Established in 1965, TK Corporation is a specialized manufacturer of industrial pipe fittings, particularly Butt Weld Fittings. The company supplies essential pipe fittings to various key national industries, including petrochemical, refining, gas plants, power plants, shipbuilding, and offshore structures. It possesses world-class production capacity and accumulated technological expertise, enabling the production of high-quality products suitable for harsh operating conditions such as high temperature, high pressure, and ultra-low temperature environments. TK Corporation is also diversifying its business into secondary battery equipment and real estate leasing.Establishedin1965,TKCorporationisaspecializedmanufacturerofindustrialpipefittings,particularlyButtWeldFittings.Thecompanysuppliesessentialpipefittingstovariouskeynationalindustries,includingpetrochemical,refining,gasplants,powerplants,shipbuilding,andoffshorestructures.Itpossessesworld-classproductioncapacityandaccumulatedtechnologicalexpertise,enablingtheproductionofhigh-qualityproductssuitableforharshoperatingconditionssuchashightemperature,highpressure,andultra-lowtemperatureenvironments.TKCorporationisalsodiversifyingitsbusinessintosecondarybatteryequipmentandrealestateleasing.
Key Products/TechnologiesKeyProducts/Technologies
Key products include various butt weld pipe fittings such as Elbows for changing pipe direction, Reducers for altering pipe diameter, Tees for branching from main pipelines, and Caps for sealing pipe ends. The company specializes in manufacturing large-diameter and special steel fittings.KeyproductsincludevariousbuttweldpipefittingssuchasElbowsforchangingpipedirection,Reducersforalteringpipediameter,Teesforbranchingfrommainpipelines,andCapsforsealingpipeends.Thecompanyspecializesinmanufacturinglarge-diameterandspecialsteelfittings.
Segmentable Elbows are produced up to 56 inches with 1.5D, 3D, and 5D curvature options. Induction Bends offer curvature ranges from 2D to 10D and production capabilities up to 48 inches. Barred Tees are specialized fittings designed with internal bars to control fluid flow and meet specific pressure conditions.SegmentableElbowsareproducedupto56incheswith1.5D,3D,and5Dcurvatureoptions.InductionBendsoffercurvaturerangesfrom2Dto10Dandproductioncapabilitiesupto48inches.BarredTeesarespecializedfittingsdesignedwithinternalbarstocontrolfluidflowandmeetspecificpressureconditions.
Manufacturing technology encompasses a wide range of materials, including Carbon Steel, High-Yield Carbon Steel, Low-Temperature Carbon Steel, Alloy Steel, Austenitic Stainless Steel, Duplex and Super Duplex Steel, and High Manganese Steel.Manufacturingtechnologyencompassesawiderangeofmaterials,includingCarbonSteel,High-YieldCarbonSteel,Low-TemperatureCarbonSteel,AlloySteel,AusteniticStainlessSteel,DuplexandSuperDuplexSteel,andHighManganeseSteel.
Through its subsidiary, HYTC Co., Ltd., the company is involved in the secondary battery equipment business. This includes the production of ultra-precision components such as PX-SHAFT, KNIFE UNIT, KNIFE-SPACER for electrode plate process equipment, and mandrels, CUTTERs, ultrasonic horns, ANVILs, and insulating plate molds for assembly process equipment.Throughitssubsidiary,HYTCCo.,Ltd.,thecompanyisinvolvedinthesecondarybatteryequipmentbusiness.Thisincludestheproductionofultra-precisioncomponentssuchasPX-SHAFT,KNIFEUNIT,KNIFE-SPACERforelectrodeplateprocessequipment,andmandrels,CUTTERs,ultrasonichorns,ANVILs,andinsulatingplatemoldsforassemblyprocessequipment.
Core AdvantagesCoreAdvantages
Establishment of a world-leading production system with an annual capacity of 185,000 tons. Maintenance of an oligopoly with Sungkwang Bend in the domestic fitting industry, securing significant market dominance.Establishmentofaworld-leadingproductionsystemwithanannualcapacityof185,000tons.MaintenanceofanoligopolywithSungkwangBendinthedomesticfittingindustry,securingsignificantmarketdominance.
Stable growth driven by over half a century of accumulated manufacturing technology and experience, coupled with a sound financial structure. Operation of large-scale automated production lines and a stringent quality control system.Stablegrowthdrivenbyoverhalfacenturyofaccumulatedmanufacturingtechnologyandexperience,coupledwithasoundfinancialstructure.Operationoflarge-scaleautomatedproductionlinesandastringentqualitycontrolsystem.
Flexible manufacturing system capable of responding to large-scale projects across diverse industries such as petrochemical, power generation, shipbuilding, and offshore. Capability to produce customized products in various materials and specifications to meet specific customer requirements.Flexiblemanufacturingsystemcapableofrespondingtolarge-scaleprojectsacrossdiverseindustriessuchaspetrochemical,powergeneration,shipbuilding,andoffshore.Capabilitytoproducecustomizedproductsinvariousmaterialsandspecificationstomeetspecificcustomerrequirements.
Securing a strong customer base of over 300 companies worldwide, including global engineering firms and major domestic and international corporations. Expansion of global recognition and market share through a high export ratio.Securingastrongcustomerbaseofover300companiesworldwide,includingglobalengineeringfirmsandmajordomesticandinternationalcorporations.Expansionofglobalrecognitionandmarketsharethroughahighexportratio.
Successful business diversification into secondary battery equipment and real estate leasing. Pursuit of technological advancements and new business expansion for future energy industries (LNG, hydrogen, nuclear power) and advanced sectors (ESS, semiconductor processes).Successfulbusinessdiversificationintosecondarybatteryequipmentandrealestateleasing.Pursuitoftechnologicaladvancementsandnewbusinessexpansionforfutureenergyindustries(LNG,hydrogen,nuclearpower)andadvancedsectors(ESS,semiconductorprocesses).
Target IndustriesTargetIndustries
Petrochemical and Refining PlantsPetrochemicalandRefiningPlants
Gas Plants (LNG, Oil & Gas Pipelines)GasPlants(LNG,Oil&GasPipelines)
Thermal and Nuclear Power PlantsThermalandNuclearPowerPlants
Desalination PlantsDesalinationPlants
Shipbuilding and Offshore StructuresShipbuildingandOffshoreStructures
Secondary Battery Industry (Production Facilities and Components)SecondaryBatteryIndustry(ProductionFacilitiesandComponents)
Hydrogen Energy Infrastructure (Hydrogen Filling Stations, Hydrogen Mobility)HydrogenEnergyInfrastructure(HydrogenFillingStations,HydrogenMobility)
Carbon Capture, Utilization, and Storage (CCUS)CarbonCapture,Utilization,andStorage(CCUS)
Energy Storage Systems (ESS)EnergyStorageSystems(ESS)
Asia (21.0% of cumulative exports in Q3 2023)Asia(21.0%ofcumulativeexportsinQ32023)
Europe (LNG projects and new business expansion related to hydrogen)Europe(LNGprojectsandnewbusinessexpansionrelatedtohydrogen)
North America (22.2% of cumulative exports in Q3 2023, with anticipated resumption of LNG projects), United States (Approval and increased exports to US equipment companies L and A through subsidiary HYTC)NorthAmerica(22.2%ofcumulativeexportsinQ32023,withanticipatedresumptionofLNGprojects),UnitedStates(ApprovalandincreasedexportstoUSequipmentcompaniesLandAthroughsubsidiaryHYTC)
Central and South America (Future market expansion efforts)CentralandSouthAmerica(Futuremarketexpansionefforts)
Certifications/PatentsCertifications/Patents
ISO 9001:2008 (Quality Management System)ISO9001:2008(QualityManagementSystem)
ISO 14001:2004 (Environmental Management System)ISO14001:2004(EnvironmentalManagementSystem)
OHSAS 18001:2007 (Occupational Health and Safety Management System)OHSAS18001:2007(OccupationalHealthandSafetyManagementSystem)
JIS B2311 (Steel Butt Welding Pipe Fittings for Ordinary Use)JISB2311(SteelButtWeldingPipeFittingsforOrdinaryUse)
JIS B2312 (Steel Butt Welding Pipe Fittings)JISB2312(SteelButtWeldingPipeFittings)
JIS B2313 (Steel Plate Butt Welding Pipe Fittings)JISB2313(SteelPlateButtWeldingPipeFittings)
JIS B2316 (Steel Socket Welding Pipe Fittings)JISB2316(SteelSocketWeldingPipeFittings)
ASTM A234 (Piping Fittings of Wrought Carbon Steel and Alloy Steel for Moderate and High Temperature Service)ASTMA234(PipingFittingsofWroughtCarbonSteelandAlloySteelforModerateandHighTemperatureService)
ASTM A350 (Carbon and Low-Alloy Steel Forgings, Requiring Notch Toughness Testing for Piping Components)ASTMA350(CarbonandLow-AlloySteelForgings,RequiringNotchToughnessTestingforPipingComponents)
ASTM A420 (Piping Fittings of Wrought Carbon Steel and Alloy Steel for Low-Temperature Service)ASTMA420(PipingFittingsofWroughtCarbonSteelandAlloySteelforLow-TemperatureService)
ASTM A694 (Carbon and Alloy Steel Forgings for Piping Components)ASTMA694(CarbonandAlloySteelForgingsforPipingComponents)
ASTM A105 (Carbon Steel Forgings for Piping Applications)ASTMA105(CarbonSteelForgingsforPipingApplications)
ASTM A182 (Forged or Rolled Alloy Steel Pipe Flanges, Forged Fittings, and Valves and Parts for High Temperature Service)ASTMA182(ForgedorRolledAlloySteelPipeFlanges,ForgedFittings,andValvesandPartsforHighTemperatureService)