|| Young Poong Precision
Corporation (YPPC) is a member company of Young
Poong Business Group which is one of the 30 largest
industrial conclomerate in Korea.
Young poong business group can trace its history
back to 1949 when the chairman founded a small company
and expanded ever since its business domain to nonferrous
metal, mining, machinery, construction, trading,
insurance, environmental protection and recently
IT (Information Technology).
Currently, Young Poong group is the sole manufacturer
and supplier of the zinc, lead and few other non-ferrous
metals in Korea. Additionally. with the acquisition
of Big River Zinc Corporation of USA and completion
of brand new zinc plant of Sun Metals Corporation
in Australia, Young Poong group has become the largest
zinc producer in the world.
Meanwhile, YPPC was established by Korea Zinc in
1983 and started to develop chemical process pump
in 1984. Through discussions with the Duriron company
in USA, YPPC finally signed a technical license
agreement with Duriron in 1986 and started to manufacture
the ANSI chemical process pump early 1988 and undertook
the supply of process pumps to the variety of industries.
In Nov 2001, the 3rd 5 year-extension agreement
was signed, and in Dec 1993, quality management
system ISO 9002 was approved by Lloyd and has been
renewed to ISO 9001 in 2002 for the manufacture
of centrifugal pumps.
In addition to pump business, YPPC added valves
and its automation business in 1992. Initially,
YPPC valve sales was limited to those imported.
However, as per lots of needs from process industry
for more decent and quality ball valves especially,
YPPC started manufacturing his own ball valves
designed by Best Available Current Technology,
which are covering both JIS and ANSI standard.
In February 1998, YPPC's ball valves were certified
by API(certificate number 6d-0284) and ISO 9002
certified by Lloyd in June 2000, which has been
renewed to ISO 9001 in 2002. Now, it has been
renown domestically in process industry, and expanding
its sales to overseas with quality products and
In August 1995, YPPC bought a cast foundry in
Incheon. Since engaged in pump business, quality
castings were essentially required and it is true
that YPPC was seriously suffering from lots of
casting problems with domestic foundry.
In the meantime, as YPPC valve business added
ball valves to its product line, quality castings
were more demanded than ever before. YPPC's new
foundry successfully carried out in its solution
with improvement of casting quality for pumps
and valves under technical license with Flowserve(formerly
Duriron), USA, who has been engaged in its field
for more than 80 years. Now, WCB, CF8, CF8M, CD4M,
CN7M and other high alloys are available by no-bake
and resin shell molding from YPPC.
YPPC and many customers in domestic and overseas
are fully enjoying with high quality products
in such alloys.
At the same time, we developed the business
of GRP and environmental equipments along with
anti-corrossion lining system which also applies
to chemical industry in major. Now, those businesses
are highly reputed a leading supplier in its Korean
market and also expanding its quality to the outside
During the relative short period of time, YPPC
has jumped into the top process pump and valve
supplier as well as a best supplier of other chemical-related
products like a GRP and an environmental equipements
and materials in Korea, staffed with well-balanced
and closely coordinated group of engineers, planners,
mechanics and management who have distinguished
themselves in their respective
fields. YPPC has now won an outstanding reputation
among its clients both domestic and overseas.
Nowadays, customer's satisfaction is one of
the key elements to grow the business. For the
customer's satisfaction, YPPC has been on ongoing
improvement and positive change in accordance
with lots of economy and industry's unexpected
Especially, since 1995, YPPC started a quality
campaign "excel". It means that YPPC
is continuously trying to excel - more than meet
- customers' needs.
In 1995, such efforts for continuous quality improvement
produced the fruit with award as one of the top
100 Korean companies for quality management from
Korean Government Authority.
Under the diversification scheme, YPPC will invest
more into its
R & D activities for rotating and fluid handling
equipments and accordingly serve the process and
environmental protection industries successfully.