Union Materials Corporation (047400)

Overview

Union Materials Corp., along with its subsidiaries, operates in the manufacturing and distribution of ferrite magnets and related ceramic materials both within South Korea and on a global scale. The organization has laid its specialization in two primary segments: Ceramic and Ferrite. Historically known as Ssangyong Materials Corp., the company underwent a rebranding phase to adopt its current name in September 2017. With its headquarters in Daegu, South Korea, Union Materials Corp. aims to cater to a wide range of industries including automobiles, electrical and electronic engineering, and machinery, by delivering high-quality products and innovative solutions. The diversification of its product portfolio underlines Union Materials Corp.'s commitment to embracing technology and innovation to serve the dynamic needs of its customers effectively.

Products and Services

• Fine Ceramics Products:

  Union Materials Corp. offers an extensive range of fine ceramics products comprised of various materials such as alumina, silicon nitride, zirconia, and silicon carbide. These high-purity and high-performance ceramic materials find applications in numerous industrial domains due to their exceptional properties, including high strength, temperature resistance, and durability. Notably, these materials are utilized in the production of cutting-edge components like faucet discs, ferrule for fiber optics, metalized parts, and bio-ceramics, among others.

• Cutting Tools and Accessories:

  The company manufactures and provides a wide array of cutting tools and accessories designed for precision and efficiency. This includes cermet, ceramics, PCBN/PCD cutting tools, tool holders, milling cutters, endmills, and drills, alongside hydraulic expansion chucks. Engineered for superior performance, these tools find their utility in various machining and manufacturing processes, catering to the demands of the industry for high-quality, durable, and reliable tools.

• Industrial Ceramics:

  In addition to fine ceramics, Union Materials Corp. offers products that cater to the industrial ceramics sector. This encompasses a variety of specialized products like faucet discs, ferrule for fiber optics, metalized parts, bio-ceramics, and more. These products leverage the unique properties of ceramics to offer solutions that are not only durable and efficient but also tailored to meet the specific needs of different applications within various industries.

• Ferrite Magnets:

  The company also extends its expertise to the manufacture of ferrite magnets, including types like ARC for D/C motor applications and rectangular (block) type for industrial uses. Ferrite magnets, known for their coercivity and magnetic permanence, are essential components in a myriad of applications spanning from automotive motors to various industrial equipment. By offering diverse types of ferrite magnets, Union Materials Corp. ensures the availability of critical components that play an integral role in the operational efficiency and effectiveness of motors and industrial machinery.