developed through continuous business innovation.

1985 ~ Present

  • 2017 10

    Established the “Dongsung LTS”

  •   03

    Appointed Mr. Ryu Wan Soo as CEO

  • 2016 07

    Developed the high-fire retardant insulation material for LPG carriers

  • 2015 07

    Obtained the world’s first BOR 0.085% GTT certificate

  •   04

    Incorporated as “Dongsung Finetec America LLC

  • 2013 09

    Received the “Presidential Citation” and the “Golden Excellence Prize” at the 37th National Producti

  • 2012 10

    Dongsung Finetec won the order for the world’s first LNG-FPSO (Shell-Samsung Heavy Industries)

  • 2010 07

    Acquired a patent for “an apparatus and method for forming corner pieces membrane for an LNG storage

    - Acquired a patent for “an apparatus and method for forming corner pieces membrane for an LNG storage

  •   05

    Acquired a patent for “the method for forming a secondary barrier for an LNG storage tank

  • 2009 12

    Dongsung Finetec became a member of Dongsung Group

  • 2008 11

    Received the “Presidential Award” at the Korea Precision Industry Technology Competition

  • 2007 11

    Received the “USD 100 Million Export Tower” Prize during the “Trade Day”

  •   08

    The cryogenic insulation PU was nominated as the “World’s Best Product” by the Ministry of Commerce,

  • 2006 10

    Obtained ISO 9001:2000 and ISO 14000 certificates / Started producing CNG products for NGV

  • 2001 03

    Started the LNG membrane business

  • 1998 05

    Started the LNG carrier insulation panel business / Started producing insulation panels for LNG tank

  • 1997 12

    Dongsung Finetec has been listed in the KOSDAQ

  •   05

    Dongsung Finetec’s research and development center was established

  •   03

    Dongsung Finetec’s R-PUF technology was approved by GTT 1997

  • 1990 08

    Completed the construction of the “Polyurethane System House”

  • 1985 09

    Founded the company