Poongsan Corporation

Poongsan Corporation is a South Korean industrial group. The group works in three main business areas. These are fabricated non-ferrous materials, defense products and precision forging.

The fabricated materials business makes copper and copper alloy sheets and strips. It also makes rods, bars and wires, leadframe alloys, coin blanks and stainless steel strips. The website also names a biobrass product.

The defense products business makes military ammunition and commercial ammunition. Its range covers military ammunition, propellant powder and core ammunition components. The website lists these as separate product areas.

The precision forging business is the part that touches aviation. The Angang plant began its own forging facility when it was completed in the early 1970s. Later, the Korean government designated the company as a national precision technology plant and calibration center. The website says the plant is recognized globally as an international certification test center.

The Angang plant added two large hydraulic presses in 2004. They have capacities of 12,000 tons and 6,000 tons. The website says the presses allow the plant to make larger products, such as aluminum wheels for tanks and parts for warheads, guided missiles and torpedoes. The site also says Poongsan produces turbine blades that aircraft manufacturers look for.

The precision forging plant holds ISO/TS 16949 and SQ Mark approvals. These approvals allow it to supply parts to the automotive industry. The company has also received approval to supply parts to the shipbuilding industry. The plant uses several test centers and the DEFORM system for forging process design.

The group's subsidiaries include Poongsan Holdings, Poongsan Special Metal Corporation, Poongsan FNS, Poongsan Metal Service, Poongsan DAK and Poongsan Hwadong. The company runs a cyber reporting system for ethics concerns. The website also lists a corporate governance section, an ESG report and a safety and health policy. The Ethics section covers a code of ethics, compliance, partnership management and an ethics hotline. A Copper Gallery section shares the features of copper and its role in daily life.

Services

• Copper and copper alloy sheets and strips
• Rods, bars and wires
• Leadframe alloys
• Coin blanks
• Stainless steel strips
• Military ammunition
• Commercial ammunition
• Propellant powder
• Ammunition components
• Precision forging