# Dongsung FineTec wins KRW 56.25B insulation supply contract from Samsung Heavy Industries

Dongsung FineTec announced a contract to supply cryogenic insulation materials for LNG carrier cargo tanks to Samsung Heavy Industries. The contract is valued at KRW 56.25 billion and runs from July 18, 2019 to December 31, 2021.

- Type: Contract
- Announced: 2019-07-18
- Where: South Korea
- Value: $48.0M (56.3B KRW)
- Status: announced
- Products: cryogenic insulation materials for LNG carriers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Samsung Heavy Industries](https://endata.com/companies/1440.md) (customer)
- [Dongsung Finetec](https://endata.com/companies/2249.md) (supplier)

## Sources

- [etnews.com](https://www.etnews.com/20190719000070), 2019-07-19: "동성화인텍(033500)은 LNG수송선 화물창용 초저온보냉재 공급계약에 관한 단일판매ㆍ공급계약체결을 19일에 공시했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.