Hwaseung Material, a leading company in the rubber industry, specializes in producing advanced materials like CMB and TPE. Since 2023, it has been operating as the material business division of Hwaseung Corporation. With approximately 40 years of accumulated technology, the company leads the domestic material industry and continuously strives to enhance its competitiveness as a global material solution provider.HwaseungMaterial,aleadingcompanyintherubberindustry,specializesinproducingadvancedmaterialslikeCMBandTPE.Since2023,ithasbeenoperatingasthematerialbusinessdivisionofHwaseungCorporation.Withapproximately40yearsofaccumulatedtechnology,thecompanyleadsthedomesticmaterialindustryandcontinuouslystrivestoenhanceitscompetitivenessasaglobalmaterialsolutionprovider.
Key Products/TechnologiesKeyProducts/Technologies
CMB (Carbon Master Batch): South Korea's largest CMB manufacturer with an annual production capacity exceeding 100,000 tons. This composite rubber material serves as a raw material for various rubber-based products, including automotive parts and industrial applications.CMB(CarbonMasterBatch):SouthKorea'slargestCMBmanufacturerwithanannualproductioncapacityexceeding100,000tons.Thiscompositerubbermaterialservesasarawmaterialforvariousrubber-basedproducts,includingautomotivepartsandindustrialapplications.
TPE (Thermoplastic Elastomer): An eco-friendly, future-oriented new material combining the elasticity of rubber with the thermoplasticity of plastic. It features excellent resilience, shock absorption, lightweight properties, and recyclability. The company targets the global market with its self-developed brands, THERMOPRENE and Hyperprene.TPE(ThermoplasticElastomer):Aneco-friendly,future-orientednewmaterialcombiningtheelasticityofrubberwiththethermoplasticityofplastic.Itfeaturesexcellentresilience,shockabsorption,lightweightproperties,andrecyclability.Thecompanytargetstheglobalmarketwithitsself-developedbrands,THERMOPRENEandHyperprene.
TPV (Thermoplastic Vulcanizate): A type of TPE that combines EPDM and olefin-based base materials. It offers superior elasticity, weather resistance, heat resistance, and low specific gravity for lightweight applications. The company has developed technology for high-foaming cell control, reducing material weight by approximately 30% (from 0.96 to 0.67 specific gravity).TPV(ThermoplasticVulcanizate):AtypeofTPEthatcombinesEPDMandolefin-basedbasematerials.Itofferssuperiorelasticity,weatherresistance,heatresistance,andlowspecificgravityforlightweightapplications.Thecompanyhasdevelopedtechnologyforhigh-foamingcellcontrol,reducingmaterialweightbyapproximately30%(from0.96to0.67specificgravity).
Defense Business: Business areas including stealth, fuel tanks, dustproof mounts, and composite structures for the defense industry.DefenseBusiness:Businessareasincludingstealth,fueltanks,dustproofmounts,andcompositestructuresforthedefenseindustry.
Marine Industry: Development of production technology for marine materials, such as stern tube seals, a key component for ship propulsion shafts, as well as fenders and hatch covers.MarineIndustry:Developmentofproductiontechnologyformarinematerials,suchassterntubeseals,akeycomponentforshippropulsionshafts,aswellasfendersandhatchcovers.
New Material Development: Capabilities in developing eco-friendly upcycle materials, eco-friendly convergence materials from waste elastic materials, and customized functional elastomers.NewMaterialDevelopment:Capabilitiesindevelopingeco-friendlyupcyclematerials,eco-friendlyconvergencematerialsfromwasteelasticmaterials,andcustomizedfunctionalelastomers.
Compound Development Technology: Over 40 years of accumulated technical expertise resulting in the development of approximately 1,500 types of CMB, TPE, and silicone compounds.CompoundDevelopmentTechnology:Over40yearsofaccumulatedtechnicalexpertiseresultinginthedevelopmentofapproximately1,500typesofCMB,TPE,andsiliconecompounds.
Core AdvantagesCoreAdvantages
No. 1 Market Share in Korea: Leading position as the largest manufacturer in the domestic CMB sector and the top company in the TPE field.No.1MarketShareinKorea:LeadingpositionasthelargestmanufacturerinthedomesticCMBsectorandthetopcompanyintheTPEfield.
Over 40 Years of Accumulated Technology and R&D Capabilities: Development of over 1,500 types of CMB, TPE, and silicone compounds, coupled with continuous technological investment and management innovation. Proprietary development of optimized high-speed rotating and low-heat screw combinations for TPV production, enabling high-functional mass production.Over40YearsofAccumulatedTechnologyandR&DCapabilities:Developmentofover1,500typesofCMB,TPE,andsiliconecompounds,coupledwithcontinuoustechnologicalinvestmentandmanagementinnovation.Proprietarydevelopmentofoptimizedhigh-speedrotatingandlow-heatscrewcombinationsforTPVproduction,enablinghigh-functionalmassproduction.
Eco-friendly and Future-Oriented Material Development: Focus on developing eco-friendly new materials like TPE and TPV, possessing recyclable material technologies. Plans for developing next-generation eco-friendly new materials such as bio-TPV, antimicrobial TPV, and non-halogen flame-retardant TPV.Eco-friendlyandFuture-OrientedMaterialDevelopment:Focusondevelopingeco-friendlynewmaterialslikeTPEandTPV,possessingrecyclablematerialtechnologies.Plansfordevelopingnext-generationeco-friendlynewmaterialssuchasbio-TPV,antimicrobialTPV,andnon-halogenflame-retardantTPV.
Global Production and Sales Network: Operation of overseas production facilities and sales subsidiaries in China (Taicang), India (Chennai), and Vietnam (Hanoi). Expansion of export markets to Japan, China, India, Australia, New Zealand, the Americas, the Middle East, and Europe.GlobalProductionandSalesNetwork:OperationofoverseasproductionfacilitiesandsalessubsidiariesinChina(Taicang),India(Chennai),andVietnam(Hanoi).ExpansionofexportmarketstoJapan,China,India,Australia,NewZealand,theAmericas,theMiddleEast,andEurope.
Diversified Business Portfolio: Expansion of material applications beyond automotive parts to defense, marine, construction, medical devices, footwear, electrical/electronics, and household products.DiversifiedBusinessPortfolio:Expansionofmaterialapplicationsbeyondautomotivepartstodefense,marine,construction,medicaldevices,footwear,electrical/electronics,andhouseholdproducts.
Provision of Customized Solutions: Offering technical services from material combination solutions to process optimization, beyond simple material supply.ProvisionofCustomizedSolutions:Offeringtechnicalservicesfrommaterialcombinationsolutionstoprocessoptimization,beyondsimplematerialsupply.
Target IndustriesTargetIndustries
Automotive Parts (Weather Strips, Hoses, Boots, Sheets, sealing, instrument panels, door trims, air duct hoses, lightweight components, EV and hydrogen vehicle parts, thermal management system components)AutomotiveParts(WeatherStrips,Hoses,Boots,Sheets,sealing,instrumentpanels,doortrims,airducthoses,lightweightcomponents,EVandhydrogenvehicleparts,thermalmanagementsystemcomponents)
Shipbuilding and Marine Industry (fenders, stern tube seals, hatch covers)ShipbuildingandMarineIndustry(fenders,sterntubeseals,hatchcovers)
Defense Industry (stealth, fuel tanks, dustproof mounts, composite structures)DefenseIndustry(stealth,fueltanks,dustproofmounts,compositestructures)
Construction Materials (window gaskets, expansion joints, plumbing, window packing)ConstructionMaterials(windowgaskets,expansionjoints,plumbing,windowpacking)
Home Appliances and Products (home appliance components, handles for various tools and household items, smartwatches, knee pads)HomeAppliancesandProducts(homeappliancecomponents,handlesforvarioustoolsandhouseholditems,smartwatches,kneepads)
Medical Devices (plunger seals for medical syringes, medical supplies)MedicalDevices(plungersealsformedicalsyringes,medicalsupplies)
Steelmaking Industry (Lance hoses)SteelmakingIndustry(Lancehoses)
Packaging MaterialsPackagingMaterials
Major MarketsMajorMarkets
AfricaAfrica
Vietnam, Indonesia, India, China, South Korea, Sri Lanka, Middle EastVietnam,Indonesia,India,China,SouthKorea,SriLanka,MiddleEast
Russia, Across EuropeRussia,AcrossEurope
USA, Americas regionUSA,Americasregion
Australia, New ZealandAustralia,NewZealand
South AmericaSouthAmerica
Certifications/PatentsCertifications/Patents
ISO 9000:9001 certification (acquired March 2004)ISO9000:9001certification(acquiredMarch2004)
SQ Mark acquisition (Hyundai-Kia Automotive Group supplier quality certification) (February 2006)SQMarkacquisition(Hyundai-KiaAutomotiveGroupsupplierqualitycertification)(February2006)
ISO/TS 16949:2009 certification (acquired December 2009)ISO/TS16949:2009certification(acquiredDecember2009)
Transition to IATF 16949:2016 certification (January 2018)TransitiontoIATF16949:2016certification(January2018)
ISO 14001/45001 certification (acquired December 2018)ISO14001/45001certification(acquiredDecember2018)
ISO certification for TPE productsISOcertificationforTPEproducts
Technological capability to develop 1,500 types of CMB and TPE compoundsTechnologicalcapabilitytodevelop1,500typesofCMBandTPEcompounds
Proprietary development of optimized high-speed rotating and low-heat screw combinations for TPV production technologyProprietarydevelopmentofoptimizedhigh-speedrotatingandlow-heatscrewcombinationsforTPVproductiontechnology
Development of foamed TPV materials through high-foaming cell control technologyDevelopmentoffoamedTPVmaterialsthroughhigh-foamingcellcontroltechnology
Introduction
Location
11 Yusangongdan 2-gil, Yangsan, Gyeongsangnam-do, South Korea
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Information
11 Yusangongdan 2-gil, Yangsan, Gyeongsangnam-do, South Korea