sejin heavy industries - company introduction general

Company Introduction The Best of Best

SEJIN Heavy Industries Co., Ltd.

[email protected] www.sejinheavy.com

Sejin Heavy Industries Co., Ltd. www.sejinheavy.com

SEJIN Group Companies

SEJIN Group

Sejin Heavy Industries

(Ulsan, Korea)

DMC

(Kimhae, Korea)

Sejin (Yangnam, Korea)

Sejin Glass (Ulsan, Korea)

Sejin Innotech (Ulsan, Korea)

Sejin America (Alabama, USA)

Sejin Window Systems (Shanghai,China)

Living Quarter Offshore Structures

Deck House Mega Block LPG Tank

Crane Offshore Equipment

Deck Machinery

Car Accessories Heat Exchanger

Secondary Battery

Shipbuilding & Offshore Automobile Industry


1. Company Profile

SEJIN is a leading provider of deck house, ring block, upper deck, E/C,

funnel, LPG tanks, living quarter modules and other equipment and

structures for shipbuilding & offshore industries.

Foundation IPO(KOSPI)

Sep, 1999 30th Nov, 2015

Total Area 670,000㎡

Employees 3,600

Turnover $426 million (2014)

Lifting Capacity (Goliath Crane)

450Ton (W 80m x H 60m)

Quay (Direct Load-Out)

W 80m x L 100m x D 8.5m


2. Location & Accessibility

Sejin has great accessibility to major

shipyards in Korea such as HHI, SHI,

DSME.

HHI (Hyundai Heavy Industries)

Located at Ulsan, 40min by car.

SHI (Samsung Heavy Industries)

DSME (Daewoo Shipbuilding and

Marine Engineering Co., Ltd)

Located at Geo Je Island, 90min by car.


3. Main Products

• D/House & E/Casing

• LPG Cargo Tank

• Upper Deck Unit

Shipbuilding Offshore Plant

SEJIN provides clients reliable and cost-effective solutions for

Shipbuilding and Offshore projects.

• Living Quarter

• Topside Module

• Pipe Rack System


4. Offshore Plant Equipment/Facilities

• L/Q for Platform

• L/Q for Drillship

• L/Q for FPSO

• L/Q for Semi-Submersible

• Pre-Assembled Module

• Process Package

• Pipe Rack System

• Crane Barge

• Accommodation Barge

• Semi-Submersible Barge

Living Quarter Topside Module & Process Package

Specialty Barge


Basic Engineering

MC & Pre-Commissioning

Structural

Shop

Electrical

HVAC

Detail

F&G

Equipment

Bulk Procurement

Engineering

Construction

Arch.

Load-out & Sea-Fastening

>> E-House Collaboration

Strategy and Implementation

5. E-House


5-1. E-House – Proposed SOW

Description Project

Management

Engineering Procurement

Construction MC/

Pre-comm. Detail DWG

Shop DWG

Equip. Bulk

Material

Structural

SIEMENS/ SEJIN

SEJIN SEJIN SEJIN SEJIN SEJIN

Painting SEJIN SEJIN SEJIN SEJIN SEJIN

HVAC System SEJIN SEJIN SEJIN SEJIN SEJIN SEJIN

Electrical SEJIN SEJIN SIEMENS SEJIN SEJIN SEJIN

Lighting System SEJIN SEJIN SEJIN SEJIN SEJIN

F&G, Fire Fighting SEJIN SEJIN SIEMENS SEJIN SEJIN SEJIN

Architecture SEJIN SEJIN SEJIN SEJIN SEJIN

Insulation SEJIN SEJIN SEJIN SEJIN SEJIN

Flooring SEJIN SEJIN SEJIN SEJIN SEJIN

Pre-Commissioning SIEMENS / SEJIN

SIEMENS / SEJIN

SIEMENS / SEJIN

SIEMENS / SEJIN

SIEMENS / SEJIN

Load out SEJIN SEJIN

Sea-Fastening SEJIN SEJIN

>> Proposed Scope of Work


6. Module Fabrication & Construction

Modular Pipe Racks

Modular Process Equipment Packages

Pipe Spooling and Process Piping

Living Quarter Modules

Separation and Dehydration Skids

Structural Supports and Components

Pressure Vessel Fabrication

Custom Fabricated Products

Other Engineered Structures*

Sejin offers fabrication & construction services for both onshore and

offshore process and utilities modules. Our project offices and in-

house fabrication yards ensures a seamless interface between

engineering, procurement and fabrication. Our single point

responsibility delivery enables a surety of transfer of the design from

the drawing board, through the procurement cycle to the fabricated

module


7. Our Services for Offshore Projects

SEJIN Offshore division operates within a wide spectrum

of projects various size and complexity. We can also

undertake many types of projects ranging from

fabrication contracts to complete EPC(Engineering,

Procurement, Construction) projects.

Project management

Detail Design (3D modeling w/ PDMS)

Technical Clarification and Documentation

Fabrication and Construction

Mechanical Completion

Pre-Commissioning

Load-Out and Sail Away


8. Factories

2. Hak-Nam 3. San-Am 1. Won-San

Factory Summary

Factory Won-San (main)

Hak-Nam San-Am Yard 1 Yard 2

Address 216-18 Dangwol-Ro, Onsan-Eub, Ulju-Gun,

Ulsan, Korea 17 Hoehak 1 Gil, Onsan-Eub,

Ulsan, Korea 203-7 Sanam-Ro, Onsan-Eub,

Ulsan, Korea

Land (㎡) 275,000 205,000 113,000 22,000 55,000

Floor (㎡) 31,500 12,500 - 7,000 1,000

Total (㎡) 670,000㎡

Status LPG Tank, Mega

BLK, E/Room, Offshore

D/House, Mega BLK, E/Room,

Offshore

Under Construction Sub Ass’y P.E Ass’y


8.1. Main Factory (Won-San)

Quay

Goliath Crane

HQ


8.2. Work-Place Layout

HQ


9. Facilities

•Quay Specification Width : 80 m Length :100 m Depth : 8.5 m(Average)

•Available Berthing Ship Depth : 8.5 m Maximum : 20,000 P

Transporter

Module Trailer

Quay

Goliath Crane

•Available Transport Module Car : Max 6,000 ton

Others Cranes

• Semi Gantry Crane

• Gantry Crane

• Over Head Crane

• Tower Crane

• Crawler Crane

•Crane Specification Capacity : 450 ton Width : 80 m Height : 60 m


9.1. Facilities (Painting & Insulation)

Total

Capacity

48,000 Ton

/ Year

Shot Blasting Shop Painting Shop

Shop Maximum Block Size (m) Q’ty

Shot Blasting 28(W) X 37(L) X 15(H) 1

Insulation

27(W) X 40(L) X 26(H) 4

26(W) X 45(L) X 26(H) 1

30(W) X 45(L) X 26(H) 2

Painting

34(W) X 37(L) X 12(H) 1

24(W) X 37(L) X 12(H) 3

24(W) X 37(L) X 15(H) 3


10. Finance Status

4.4

13.4 13.4 13.4 13.4

20 20 20 20.5 20.5

US$0

US$5

US$10

US$15

US$20

US$25

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Capital Turn-over

130

180

256

322

270

360

320

375

426

460

US$0

US$100

US$200

US$300

US$400

US$500

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Unit : US Million Dollar Unit : US Million Dollar


10. Financial Status

Current asset 136,021 140,909 117,535

Noncurrent asset 284,402 277,850 276,497

Total assets 420,423 418,759 394,031

Current liability 174,093 194,026 175,106

Non-current liability 100,240 107,112 116,450

Total liability 274,333 301,139 291,556

Capital 21,946 20,516 20,000

Capital surplus 9,223 1,032 -

Capital adjustment 97 19 -

Accumulated other comprehensive income

- -4 -1

Earned surplus 114,824 96,057 82,477

Total capital 146,090 117,620 102,476

Sales 453,318 441,463 394,605

Sales cost 400,031 396,345 358,230

Gross margin 53,287 45,119 36,375

Distribution cost and maintenance cost

17,058 15,711 18,690

Operating profit 36,229 29,408 17,685

Other profit and loss -2,184 -479 -339

Other revenue 655 486 801

Other cost 2.839 965 1,141

Financial profit and loss -9.060 -10,064 -8,747

Financial profit 1,215 1,368 3,552

Financial cost 10,275 11,431 12,299

Net profit before income tax

24,985 18,866 8,598

Income tax expenses 5,844 4,181 1,515

Net profit 19,140 14,685 7,083


10. Financial Status


11. Organization Chart

Managing

Director

Management

Marketing

& Sales Engineering Production

Production

Support

Procurement

Material Admin LQ TFT

HSE QA/QC


12. Factory Capacity & Work Load

Division Product Ton

/ Month Ton

/ Year Unit

/ Year

Offshore

Living Quarter 500 6,000 2 Set

Topside Module 1,300 15,600 10 Set

Crane Barge/ Semi Barge

800 9,600 2 Ship

Others 1,000 12,000

Sub Total 3,600 43,200

Ship- building

Deck House 5,300 63,600 120 Ship

Upper Deck Block 3,200 38,400 40 Ship

LPG Tank / Others 7,200 86,400

Sub Total 15,700 188,400

Painting 4,000 48,000

Total 231,600

Ton / Year

L/Q 6,000

T/M 15,600

C/B 9,600

Other 12,000

U/D 38,400

L/T & Others

86,400

D/H 63,600


Unit : M/H

13. Factory Capacity & Work Load

-

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

16,000,000

Y2015 Y2016 Y2017 Y2018

3) Potential Load 2) Current Load 1) Capa.

Y2015 Y2016 Y2017 Y2018

1) Capa. 14,000,000 14,000,000 14,000,000 14,000,000

2) Current Load 12,740,000 11,794,000 9,828,000 6,879,600

3) Potential Load 918,000 702,000 983,000 688,100

4) Total Load (2+3) 13,658,000 12,496,000 10,811,000 7,567,700

5) Available Capa (1-4) 342,000 1,504,000 3,189,000 6,432,300

Available Capa


Total

3,626

Persons (Including Administration Workers)

65 13 30

39

69 22

192

32 9

Staff 471

Engineering

Marketing & Sales

Planning

Management Support

Purchasing & Material

HSE

Production

QA/QC

631

505

252

95

347

95

442

189

126 189 284

Workers 3,155

Welding

Outfitting

Grinding

Fairing

Piping

Architecture

Painting & Blasting

Insulation

Electricity

Helper

Manager & Staff

14. Manpower


15. QHSE Policy

SEJIN top management and

employees are committed to comply

with QHSE Policy throughout

company ensuring that quality, health,

safety and environmental goals are

achieved.

Execute QHSE Management System

Reinforce QHSE Technical expertise

Create Positive QHSE Culture

Improve Continuously

Satisfy Clients


16. Certificates


Streamline inventory receiving process with integrated ERP system.

Systematic evaluation on quality and vendor performance.

Exclusive distribution center for efficient logistics control

High degree of QHSE compliance.

Strict compliance with protection and preservation requirements in O&G project.

Warehouse-Yard2 Warehouse-Yard1 Warehouse Inside

Storage Areas •In House : 4,647m2 •In House (Air Conditioned) : 640m2 •Floor : 5,200m2 •Distribution Center : 43,000m2 (5 mins distance)

17. Material Control


18. Performance Record (Offshore)

Accommodation Package •Project : Semi-Rig •Client : HHI •Owner : Diamond Offshore

•Q’ty : 1 Ship •Weight : 1,317 ton •Scope : Fabrication •Delivery : 2014

Accommodation Package •Project : Shuttle Tanker •Client : STX •Owner : ELKA •Q’ty : 2 Ships •Weight : 1,300 ton •Scope : Fabrication •Delivery : 2012

Hull Structure •Project : Dock Wise •Client : HHI •Owner : Dock Wise •Q’ty : 78 Unit •Weight : 7,735 ton •Scope : Fabrication •Delivery : 2012

Accommodation Package •Project : Bergading CPP •Client : HHI •Company : Hess •Q’ty : 1 set •Weight : 1,800 ton •Scope : Fabrication •Delivery : 2016(E)


18.1 Performance Record (Offshore)

Flare Tower Module •Project : Goliat FPSO •Client : HHI •Owner : Eni Norge •Q’ty : 1 Unit •Weight : 400 ton •Scope : Fabrication •Delivery : 2014 •Standard : NORSOK

Pipe Rack Module •Project : Gorgon •Client : HHI •Owner : Chevron •Q’ty : 28 Unit •Weight : 3,800 ton •Scope : Block Painting

•Delivery : 2012

Pipe Rack Module •Project : KizombaⅡ •Client : HHI •Owner : Exxon Mobil •Q’ty : 20 Unit •Weight : 1,200 ton •Scope : Fabrication •Delivery : 2005

A/Platform Module •Project : Clair Ridge •Client : HHI •Owner : BP •Q’ty : 1 Unit •Weight : 600 ton •Scope : Fabrication •Delivery : 2014


18.2 Performance Record (Ship Building)

Deck House & Engine Casing •Client : HHI/HMD/STX etc •Owner : Various •Q’ty : 829 Ships •Scope : Fabrication •Delivery : 2004 ~

LPG Tank •Client : HHI/HMD/DSME etc •Owner : Various •Q’ty : 103 Ships •Scope : Fabrication •Delivery : 2005 ~

Upper Deck Block •Client : HHI/HMD/STX etc •Owner : Various •Q’ty : 425 Ships •Scope : Fabrication •Delivery : 2002 ~

Other Block •Client : HHI/HMD/DSME etc •Owner : Various •Q’ty :1,200,000 Ton •Scope : Fabrication •Delivery : 2009 ~


19. Our Clients

The Best of Best

SEJIN Heavy Industries Co., Ltd.

[email protected] www.sejinheavy.com

Thank You

sejin heavy industries - company introduction general

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