[INQ. NO. 1805M16] MYTEC is a leading heat exchanger solution provider that designs, manufactures, supplies, and exports heat exchangers for shipbuilding, marine construction, power generation, and nuclear power plants. Since its establishment in August 2003, MYTEC has been registered in all shipyards in Korea and has been producing and providing high-quality products.
MYTEC exports more than 60% of its products to overseas customers. Beginning as a specialized manufacturer of shipbuilding equipment, MYTEC survived the recession in the shipping industry caused by the global financial crisis based on its experience, performance, and technology in various business environments and product development.
MYTEC further developed through its management experience in the industrial, plant, and nuclear sectors and prepared for a substantial business diversification by entering the industrial and power plant, nuclear power plant, and offshore plant industries, while performing steady sustainability management.
MYTEC is maintaining a constant operating rate of over 60% through continuous growth of sales and development as a self-perpetuating business according to changes in exchangers are external environment, and strategies to achieve the economy of scale. In addition, it continues to expand its business to become a global heat exchanger solution provider by securing over 40% of overseas customers through global investment in technology development for LNG fuel supply, transportation, storage systems, etc. and through forceful marketing activities.
MYTEC’s product line consists of heat exchangers, pressure vessels, industrial structures, and modules and packages. The heat exchanger is composed of a shell and tube heat exchanger, a Plate Heat Exchanger, and a fin type heat exchanger, etc. The pressure vessels are composed of a pressure vessel, tank, a pulsation damper, etc. MYTEC’s customized heat exchangers are all designed, manufactured, and supplied through optimized design technology to the specifications required by customers. The company is currently exporting.
In particular, MYTEC designs and exports its specialized heat exchangers as follows in the fuel system part and the supply system part of eco-friendly gas energy (LNG):
1) Vaporizer: Made of stainless steel, this vaporizer is designed/manufactured ranging from the low pressure to high pressure (350 bar) to suit the system. It is used for natural gas fuel engine systems and regasification systems for vaporizing the liquefied natural gas, thereby playing a vital role in supplying natural gas, and they are mainly used in LNG vessels and both offshore and onshore plants.
2) Glycol water heater and unit: This is a system for protecting surrounding structures (especially, the hull) from the fragility problem caused by liquefied natural gas (LNG) of cryogenic condition (-162°C). It is mainly applied to cargo holds of LNG vessels and provided as a unit for heat exchangers, mixing tanks, pumps, etc.

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