Samyoung M-TEK Co., Ltd. is an industrial material specialist established in 1997, producing world-class products in internal combustion engine structural materials, structural materials, industrial machinery structural materials, and wind power equipment sectors. The company has achieved the top position in the domestic market for large marine engine parts and exclusively produces large suspension bridge steel castings both domestically and internationally, demonstrating growth based on excellent technology and quality. It maintains high global market shares, particularly in Main Bearing Support (MBS), a core component of ship engines, and pallet cars for mining plant facilities. The company possesses capabilities to participate in major domestic and international infrastructure construction and heavy industry projects, producing core components for social overhead capital (SOC) and high-value-added steel castings.SamyoungM-TEKCo.,Ltd.isanindustrialmaterialspecialistestablishedin1997,producingworld-classproductsininternalcombustionenginestructuralmaterials,structuralmaterials,industrialmachinerystructuralmaterials,andwindpowerequipmentsectors.Thecompanyhasachievedthetoppositioninthedomesticmarketforlargemarineenginepartsandexclusivelyproduceslargesuspensionbridgesteelcastingsbothdomesticallyandinternationally,demonstratinggrowthbasedonexcellenttechnologyandquality.Itmaintainshighglobalmarketshares,particularlyinMainBearingSupport(MBS),acorecomponentofshipengines,andpalletcarsforminingplantfacilities.Thecompanypossessescapabilitiestoparticipateinmajordomesticandinternationalinfrastructureconstructionandheavyindustryprojects,producingcorecomponentsforsocialoverheadcapital(SOC)andhigh-value-addedsteelcastings.
Key Products/TechnologiesKeyProducts/Technologies
The main product categories consist of internal combustion engine structural materials, structural materials, industrial machinery structural materials, and wind power equipment.Themainproductcategoriesconsistofinternalcombustionenginestructuralmaterials,structuralmaterials,industrialmachinerystructuralmaterials,andwindpowerequipment.
For internal combustion engine structural materials, the Main Bearing Support (MBS), assembled into engine blocks of large marine and power generation internal combustion engines to support the crankshaft's main bearing, is designated as a world-class product.Forinternalcombustionenginestructuralmaterials,theMainBearingSupport(MBS),assembledintoengineblocksoflargemarineandpowergenerationinternalcombustionenginestosupportthecrankshaft'smainbearing,isdesignatedasaworld-classproduct.
Other marine engine components include Cylinder Covers (material HBC-03, weight 1,500kg ~ 4,000kg) and Chain Wheels (material SC480, weight 500kg ~ 3,000kg).OthermarineenginecomponentsincludeCylinderCovers(materialHBC-03,weight1,500kg~4,000kg)andChainWheels(materialSC480,weight500kg~3,000kg).
Structural materials encompass a diverse range of bridge bearing products such as elastic bearings, spherical bearings, pot bearings, seismic isolation bearings (LRB, CSD, ESD, HDRB, Pendulum, EDD models), quake-resistant bearings, and flexible joint equipment, which support vertical loads and allow horizontal movement in bridges and buildings.Structuralmaterialsencompassadiverserangeofbridgebearingproductssuchaselasticbearings,sphericalbearings,potbearings,seismicisolationbearings(LRB,CSD,ESD,HDRB,Pendulum,EDDmodels),quake-resistantbearings,andflexiblejointequipment,whichsupportverticalloadsandallowhorizontalmovementinbridgesandbuildings.
Notably, the Channel Damper (SMCB-Beam type, SMCB-Brace type) for seismic energy absorption utilizes low-yield-point steel as a core material for seismic energy dissipation and buckling restraint.Notably,theChannelDamper(SMCB-Beamtype,SMCB-Bracetype)forseismicenergyabsorptionutilizeslow-yield-pointsteelasacorematerialforseismicenergydissipationandbucklingrestraint.
Industrial machinery structural materials include core components for steelmaking, power generation (hydro, nuclear, thermal), and cement facilities, with pallet cars for iron ore pellet plants and parts for hydraulic and nuclear power generation facilities being representative.Industrialmachinerystructuralmaterialsincludecorecomponentsforsteelmaking,powergeneration(hydro,nuclear,thermal),andcementfacilities,withpalletcarsforironorepelletplantsandpartsforhydraulicandnuclearpowergenerationfacilitiesbeingrepresentative.
Wind power equipment involves the production of key components for wind power generation systems, such as generators, gearboxes, bearings, and main shafts.Windpowerequipmentinvolvestheproductionofkeycomponentsforwindpowergenerationsystems,suchasgenerators,gearboxes,bearings,andmainshafts.
Core AdvantagesCoreAdvantages
Samyoung M-TEK holds a market-leading position, securing the top spot in the domestic market for large marine engine parts, with its MBS (Main Bearing Support) product recognized as a world-class item by domestic and international customers.SamyoungM-TEKholdsamarket-leadingposition,securingthetopspotinthedomesticmarketforlargemarineengineparts,withitsMBS(MainBearingSupport)productrecognizedasaworld-classitembydomesticandinternationalcustomers.
The company also possesses an overwhelming competitive edge in specific high-value-added product areas, such as the exclusive domestic production of pallet cars for iron ore plant facilities, achieving a 75% global market share.Thecompanyalsopossessesanoverwhelmingcompetitiveedgeinspecifichigh-value-addedproductareas,suchastheexclusivedomesticproductionofpalletcarsforironoreplantfacilities,achievinga75%globalmarketshare.
A technological moat is established through the development of large marine engine MBS steel castings utilizing inclusion control casting technology and proprietary expertise across all stages of seismic isolation device design, manufacturing, testing, and inspection.AtechnologicalmoatisestablishedthroughthedevelopmentoflargemarineengineMBSsteelcastingsutilizinginclusioncontrolcastingtechnologyandproprietaryexpertiseacrossallstagesofseismicisolationdevicedesign,manufacturing,testing,andinspection.
Since its spin-off from Samsung Heavy Industries, the company has built technological competitiveness centered on high-pressure and cryogenic equipment, with capabilities to advance all processes, including materials, welding, and assembly, in line with the transition to eco-friendly vessels.Sinceitsspin-offfromSamsungHeavyIndustries,thecompanyhasbuilttechnologicalcompetitivenesscenteredonhigh-pressureandcryogenicequipment,withcapabilitiestoadvanceallprocesses,includingmaterials,welding,andassembly,inlinewiththetransitiontoeco-friendlyvessels.
Stable customer base and global supply chain are built through supplying MBS to major domestic marine engine manufacturers like HD Hyundai Heavy Industries, Hanwha Engine, and HD Hyundai Marine Engine, as well as maintaining long-term trusted relationships with prominent overseas companies such as Germany's OUTOTEC, Japan's Nippon Steel, and Kawasaki Steel.StablecustomerbaseandglobalsupplychainarebuiltthroughsupplyingMBStomajordomesticmarineenginemanufacturerslikeHDHyundaiHeavyIndustries,HanwhaEngine,andHDHyundaiMarineEngine,aswellasmaintaininglong-termtrustedrelationshipswithprominentoverseascompaniessuchasGermany'sOUTOTEC,Japan'sNipponSteel,andKawasakiSteel.
A diversified business portfolio, including plant equipment, marine engine structural materials, structural materials, and wind power equipment, provides a stable business structure capable of offsetting downturns in one industry with growth in others.Adiversifiedbusinessportfolio,includingplantequipment,marineenginestructuralmaterials,structuralmaterials,andwindpowerequipment,providesastablebusinessstructurecapableofoffsettingdownturnsinoneindustrywithgrowthinothers.
The company's product excellence and reliability are externally validated through a stringent quality management system and numerous domestic and international certifications and awards.Thecompany'sproductexcellenceandreliabilityareexternallyvalidatedthroughastringentqualitymanagementsystemandnumerousdomesticandinternationalcertificationsandawards.
Target IndustrieTargetIndustrie
Internal combustion engine structural materials are essential for the large marine diesel engine manufacturing market of Korea's top three shipbuilders, including HD Hyundai Heavy Industries, Hanwha Engine, and STX Engine.InternalcombustionenginestructuralmaterialsareessentialforthelargemarinedieselenginemanufacturingmarketofKorea'stopthreeshipbuilders,includingHDHyundaiHeavyIndustries,HanwhaEngine,andSTXEngine.
Structural materials are utilized in social overhead capital (SOC) infrastructure construction, such as bridges, airports, World Cup stadiums, high-speed rail, and subway stations, as well as general buildings.Structuralmaterialsareutilizedinsocialoverheadcapital(SOC)infrastructureconstruction,suchasbridges,airports,WorldCupstadiums,high-speedrail,andsubwaystations,aswellasgeneralbuildings.
Particularly, with the recent emphasis on large earthquake risks, an increase in demand for quake-resistant and seismic isolation bearings and channel dampers is anticipated due to the rise in buildings requiring seismic design and the expansion of seismic reinforcement projects for schools and public institutions.Particularly,withtherecentemphasisonlargeearthquakerisks,anincreaseindemandforquake-resistantandseismicisolationbearingsandchanneldampersisanticipatedduetotheriseinbuildingsrequiringseismicdesignandtheexpansionofseismicreinforcementprojectsforschoolsandpublicinstitutions.
Industrial machinery structural materials are employed as core components across heavy industries, including steelmaking facilities, power generation facilities (hydro, nuclear, thermal), cement facilities, and mining plants.Industrialmachinerystructuralmaterialsareemployedascorecomponentsacrossheavyindustries,includingsteelmakingfacilities,powergenerationfacilities(hydro,nuclear,thermal),cementfacilities,andminingplants.
Wind power equipment is applied in the wind power generation industry in response to policies expanding the share of renewable energy generation, with broad applicability also in the power generation and industrial machinery sectors.Windpowerequipmentisappliedinthewindpowergenerationindustryinresponsetopoliciesexpandingtheshareofrenewableenergygeneration,withbroadapplicabilityalsointhepowergenerationandindustrialmachinerysectors.
The company's products are also applied in various industrial material components such as construction heavy equipment, railway vehicles, and commercial vehicle parts.Thecompany'sproductsarealsoappliedinvariousindustrialmaterialcomponentssuchasconstructionheavyequipment,railwayvehicles,andcommercialvehicleparts.
Major MarketsMajorMarkets
Korea, China, Japan, India, Middle EastKorea,China,Japan,India,MiddleEast
Germany, Austria, EuropeGermany,Austria,Europe
United StatesUnitedStates
Certifications/PatentsCertifications/Patents
MBS product recognition as a world-class product, affirming its technology and quality.MBSproductrecognitionasaworld-classproduct,affirmingitstechnologyandquality.
Selection as an ESG Excellent SME by the Korea Commission for Corporate Partnership in 2023.SelectionasanESGExcellentSMEbytheKoreaCommissionforCorporatePartnershipin2023.
Designation as a Great Workplace Root Company by the Ministry of Trade, Industry and Energy in 2022.DesignationasaGreatWorkplaceRootCompanybytheMinistryofTrade,IndustryandEnergyin2022.
Possession of OHSAS 18001 (Safety & Health Management System) and ISO 14001 (Environmental Management System) certifications.PossessionofOHSAS18001(Safety&HealthManagementSystem)andISO14001(EnvironmentalManagementSystem)certifications.
Acquisition of technology certification for its building seismic isolation device, SMCB Damper, from the Korea Association of Structural Engineers.Acquisitionoftechnologycertificationforitsbuildingseismicisolationdevice,SMCBDamper,fromtheKoreaAssociationofStructuralEngineers.
Holding certifications as a Root Technology Specialist Company, Parts-Materials Specialist Company, Management Innovation SME (MAIN-BIZ), and Technology Innovation SME (INNO-BIZ).HoldingcertificationsasaRootTechnologySpecialistCompany,Parts-MaterialsSpecialistCompany,ManagementInnovationSME(MAIN-BIZ),andTechnologyInnovationSME(INNO-BIZ).
Achievement of Single PPM Quality Certification and CE Certification (CPR).AchievementofSinglePPMQualityCertificationandCECertification(CPR).
Numerous awards, including the designation of MRB products as excellent by the Public Procurement Service, commendation from the Minister of Knowledge Economy on Marine Day, and a Presidential Silver Award at the National Quality Circle Competition.Numerousawards,includingthedesignationofMRBproductsasexcellentbythePublicProcurementService,commendationfromtheMinisterofKnowledgeEconomyonMarineDay,andaPresidentialSilverAwardattheNationalQualityCircleCompetition.
Demonstration of consistent export growth through the receipt of Million, Ten Million, Twenty Million, and Thirty Million Dollar Export Towers.DemonstrationofconsistentexportgrowththroughthereceiptofMillion,TenMillion,TwentyMillion,andThirtyMillionDollarExportTowers.
Possession of various product-specific certifications, such as the reliability certificate for lead rubber bearings for bridges, excellent product certification for steel bridge bearings, and group standard product certification for cast bridge bearings.Possessionofvariousproduct-specificcertifications,suchasthereliabilitycertificateforleadrubberbearingsforbridges,excellentproductcertificationforsteelbridgebearings,andgroupstandardproductcertificationforcastbridgebearings.
Strengthening technological competitiveness with a total of 20 patents.Strengtheningtechnologicalcompetitivenesswithatotalof20patents.