Simpac

SIMPAC Press Business Unit stands at the forefront of Korea's press industry, growing in step with its development since the country's early industrialization in the 1970s. With more than 50 years of technological experience, we provide precise, reliable forming solutions for sectors including automotive, home appliances, electronic components, and aerospace. Beyond mechanical, hydraulic, and servo presses, our full-spectrum production system accommodates complex forming requirements—from large transfer lines (DTL) and tandem lines to automated systems—raising the market's technical standards through engineering precision, durability, and customer-specific design.

Since pioneering servo presses in Korea in 2007, we have developed next-generation systems that maximize productivity, precision, and energy efficiency, supported by numerous core patents. Our synchronized presses, a new technology enabling continuous operation, increase productivity by up to 80% compared with conventional presses. Through customized designs tailored to each production environment, we provide optimized solutions for high-speed, high-precision manufacturing. We also maintain a leading market share of more than 50% in domestic EV and hydrogen EV component production, securing a technological edge in manufacturing next-generation mobility equipment.

Our technical capabilities have earned strong recognition worldwide. As of 2024, 63% of total production was exported and installed overseas, and under our strategy of "globalizing the brand and localizing service," we continue to meet the exacting quality standards demanded by leading OEM customers across the globe.

SIMPAC Press Business Unit looks beyond supplying equipment to address customer productivity and sustainability together. Balancing the requirements for precision, speed, energy efficiency, and low noise, our flexible designs and execution-focused engineering drive innovation in industrial forming. Pioneering new opportunities for global manufacturing, SIMPAC Press Business Unit continues to lead the way.

SIMPAC Metal Business Unit began in 1959 as Korea's first ferroalloy producer and has grown alongside the nation's steel industry for over 60 years. Since joining the SIMPAC Group in 2006, it has leveraged advanced technologies and a broad product portfolio to supply high-quality ferroalloys essential to steelmaking, evolving into a global integrated ferroalloy manufacturer.

Built on two pillars—ferroalloys and polymer chemistry—the Metal Business Unit operates production bases in Pohang and Dangjin, continually advancing vertical integration and technological advancement of its businesses. The Pohang plant produces high-carbon ferromanganese (HC FeMn), silicomanganese (SiMn), and ferronickel-chrome (FeNiCr), among others, while the Dangjin plant specializes in high value-added products such as medium- and low-carbon ferromanganese. Backed by domestic patents and KS certification for low-carbon ferroalloy and high-purity ferrosilicon alloy production, we supply world-class ferroalloys to major domestic steelmakers, including POSCO, Hyundai Steel, and Dongkuk Steel.

Our core competitiveness lies in valuable metal recycling technology developed since 1995. By recovering valuable metals such as nickel (Ni) and chromium (Cr) from dust generated in iron- and steelmaking processes and recycling them into ferronickel-chrome (FeNiCr), we maintain approximately 60% domestic market share, generate economic value equivalent to three to four times the cost of landfilling, and simultaneously achieve resource circulation, cost savings, and reduced environmental impact.

The polymer chemistry business—Korea's leader in industrial roll machining and covering—is centered at Pohang Plant 2. We precision-machine rolls used in steelmaking and papermaking, apply rubber and polyurethane coverings, and deliver customized, high-quality products. Through a technical partnership with Yokohama Rubber of Japan, proprietary compounding recipes, and the Sigma NIP system, we design solutions tailored to each process requiring high-speed rotation, chemical resistance, and durability.

As a trusted industrial partner, SIMPAC Metals will continue to deliver differentiated value through outstanding technological excellence and sustainable growth.

SIMPAC Trading Business Unit links global producers with end-users, delivering a stable supply of non-ferrous metals and a wide range of industrial materials across the entire supply chain. With deep market insight and physical-trading expertise gained through ferroalloy manufacturing operations, we are broadening our portfolio to encompass industrial raw materials such as non-ferrous metals and secondary battery materials, solidifying our position as one of Korea's leading raw materials trading houses.

We supply London Metal Exchange (LME)–registered non-ferrous metals and a wide range of non-exchange-listed products. As the Korean government's designated agent, we serve as the global marketing representative for nickel produced by Madagascar's Ambatovy Project, positioning ourselves as a distinct and strategic player within the supply chain.

In an increasingly uncertain global resources market, SIMPAC Trading Business Unit provides reliable on-the-ground partnerships that strengthen the competitiveness of domestic manufacturing. We address supply chain diversification risks, uphold ESG-based resource sourcing and transparency in implementation, and offer technical support and market intelligence for strategic materials. Moving forward, we will respond swiftly to global market shifts with sustainable supply strategies and an expanding international network, positioning ourselves as a raw materials partner growing alongside our clients.

SIMPAC AI Lab is the organization responsible for the AI transition (AX) of all SIMPAC Group affiliates. By integrating AI technologies with the on-site expertise and industrial know-how accumulated over decades, we are driving intelligent manufacturing innovation that goes beyond simple automation to create real business value. Across the Group's business domains—presses, ferroalloys, automotive parts, and resource circulation—the AI Lab achieves tangible improvements in productivity, quality, safety, and decision-making optimization, guiding SIMPAC toward data-driven manufacturing.

The AI Lab identifies AI initiatives aligned with business priorities for all affiliates, conducts technical reviews and feasibility analyses, and, when necessary, proposes optimal solutions in collaboration with external partners. We also lead AI development and manage key projects, ensuring that ideas translate into tangible results on the ground. By continuously adopting cutting-edge AI technologies and conducting advanced research, we internalize core AI capabilities across the Group.

As an AX innovation partner, the AI Lab empowers every Group affiliate to enhance efficiency and insight through AI. Listening to on-site perspectives and grounding solutions in real-world needs, we drive the sustainable growth of the entire Group. Standing at the forefront of data- and AI-driven innovation, we open new possibilities for intelligent manufacturing.

SIMPAC Engineering (ENG) Business Unit is a specialized steel distribution and processing company built on decades of technological expertise and reliable production capacity in steel structure manufacturing and distribution. Based in the Incheon Geomdan Industrial Complex, it operates production facilities covering approximately 16,800 ㎡, with an annual production capacity of 36,180 tons. Its fully integrated in-house system manages every stage of production—from steel receipt to cutting, welding, drilling, painting, and final delivery.

With 3D CAD-based custom design, LANTEK nesting software, and CAM automated cutting systems, we achieve exceptional productivity and precision. Our advanced processing lines, equipped with standardized welding systems and precision shot-blasting and painting equipment, are optimized for high-mix, low-volume production, ensuring the stable and efficient supply of customized steel structures and machine components.

Our main products include thick plates for general and shipbuilding use; steel plates for high-pressure and high-strength pressure equipment; and mechanical structural steel, tool steel, and special alloys. We offer high-precision machining across materials such as SS400, SM490A, SPH, SKD11, and SUJ2, and have earned numerous industrial property rights and ISO 9001 quality certification for technological excellence and quality assurance. As a technology partner working closely with customers to solve complex challenges, the SIMPAC ENG Business Unit connects every process—from design and material processing to delivery—seamlessly and efficiently. We continue to create new possibilities in steel distribution and processing with technologies that respond swiftly to evolving customer needs and rapid industrial change.

SIMPAC RISTecBiz Business Unit is a top-tier recycling specialist in Korea that extracts and refines high-purity zinc oxide (ZnO) from secondary dust generated in steel production. By refining zinc-bearing waste—previously classified as hazardous—into resources through eco-friendly technologies, we support the stable supply of critical metals and advance ESG goals through resource circulation.

RISTecBiz operates Korea's only wet refining process, enabling the consistent production of high-purity zinc oxide with exceptional heavy-metal removal efficiency. We provide customized products for a wide range of applications, from SC-1 Grade (zinc purity 97% or higher) to SC-2 Grade (for feed) and SC-3 Grade (for water treatment). With an annual production capacity of 6,000 tons, we supply raw materials to industries including rubber, tires, ceramics, coatings, and feed, maintaining a market share of more than 78% in the domestic rubber and feed markets.

Our comprehensive competitiveness is driven not only by advanced technology but also by continuous innovation—strategic investment in production facilities, process enhancement, quality management, and new production lines. Beyond zinc oxide, we are expanding our product portfolio to materials such as zinc chloride (ZnCl₂) for use as a corrosion inhibitor while pioneering new markets. We meet global standards for quality and safety with ISO 9001 and ISO 14001 certifications, clean-technology certifications from the Ministry of Trade, Industry and Energy and the Ministry of Environment, and KOSHA-MS industrial safety certification.

Founded in 1936 as Bongsin Casting Works, the SIMPAC Industries Industrial Machinery Business Unit has long led Korea's foundry sector, the foundation of modern manufacturing. In the field of rubber and chemical industrial machinery, once dominated by imports, the company advanced localization beginning in the 1980s, laying the groundwork for Korea's self-reliance in rubber and plastics industries. Since then, it has grown in partnership with major tire companies in Korea and abroad.

Since being incorporated as an affiliate of the SIMPAC Group in 2014, the unit has built a vertically integrated production system enabling complete in-house manufacturing—from industrial machinery components to finished products—strengthening SIMPAC Industries' unique competitiveness. We produce equipment for the rubber and plastics industries, including mixers, mixing mills, calenders, kneaders, and extruders, and offer customized solutions ranging from individual machines to turnkey systems for large-scale plants

Operating on a 100% made-to-order basis, we deliver design, fabrication, and installation services optimized for each process and material. Our clients include major global tire manufacturers such as Hankook Tire, Kumho Tire, and Yokohama Tire. We also implemented the world's first rubber and PVC compounding process automation system (Auto Mixing System, AMS), which has achieved significant improvements in productivity, quality uniformity, cost efficiency, and workplace safety—setting new standards in industrial automation.

The technology base for directly executing the entire process—from design through fabrication, installation, and maintenance—is concentrated at Incheon's Gajwa Plants 1 and 2. Precision machining with large NC equipment, a rigorous quality management system, and in-house R&D underpin our ability to produce high-strength, high-precision custom equipment.

As a trusted partner supporting customer competitiveness and on-site innovation, SIMPAC Industries Industrial Machinery Business Unit will continue to lead technological progress across Korea's industrial machinery sector.

The SIMPAC Industries Ferrosilicon Business Unit is the only domestic production base for high-purity ferrosilicon (FeSi #2). Built on the strength of unmatched technology and quality competitiveness in advanced ferroalloys, it has continued to meet global demand since acquiring POSCO's high-purity ferrosilicon plant in 2019 and beginning full-scale operations, advancing productivity and developing higher value-added products.

Ferrosilicon (FeSi) is an essential ferroalloy for steelmaking and for electrical steel. High-purity grades are core materials for high-efficiency electrical steel, including generator-grade electrical steel and EV motor cores. Centered on high-purity FeSi, the Ferrosilicon Business Unit has expanded its lineup to low-carbon (FeSi #2 L-C) and low-calcium (FeSi #2 L-Ca) grades, proactively serving environmentally friendly industries. In particular, the low-carbon high-purity ferrosilicon (FeSi #2 L-C) developed for high-efficiency EV traction motors is a flagship product and a driver of future growth.

Production efficiency continues to improve. In 2020, we commercialized a remelting process that recycles out-of-spec FeSi to increase output, establishing a manufacturing system that meets quality, cost, and environmental requirements. With annual production capacity of 34,000 tons of high-purity ferrosilicon, we ensure stable supply through a customer-focused precision quality-management system. In 2024, we formed a joint venture with RIMA Group (RIMA), a Brazilian ferroalloy specialist, thereby launching a global supply chain strategy and targeting stable domestic supply of about 2,000 tons per month of low-carbon high-purity ferrosilicon. The SIMPAC Industries Ferrosilicon Business Unit will continue to responsibly supply critical materials that underpin future industries, strengthen materials self-reliance, and help build a better industrial ecosystem based on technology and trust.

SIMPAC KDA is a global manufacturer specializing in precision machining of core automotive powertrain and driveline components. Founded in 1979 as Hyupsung Industrial, it operates six production bases in Gimhae and overseas sites in the United States, Mexico, China, and other regions to serve global automakers. In November 2024, it joined the SIMPAC Group, marking a new step forward.

Serving Tier-1 suppliers to major North American brands such as GM and Ford, SIMPAC KDA supplies approximately 9 million parts annually to 23 overseas customers and is steadily expanding exports to the United States, Mexico, China, Poland, Australia, and beyond. Backed by more than 600 machine tools, we can produce up to 12 million parts per year, manufacturing roughly 800 types of powertrain components, including propeller shafts, flanges, and yokes. We deliver consistent precision with a broad suite of high-accuracy equipment, including numerical control lathes (CNC), machining centers (MCT), rolling machines, grinders, and broaching systems.

Moving beyond traditional internal combustion engine parts, SIMPAC KDA is accelerating electrification in keeping with the EV era. Since 2024, we have mass-produced approximately 600,000 EV traction-motor components annually, while boosting productivity and quality competitiveness through automation and an upgraded Manufacturing Execution System (MES). With SIMPAC KDA, the Group has added power-transmission component machining to its presses, materials, and industrial machinery capabilities—building a multidimensional production system across the entire automotive industry and securing new growth engines. As a national flagship components company growing through exports, SIMPAC KDA continues to expand its global footprint, innovate its technologies, and strengthen partnerships with global automakers.

SIMPAC Global is a circular materials specialist that drives resource circulation by procuring and recycling low-carbon raw materials for the steel industry—such as prime steel scrap and obsolete scrap—and reintroducing them into domestic and overseas mills. Steel scrap, processed from metal offcuts and shredded metals, is one of the three principal raw materials of the steel industry (iron ore, coal, scrap) and can reduce carbon dioxide emissions by up to 75% compared with blast-furnace steelmaking, making it a strategic alternative in the carbon-neutral era.

Leveraging the Group's strengths in ferroalloys and presses, SIMPAC Global addresses vulnerabilities in Korea's steel scrap industry and pursues strategic partnerships grounded in eco-friendly values that go beyond simple raw-material supply. Working with major steelmakers, we improve supply stability and quality reliability; by systematizing the entire process of steel scrap collection, sorting, refining, and processing, we have built the infrastructure to stably supply high-quality, low-carbon raw materials at home and abroad. Our solutions simultaneously improve resource circulation rates, lower production costs, and support compliance with environmental regulations.

To lead the market, SIMPAC Global is concentrating sales and investment on nationwide logistics efficiency. We are adding yards by region and opening collection stations in new markets, while strengthening ties with specialist dismantlers to stabilize our supply chain management (SCM). By expanding our global customer base—particularly in scrap exports—we aim to become a leading resource-circulation company with strong international competitiveness.

Launched in September 2024, SIMPAC Global Dongbu is a newly affiliated subsidiary of the SIMPAC Group and the new name of the Dongbu Steel Changwon Plant, one of the largest steel scrap recycling companies in the Gyeongnam region. Together with the existing Daegu Center, the Group now operates a second large-scale scrap hub in Changwon and is moving quickly to expand its resource-circulation business.

As an approved supplier to major steelmakers such as SeAH Changwon Special Steel and Korea Steel, SIMPAC Global Dongbu serves as a strategic base that combines a stable sales platform with diversified sales channels and product specifications. The Group's financial strength, along with bulk purchasing and sales system, enables strong price competitiveness and logistics efficiency, while coordinated yard operations are expected to maximize internal synergies.

The steel scrap business marks a strategic pivot—addressing global oversupply and price competition faced by the existing ferroalloy unit, securing new growth engines, and diversifying the portfolio. Beyond scrap distribution, SIMPAC Global Dongbu will function as a core hub executing the Group's resource-circulation strategy with an execution-focused approach that integrates carbon reduction through material circulation, stable raw material procurement, and environmental responsibility.

Founded in May 2024, SIMPAC Atelier is the Group's B2C-focused affiliate. Expanding its portfolio with global brands and in-house brands across beauty, food and beverage (F&B), and design, it delivers refined brand experiences that enrich the senses and add sophistication to daily life.

Our first partner, Perfumer H, is a niche fragrance brand launched in London in 2015 by perfumer Lyn Harris. Grounded in natural ingredients, artisan glass, and seasonal collections that capture each season, the brand defines scent as invisible art and offers sensorial lifestyle products with a poetic touch. In August 2025, it opened its first Korean flagship near Dosan Park in Seoul, accelerating its domestic expansion with a lineup that blends scent, design, and craftsmanship.

In the F&B sector, we are preparing for the Korean launch of the Danish premium coffee brand La Cabra. Known for its light Nordic roasting philosophy, La Cabra combines specialty coffee with an artisan bakery model. All coffees use single-origin beans sourced directly from small farms. Through immersive, sensory-led experiences that harmonize gastronomy and spatial design, we aim to set a new benchmark in Korea's specialty coffee market. Through multidimensional brand expression—spanning product, space, and service—SIMPAC Atelier is creating new customer touchpoints for the Group. We will continue to enrich everyday life with distinctive aesthetics and refined lifestyle solutions, growing even closer to our customers.