Innowill, established in 2005, is a specialized manufacturer of high-performance compact heat exchangers, holding the technology for Korea's first PCHE (Printed Circuit Heat Exchanger) development and unique PSHE (Primary Surface Heat Exchanger) development. The company possesses core capabilities in researching, developing, and producing micro-channel heat exchangers and GTL reactors suitable for high-temperature, high-pressure, and corrosive environments. It provides highly efficient solutions essential for future energy industries, precision chemicals, defense, and aerospace sectors. Innowill maintains a leading position in the market through innovative technology and diverse industrial applications.Innowill,establishedin2005,isaspecializedmanufacturerofhigh-performancecompactheatexchangers,holdingthetechnologyforKorea'sfirstPCHE(PrintedCircuitHeatExchanger)developmentanduniquePSHE(PrimarySurfaceHeatExchanger)development.Thecompanypossessescorecapabilitiesinresearching,developing,andproducingmicro-channelheatexchangersandGTLreactorssuitableforhigh-temperature,high-pressure,andcorrosiveenvironments.Itprovideshighlyefficientsolutionsessentialforfutureenergyindustries,precisionchemicals,defense,andaerospacesectors.Innowillmaintainsaleadingpositioninthemarketthroughinnovativetechnologyanddiverseindustrialapplications.
Key Products/TechnologiesKeyProducts/Technologies
PCHE (Printed Circuit Heat Exchanger): Korea's first developed technology in 2006. Manufactured by diffusion bonding micro-channel etched plates, capable of withstanding high pressures up to 50MPa and operating in a wide temperature range from -250°C to 800°C. Utilized for liquid-liquid, gas-gas heat exchange, and waste heat recovery in power plants, steel mills, and chemical plants.PCHE(PrintedCircuitHeatExchanger):Korea'sfirstdevelopedtechnologyin2006.Manufacturedbydiffusionbondingmicro-channeletchedplates,capableofwithstandinghighpressuresupto50MPaandoperatinginawidetemperaturerangefrom-250°Cto800°C.Utilizedforliquid-liquid,gas-gasheatexchange,andwasteheatrecoveryinpowerplants,steelmills,andchemicalplants.
PSHE (Primary Surface Heat Exchanger): Korea's unique development in 2011 and successful commercialization in 2012. Achieves a very large heat transfer area of over 1,000m²/m³ per unit volume using finely processed corrugated fins. Made of stainless steel, it offers excellent high-temperature resistance, hermeticity, and durability through precision laser welding. Customizable in various capacities and shapes through a heat transfer module assembly method.PSHE(PrimarySurfaceHeatExchanger):Korea'suniquedevelopmentin2011andsuccessfulcommercializationin2012.Achievesaverylargeheattransferareaofover1,000m²/m³perunitvolumeusingfinelyprocessedcorrugatedfins.Madeofstainlesssteel,itoffersexcellenthigh-temperatureresistance,hermeticity,anddurabilitythroughprecisionlaserwelding.Customizableinvariouscapacitiesandshapesthroughaheattransfermoduleassemblymethod.
GTL (Gas to Liquid) Reactor (Fischer-Tropsch Reactor): Korea's first developed technology. Constructed from thin stainless steel for corrosion resistance and high-temperature reliability. Uses straight pins for process channels and corrugated pins for cooling channels to remove chemical reaction heat and maintain a constant temperature. Safe for use under high pressures of 20-30bar, with model name FT-GTL-02.GTL(GastoLiquid)Reactor(Fischer-TropschReactor):Korea'sfirstdevelopedtechnology.Constructedfromthinstainlesssteelforcorrosionresistanceandhigh-temperaturereliability.Usesstraightpinsforprocesschannelsandcorrugatedpinsforcoolingchannelstoremovechemicalreactionheatandmaintainaconstanttemperature.Safeforuseunderhighpressuresof20-30bar,withmodelnameFT-GTL-02.
Compact Primary Surface Heat Exchanger (for SOFC - Solid Oxide Fuel Cell): Offered in various models, including A0305-5, A0705-8, A0705-10, A0705-20, B0510-8, B0510-8S, B1430-8, B1430-25S, B3030-60, B3030-66S, B1430-12, F0707-5, DFC. Specifications include 2kW heat capacity, 700°C operating temperature, 85% effectiveness, and 2kPa pressure drop. Contributes to the economic viability and miniaturization of SOFC systems.CompactPrimarySurfaceHeatExchanger(forSOFC-SolidOxideFuelCell):Offeredinvariousmodels,includingA0305-5,A0705-8,A0705-10,A0705-20,B0510-8,B0510-8S,B1430-8,B1430-25S,B3030-60,B3030-66S,B1430-12,F0707-5,DFC.Specificationsinclude2kWheatcapacity,700°Coperatingtemperature,85%effectiveness,and2kPapressuredrop.ContributestotheeconomicviabilityandminiaturizationofSOFCsystems.
Compact Primary Surface Heat Exchanger for Micro Gas Turbine System: Model name A2020-320. Contributes to increasing power generation efficiency by over 15% by recovering waste heat from micro gas turbines using a recuperator. Developed and supplied annular and box-type products.CompactPrimarySurfaceHeatExchangerforMicroGasTurbineSystem:ModelnameA2020-320.Contributestoincreasingpowergenerationefficiencybyover15%byrecoveringwasteheatfrommicrogasturbinesusingarecuperator.Developedandsuppliedannularandbox-typeproducts.
Aerospace Heat Exchangers: Development of heat exchangers for OBIGGS (On-Board Inert Gas Generating System) and preparation for larger product production. Plans for developing recuperators for small turbo engines. Selected as a developer for oil coolers for next-generation fighter APUs and fuel heat exchangers for KF-21.AerospaceHeatExchangers:DevelopmentofheatexchangersforOBIGGS(On-BoardInertGasGeneratingSystem)andpreparationforlargerproductproduction.Plansfordevelopingrecuperatorsforsmallturboengines.Selectedasadeveloperforoilcoolersfornext-generationfighterAPUsandfuelheatexchangersforKF-21.
Core AdvantagesCoreAdvantages
Unrivaled Technological Leadership: Pioneering PCHE development in Korea in 2006 and unique PSHE development in 2011, establishing the company as a technology leader in micro-channel heat exchangers. High entry barriers due to significant development costs and risks of failure, securing a monopolistic position where domestic competitors struggle to match the technology.UnrivaledTechnologicalLeadership:PioneeringPCHEdevelopmentinKoreain2006anduniquePSHEdevelopmentin2011,establishingthecompanyasatechnologyleaderinmicro-channelheatexchangers.Highentrybarriersduetosignificantdevelopmentcostsandrisksoffailure,securingamonopolisticpositionwheredomesticcompetitorsstruggletomatchthetechnology.
Ultra-High Efficiency and Compact Design: Achieves a large heat transfer area of over 1,000m²/m³ per unit volume through finely processed corrugated fins and thin plate technology, reducing size to one-sixth of conventional products. Low heat capacity due to thin plates results in a very short time to reach steady state, supporting rapid system response.Ultra-HighEfficiencyandCompactDesign:Achievesalargeheattransferareaofover1,000m²/m³perunitvolumethroughfinelyprocessedcorrugatedfinsandthinplatetechnology,reducingsizetoone-sixthofconventionalproducts.Lowheatcapacityduetothinplatesresultsinaveryshorttimetoreachsteadystate,supportingrapidsystemresponse.
High-Temperature, High-Pressure, and Corrosion-Resistant Environment Capability: Stable operation in high-temperature environments up to 900°C and high-pressure environments up to 600 atmospheres through stainless steel materials and precision laser welding technology. GTL reactors ensure high pressure resistance of 20-30bar and corrosion resistance. Excellent high-temperature reliability due to the use of austenitic stainless steel.High-Temperature,High-Pressure,andCorrosion-ResistantEnvironmentCapability:Stableoperationinhigh-temperatureenvironmentsupto900°Candhigh-pressureenvironmentsupto600atmospheresthroughstainlesssteelmaterialsandprecisionlaserweldingtechnology.GTLreactorsensurehighpressureresistanceof20-30barandcorrosionresistance.Excellenthigh-temperaturereliabilityduetotheuseofausteniticstainlesssteel.
Customized Design and Production Capabilities: Flexibility in customizing capacity and shape to meet diverse customer applications through a heat transfer module assembly method. 3D design and simulation predict potential manufacturing issues and enhance product accuracy and reliability. Possession of proprietary production facilities, including fin forming machines, hydraulic presses, and welding robots.CustomizedDesignandProductionCapabilities:Flexibilityincustomizingcapacityandshapetomeetdiversecustomerapplicationsthroughaheattransfermoduleassemblymethod.3Ddesignandsimulationpredictpotentialmanufacturingissuesandenhanceproductaccuracyandreliability.Possessionofproprietaryproductionfacilities,includingfinformingmachines,hydraulicpresses,andweldingrobots.
Broad Industrial Application and Scalability: A technology portfolio applicable to a wide range of high-value-added industries, including fuel cells, micro gas turbines, waste heat recovery, aerospace, defense, and precision chemicals. Actively responds to the design and production of small-volume prototypes, positioning the company favorably for new market development.BroadIndustrialApplicationandScalability:Atechnologyportfolioapplicabletoawiderangeofhigh-value-addedindustries,includingfuelcells,microgasturbines,wasteheatrecovery,aerospace,defense,andprecisionchemicals.Activelyrespondstothedesignandproductionofsmall-volumeprototypes,positioningthecompanyfavorablyfornewmarketdevelopment.
Designation as a Hydrogen Specialized Enterprise and Future Growth Engine: Recognized as a hydrogen specialized enterprise in 2024, acknowledging its heat exchanger technology for high-temperature hydrogen fuel cell power plants and building-use SOFCs. Establishes a foundation for continuous growth by improving the sales proportion and market outlook for hydrogen-related products.DesignationasaHydrogenSpecializedEnterpriseandFutureGrowthEngine:Recognizedasahydrogenspecializedenterprisein2024,acknowledgingitsheatexchangertechnologyforhigh-temperaturehydrogenfuelcellpowerplantsandbuilding-useSOFCs.Establishesafoundationforcontinuousgrowthbyimprovingthesalesproportionandmarketoutlookforhydrogen-relatedproducts.
Target IndustrieTargetIndustrie
Future Energy Industries: Solid Oxide Fuel Cell (SOFC), Solid Oxide Electrolysis Cell (SOEC), Micro Gas Turbine (MGT), Hot Air Turbine Power Generation System, Organic Rankine Cycle (ORC), Geothermal Power Generation System.FutureEnergyIndustries:SolidOxideFuelCell(SOFC),SolidOxideElectrolysisCell(SOEC),MicroGasTurbine(MGT),HotAirTurbinePowerGenerationSystem,OrganicRankineCycle(ORC),GeothermalPowerGenerationSystem.
Waste Heat Recovery Systems: Waste heat recovery from power plant and factory chimney exhaust gases, waste heat recovery from Volatile Organic Compound (VOC) treatment systems.WasteHeatRecoverySystems:Wasteheatrecoveryfrompowerplantandfactorychimneyexhaustgases,wasteheatrecoveryfromVolatileOrganicCompound(VOC)treatmentsystems.
Aerospace and Defense Industries: Heat exchangers for On-Board Inert Gas Generating Systems (OBIGGS), recuperators for small turbo engines, high-reliability coolers for precision electronic equipment, oil coolers for next-generation fighter APUs, fuel heat exchangers for KF-21.AerospaceandDefenseIndustries:HeatexchangersforOn-BoardInertGasGeneratingSystems(OBIGGS),recuperatorsforsmallturboengines,high-reliabilitycoolersforprecisionelectronicequipment,oilcoolersfornext-generationfighterAPUs,fuelheatexchangersforKF-21.
Precision Chemical Industry: GTL (Gas to Liquid) reactors (Fischer-Tropsch reactors), various chemical reaction reactors, evaporators, condensers.PrecisionChemicalIndustry:GTL(GastoLiquid)reactors(Fischer-Tropschreactors),variouschemicalreactionreactors,evaporators,condensers.
General Industrial and Research Fields: Residential and regional energy supply systems, portable fuel cells, prototype manufacturing for research purposes by universities and research institutions.GeneralIndustrialandResearchFields:Residentialandregionalenergysupplysystems,portablefuelcells,prototypemanufacturingforresearchpurposesbyuniversitiesandresearchinstitutions.
Major MarketsMajorMarkets
Japan, Indonesia, Southeast AsiaJapan,Indonesia,SoutheastAsia
EuropeEurope
BrazilBrazil
Certifications/PatentsCertifications/Patents
Venture Business Certificate (2021.07.25).VentureBusinessCertificate(2021.07.25).
AS 9100 Rev.D (2026.05.03).AS9100Rev.D(2026.05.03).
Establishment of Company-affiliated Research Institute (2008.08).EstablishmentofCompany-affiliatedResearchInstitute(2008.08).
Confirmation as a Parts and Materials Specialized Company (2008.09).ConfirmationasaPartsandMaterialsSpecializedCompany(2008.09).
Proprietary technical know-how in PCHE diffusion bonding, heat exchanger flow path, and capacity design.Proprietarytechnicalknow-howinPCHEdiffusionbonding,heatexchangerflowpath,andcapacitydesign.
Development of PCHE allowable wall thickness prediction program (based on ASME Boiler and Pressure Vessel Code).DevelopmentofPCHEallowablewallthicknesspredictionprogram(basedonASMEBoilerandPressureVesselCode).