- Full Time Employees
- 152
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Gunsan-si South Korea
- IPO Date
- Aug 29, 2000
- Business
- Essen Tech Co., Ltd. is a South Korea-based manufacturing company primarily engaged in the development, fabrication, and distribution of precision brass and copper alloy valves, pipe fittings, and metal components. Founded in 1985 as Wooil Metal and renamed Essen Tech Co., Ltd. in 1999, the company is headquartered in Gunsan-si, Jeollabuk-do, South Korea, operates production facilities within the Gunsan Free Trade Zone and Incheon, and is affiliated with non-ferrous metal producer Daechang Co., Ltd. as its largest shareholder. The company operates across multiple industrial sectors, supplying original equipment manufacturers (OEMs), distributors, and engineering contractors in the HVAC-R (heating, ventilation, air conditioning, and refrigeration), residential housing, gas utility, automotive, and shipbuilding industries. Essen Tech organizes its product portfolio into several core categories: refrigeration and air conditioning valves, including refrigerant ball valves, service valves, check valves, solenoid valves, and safety relief valves; liquefied petroleum gas (LPG) and high-pressure gas equipment, encompassing LPG cylinder valves, vessel shut-off valves, and high-pressure regulators; plumbing and piping systems, comprising brass heating manifolds, water distributors, copper alloy press fittings, and weldless pipe connectors; and precision forged components, consisting of automotive brass valves, precision brass forgings, and specialized mechanical joint parts. In recent company developments, Essen Tech has restructured its executive leadership with the appointment of Kim Sung-beom as co-representative director alongside Cho Si-young. The company has also expanded its technical portfolio through the launch of its proprietary SB1 weldless refrigerant fitting line engineered for next-generation eco-friendly refrigerants, while executing a strategic push into overseas HVAC-R markets across North America and Japan through expanded distribution alliances, elevating export revenue to over 40% of total sales. Operationally, the company has completed structural cost-efficiency programs that have restored operating profitability and expanded margins across its core export and industrial valve product divisions.