Information
211 Gongdan-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
+82 55-261-3853
-
Overview
- Summary
- SEWON E&C Co., Ltd. is a specialized company in plant facilities and industrial hydraulic equipment, playing a pivotal role in building Korea's industrial infrastructure for over 40 years since its establishment in 1971. The company was originally founded as Miwon Heavy Industries, a chemical plant facility manufacturer for the former Miwon Group (now Daesang Group). It provides solutions to domestic and international markets based on its core technologies in manufacturing petrochemical, refining, gas, and power plant equipment, as well as ultra-precision hydraulic equipment. Recently, the company has been attempting to diversify its portfolio into new businesses such as bio & healthcare, secondary battery equipment manufacturing, and OLED light patches. However, since 2022, the company has faced severe management crises, including allegations of embezzlement and breach of trust by management, auditor's disclaimer of opinion, a delisting decision, and ongoing management disputes.SEWON E&C Co., Ltd. is a specialized company in plant facilities and industrial hydraulic equipment, playing a pivotal role in building Korea's industrial infrastructure for over 40 years since its establishment in 1971. The company was originally founded as Miwon Heavy Industries, a chemical plant facility manufacturer for the former Miwon Group (now Daesang Group). It provides solutions to domestic and international markets based on its core technologies in manufacturing petrochemical, refining, gas, and power plant equipment, as well as ultra-precision hydraulic equipment. Recently, the company has been attempting to diversify its portfolio into new businesses such as bio & healthcare, secondary battery equipment manufacturing, and OLED light patches. However, since 2022, the company has faced severe management crises, including allegations of embezzlement and breach of trust by management, auditor's disclaimer of opinion, a delisting decision, and ongoing management disputes.
- Key Products/Technologies
- Plant Equipment Manufacturing: Design and manufacturing capabilities for core process equipment used in petrochemical, refining, gas, and power plants. Possesses extensive experience in manufacturing various process reactors, including CCR Platforming Reactor, FCC Reactor, PDH Reactor, Water Cooled Methanol Reactor, Hydro-Treating Reactor, SM Reactor, and HPPO Reactor. Also skilled in producing various pressure vessels and heat exchangers such as Drums, Towers & Columns, and S&T Heat Exchangers.Plant Equipment Manufacturing: Design and manufacturing capabilities for core process equipment used in petrochemical, refining, gas, and power plants. Possesses extensive experience in manufacturing various process reactors, including CCR Platforming Reactor, FCC Reactor, PDH Reactor, Water Cooled Methanol Reactor, Hydro-Treating Reactor, SM Reactor, and HPPO Reactor. Also skilled in producing various pressure vessels and heat exchangers such as Drums, Towers & Columns, and S&T Heat Exchangers.
- Industrial Hydraulic Equipment: Production of ultra-precision hydraulic equipment including hydraulic pumps (piston pumps, gear pumps, variable vane pumps), hydraulic valves (pressure control valves, flow control valves, directional control valves, modular valves, proportional control valves), and hydraulic cylinders (industrial actuators, construction machinery actuators). Accumulation of know-how through three technical partnerships with Japanese hydraulic specialist YUKEN. Successful mass production of large-capacity proportional pressure control valves for the first time in Korea and participation in the hydraulic sector of the Naro rocket launch.Industrial Hydraulic Equipment: Production of ultra-precision hydraulic equipment including hydraulic pumps (piston pumps, gear pumps, variable vane pumps), hydraulic valves (pressure control valves, flow control valves, directional control valves, modular valves, proportional control valves), and hydraulic cylinders (industrial actuators, construction machinery actuators). Accumulation of know-how through three technical partnerships with Japanese hydraulic specialist YUKEN. Successful mass production of large-capacity proportional pressure control valves for the first time in Korea and participation in the hydraulic sector of the Naro rocket launch.
- Hydraulic Systems: Supply of essential hydraulic systems for a wide range of automation systems, including iron and steelmaking facilities, power generation facilities, sluice gate opening and closing hydraulic facilities, various industrial facilities, control valve assemblers, construction machinery, transport machinery, and various industrial vehicles. Efforts to expand customized system production.Hydraulic Systems: Supply of essential hydraulic systems for a wide range of automation systems, including iron and steelmaking facilities, power generation facilities, sluice gate opening and closing hydraulic facilities, various industrial facilities, control valve assemblers, construction machinery, transport machinery, and various industrial vehicles. Efforts to expand customized system production.
- New Business Technologies: Pursuing portfolio diversification into bio and healthcare businesses. Addition of secondary battery equipment manufacturing to its business objectives. Completion of patent application for skin-adhering OLED light therapy devices through its investment in Kwang Bio.New Business Technologies: Pursuing portfolio diversification into bio and healthcare businesses. Addition of secondary battery equipment manufacturing to its business objectives. Completion of patent application for skin-adhering OLED light therapy devices through its investment in Kwang Bio.
- Core Advantages
- Over 40 Years of Industrial Infrastructure Construction Experience and Technology: Playing a pivotal role in building Korea's industrial infrastructure since its establishment in 1971, accumulating over 40 years of experience in plant and hydraulic technologies. A mid-sized enterprise with deep experience and technological prowess in the chemical plant sector.Over 40 Years of Industrial Infrastructure Construction Experience and Technology: Playing a pivotal role in building Korea's industrial infrastructure since its establishment in 1971, accumulating over 40 years of experience in plant and hydraulic technologies. A mid-sized enterprise with deep experience and technological prowess in the chemical plant sector.
- Ultra-Precision Hydraulic Equipment Technology and Quality Recognition: The hydraulic equipment sector requires ultra-precision machining technology, and the company boasts top-tier quality recognition in Korea based on know-how gained through three technical partnerships with Japanese hydraulic specialist YUKEN.Ultra-Precision Hydraulic Equipment Technology and Quality Recognition: The hydraulic equipment sector requires ultra-precision machining technology, and the company boasts top-tier quality recognition in Korea based on know-how gained through three technical partnerships with Japanese hydraulic specialist YUKEN.
- Global Market Competitiveness and Export Performance: A global competitor exporting plant equipment to various countries worldwide, including the Middle East. A track record of manufacturing and supplying over 1,500 large-scale equipment units to more than 50 countries globally over the past seven years.Global Market Competitiveness and Export Performance: A global competitor exporting plant equipment to various countries worldwide, including the Middle East. A track record of manufacturing and supplying over 1,500 large-scale equipment units to more than 50 countries globally over the past seven years.
- Diversified Business Portfolio and Efforts to Secure Future Growth Engines: Strategic business diversification efforts to secure new growth engines beyond existing plant and hydraulic businesses, including bio & healthcare, secondary battery equipment, and OLED light patches.Diversified Business Portfolio and Efforts to Secure Future Growth Engines: Strategic business diversification efforts to secure new growth engines beyond existing plant and hydraulic businesses, including bio & healthcare, secondary battery equipment, and OLED light patches.
- Strict Quality Control and Adherence to International Standards: A system that supports customer success through accumulated innovative manufacturing technologies and strict quality control. Possesses design and manufacturing capabilities in accordance with international standards and regulations such as ASME, PD5500, JIS, PED, ISO 9001, and ISO 14001.Strict Quality Control and Adherence to International Standards: A system that supports customer success through accumulated innovative manufacturing technologies and strict quality control. Possesses design and manufacturing capabilities in accordance with international standards and regulations such as ASME, PD5500, JIS, PED, ISO 9001, and ISO 14001.
- Target Industries
- Petrochemical IndustryPetrochemical Industry
- Refining IndustryRefining Industry
- Gas IndustryGas Industry
- Power Plant IndustryPower Plant Industry
- Automotive IndustryAutomotive Industry
- Machine Tool IndustryMachine Tool Industry
- Iron and Steelmaking IndustryIron and Steelmaking Industry
- Non-ferrous Metal Facility IndustryNon-ferrous Metal Facility Industry
- Injection Molding and Press IndustryInjection Molding and Press Industry
- Construction Equipment IndustryConstruction Equipment Industry
- Industrial Vehicle IndustryIndustrial Vehicle Industry
- Shipbuilding and Marine IndustryShipbuilding and Marine Industry
- Regenerative Medicine FieldRegenerative Medicine Field
- Cosmetic Raw Material MarketCosmetic Raw Material Market
- Secondary Battery IndustrySecondary Battery Industry
- Major Markets
- Various countries worldwide including the Middle East (over 50 countries)Various countries worldwide including the Middle East (over 50 countries)
- Various countries worldwide (over 50 countries)Various countries worldwide (over 50 countries)
- Various countries worldwide (over 50 countries)Various countries worldwide (over 50 countries)
- Certifications/Patents
- ISO 9001 (Design, development, production, sales, and supplementary services for hydraulic equipment and systems)ISO 9001 (Design, development, production, sales, and supplementary services for hydraulic equipment and systems)
- ISO 14001ISO 14001
- ASME (American Society of Mechanical Engineers)ASME (American Society of Mechanical Engineers)
- PD5500 (British Standard for Pressure Vessels)PD5500 (British Standard for Pressure Vessels)
- JIS (Japanese Industrial Standards)JIS (Japanese Industrial Standards)
- PED (European Pressure Equipment Directive)PED (European Pressure Equipment Directive)
- CE Mark acquisition (Solenoid v/v DSG-01, DSG-03)CE Mark acquisition (Solenoid v/v DSG-01, DSG-03)
- Certification as a specialized component and material company (2009)Certification as a specialized component and material company (2009)
- Reliability certification for components and materials (multi-function control valve, overload protection type piston pump, solenoid relief valve)Reliability certification for components and materials (multi-function control valve, overload protection type piston pump, solenoid relief valve)
- Possession of 84 patent applications and 48 registered patents (2004-2021)Possession of 84 patent applications and 48 registered patents (2004-2021)
- Completion of patent application for skin-adhering OLED light therapy devices through invested company Kwang BioCompletion of patent application for skin-adhering OLED light therapy devices through invested company Kwang Bio
Introduction
Location
211 Gongdan-ro, Seongsan-gu, Changwon-si, Gyeongsangnam-do, South Korea
클릭하여 위치 살펴보기
