Höganäs opens new mixing plant in Korea

February 5, 2014

February 5, 2014

Höganäs AB has announced the opening of a new mixing plant in Busan, Korea. The new facility has a yearly capacity of 20,000 tons and is expected to make sales of SEK 400 million (€45 million) in the Korean market during 2014.

The mixing plant is Höganäs’ most modern one to date. It has been built to minimise the distance from warehousing to mixing, packing and finally delivery. The facility features a well-equipped test laboratory and has already received its first ISO 9000 certification.


Opening of Höganäs’ new metal powder mixing plant in Busan

Alrik Danielson, CEO and President of Höganäs AB, stated in an interview with the Korean Economic Daily, “Up until now, Höganäs Korea has mainly engaged in importing metal powders for customers such as Hyundai Motor and Kia Motors and their partner firms. Once the Busan plant is up and running, we will be able to customise our products to the needs of customers. The time it takes to deliver goods will also be reduced to a week from as much as three months.”

“We will also open markets in Southeast Asia. As we secured large tracts of land for the plant, we will consider capacity expansion sooner or later,” added Danielson. “Busan will be the centrepiece of our Asian strategy. After the demand from Japan, Taiwan, and other Asian markets rises, we will set out to expand the plant in Busan within three years.”

The inauguration began with ceremonial tree planting and ribbon cutting ceremony, followed by speeches from the Swedish Ambassador to Korea, the Vice Mayor of Busan and the Chairman of the Korea PM Association.


February 5, 2014

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Phoenix Sintered Metals: A story of transformation, growth and community from America’s PM heartland
  • World PM2024 Yokohama: The stage is set for the PM industry to find a path to sustainable growth
  • The state of Europe’s hard magnets industry and the challenge of optimising the mass production of Nd2Fe14B permanent magnets

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link