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Dec. 2011

A Leading Cryogenic Insulation Expert. Dec. 2011. FINETEC CORPORATION. Contents. Introduction. Plant Division. Introduction. FINETEC Corporation. 1. Company Profile. Brief History. Introduction of FINETEC. Founded in 1985 Built PU system house in 1990 and focused on

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Dec. 2011

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  1. A Leading Cryogenic Insulation Expert Dec. 2011 FINETEC CORPORATION

  2. Contents • Introduction • Plant Division

  3. Introduction FINETEC Corporation

  4. 1. Company Profile Brief History Introduction of FINETEC • Founded in 1985 • Built PU system house in 1990 and focused on high performance cold insulation systems • Developed cryogenic insulation system for LNG in 1995 • Listed on KOSDAQ in 1997 • Established Research & Development Center in 1997 • Established FINETEC LOGSTOR in 2003 • Certified ISO 9001:2000 by DNV in 2003 • Certified ISO 14001:2004 by DNV in 2006 • Certified OHSAS 18001:2007 by DNV in 2008

  5. 1. Company Profile • Financial Information (Korean Million Won) • Factory Outline Factory Building Area Facilities Anseong #1 Insulation Panel, SGC#2 43,981 m2 12,043 m2 STS Membrane Anseong #2 31,916 m2 PU Foaming, SGC#1, Sandwich Panel Anseong #3 4,393 m2 PIR Pipe Cover Anseong #4 11,949 m2 PU System House, PU Foaming R&D Center • Employees

  6. 2. Management Philosophy Introduction of FINETEC Transparent & Honest Management Maximum Satisfaction of Customers’ Needs Environmental Friendly Policy

  7. 3. Main Business Introduction of FINETEC Others 5% Ship Equipment 60% Panel 7% PU 12% SGC 16%

  8. PIR Introduction FINETEC Corporation Plant Division Dec. 2011

  9. A What is PIR ? B Application C Certification & Test report D Main Reference CONTENTS

  10. A. What is PIR ? 1. Polyurethane 2. Polyisocyanurate(PIR) 3. PIR Production Process 4. Production Capacities 5. Compare with Continuous and Discontinuous Production 6. Containerized continuous Foaming & Cutting line on Project site

  11. Flame Membrane (Window) ( Foam Cell structure) <Mixing> <Resin> <MDI> <Product> <Foaming> 1. What is Polyurethane ? POLYURETHANE FOAM has ☞ the foam structure with chemical composition like “-NHCOO-” among molecules Cell

  12. 2. Polyisocyanurate (PIR) Isocyanurate Reaction (Trimerization Reaction) Trimerization 3 R-N=C=O Catalyst / Heat Isocyanate Isocyanurate R N O O C C N N R R C O • * PIR have • Heat stability by the ring structure made from isocyanurate • Little smoke & excellent non –combustible, due to low oxygen Index, • Excellent thermal conductivity with fine cell by trimerization • At least, more then 30 years can be guaranteed under max. • continuous operating temperatures as -163 ℃.

  13. 3. PIR Production Process LAB TEST PROPERTY TEST AGING BLENDING CUTTING FOAMING PACKING

  14. Lab Test & Property Test DEVELOPMENT OF PU RAW METERIAL

  15. Lab Test & Property Test * PIPE COVER TEST REPORT (PIR)*

  16. Comparison table between ASTM C 591 Requirements and FINEfoam 140

  17. System Blending BLENDING OF POLYOL, BLOWING AGENT, CATALYST etc

  18. System Blending ISOCYANATE BLOWING AGENT SILICONE POLYOL CATALYST BLENDING A B PUR / PIR

  19. Foaming PIR BLOCK FOAMING AT CONTAINERIZED CONTINUOUS LINE

  20. Aging AGING OF PUR/PIR FOAM (Minimum 15 days)

  21. PIR Contour Cutting CONTOUR CUTTING FOR PIPE COVER WITH CNC WIRE CUTTING MACHINE

  22. Packing * Protection 1ST : Carton box or Wooden Pallet 2nd : Air Bubbled Plastic film wrapping

  23. 4. Production Capacities * Based on one shift

  24. 5. Compare with Continuous & Discontinuous Production * Uniformity is the most important point for cryogenic insulation * Only uniform PIR can prevent the icing, crack & vapor permeability * Almost of LNG project in the world have used Continuous type’s PIR

  25. Discontinuous Product Air bubbles Hard skin * Molded type makes irregular properties because it has produced one by one at its molds. * It makes a lot of air bubbles on the surface and inside of PIR/PUR and as well as it makes hard skin.

  26. Discontinuous Product Icing • Cryogenic insulation is too much sensitive, some damaged point even small air bubbles, making an icing outside of insulation material. • Some Projects have used discontinuous type’s PIR to their own Project and it make some icing on the insulated Pipe. • Air bubble makes a weak point on the PIR and this point receive concentrated stress/load then make a crack finally.

  27. 6. Containerized continuous Foaming & Cutting line at Project site

  28. Advantage of containerized continuous foaming & cutting at Project site ☞Cost saving ☞On time delivery ☞ Easy the production plan control according to site situation ☞ Quality is checked & controlled by Owner at production site ☞ Final product can be stored in production shelter ☞ Easy movable to any Project site

  29. B. Application of PIR * LNG / LPG / LEG Terminal facilities Equipment Insulation Pipe Insulation

  30. Application * LNG & LPG Receivingterminal Pipe & Equipment Insulation

  31. C. Certification & Test Report ISO 9001Cert. OHSAS18001 Cert. ISO 14001 Cert.

  32. Test Report PIR Test Report ASTM C 591 Thermal Conductivity-ASTM C591

  33. Test Report ASTM E 84 Class 1 or NFPA Class A

  34. D. Main References CARRIER Total : 125(Completed) + 8 (Remained Order)

  35. Main References LNG TERMINAL 100% Market share for Domestic PIR business

  36. Main References OVERSEAS Export is Increasing for, especially, LNG & LPG plant

  37. THANK YOU VERY MUCH

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