Information
42 Nongongjungang-ro 51-gil, Nongong-eup, Dalseong-gun, Daegu, South Korea
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Overview
- Summary
- Pyung Hwa Oil Seal Industrial Co., Ltd. is a specialized manufacturer of sealing components for automotive and industrial applications, established in 1977 as a joint venture between Pyung Hwa Industrial and Japan's NOK. Its main products include oil seals, O-rings, gaskets, BCS, and BPS, contributing to the localization of critical sealing products for automotive engines, transmissions, and brakes. The company leads the eco-friendly automotive parts market through the development of integrated gaskets for hydrogen fuel cell stack metal separators. It is a major supplier, providing approximately 65% of the domestic automotive sealing components market.Pyung Hwa Oil Seal Industrial Co., Ltd. is a specialized manufacturer of sealing components for automotive and industrial applications, established in 1977 as a joint venture between Pyung Hwa Industrial and Japan's NOK. Its main products include oil seals, O-rings, gaskets, BCS, and BPS, contributing to the localization of critical sealing products for automotive engines, transmissions, and brakes. The company leads the eco-friendly automotive parts market through the development of integrated gaskets for hydrogen fuel cell stack metal separators. It is a major supplier, providing approximately 65% of the domestic automotive sealing components market.
- Key Products/Technologies
- Key product categories include various sealing components such as Oil Seals, O-Rings, Gaskets, BCS (Bearing Cover Seal), and BPS (Brake Piston Seal). It manufactures products for automotive engines, transmissions, valve bodies, chassis, chassis shock absorbers, and the electronic industry. Specifically, Hub Bearing Seals prevent grease leakage inside vehicle wheel bearings and protect against external contaminants like water and dust. These seals range from Φ40mm to Φ110mm in size and 5g to 45g in weight, featuring designs for absolute sealing performance and rubber materials for improved low-temperature performance.Key product categories include various sealing components such as Oil Seals, O-Rings, Gaskets, BCS (Bearing Cover Seal), and BPS (Brake Piston Seal). It manufactures products for automotive engines, transmissions, valve bodies, chassis, chassis shock absorbers, and the electronic industry. Specifically, Hub Bearing Seals prevent grease leakage inside vehicle wheel bearings and protect against external contaminants like water and dust. These seals range from Φ40mm to Φ110mm in size and 5g to 45g in weight, featuring designs for absolute sealing performance and rubber materials for improved low-temperature performance.
- Core technologies include the development of integrated gaskets for hydrogen fuel cell metal separators. These are crucial components in hydrogen fuel cell systems, isolating hydrogen, oxygen, and coolant while preventing leakage. The company has developed new rubber materials resistant to heat and acid with excellent leak prevention, improved mold design capabilities, and established mass production systems through precision-controlled rubber injection molding. It also obtained NET certification for its low-friction oil seal surface coating technology. Since establishing its new technology research institute in 2003, the company invests approximately 5% of its annual revenue in R&D for material development, process research, durability testing, and module development.Core technologies include the development of integrated gaskets for hydrogen fuel cell metal separators. These are crucial components in hydrogen fuel cell systems, isolating hydrogen, oxygen, and coolant while preventing leakage. The company has developed new rubber materials resistant to heat and acid with excellent leak prevention, improved mold design capabilities, and established mass production systems through precision-controlled rubber injection molding. It also obtained NET certification for its low-friction oil seal surface coating technology. Since establishing its new technology research institute in 2003, the company invests approximately 5% of its annual revenue in R&D for material development, process research, durability testing, and module development.
- Core Advantages
- Accumulation of technical know-how over 40 years of operation and through a joint venture with Japan's NOK. Successful localization of critical sealing products like Peek Sealing through continuous improvement in oil seal design and manufacturing technology. Market dominance with a 65% share of the domestic automotive sealing components market.Accumulation of technical know-how over 40 years of operation and through a joint venture with Japan's NOK. Successful localization of critical sealing products like Peek Sealing through continuous improvement in oil seal design and manufacturing technology. Market dominance with a 65% share of the domestic automotive sealing components market.
- Ability to preempt the eco-friendly future vehicle parts market. Securing technological superiority in hydrogen vehicle core components through the development of integrated gaskets for hydrogen fuel cell metal separators and supplying them to Hyundai Motor's NEXO hydrogen electric vehicle. Continuous investment in R&D for transformation into a specialized future vehicle parts company.Ability to preempt the eco-friendly future vehicle parts market. Securing technological superiority in hydrogen vehicle core components through the development of integrated gaskets for hydrogen fuel cell metal separators and supplying them to Hyundai Motor's NEXO hydrogen electric vehicle. Continuous investment in R&D for transformation into a specialized future vehicle parts company.
- Continuous quality innovation and management systems. Selected as a 'Quality Competitiveness Excellent Enterprise' for 14 consecutive years since 2010 and inducted into the Quality Management Hall of Fame. Achieved Hyundai-Kia Motors' 'Quality, Technology, and Delivery 5-Star' rating and received the GM Supplier Quality Excellence Award for 11 consecutive years. Operation of proprietary quality management systems such as 'POS Line 5 Star', 'Quality 119', and 'Q-risk Prevention Activities'.Continuous quality innovation and management systems. Selected as a 'Quality Competitiveness Excellent Enterprise' for 14 consecutive years since 2010 and inducted into the Quality Management Hall of Fame. Achieved Hyundai-Kia Motors' 'Quality, Technology, and Delivery 5-Star' rating and received the GM Supplier Quality Excellence Award for 11 consecutive years. Operation of proprietary quality management systems such as 'POS Line 5 Star', 'Quality 119', and 'Q-risk Prevention Activities'.
- Establishment of mass production systems and enhancement of production efficiency. Over 60% improvement in process automation rate through continuous investment, and reduction in equipment failure rate through the operation of a planned maintenance system. More than 50% reduction in inventory rate and improvement in on-time delivery rate through the advancement of the MPS system, which links customer production to delivery.Establishment of mass production systems and enhancement of production efficiency. Over 60% improvement in process automation rate through continuous investment, and reduction in equipment failure rate through the operation of a planned maintenance system. More than 50% reduction in inventory rate and improvement in on-time delivery rate through the advancement of the MPS system, which links customer production to delivery.
- Diversity of applied industries. Capability to supply products to a wide range of industries beyond automotive, including aerospace, electronics, motorcycles, agricultural machinery, and heavy industries.Diversity of applied industries. Capability to supply products to a wide range of industries beyond automotive, including aerospace, electronics, motorcycles, agricultural machinery, and heavy industries.
- Target Industrie
- Automotive industry (sealing systems for various components such as engines, transmissions, brakes, chassis, and shock absorbers)Automotive industry (sealing systems for various components such as engines, transmissions, brakes, chassis, and shock absorbers)
- Hydrogen Electric Vehicle industry (integrated gaskets for hydrogen fuel cell stack metal separators)Hydrogen Electric Vehicle industry (integrated gaskets for hydrogen fuel cell stack metal separators)
- Aerospace industry (sealing components)Aerospace industry (sealing components)
- Electronics industry (sealing components)Electronics industry (sealing components)
- Motorcycle industry (sealing components)Motorcycle industry (sealing components)
- Agricultural Machinery industry (sealing components)Agricultural Machinery industry (sealing components)
- Machinery and Heavy Industry (oil seals and other sealing products)Machinery and Heavy Industry (oil seals and other sealing products)
- Major Markets
- South Korea (supplies 65% of domestic automotive sealing components), China (operates local subsidiaries such as Tianjin Pyunghwa Automotive Parts Co., Ltd. and Tianjin Pyunghwa Machinery Parts Co., Ltd.), India (operates local subsidiary Pyunghwa India)South Korea (supplies 65% of domestic automotive sealing components), China (operates local subsidiaries such as Tianjin Pyunghwa Automotive Parts Co., Ltd. and Tianjin Pyunghwa Machinery Parts Co., Ltd.), India (operates local subsidiary Pyunghwa India)
- Germany (exports to international companies like Volkswagen, BMW, Porsche), Other Europe (exports to international companies like Chrysler)Germany (exports to international companies like Volkswagen, BMW, Porsche), Other Europe (exports to international companies like Chrysler)
- USA (exports to international companies like GM, operates local subsidiary Pyunghwa America)USA (exports to international companies like GM, operates local subsidiary Pyunghwa America)
- Certifications/Patents
- 2023 IR52 Jang Young-shil Award (integrated gasket for hydrogen fuel cell metal separator)2023 IR52 Jang Young-shil Award (integrated gasket for hydrogen fuel cell metal separator)
- 14 consecutive selections as a 'Quality Competitiveness Excellent Enterprise' and induction into the Hall of Fame in 202314 consecutive selections as a 'Quality Competitiveness Excellent Enterprise' and induction into the Hall of Fame in 2023
- 2016 Automotive Parts Industry Grand Prize from Hyundai Motor Group Chairman2016 Automotive Parts Industry Grand Prize from Hyundai Motor Group Chairman
- 2016 Presidential Commendation for Excellent Capital Goods Development2016 Presidential Commendation for Excellent Capital Goods Development
- 2012 Presidential Commendation for National Productivity Grand Prize (Overall Category)2012 Presidential Commendation for National Productivity Grand Prize (Overall Category)
- Achieved Hyundai-Kia Motors' 'Quality, Technology, and Delivery 5-Star' ratingAchieved Hyundai-Kia Motors' 'Quality, Technology, and Delivery 5-Star' rating
- 11 consecutive years of GM Supplier Quality Excellence Award (as of 2023)11 consecutive years of GM Supplier Quality Excellence Award (as of 2023)
- 1979 KS Mark certification for oil seals and sealing products (KS B 2804, KS B 2805 O-rings)1979 KS Mark certification for oil seals and sealing products (KS B 2804, KS B 2805 O-rings)
- 1999 QS 9000 and ISO 9001 quality system certifications1999 QS 9000 and ISO 9001 quality system certifications
- 1997 100PPM certification1997 100PPM certification
- 2013 NET certification for low-friction oil seal surface coating new technology2013 NET certification for low-friction oil seal surface coating new technology
- Over 7 patent applications or registrations annually (since 2003)Over 7 patent applications or registrations annually (since 2003)
Introduction
Location
42 Nongongjungang-ro 51-gil, Nongong-eup, Dalseong-gun, Daegu, South Korea
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