|Company Name||: DONG IL METAL INDONESIA, PT|
|Business Status||: PMA|
|Address||: Bekasi International Industria|
|District||: Cikarang Selatan|
|City||: Kab. Bekasi|
|Province||: Jawa Barat|
|Zip Code||: 17550|
|Member of Associations||: None|
PT DONG IL METAL INDONESIA was established in the suburbs of Jakarta, Indonesia, on July 18, 1991, as a joint venture to produce container corner casting, between Korea's Hyundai Corporation and Dongil Metal Co., Ltd., and Indonesia's PT. Wadah Tegar. The company installed a CO2 process line, and started operation in June 1993. The joint venture, which received approvals on its plant from shipping bureaus (LR, ABS, BV, GL, and KR) in nations around the world, manufactures superior-quality products, and exports 50% of its products to container makers worldwide, and sells another 50% domestically.
The company started to develop high value-added cast steel products for heavy equipment in May 2002, and has since been expanding its output to reach 50% of its total sales in May 2004. The company has changed its production system to focus on cast steel for heavy equipment rather than for corner casting. Within this year, the company will increase the production ratio of cast steel for heavy equipment to 70~80%, thus striving to specialize in that product.
In particular, in February 2004, Dongil Industries Co., Ltd, took over the whole stake in this company owned by Hyundai Corporation, and by receiving the transfer of Dongil's production technologies and know-how, we will consolidate the ground to become a cast steel maker that produces superior-quality products, thus meeting customer quality requirements.