For the next generation, PSM offers quality forgings for energy ...

93, Noksanhwajeon-ro, Gangseo-gu, Busan, Korea 46755Tel. +82.51.974.5800 Fax. +82.51.974.5858

http://www.psminc.co.kr/

PSM Co. Ltd.

For the next generation,PSM offers quality forgings for energy solutions

Company information

PSM Co. Ltd

93,Noksanhwajeon-ro, Gangseo-gu, Busan, Korea 46755

Forging, Flange, Steel products

Company

Address

CONTENTS

01

02

03

04

06

12

13

14

16

17

Company information

Greetings from CEO

History

Manufacturing process diagram

Products Introduction

POINTS (POI)

Quality assurance per process

Certificate

Quality inspection equipment

Customer inquiry Business description

1


·Established Pyungsan Metal Co. Ltd.

·Produced FLANGE for wind power generation tower for the first time domestically

·Listed in KOSDAQ (Trademark changed to Pyungsan Co. Ltd.)

·Restructured Pyungsan Co. Ltd. (Corporate rehabilitation procedure)

·Awarded 10 million-dollar export tower on Trade Day

·Constructed integrated production management system (SMART FACTORY)

·Developed forgings for defense industry

·Constructed production system annually for 50,000 tons

·Constructed mass production system of forgings for valves

·New managing owner took over Noksan plant

·Changed trademark to PSM Co. Ltd.

1986

2003

2006

2013

2014

2016

2017

2018

HistoryGreetings from CEO

PSM is a company specialized in production of forgings such as

wind power generation, valve, chemical engineering plant, defense, etc. based on

long experience & accumulated technology competence since its establishment in 1986.

We are carrying out the second leap since the current management group launched in 2014.

We will grow up as a protagonist for future energy industry with ceaseless challenging spirit & passion

in the forthcoming days as well.

Also, we will develop as the company that can be trusted & loved by customers with

the quality policy as top priority based on firm ethical management & technology competence.

Thank you very much.

3


2

For the next generation, PSM offers quality forgings for energy solutions.

Manufacturing process diagram

1 Cutting 2Heating 3Forging (Press) 4Ring mill 5Heat treatment

6Material inspection 7Processing 8Overall decision 9Painting & packing 10Shipment

Suitable cutting methods employed according to the characteristics per grade- Flame cutting, Band saw cutting, etc.Optimized cutting design with utilization of POI- Cutting automation design according to computer simulationCoherence Check for cutting design contents (weight, model)

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·

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Control the heating temperature through the latest automatic temperature control system Monitor the whole process from loading to extraction utilizing POIForm of heating furnace: Batch TypeNo. of retained units : 17 units (30~50 Ton)Production capability: Monthly 20,000 Ton

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·

···

Optimized manufacturing technology retained forshape forging (shape, dimension)Forging method: Hot free forging utilizing a hydraulicpress No. Of retained units: 3 units (2,000~3,000 Ton)Production capability: Monthly 10,000 TonMaximum unit weight: 20 Ton

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·

···

Optimized manufacturing technology retained forshape ring mill (shape, dimension)Ring mill method: Horizontal TypeNo. of retained units: 3 units (3~6m)Production capability: Monthly 10,000 TonMaximum unit weight: 20 Ton

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····

Temperature control through the latest automatic control systemCustomized heat treatment operation technology retained according to product characteristics- Normalizing, annealing, quenching, temper ing, solid solutioning treatment, etc.Type of heat treatment furnace : Car Bottom Type, Bell TypeNo. of retained units: 6 units (30~50 Ton)Production capability: Monthly 6,000 Ton

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··

Shipment schedule & shipment directed through POI computer system- Nationwide all-region network constructed for domestic transport- Transport businesses determined through electronic bidding per unit case for export itemsLoading status provided to customers through homepage (customer service center)

Business-affiliated research laboratory operated (metal materials)Management, qualification & calibration of measur-ing instruments performed according to ISO9001Retained test equipment: Tensile tester, impact tester, composition analyzer, hardness tester, etc.

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·

·

Related companies (Pyungsan Windtech)dedicated to processing of PSM products retained- Processing equipment such as turning machine, boring machine, MCT, etc. retainedSpecialized processing of wind power genertion parts & valve parts - Suppliers` processing technologies super vised

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·

100% inspection & real name system for inspec-tion executedManufacturing history per product managed through POI computer systemCustomer-tailored quality management system operated Nondestructive inspection (NDE) operated by specialized approved businesses- Objective public confidence of products secured

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·

·

·

Painting method: Long/short term rust inhi- bition,paint, etc.Optimum packing lot configured according to product configuration Packing method: Skid, Pallet, Box, etc.

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A process where raw materials such as slab, etc. produced at ironworks are cut into a size suitable for forging operation.

An operation where the cut raw material is heated to a temperature suitable for press, ring mill operation.

A process where the heated raw material is forged to a suitable shape & size per product.

A process where the ting-shaped product is precisely formed to a desired size.

A final process to satisfy mechanical properties by heating & cooling of the material with forming operation completed.

A process where the completed products are moved to the place designated by the customer.

A process where internal properties & stre ngth of the products with heat treatment completed are confirmed.

A process where drawing-based product srequired by customers are made by using machine tools.

Overall acceptance status decision of the quality required by customers for completed products. (material,appearance,dimension, nondestructive result, etc.)

A process of processing to prevent damage, rust, contamination, etc. of the completed products

54

For the next generation, PSM offers quality forgings for energy solutions. http://www.psminc.co.kr/

Production grade

Material name

● CHEMICAL COMPOSITION

● MECHNICAL PROPERTIES

StandardChemical composition (wt,%)

C

S275NL

S355NL

42CrMo4

18CrNiMo7-6

34CrNiMo6

EN 10025-3

EN 10025-3

EN 10083-3

EN 10084

EN 10083-3

Si Mn P S Cr Mo Ni Al

Max.0.16

Max.0.40

0.50~1.50

Max.0.025

Max.0.020

Max.0.30

Max.0.10

Max.0.50

Min.0.02

Max.0.18

Max.0.50

0.90~1.65

Max.0.025

Max.0.020

Max.0.30

Max.0.10

Max.0.50

Min.0.02

0.38~0.45

Max.0.40

0.60~0.90

Max.0.025

Max.0.035

0.90~1.20

0.15~0.30

- -

0.11~0.17

Max.0.40

0.50~0.90

Max.0.035

Max.0.035

1.50~1.80

0.25~0.35

1.40~1.70

-

0.30~0.38

Max.0.40

0.50~0.80

Max.0.025

Max.0.035

1.30~1.70

0.15~0.30

1.30~1.70

-

Product

S275NL

Tensile Test Charpy Impact Test

S355NL

Tower Flange

Ring for Bearing

Other Products

42CrMo4

34CrNiMo6

EN 10025

EN 10025

EN 10083

EN 10083

205~275

275~325

≥ 550

≥ 600

350~510

450~630

≥ 800

≥ 800

≥ 23

≥ 22

≥ 13

≥ 13

≥ 50

≥ 55

-20

-50

-40

0

≥ 40

Y,S (Mpa) T,S (Mpa) EL (%) RA (%) Temp. (℃) AVE. (J)

≥ 27

≥ 27

≥ 45

Steel Grade Standard

Mechanical Properties

Parts for wind power generation

Products introducing

DOOR FRAME FOUNDATION

PITCH BEARING

YAW BEARING

TOWER FLANGE

※ Customers` special demands are confirmed through specification review

76


Production grade


StandardC

A105

A350 LF.2

A182 F304/F304L

A182 F316/F316L

A182 F347/F347L

ASTM A105

ASTM A350

ASTM A182

ASTM A182

ASTM A182


Max.0.35

0.10~0.35

0.60~1.05

Max.0.035

Max.0.040

Max.0.30

Max.0.12

Max.0.40

-

Max.0.30

0.15~0.35

0.60~1.35

Max.0.035

Max.0.040

Max.0.30

Max.0.12

Max.0.40

-

Max.0.030

Max.1.00

Max.2.00

Max.0.045

Max.0.030

18.0~20.0 -

8.0~11.0

-

Max.0.030

Max.1.00

Max.2.00

Max.0.045

Max.0.030

16.0~18.0

2.00~3.00

10.0~14.0

-

Max.0.08

Max.1.00

Max.2.00

Max.0.045

Max.0.030

17.0~20.0 -

9.0~13.0

-

ASTM A182 Max.0.15

Max.0.50

0.30~0.60

Max.0.030

Max.0.030

4.0~6.0

0.44~0.64

Max.0.50

-

ASTM A182 Max.0.15

Max.1.00

Max.1.00

Max.0.040

Max.0.030

11.5~13.5 -

Max.0.50

-

ASTM B564 Invar 36, Monel 400/500K, Inconel 600 / 718 / 825 (Contact us separately)


Product

A105


A350 LF.2

Valve A182 F304/316/347

A182 F5

ASTM A105/A105M

ASTM A350/A350M

ASTM A182/A182M

ASTM A182/A182M

≥ 250

≥ 250

≥ 205

≥ 275

≥ 485

≥ 485

≥ 515

≥ 485

≥ 22

≥ 22

≥ 30

≥ 22

≥ 50

≥ 30

≥ 30

≥ 50

A182 F6a ASTM A182/A182M ≥ 275 ≥ 485 ≥ 18 ≥ 35

-46 ≥ 20




Material nameChemical composition (wt,%)

A182 F5

A182 F6a

Non-ferrous

Valve parts

GATE VALVE BODY

BALL

SEAT

CAP

BODY



98


Production grade


StandardC

A266 Gr.4

SF590A

S48C

SNCM439

SCM440

ASTM A266

JIS G 3201

JIS G 4051

JIS G 4053

JIS G 4053


Max.0.30

0.15~0.35

0.80~1.35

Max.0.025

Max.0.025 - - - -

Max.0.60

0.15~0.50

0.30~1.20

Max.0.030

Max.0.035 - - - -

0.45~0.51

0.15~0.35

0.60~0.90

Max.0.030

Max.0.035 - - - -

0.36~0.43

0.15~0.35

0.60~0.90

Max.0.030

Max.0.030

0.60~1.00

0.15~0.30

16.0~2.00

-

0.38~0.43

0.15~0.35

0.60~0.90

Max.0.030

Max.0.020

0.90~1.20

0.15~0.30

Max.0.25

-

SSWQ1R JIS E 5402-1 0.60~0.75

0.15~0.35

0.50~0.90

Max.0.045

Max.0.050

Max.0.30 - -

Max.0.30

Non-ferrous ASTM B247 Al 2014 / 5083 / 6061 / 7075 / 7175 (Contact us separately)

Material nameChemical composition (wt,%)


Product

A266 Gr.4


SF590A

General

S45C, S48C

SCM440

ASTM A266/A266M

JIS G 3201

JIS G 4051

250

≥ 490

≥ 835

485~655

≥ 590

≥ 980

20 33

≥ 17

≥ 12

≥ 45

≥ 45

20

20


78J/㎠

59J/㎠

SNCM439

JIS G 4053

- ≥ 1080 ≥ 12 ≥ 40 20 69J/㎠

STS 304/316/347 JIS G 4303 ≥ 205 ≥ 520 ≥ 40 ≥ 50



General industry items

FLANGE TUBE SHEET CHANNEL COVER

NOZZLE FORGED NECK WHEEL

KILN TIRE GIRTH GEAR



1110


Our company conducts 100% inspection for final products, & is implementing traceability management

for products by granting a la carte number per product through the POI computer system.

Quality assurance per process

Purchasing ofraw materials

Incominginspection ofraw materials

Forging

Heat treatment

Roughmachining

Nondestructiveinspection

Mechanicalproperty test

Finishmachining

Final inspection

Marking& shipment

Process

Mill Sheet(Purchasing specifications)

Chemical composition,dimension inspection,

visual inspection


visual inspection


visual inspection

Forging operation standard

Heat treatment chart,dimension inspection

Self inspection record

NDE (UT) inspection

Tensile, impact test,Grain size test

Self inspection record,100% inspection

NDE inspection,dimension,

visual inspection

Confirmation of marking& painting, packing



Heat treatment chart,dimension inspection,hardness inspection


NDE (UT) inspection

Tensile, impact test,non-metallic inclusion test,

Grain size, Jominy test



visual inspection




Heat treatment chart,dimension inspection


NDE (UT) inspection

Tensile, impact test,Grain size test,

Corrosion Inspection



3D inspection


Process sequencediagram

Interior Exterior

Product Category

Wind power flange Bearings for wind turbine Valve components

POINTS(POI)

Through real time performance input, it is a system that enables customers, machining companies,

logistic companies and all participants to check the status of manufacturing progress.

Raw material Cutting Heating Forging Ring Rolling Mill Heat Treatment

Material Inspection Machining OverallDecision Painting and Packing Shipment

Operation management

ERP (DOUZONE)

FinancialAccounting

HumanResource

Trade

Order Management

Quotation

Order Management

Shipping Management

Process Plan

Material Design

Quality Management

Quality Design

Inspection and Judgement

NCR Management

Inspection Report Issue

ManufacturingManagement

Factory Load Adjustment

Cutting Instruction

Head Treatment Instruction

Progressmanagement

Manage order progress

Delivery management

Raw MaterialManagement

Raw Material Warehousing

Inventory Management

Facility Management

Equipment History Card

Daily Inspection of Facilities

OutsourcingManagement

Ordering and ProgressManagement

Shipment, WarehousingManagement

Purchasing, MaterialManagement

Ordering, Warehousingand Shipment

Inventory Management

Cost

MES

Statement

ManufacturingPerformance

Sales Performance

POINTS(POI) Diagram

GeneralManagement

Consistent manufacturing process system for customized order, manufacturing and shipment.

PSM Online Integrated System

1312


CERTIFICATE OF FORGING FACILITY AND PROCESS APPROVAL

This is to certify that a representative of ABS did, at the request of

PSM93, NOKSANHWAJEON-RO, BUSAN, Korea, Republic of

attend its facilities as indicated in the ABS Busan Port port office survey report number 2831298 dated 14April 2015 in order to carry out a survey of the facilities and associated quality procedures. The facility isconsidered capable of manufacturing

Steel Forging components for marine applications in accordance with the ABS Approval letter (Reference 991969), ABS Rules, designated standards andABS approved drawings. The approval is valid till 13 April 2020 subject to adherence to relevant ABSRules, Survey requirements and annual endorsement by an ABS representative.

CERTIFICATE NUMBERFOR-991969

ISSUING OFFICEHouston Ship Engineering

_____________________________________Marcus CridlandChief Metallurgist, ABSISSUE DATE: 14 April 2015EXPIRY DATE: 13 April 2020

FIRST ANNUALENDORSEMENT:

SECOND ANNUALENDORSEMENT:

THIRD ANNUALENDORSEMENT:

FOURTH ANNUALENDORSEMENT:

MAR A CERT R1

Form code: AM 1462a Revision: 2015-06 www.dnvgl.com Page 1 of 1

© DNV GL 2014. DNV GL and the Horizon Graphic are trademarks of DNV GL AS.

APPROVAL OF MANUFACTURER CERTIFICATE

Certificate No: AMMM00000E4

This is to certify:

That

P.S.M.Inc (Gangseo factory)

Busan, Republic of Korea is an approved manufacturer of Steel Forgings in accordance with Det Norske Veritas' Rules for Classification Pt. 2 Offshore Standard DNV-OS-B101 and the following particulars:

Steel types Carbon and carbon-manganese,

Alloy, Austenitic stainless

Max. weight 30 000 kg

Manufacturer approved by this certificate is accepted to deliver according to DNV GL, DNV and GL rules. This Certificate is valid until 2019-12-31.

Issued at Høvik on 2016-03-01

DNV GL local station: Pusan Approval Engineer: Shylate Mahachi

for DNV GL

Hanne Anita Hjerpetjønn

Head of Section

Digitally Signed By: Gran, Terje

Signing Date: 07.03.2016

Location: DNV GL Høvik, Norway

, on behalf of

ABS(American Bureau of Shipping, USA)

CCS(China Classification Society, China)

DNV-GL(Det Norske Veritas -

Germanischer Lloyd)

KR(Korean Register of Shipping, Korea)

NK(Nippon Kaiji Kyokai, Japan)

LR(Lloyd`s Register of Shipping, UK)

Certificate

ISO 9001 : 2015 ISO 14001 : 2015 OHSAS 18001:2007

Bureau Veritas S.A. .- Newtime - 52 Boulevard du Parc - Ile de la Jatte - 92200 Neuilly sur Seine

GM MAT 001 rev02 – Approval Certificate 1/4 January 1, 2017

APPROVAL CERTIFICATE FOR QUALITY ASSURANCE SYSTEM OF MATERIAL MANUFACTURING

CERTIFICATION D’APPROBATION DE SYSTEME DE QUALITE POUR LA FABRICATION DE MATERIAUX

N° CE-PED-MM-PSM-001-18-KOR

BUREAU VERITAS S.A., hereby certifies that the below named material manufacturer has an appropriate Quality Assurance System that has undergone a Specific Assessment for Material according to:

The European Pressure Equipment Directive 2014/68/EU and its annex 1 §4.3

BUREAU VERITAS S.A., certifie que le fabricant de matériaux mentionné ci-dessous a un système d’assurance qualité approprié qui a fait l’objet d’une évaluation spécifique pour les matériaux conformément à :

La directive européenne 2014/68/CE et son annexe 1 §4.3

Manufacturer (name) / Fabricant (nom): PSM, Inc.

Address / Adresse: #93, Noksanhwajeon-ro, Gangseo-gu, Busan, 46755 Korea

Identification of material concerned (list attached when necessary): see Annex pages 2/4, 3/4 & 4/4 Identification des matériaux concernés (liste en annexe le cas échéant) :

Quality Assurance system approval number: 10BK00809, Valid date : January 05th, 2018Numéro d’approbation du système d’assurance qualité

This certificate is valid until: January 06th, 2021 Cette attestation est valable jusqu'au :

The approval is conditional upon the surveillance audits, tests and verifications to be carried out by Bureau Veritas KOREA, as per the provisions stated in the agreement signed by both the manufacturer and Bureau Veritas. Le maintien de l'approbation est soumis à la réalisation par Bureau Veritas COREE des audits, essais et vérifications selon le contrat signé par le fabricant et Bureau Veritas.

This certificate shall be deemed to be void and the manufacturer shall alone bear any consequences pursuant to its use, where the manufacturer fails to comply with his undertakings as per the agreement in respect of implementation of the approved quality system and inspection and tests on the final product. Cette attestation est présumée nulle et le fabricant supportera seul les conséquences de son utilisation, si les assurances données par le fabricant lors de la demande d'intervention en matière d'application de son système qualité approuvé, et d’inspection et d’essais des produits finis se révèlent inexactes.

Issued at / Etabli à On / Le Signed by / Rédigé par Checked by / Vérifié par

Seoul January 07th, 2018 Hwail PARK

Isabelle DAM

Registration code / Code d'enregistrement: 2018/01.204,01/M

This certificate is subject to terms of General Conditions of Service attached to the agreement signed by the applicant. La présente attestation est soumise aux Conditions Générales de Service jointes à la demande d’intervention signée par le demandeur.

CE-PED(CE MARKING_PED)

CE-CPR(CE MARKING_CPR)

NORSOK M650 QTR (A182F51 & F53)

1514


Customer inquiry

Overseassales team

Domesticsales team

Managementsupport team

Purchasing team

Sortation Name Contact E-mail

Robin Kim

Jake Kwon

Jae-Duk Kim

Sang-yoon Eom

Yoon-Sung Choi

Gi-Baek Yun

Hey-Sik Jung

+82 51 974 5834

+82 51 974 5835

+82 51 974 5832

+82 51 974 5810

+82 51 974 5840

+82 51 970 0015

+82 51 974 5925

[email protected]

[email protected]

David Chung +82 51 974 5836 [email protected]

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

We keep our trust with our customers by conducting thorough inspections

on all products bearing the name of PSM

* More than 30 types of inspection equipment retained other thanthe above-mentioned quality inspection equipment.

Tensile tester Charpy impact tester Metallic microscope

Composition analyzer Brinell Hardness Tester Vickers Hardness Tester

Quality inspection equipment

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For the next generation, PSM offers quality forgings for energy ...

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