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STX Metal has accomplished asplendid achievement of being awarded the Export Tower by KITA(Korea International Trade Association), recording US$800million in export performance, following its US$600million Export Tower Award in 2011, US$300million Export Tower Award in 2010, and US$200million Export Tower Award in 2009. Such surprising consecutive drives of the company over the past 4 years were only after it was spun off in 2001 from STX of the former Ssangyong Heavy
Industries, which had been the driving force in bringing the Korean shipbuilding industry to the global stage. STX Metal’s performance in export contributed to the nation’s two years’ consecutive accomplishment of US$1 trillion trade.
A spokesperson of the company said “As a global company that makes 90percent of its entire sales from the global market,
STX metal will continue making the best efforts for endlessly contributing to the development of the local economy.
Based on technology expertise accumulated over 36 years, STX METAL supplies key parts and materials fordiesel engines.
The company turns out various competitive products such as cylinder liners, crankshafts, turbochargers and cargo pump systems. Amid the fierce competition in the shipbuilding industry, the company is ceaselessly striving to improve the technological capabilities of its products, including crankshafts. STX Metal has taken over a local specialized company in the field of shipbuilding equipment last year and thus consolidating its competency in the field. Now, STX Metal is preparing its second leap by localizing basic technologies including development of remote valve control system, advance into LNGC insulation box business.
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