# Dongsung Finetec signs KRW 147.7 billion LNG carrier insulation supply contract with Samsung Heavy Industries

Dongsung Finetec announced it has signed a contract with Samsung Heavy Industries to supply cryogenic insulation materials for LNG carriers, valued at KRW 147.73527 billion. The contract runs until August 2, 2024.

- Type: Contract
- Announced: 2021-03-15
- Where: South Korea
- Value: $132.0M (147.7B KRW)
- Status: completed
- Products: cryogenic insulation materials for LNG carriers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/2004214), 2021-03-15: "동성화인텍은 삼성중공업에 1477억3527만 원 규모의 LNG운반선 초저온보냉재 공급계약을 체결했다고 15일 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.