Success Stories

Boasting Patented Technology Based on Long Experience, Securing Customer Trust through Prompt & Accurate Feedback
  • SELLER Date2024-04-11 13:36:33
    Portable Butane Can
    • Product Name

      Portable Butane Can

    • Product Category

      Industrial Supplies > Chemicals > Petrochemical Products > Other Petrochemical Related Products

    • Company Name

      HWASAN COMPANY, LIMITED.

Company Overview

Company name
Hwasan Co., Ltd.
CEO
Jang Joon Hyuk
Year of establishment
1991
Location
Gyeongsan-si, Gyeongsangbuk-do
Main product
Portable butane gas
Main countries of export
Europe

Overseas Marketing Overview with KITA

Export support program

tradeKorea AI-based Auto Match platform

Country of export

Europe

Export product

Portable butane gas

Export sales

USD 320,000

Build trust with fast and accurate feedback on customer orders

One of the items in which Korea ranks overwhelmingly first in the world is butane gas. The global market size for butane gas is approximately 700 million units, and most products produced domestically are intended for export to 70 countries around the world, including those made by Hwasan Co., Ltd. Founded in 1991, Hwasan is a manufacturer of portable butane gas products. With customer safety being prioritized under the motto of ‘safe products and convenient life’, the company has developed and registered a patent for an overpressure safety device for gas fuel containers, a long-awaited dream of the butane gas industry. The overpressure safety device developed by Hwasan is a structure that opens by the action of a spring when the pressure rises and closes when it decreases. By regulating the amount of gas released, the internal pressure of the butane gas can is lowered to prevent a rupture. This technology was Korea’s first-ever to pass the 'Special Standards for Manufacturing, Inspection and Charging of Joint Containers with Safety Valves for Portable Butane Combustors', and since 2011, it has been exporting portable butane gas with safety valves worldwide to prevent explosions, besides selling them domestically.

Our company is able to promptly review and make decisions on inquiries received from the customers.
Under our system, as soon as an order is received, the personnel in charge reviews it, determines the price,
and responds immediately, taking less than 10 minutes, compared to a competitor’s process that would take a day or two.

CEO Jang Joon Hyuk says that Hwasan's strength is that it is fast, accurate, and price competitive and proudly affirms that buyers' response has been quite positive because they can receive fast and accurate information from the manufacturer. On account of this, it is able to maintain an ongoing partnership with buyers upon entering into a single transaction. This is attributed to the mutual trust being established.

Matching that Combines the Needs of Buyers with the Capabilities of Small & Medium-Sized Businesses Equipped with Know-how

For Hwasan, which focuses on the export rather than the domestic market, the opportunity to earn high praise and the trust of buyers is more important than anything else. It has made tangible efforts to increase the frequency of exposure to its products through various channels, including the Korea International Trade Association support project. As part of this, a transaction with a leading buyer was finalized through the AI-based Auto Match platform by tradeKorea. The buyer is a company that distributes various types of butane gas for outdoor camping, and was seeking a butane gas manufacturer capable of OEM production of various designs. Given the fact that Hwasan holds a patent for butane cans with safety valves and is a manufacturer capable of OEM production of various designs, it met all the conditions to meet the needs of the buyer. The buyer learned about Hwasan after seeing the butane gas products posted through the AI-based Auto Match platform by tradeKorea and sent an inquiry asking if OEM production would be possible. Afterwards, Hwasan was able to confirm positive transaction intentions between two sides after consultations with tradeKorea and checking with the buyer whether OEM production would be possible, whether it had certification, pricing information, etc.
Then, the buyer exchanged emails with Hwasan for two months with the support of tradeKorea, and after detailed discussions on the OEM design, an order for 66,500 units, equivalent to one 40-ton container, was secured. The buyer is highly satisfied with the actual design confirmation and performance test results and plans to continue with more orders once supplies run out.

In fact, portable butane gas products are basically the same from any manufacturer,
and so we examined what our distinct competitive edge would be and thought of differentiating our delivery method.
During the process of loading products into a container, there is a high possibility that the box will move and tilt to one side.
By remediating this and bolstering the fastening work, it was possible to transport it in its original,
safe condition upon arrival at the site. Since it is a dangerous material,
we undertook adequate fastening work and ensured the buyer’s high satisfaction.

In addition, given the difference in the local time, we earned high praise from buyers for checking the emails in real time, even late at night and on weekends, and replying to them promptly. Hwasan participated in the Korea International Trade Association's support project two years ago, and finalized a deal with a Malaysian buyer, with whom it continues to build trust by maintaining a partnership to date. CEO Jang Joon Hyuk expressed his gratefulness to the trade association for looking positively on these elements and exposing company's products to various platforms. Domestic portable butane gas products account for a high portion of the global export market, but the market share of Chinese products has recently been growing. To hold this spread in check and maintain ‘Made-in-Korea’ products’ competitive edge in the market, it is paramount to secure customers by diversifying export countries. CEO Jang Joon Hyuk emphasizes that given the difficulty of finding genuine customers within the industry alone, assistance through support projects from various organizations, including the Korea International Trade Association, is more urgent than ever.

For small and medium-sized businesses, the business matching function performed
by the Korea International Trade Association makes a big difference.
For a company as small as ours, there is no way to check the information of various buyers worldwide.
It is not easy to tell whether or not a buyer is a genuine customer, but buyers matched by the trade association
are highly trustworthy. We are looking forward to its continuing role to provide a base for small
and medium-sized businesses to engage in fruitful business activities by discovering excellent buyers.

Success Point

Boasting patented technology
Fast and accurate feedback

Developed an overpressure safety device for gas fuel containers and completed patent registration, prioritizing customer safety. Exported Korea’s first-ever portable butane gas equipped with a safety valve to prevent an explosion. Reviewed and responded promptly to inquiries from buyers within 10 minutes. By providing prompt and accurate information, it is possible to build trusting relationships with buyers and create long-lasting partnerships.

Discovering buyers with
tradeKorea AI-based Auto Match

Boasting a patent for butane cans with safety valves that meet the needs of buyers who distribute butane gas for outdoor camping and make Hwasan's manufacturing capabilities compatible with OEM production of various designs. Achieved positive transactions between two companies through matching and communication using tradeKorea AI-based Auto Match platform. An order for 66,500 units, equivalent to one 40-ton container, has been completed, with additional orders expected due to buyer’s high satisfaction with sturdy fastening work during the loading of container products.

To. Korea International Trade Association

“Portable butane gas manufacturers are encountering difficulty exporting due to various issues in the international community. To overcome them, the mission placed on us is to diversify export countries and buyers. The fact is that large companies with adequate scale and systems are able to pursue sales activities to generate new customers, but relatively small and medium-sized businesses are struggling. In this situation, the business matching program supported by the Korea International Trade Association helps level the playing field. I hope that the trade association leverages its many diverse networks overseas to provide a source for making inquiries and opportunities to contact buyers.”

From. Jang Joon Hyuk, CEO of Hwasan Co., Ltd.

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