Shin Heung Chemical, established in 1995, is a specialized thermosetting resin company that initially focused on raw material production, expanded into injection molding in 2012, and further diversified into powder business in 2021. The company's core business involves the production of thermosetting resins (BMC, SMC, PMC, MMC) and phenolic resin powder, providing B2B solutions. It is a company that supplies innovative materials and solutions optimized for various industrial sectors, supporting customer success.ShinHeungChemical,establishedin1995,isaspecializedthermosettingresincompanythatinitiallyfocusedonrawmaterialproduction,expandedintoinjectionmoldingin2012,andfurtherdiversifiedintopowderbusinessin2021.Thecompany'scorebusinessinvolvestheproductionofthermosettingresins(BMC,SMC,PMC,MMC)andphenolicresinpowder,providingB2Bsolutions.Itisacompanythatsuppliesinnovativematerialsandsolutionsoptimizedforvariousindustrialsectors,supportingcustomersuccess.
Key Products/TechnologiesKeyProducts/Technologies
Thermosetting Resins: BMC (Bulk Molding Compound) products, a type of thermosetting composite material.ThermosettingResins:BMC(BulkMoldingCompound)products,atypeofthermosettingcompositematerial.
Thermosetting Resins: SMC (Sheet Molding Compound) products, a thermosetting composite material, and the only domestic company handling injection SMC.ThermosettingResins:SMC(SheetMoldingCompound)products,athermosettingcompositematerial,andtheonlydomesticcompanyhandlinginjectionSMC.
Thermosetting Resins: MMC (Melamine Molding Compound) products, a melamine compound characterized by non-toxicity and excellent heat resistance.ThermosettingResins:MMC(MelamineMoldingCompound)products,amelaminecompoundcharacterizedbynon-toxicityandexcellentheatresistance.
Phenolic Resin Powder: Phenolic resin-based powder products produced through the company's powder business, initiated in 2021.PhenolicResinPowder:Phenolicresin-basedpowderproductsproducedthroughthecompany'spowderbusiness,initiatedin2021.
SMC Injection Technology: The company's unique technology and expertise, having first introduced SMC injection technology in Korea.SMCInjectionTechnology:Thecompany'suniquetechnologyandexpertise,havingfirstintroducedSMCinjectiontechnologyinKorea.
Cutting-edge R&D: Capabilities in cutting-edge technology and innovative research and development to strengthen leadership in the thermosetting resin sector.Cutting-edgeR&D:Capabilitiesincutting-edgetechnologyandinnovativeresearchanddevelopmenttostrengthenleadershipinthethermosettingresinsector.
Government R&D Projects: Pursuit of continuous technological advancement and product innovation through the execution of various government research projects.GovernmentR&DProjects:Pursuitofcontinuoustechnologicaladvancementandproductinnovationthroughtheexecutionofvariousgovernmentresearchprojects.
Quality Analysis System: A system for accurately analyzing the physical and chemical properties of products through various test items and maintaining optimal quality.QualityAnalysisSystem:Asystemforaccuratelyanalyzingthephysicalandchemicalpropertiesofproductsthroughvarioustestitemsandmaintainingoptimalquality.
Core AdvantagesCoreAdvantages
Thermosetting Material Expertise: Vertically integrated expertise covering the entire process from thermosetting raw material production to molded products and powder production.ThermosettingMaterialExpertise:Verticallyintegratedexpertisecoveringtheentireprocessfromthermosettingrawmaterialproductiontomoldedproductsandpowderproduction.
Exclusive Technology: A unique technological position and market standing as the sole domestic company handling injection SMC.ExclusiveTechnology:AuniquetechnologicalpositionandmarketstandingasthesoledomesticcompanyhandlinginjectionSMC.
Pioneering Technology Introduction: Pioneering know-how from the initial introduction of SMC injection technology in Korea and its subsequent internalization.PioneeringTechnologyIntroduction:Pioneeringknow-howfromtheinitialintroductionofSMCinjectiontechnologyinKoreaanditssubsequentinternalization.
Continuous R&D Investment: Sustained investment in research and development and securing technological competitiveness through its affiliated research institute.ContinuousR&DInvestment:Sustainedinvestmentinresearchanddevelopmentandsecuringtechnologicalcompetitivenessthroughitsaffiliatedresearchinstitute.
Diverse Industrial Solutions: Capability to provide optimized solutions for various industrial sectors, built on 25 years of technological innovation and quality management.DiverseIndustrialSolutions:Capabilitytoprovideoptimizedsolutionsforvariousindustrialsectors,builton25yearsoftechnologicalinnovationandqualitymanagement.
Customer-Centric Management: Commitment to being a friendly, leading company that earns trust and satisfaction from customers, prioritizing quality and reliability.Customer-CentricManagement:Commitmenttobeingafriendly,leadingcompanythatearnstrustandsatisfactionfromcustomers,prioritizingqualityandreliability.
Target IndustrieTargetIndustrie
Electrical and Electronics Industry: Supply of products to major companies such as LS Electric, Hyundai Electric, DACO, Mitsubishi Electric, and Panasonic.ElectricalandElectronicsIndustry:SupplyofproductstomajorcompaniessuchasLSElectric,HyundaiElectric,DACO,MitsubishiElectric,andPanasonic.
Automotive Industry: Supply of materials to automotive parts manufacturers including Seojin Automotive, Saeron Automotive, KOLEKTOR, and Iljin Commutator.AutomotiveIndustry:SupplyofmaterialstoautomotivepartsmanufacturersincludingSeojinAutomotive,SaeronAutomotive,KOLEKTOR,andIljinCommutator.
Power Tool Industry: Supply of specialized materials to the power tool sector, including Shinhan Diamond Industrial and Ehwa Diamond Tool.PowerToolIndustry:Supplyofspecializedmaterialstothepowertoolsector,includingShinhanDiamondIndustrialandEhwaDiamondTool.
Cosmetics Industry: Supply of necessary materials for cosmetics manufacturing, including Amorepacific and The Saem.CosmeticsIndustry:Supplyofnecessarymaterialsforcosmeticsmanufacturing,includingAmorepacificandTheSaem.
Industrial Equipment Sector: Provision of innovative solutions to leading companies in various industrial equipment fields beyond electrical/electronics and automotive.IndustrialEquipmentSector:Provisionofinnovativesolutionstoleadingcompaniesinvariousindustrialequipmentfieldsbeyondelectrical/electronicsandautomotive.
Major MarketsMajorMarkets
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Certifications/PatentsCertifications/Patents
Hyundai/Kia SQ Certification: Certification meeting the quality requirements of automotive industry clients.Hyundai/KiaSQCertification:Certificationmeetingthequalityrequirementsofautomotiveindustryclients.
ISO14001 Certification: International standard certification for environmental management systems.ISO14001Certification:Internationalstandardcertificationforenvironmentalmanagementsystems.
IATF16949 Certification: International standard certification for quality management systems in the automotive industry.IATF16949Certification:Internationalstandardcertificationforqualitymanagementsystemsintheautomotiveindustry.
Venture Company Confirmation: Recognition as a venture company with technological innovation and growth potential.VentureCompanyConfirmation:Recognitionasaventurecompanywithtechnologicalinnovationandgrowthpotential.
Material and Parts Specialist Company Confirmation: Confirmation as a specialized company in the field of materials and parts.MaterialandPartsSpecialistCompanyConfirmation:Confirmationasaspecializedcompanyinthefieldofmaterialsandparts.
Root Industry Company Confirmation: Confirmation as a specialized company in fundamental root technologies essential for manufacturing.RootIndustryCompanyConfirmation:Confirmationasaspecializedcompanyinfundamentalroottechnologiesessentialformanufacturing.
Gyeonggi-do Promising SME Selection: Selection as a promising small and medium-sized enterprise recognized for growth potential and technological prowess in Gyeonggi-do.Gyeonggi-doPromisingSMESelection:Selectionasapromisingsmallandmedium-sizedenterpriserecognizedforgrowthpotentialandtechnologicalprowessinGyeonggi-do.
Corporate Research Institute: Operation of an in-house corporate research institute with independent R&D capabilities.CorporateResearchInstitute:Operationofanin-housecorporateresearchinstitutewithindependentR&Dcapabilities.
INNO-BIZ Certification: Certification of capabilities as a technology-innovative small and medium-sized enterprise.INNO-BIZCertification:Certificationofcapabilitiesasatechnology-innovativesmallandmedium-sizedenterprise.
SME Administration Award: Received commendation from the Small and Medium Business Administration in recognition of contributions to SME development.SMEAdministrationAward:ReceivedcommendationfromtheSmallandMediumBusinessAdministrationinrecognitionofcontributionstoSMEdevelopment.
Introduction
Location
283-7 Seokjeong-ro, Poseung-eup, Pyeongtaek, Gyeonggi-do, South Korea
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Information
283-7 Seokjeong-ro, Poseung-eup, Pyeongtaek, Gyeonggi-do, South Korea