Ilkwang Metal Forming Co., Ltd.
Sandwich Panel Production Line
[INQ. NO. 1411C21] Mr. Yoon Suk-bong, president of Ilkwang Metal Forming Co., Ltd. (www.steelformer.com) was awarded the 45th Trader of the Month Award for his contribution in leading Ilkwang Metal Forming into becoming a global top-three manufacturer of sandwich panel production lines with many clients in 60 countries.
Founded in 1988, Ilkwang has raised the sandwich panel production technology level of Korea to global standards by continuously improving the relatively poor manufacturing infrastructure through ceaseless efforts for technological innovations.
For more than 20 years, the company has made eye-opening progress, ranking No. 1 in Korea and world’s top-three sandwich panel production line maker that exports to 60 countries around the world at the same time.
Among one of the latest technical achievements, Ilkwang succeeded in 2011 in developing and commercializing its “Cement board sandwich panel line,”minimum-sized and lightweight 0.16mm high-strength thin plate molding and rotary shirring machine for cutting roofing material for the first time in the world and started to export them globally.
Despite the global economic downturn and sluggish domestic economy, Ilkwang has enjoyed a constant rise in sales. For this, it was awarded the $10 Million Export Tower in 2011. The company is accelerating its efforts to fine new clients, in addition to the current main export markets such as India, Russia, CIS countries, Africa and Eastern Europe.
Ilkwang completed the development of its glasswool sandwich panel line in 2000 by focusing on R&D. In 2002, it developed a polyurethane sandwich panel line that has the highest addedvalue among products of Ilkwang. The polymetal pressing line that Ilkwang developed in 2007 has received favorable responses internationally.
Particularly, GV SIDE MEMBERS (so-called U-BEAM Line) developed by Ilkwang research center in 2005 and supplied to Hyundai Motor is a project that is developed for the first time in Korea and second time in the world. The project served as platform for the world to acknowledge Ilkwang’s technology.
The urethane line double belt that the company developed in 2008 is a part required for manufacturing sandwich panel line. Until the company developed the part, South Korea was largely dependent on imported items. In 2009, the industry leaders like Corus (the UK) and Fischer (Germany) visited the Korean company’s factory Korea and gave the thumbs up to Ilkwang’s technology. Ilkwang projects that the import substation effect will reach up to more than 10 billion won. Between 2010 and 2011, Ilkwang succeeded in developing and commercializing the cement board sandwich panel line, minimum and lightweight 0.16mm highstrength thin plate molding and rotary shirring machine for cutting roofing material for the first time in the world, recoding $4.3 million in export.
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