# Dongsung Finetec signs KRW 88.7B insulation panel supply contract with Hyundai Heavy Industries

Dongsung Finetec signed a KRW 88.7 billion contract with Hyundai Heavy Industries to supply insulation panels and membrane sheets, representing 24.3% of its 2021 revenue, with a contract period until July 20, 2025.

- Type: Contract
- Announced: 2022-06-29
- Where: South Korea
- Value: $68.0M (88.7B KRW)
- Status: completed
- Products: insulation panels, membrane sheets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Dongsung Finetec](https://endata.com/companies/2249.md)
- [Hyundai Heavy Industries](https://endata.com/companies/1382.md) (customer)

## Sources

- [nbntv.co.kr](https://www.nbntv.co.kr/news/articleView.html?idxno=979718), 2022-06-29: "동성화인텍은 현대중공업과 887억원 규모의 인슐레이션 패널, 멤브레인 시트 공급계약을 체결했다고 이날 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.