News & Press Releases

Dongsung Finetec International’s project at Port of Lake Charles will support LNG projects, other industry

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South Korea-based Dongsung Finetec Co. Ltd. will create 250 new direct jobs and make a $5 million capital investment in a cryogenic insulation manufacturing facility in Lake Charles, Louisiana.

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Lake Charles, Louisiana—October 21, 2015—Dongsung Finetec International Inc., announced today that after more than three years of evaluating the US natural gas markets, it has moved forward with its plans to expand its operations from South Korea. Dongsung Finetec is well established as a world leading force in the development and manufacturing of many types of insulation, specializing in Cryogenic insulation.

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