KORENS is a global company specializing in automotive and E-mobility heat exchanger modules and thermal management systems, leveraging eco-friendly technologies. The company offers a diverse product portfolio, ranging from exhaust gas recirculation (EGR) system components for internal combustion engine vehicles to core thermal management solutions for future mobility such as electric and hydrogen fuel cell vehicles, contributing to carbon neutrality goals through technological innovation. KORENS holds a leading global market share in EGR coolers and is enhancing its manufacturing competitiveness by building AI-powered autonomous factories.KORENSisaglobalcompanyspecializinginautomotiveandE-mobilityheatexchangermodulesandthermalmanagementsystems,leveragingeco-friendlytechnologies.Thecompanyoffersadiverseproductportfolio,rangingfromexhaustgasrecirculation(EGR)systemcomponentsforinternalcombustionenginevehiclestocorethermalmanagementsolutionsforfuturemobilitysuchaselectricandhydrogenfuelcellvehicles,contributingtocarbonneutralitygoalsthroughtechnologicalinnovation.KORENSholdsaleadingglobalmarketshareinEGRcoolersandisenhancingitsmanufacturingcompetitivenessbybuildingAI-poweredautonomousfactories.
Key Products/TechnologiesKeyProducts/Technologies
Automotive Heat Exchanger Modules: EGR modules, EGR coolers (for diesel and gasoline engines), EGR pipes, oil coolers, and ATF warmers, enhancing engine efficiency and reducing exhaust gases in internal combustion engine vehicles. EGR coolers specifically facilitate heat exchange between exhaust gases and coolant, recirculating exhaust gases to the combustion chamber to reduce emissions in diesel engines and improve fuel efficiency in gasoline engines.AutomotiveHeatExchangerModules:EGRmodules,EGRcoolers(fordieselandgasolineengines),EGRpipes,oilcoolers,andATFwarmers,enhancingengineefficiencyandreducingexhaustgasesininternalcombustionenginevehicles.EGRcoolersspecificallyfacilitateheatexchangebetweenexhaustgasesandcoolant,recirculatingexhaustgasestothecombustionchambertoreduceemissionsindieselenginesandimprovefuelefficiencyingasolineengines.
E-Mobility Heat Exchanger Modules: Chillers/integrated chillers, air heat exchangers, and cooling jackets, serving as critical components for maintaining optimal temperatures in electric vehicle batteries and hydrogen fuel cell systems. Battery thermal management systems involve efficient heat exchanger technologies for battery heating during vehicle startup and temperature maintenance during driving.E-MobilityHeatExchangerModules:Chillers/integratedchillers,airheatexchangers,andcoolingjackets,servingascriticalcomponentsformaintainingoptimaltemperaturesinelectricvehiclebatteriesandhydrogenfuelcellsystems.Batterythermalmanagementsystemsinvolveefficientheatexchangertechnologiesforbatteryheatingduringvehiclestartupandtemperaturemaintenanceduringdriving.
E-Mobility Integrated Heat Management System: With the advent of the electric vehicle era, the importance of battery thermal management systems for energy-efficient transportation is growing, focusing on maintaining optimal battery temperature for maximum efficiency and durability. The company possesses expertise in developing highly efficient, compact heat exchangers and systems for external heat exchange.E-MobilityIntegratedHeatManagementSystem:Withtheadventoftheelectricvehicleera,theimportanceofbatterythermalmanagementsystemsforenergy-efficienttransportationisgrowing,focusingonmaintainingoptimalbatterytemperatureformaximumefficiencyanddurability.Thecompanypossessesexpertiseindevelopinghighlyefficient,compactheatexchangersandsystemsforexternalheatexchange.
New Technology Development Status: The Exhaust Heat Reclamation System (EHRS) utilizes Rankine steam cycle technology to recover waste heat from automobiles, maximizing energy efficiency. The directly installed water-cooled ATF warmer reduces component count, wastewater, component size, and simplifies oil and coolant lines, contributing to improved fuel efficiency and reduced CO2 emissions. The fuel cell intermediary cooler incorporates heat exchanger technology to maintain appropriate temperatures during high-temperature heat generation within fuel cells.NewTechnologyDevelopmentStatus:TheExhaustHeatReclamationSystem(EHRS)utilizesRankinesteamcycletechnologytorecoverwasteheatfromautomobiles,maximizingenergyefficiency.Thedirectlyinstalledwater-cooledATFwarmerreducescomponentcount,wastewater,componentsize,andsimplifiesoilandcoolantlines,contributingtoimprovedfuelefficiencyandreducedCO2emissions.Thefuelcellintermediarycoolerincorporatesheatexchangertechnologytomaintainappropriatetemperaturesduringhigh-temperatureheatgenerationwithinfuelcells.
Production Technology: Strengthening manufacturing competitiveness through the establishment of smart factories, advanced manufacturing processes, and the introduction of digital process systems. The company aims to build AI-powered autonomous factories, targeting a 60% reduction in process setup time, a 50% decrease in defect rates, and over 30% less reliance on manual labor. Digital twin technology is used for virtual factory simulations to predict potential problems and enable preventive maintenance.ProductionTechnology:Strengtheningmanufacturingcompetitivenessthroughtheestablishmentofsmartfactories,advancedmanufacturingprocesses,andtheintroductionofdigitalprocesssystems.ThecompanyaimstobuildAI-poweredautonomousfactories,targetinga60%reductioninprocesssetuptime,a50%decreaseindefectrates,andover30%lessrelianceonmanuallabor.Digitaltwintechnologyisusedforvirtualfactorysimulationstopredictpotentialproblemsandenablepreventivemaintenance.
Core AdvantagesCoreAdvantages
Leading Technology in Eco-friendly Thermal Management Systems: A comprehensive portfolio of eco-friendly technologies, covering exhaust gas recirculation (EGR) system components for internal combustion engine vehicles and core thermal management solutions for future mobility like electric and hydrogen fuel cell vehicles. KORENS maintains a dominant position with the world's largest market share in EGR coolers.LeadingTechnologyinEco-friendlyThermalManagementSystems:Acomprehensiveportfolioofeco-friendlytechnologies,coveringexhaustgasrecirculation(EGR)systemcomponentsforinternalcombustionenginevehiclesandcorethermalmanagementsolutionsforfuturemobilitylikeelectricandhydrogenfuelcellvehicles.KORENSmaintainsadominantpositionwiththeworld'slargestmarketshareinEGRcoolers.
Global OEM Network and Export Competitiveness: Leveraging a top-tier global OEM network to supply products to major automotive manufacturers and suppliers across Asia, Europe, and North America. Achievements include receiving the '100 Million Dollar Export Tower' in 2014 and the 'Prime Minister's Commendation' and '200 Million Dollar Export Tower' in 2025, demonstrating strong global market presence.GlobalOEMNetworkandExportCompetitiveness:Leveragingatop-tierglobalOEMnetworktosupplyproductstomajorautomotivemanufacturersandsuppliersacrossAsia,Europe,andNorthAmerica.Achievementsincludereceivingthe'100MillionDollarExportTower'in2014andthe'PrimeMinister'sCommendation'and'200MillionDollarExportTower'in2025,demonstratingstrongglobalmarketpresence.
Future Mobility and Carbon Neutrality Strategy: Focused on leading core technologies for future mobility, including electric vehicles, hydrogen fuel cells, and UAM (Urban Air Mobility), and committed to developing energy-efficient technologies for achieving carbon neutrality by 2030. The company pursues sustainable growth through business diversification and strategic operations, with a goal to develop industries utilizing nanomaterials.FutureMobilityandCarbonNeutralityStrategy:Focusedonleadingcoretechnologiesforfuturemobility,includingelectricvehicles,hydrogenfuelcells,andUAM(UrbanAirMobility),andcommittedtodevelopingenergy-efficienttechnologiesforachievingcarbonneutralityby2030.Thecompanypursuessustainablegrowththroughbusinessdiversificationandstrategicoperations,withagoaltodevelopindustriesutilizingnanomaterials.
Smart Factory and AI-driven Manufacturing Innovation: Participation in the Ministry of Science and ICT's 'PINN Model Manufacturing Convergence Data Collection and Demonstration Project' to establish AI-powered autonomous factories. Implementation of digital twin and Facility Energy Management System (FEMS) to maximize productivity, quality, and energy efficiency, realizing intelligent manufacturing processes.SmartFactoryandAI-drivenManufacturingInnovation:ParticipationintheMinistryofScienceandICT's'PINNModelManufacturingConvergenceDataCollectionandDemonstrationProject'toestablishAI-poweredautonomousfactories.ImplementationofdigitaltwinandFacilityEnergyManagementSystem(FEMS)tomaximizeproductivity,quality,andenergyefficiency,realizingintelligentmanufacturingprocesses.
Robust R&D Capabilities and Technological Innovation: Systematically securing core technologies and conducting customer-oriented R&D activities based on 15 registered domestic and international patents and a team of 58 specialized R&D personnel. Dedicated to new product development and identifying future growth engines through continuous technological innovation.RobustR&DCapabilitiesandTechnologicalInnovation:Systematicallysecuringcoretechnologiesandconductingcustomer-orientedR&Dactivitiesbasedon15registereddomesticandinternationalpatentsandateamof58specializedR&Dpersonnel.Dedicatedtonewproductdevelopmentandidentifyingfuturegrowthenginesthroughcontinuoustechnologicalinnovation.
Commitment to ESG Management and Social Responsibility: Establishing a mid-to-long-term roadmap through a dedicated ESG organization, achieving a B-grade in the Carbon Disclosure Project (CDP), and receiving the Gyeongsangnam-do Governor's Commendation for excellent ESG practices. Fostering a win-win labor-management culture, prioritizing safety in management, and engaging in various social contribution activities for sustainable business operations.CommitmenttoESGManagementandSocialResponsibility:Establishingamid-to-long-termroadmapthroughadedicatedESGorganization,achievingaB-gradeintheCarbonDisclosureProject(CDP),andreceivingtheGyeongsangnam-doGovernor'sCommendationforexcellentESGpractices.Fosteringawin-winlabor-managementculture,prioritizingsafetyinmanagement,andengaginginvarioussocialcontributionactivitiesforsustainablebusinessoperations.
Target IndustrieTargetIndustrie
Automotive Industry: Exhaust Gas Recirculation (EGR) systems, oil coolers, and ATF warmers for internal combustion engine vehicles, enhancing engine efficiency and reducing emissions.AutomotiveIndustry:ExhaustGasRecirculation(EGR)systems,oilcoolers,andATFwarmersforinternalcombustionenginevehicles,enhancingengineefficiencyandreducingemissions.
E-Mobility Industry: Battery thermal management systems, integrated thermal management systems, and fuel cell intermediary coolers for eco-friendly mobility solutions such as electric vehicles, hydrogen fuel cell vehicles, and UAM (Urban Air Mobility).E-MobilityIndustry:Batterythermalmanagementsystems,integratedthermalmanagementsystems,andfuelcellintermediarycoolersforeco-friendlymobilitysolutionssuchaselectricvehicles,hydrogenfuelcellvehicles,andUAM(UrbanAirMobility).
Defense Sector: Future business diversification plans include expanding into aerospace, marine, and defense sectors as an integrated thermal management system specialist.DefenseSector:Futurebusinessdiversificationplansincludeexpandingintoaerospace,marine,anddefensesectorsasanintegratedthermalmanagementsystemspecialist.
Nanomaterials Industry: Successful mass production of hydrogen fuel cell catalysts using electron beam processes and commercialization of electron beam devices for nanomaterials, leading to entry into advanced industrial fields like highly conductive nanoparticles and biosensor materials.NanomaterialsIndustry:Successfulmassproductionofhydrogenfuelcellcatalystsusingelectronbeamprocessesandcommercializationofelectronbeamdevicesfornanomaterials,leadingtoentryintoadvancedindustrialfieldslikehighlyconductivenanoparticlesandbiosensormaterials.
Major MarketsMajorMarkets
South Korea (headquarters and main production base), China (production and export base), Japan (key market), Vietnam (export market), Hong Kong (export market), Southeast Asia (exploring container inspection equipment export)SouthKorea(headquartersandmainproductionbase),China(productionandexportbase),Japan(keymarket),Vietnam(exportmarket),HongKong(exportmarket),SoutheastAsia(exploringcontainerinspectionequipmentexport)
Germany (European subsidiary established and key market), United Kingdom (key market), Belgium (key market), Austria (key market), France (key market), Italy (key market), Netherlands (key market), Spain (key market)Germany(Europeansubsidiaryestablishedandkeymarket),UnitedKingdom(keymarket),Belgium(keymarket),Austria(keymarket),France(keymarket),Italy(keymarket),Netherlands(keymarket),Spain(keymarket)
United States (North American subsidiary established and major export market), Canada (key market)UnitedStates(NorthAmericansubsidiaryestablishedandmajorexportmarket),Canada(keymarket)
Latin America (exploring container inspection equipment export)LatinAmerica(exploringcontainerinspectionequipmentexport)
Certifications/PatentsCertifications/Patents
Technology Patents: Holds 15 registered domestic and international patents. Notably, obtained new technology certification for lightweight EGR coolers for passenger diesel engines using aluminum clad materials.TechnologyPatents:Holds15registereddomesticandinternationalpatents.Notably,obtainednewtechnologycertificationforlightweightEGRcoolersforpassengerdieselenginesusingaluminumcladmaterials.
Quality and Environmental Certifications: ISO 14001 certification for environmental activities and supporting processes related to the design and manufacturing of EGR coolers, EGR tubes, and tubes and fittings for automobiles.QualityandEnvironmentalCertifications:ISO14001certificationforenvironmentalactivitiesandsupportingprocessesrelatedtothedesignandmanufacturingofEGRcoolers,EGRtubes,andtubesandfittingsforautomobiles.
Occupational Health and Safety Certifications: ISO 45001 certification for occupational health and safety activities and supporting processes related to the design and manufacturing of EGR coolers, EGR cooler & valve modules, EGR tubes, oil coolers, and tubes and fittings for automobiles.OccupationalHealthandSafetyCertifications:ISO45001certificationforoccupationalhealthandsafetyactivitiesandsupportingprocessesrelatedtothedesignandmanufacturingofEGRcoolers,EGRcooler&valvemodules,EGRtubes,oilcoolers,andtubesandfittingsforautomobiles.
Awards: Received the GM Supplier of the Year Award in 2014, the Presidential Commendation for Job Creation from the Ministry of Employment and Labor, and the National Productivity Grand Prize in 2016. Awarded as an excellent R&D partner in 2017, the Minister of SMEs and Startups Award (Smart Factory establishment) and the 86th IR52 Jang Young Sil Award in 2018. Received the Prime Minister's Commendation and the '200 Million Dollar Export Tower' at the '11th Mid-sized Enterprises Day' in 2025.Awards:ReceivedtheGMSupplieroftheYearAwardin2014,thePresidentialCommendationforJobCreationfromtheMinistryofEmploymentandLabor,andtheNationalProductivityGrandPrizein2016.AwardedasanexcellentR&Dpartnerin2017,theMinisterofSMEsandStartupsAward(SmartFactoryestablishment)andthe86thIR52JangYoungSilAwardin2018.ReceivedthePrimeMinister'sCommendationandthe'200MillionDollarExportTower'atthe'11thMid-sizedEnterprisesDay'in2025.
Technological Competence: Achieved the world's first mass production of hydrogen fuel cell catalysts using electron beam processes. Expanded into advanced industrial fields such as highly conductive nanoparticles and biosensor materials through the commercialization of electron beam devices for nanomaterials.TechnologicalCompetence:Achievedtheworld'sfirstmassproductionofhydrogenfuelcellcatalystsusingelectronbeamprocesses.Expandedintoadvancedindustrialfieldssuchashighlyconductivenanoparticlesandbiosensormaterialsthroughthecommercializationofelectronbeamdevicesfornanomaterials.
Introduction
Location
116 Eogokgongdan-ro, Yangsan, Gyeongsangnam-do, South Korea
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116 Eogokgongdan-ro, Yangsan, Gyeongsangnam-do, South Korea