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Hwasung Thermoindo

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uuid002khzm

Namestring
Hwasung Thermoindo
Legal namestring
PT HWASUNG THERMOINDO
Company typeenum
Private
Founded yearint
1977
Descriptiontext

Hwasung Thermoindo, operating under the legal name PT Hwasung Thermoindo, is the sole authorized Indonesian distributor of Hwasung Thermo Korea, a truck refrigeration manufacturer established in 1977 and recognized as the oldest and largest in Korea. Founded in Indonesia in 2014 and headquartered in Jakarta with an installation and service workshop in Sidoarjo (Surabaya), the company sells and services a portfolio of seven refrigeration units covering the full spectrum of commercial vehicle sizes — from the HT 50 Mini and HT 50RT for small vans and Blindvans, through the HT 100, HT 250, and HT 500 for light to medium trucks, to the HT 950MB monoblock design and the HT 70 DWES MEGA F diesel-driven unit for large 10-meter box trucks. The product line supports three operation modes: Direct Drive (engine-powered via vehicle compressor), Diesel Drive (independent Yanmar diesel engine), and Electrical Stand By (PLN grid-powered for stationary loading).

The underlying technology integrates components from premium suppliers, including Yanmar diesel engines (Japan) and BOCK compressors (Germany), with proprietary features such as the Double Temperature System (DTS) enabling simultaneous frozen and chiller compartments via two evaporators, and Electrical Standby Units available in 1-phase or 3-phase configurations. Each unit supports either HFC R-134a or R-404a refrigerants and is compatible with 27+ vehicle types across Daihatsu, Hino, Isuzu, and Mitsubishi fleets.

The business model is hardware sales-led, with pricing handled through direct contact via a WhatsApp customer hotline and quote-based transactions. Revenue streams consist of unit sales across the seven product models plus aftermarket parts, installation hardware, and service support delivered through the Surabaya workshop. The go-to-market is direct enterprise sales targeting fleet operators in Indonesia's logistics, distribution, and retail cold-chain segments, with no disclosed e-commerce or third-party reseller channels. The website functions primarily as a product catalog and lead-generation tool, supplemented by a vehicle-based Product Selector that matches refrigeration units to truck specifications.

Short descriptiontext

PT Hwasung Thermoindo is the sole Indonesian distributor of Hwasung Thermo Korea's truck refrigeration systems, selling and servicing seven hardware models across small vans to large 10-meter trucks for cold-chain logistics and retail distribution fleets in Indonesia.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersJakarta, Indonesia
HQ citystring
Jakarta
HQ countrystring
Indonesia
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
truck refrigeration units, cold chain transport, refrigerated truck systems, transport refrigeration equipment, vehicle refrigeration manufacturing
Industry2 codes
1Refrigerated Truck/Bus Systems Service (Transport Refrigeration Units)
CodeTLAKABAIPrimaryYes
2Chilled / Fresh Transport (Refrigerated)
CodeTLADAHAGPrimaryNo
NAICS code3 codes
  • Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing33341
  • Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing333415
  • Refrigeration Equipment and Supplies Merchant Wholesalers423740
SIC code2 codes
  • Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip3585
  • Refrigeration & Service Industry Machinery3580
Product category
Truck Refrigeration Systems
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Truck Refrigeration Unit Sales
TypeHardware Sales
Description

Sale of truck refrigeration units including HT 100, HT 250, HT 500, HT 50 Mini, HT 950MB, HT 50RT, and HT 70 DWES MEGA F models. Units are sold for various truck sizes from small vans to large trucks (Fuso, Tronton).

hwasung-thermo.com
2Aftermarket Parts and Services
TypeHardware Sales
Description

Installation hardware, fuel pumps, and support services provided through Surabaya workshop. Customer hotline available for support.

hwasung-thermo.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

PT Hwasung Thermoindo is the sole Indonesian distributor of Hwasung Thermo Korea's truck refrigeration units, selling and installing hardware refrigeration systems (HT 50 Mini, HT 50RT, HT 100, HT 250, HT 500, HT 950MB, HT 70 DWES MEGA F) for refrigerated transportation of perishable goods. Offerings span small vans to large trucks with Direct Drive, Diesel Drive, and Electrical Standby power modes, plus optional Double Temperature System (DTS) configurations, supported by Jakarta sales and Surabaya workshop service.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Compatible with 27+ vehicle types from major brands including Daihatsu, Hino, Isuzu, Mitsubishi
+1 more record
Product overview1 text field

Hwasung Thermoindo is a truck refrigeration manufacturer from Korea (established 1977) that provides refrigeration solutions for transportation fleets transporting perishable products. The product portfolio consists of hardware-based refrigeration units organized by truck size capacity: HT 50 Mini and HT 50RT for small vans and blindvan trucks; HT 100 for light trucks; HT 250 for medium trucks; HT 500 for medium to big trucks; HT 950MB monoblock design for big trucks; and HT 70 DWES MEGA F for large trucks with 10-meter box capacity. Each product line offers multiple variants including direct drive (engine-operated), diesel drive (self-contained diesel engine), and ESC (electrical standby) options. Special feature modules include the Double Temperature System (DTS) for dual-temperature compartments and Electrical Standby Unit for PLN-powered operation.

Product and service7 records
1HT 100 Truck Refrigeration Unit
CategoryTruck refrigeration units
Description

Refrigeration system for light trucks supporting both chiller and freezer applications, used by fleet operators transporting chilled and frozen goods.

2HT 250 Truck Refrigeration Unit
CategoryTruck refrigeration units
Description

Refrigeration system for medium trucks supporting both freezer and chiller applications for fleet operators.

3HT 500 Truck Refrigeration Unit
CategoryTruck refrigeration units
Description

High-performance refrigeration system for medium to big trucks for both freezer and chiller applications.

4HT 50 Mini Truck Refrigeration Unit
CategoryTruck refrigeration units
Description

Chiller-application refrigeration system for small vans to medium trucks transporting fresh/chilled products, with electrical standby capability.

5HT 950MB Truck Refrigeration Unit
CategoryTruck refrigeration units
Description

Monoblock-design refrigeration system providing maximum loading space, suitable for big trucks for both freezer and chiller applications.

6HT 50RT Refrigeration Unit for Blindvan Trucks
CategoryTruck refrigeration units
Description

Refrigerant transport unit for Blindvan trucks designed for retail last-mile delivery, fitting standard 2.1m mall loading docks.

7HT 70 DWES MEGA F Truck Refrigeration Unit
CategoryTruck refrigeration units
Description

High-performance truck refrigeration unit for big trucks with 10-meter box length, supporting both chiller and freezer applications with independent diesel engine operation.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1PT Hwasung Thermoindo
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2014-01-01
Description

PT Hwasung Thermoindo is the sole authorized distributor for Hwasung Thermo Korea products in the Indonesian market. Established in 2014, they provide complete refrigeration solutions for transportation fleets in Indonesia including sales, installation, and after-sales support through their Jakarta and Surabaya offices.

hwasung-thermo.com
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers7 records
TypeDirect peer
Description

Thermo King, a brand of Trane Technologies, is the global market leader in transport refrigeration units for trucks, trailers, and railcars. It directly competes with Hwasung Thermo in the same product category, serving overlapping fleet-operator and cold-chain logistics customers across Indonesia and globally.

TypeDirect peer
Description

Carrier Transicold, part of Carrier Global, is one of the largest manufacturers of truck, trailer, and container refrigeration systems worldwide. It competes head-to-head with Hwasung Thermoindo for diesel, direct-drive, and electric standby TRU sales to Indonesian logistics and retail fleets.

TypeDirect peer
Description

Mitsubishi Heavy Industries produces transport refrigeration units widely used across Asian markets including Indonesia. Its product range overlaps directly with Hwasung's medium-to-large truck TRU lineup, particularly for medium-duty and Tronton-class fleets.

TypeDirect peer
Description

Zanotti, now part of the Daikin Group, is a long-established Italian transport refrigeration unit manufacturer with strong coverage in Europe, the Middle East, and Asia. Its product range in small-van to large-truck TRUs directly overlaps with Hwasung's core offering.

TypeEmerging player
Description

Kingtec is a China-based manufacturer of truck refrigeration units that has been expanding into Southeast Asian markets with competitively priced TRUs. It represents an emerging low-cost alternative to Hwasung's mid-tier diesel and direct-drive lineup, particularly for small to medium fleet operators.

TypeDirect peer
Description

Daikin, having acquired Zanotti and integrated its transport refrigeration business, offers truck and van refrigeration units across commercial vehicle classes. It competes with Hwasung Thermoindo for small-van to large-truck TRU sales, especially in chilled/fresh applications.

7Hubbard Refrigeration (Sub-Zero)
TypeDirect peer
Description

Hubbard Refrigeration supplies truck refrigeration units for the Australian, Asian, and Pacific markets, with comparable product breadth across vehicle classes. It is a regional TRU competitor targeting similar fleet operators and cold-chain logistics customers as Hwasung.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hwasung Thermoindo

Truck Refrigeration Systemshwasung-thermo.com

PT Hwasung Thermoindo is the sole Indonesian distributor of Hwasung Thermo Korea's truck refrigeration systems, selling and servicing seven hardware models across small vans to large 10-meter trucks for cold-chain logistics and retail distribution fleets in Indonesia.

What Hwasung Thermoindo does

Hwasung Thermoindo, operating under the legal name PT Hwasung Thermoindo, is the sole authorized Indonesian distributor of Hwasung Thermo Korea, a truck refrigeration manufacturer established in 1977 and recognized as the oldest and largest in Korea. Founded in Indonesia in 2014 and headquartered in Jakarta with an installation and service workshop in Sidoarjo (Surabaya), the company sells and services a portfolio of seven refrigeration units covering the full spectrum of commercial vehicle sizes — from the HT 50 Mini and HT 50RT for small vans and Blindvans, through the HT 100, HT 250, and HT 500 for light to medium trucks, to the HT 950MB monoblock design and the HT 70 DWES MEGA F diesel-driven unit for large 10-meter box trucks. The product line supports three operation modes: Direct Drive (engine-powered via vehicle compressor), Diesel Drive (independent Yanmar diesel engine), and Electrical Stand By (PLN grid-powered for stationary loading).

The underlying technology integrates components from premium suppliers, including Yanmar diesel engines (Japan) and BOCK compressors (Germany), with proprietary features such as the Double Temperature System (DTS) enabling simultaneous frozen and chiller compartments via two evaporators, and Electrical Standby Units available in 1-phase or 3-phase configurations. Each unit supports either HFC R-134a or R-404a refrigerants and is compatible with 27+ vehicle types across Daihatsu, Hino, Isuzu, and Mitsubishi fleets.

The business model is hardware sales-led, with pricing handled through direct contact via a WhatsApp customer hotline and quote-based transactions. Revenue streams consist of unit sales across the seven product models plus aftermarket parts, installation hardware, and service support delivered through the Surabaya workshop. The go-to-market is direct enterprise sales targeting fleet operators in Indonesia's logistics, distribution, and retail cold-chain segments, with no disclosed e-commerce or third-party reseller channels. The website functions primarily as a product catalog and lead-generation tool, supplemented by a vehicle-based Product Selector that matches refrigeration units to truck specifications.

Hwasung Thermoindo firmographics

Firmographics
Name
Hwasung Thermoindo
Legal name
PT HWASUNG THERMOINDO
Website
https://hwasung-thermo.com
Company type
Private
Founded year
1977
Operating status
Operating
Headcount range
11–50 employees
Short description
PT Hwasung Thermoindo is the sole Indonesian distributor of Hwasung Thermo Korea's truck refrigeration systems, selling and servicing seven hardware models across small vans to large 10-meter trucks for cold-chain logistics and retail distribution fleets in Indonesia.
Ownership category
akta.pro rank

Hwasung Thermoindo industry classification

Industry
Product category
Truck Refrigeration Systems
NAICS
Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Refrigeration Equipment and Supplies Merchant Wholesalers (423740)
SIC
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)
akta.pro primary industry
Refrigerated Truck/Bus Systems Service (Transport Refrigeration Units) (TLAKABAI)
akta.pro secondary industry
Chilled / Fresh Transport (Refrigerated) (TLADAHAG)

Keywords

  • Truck refrigeration units
  • Cold chain transport
  • Refrigerated truck systems
  • Transport refrigeration equipment
  • Vehicle refrigeration manufacturing

Where Hwasung Thermoindo is headquartered

Location

Headquarters

HQ city
Jakarta
HQ country
Indonesia
HQ region
Asia

Offices2 records

Markets served

Hwasung Thermoindo business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

  1. Truck Refrigeration Unit Sales: Sale of truck refrigeration units including HT 100, HT 250, HT 500, HT 50 Mini, HT 950MB, HT 50RT, and HT 70 DWES MEGA F models. Units are sold for various truck sizes from small vans to large trucks (Fuso, Tronton).
  2. Aftermarket Parts and Services: Installation hardware, fuel pumps, and support services provided through Surabaya workshop. Customer hotline available for support.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Hwasung Thermoindo product offering

Product offering

Core offering

PT Hwasung Thermoindo is the sole Indonesian distributor of Hwasung Thermo Korea's truck refrigeration units, selling and installing hardware refrigeration systems (HT 50 Mini, HT 50RT, HT 100, HT 250, HT 500, HT 950MB, HT 70 DWES MEGA F) for refrigerated transportation of perishable goods. Offerings span small vans to large trucks with Direct Drive, Diesel Drive, and Electrical Standby power modes, plus optional Double Temperature System (DTS) configurations, supported by Jakarta sales and Surabaya workshop service.

Product overview

Hwasung Thermoindo is a truck refrigeration manufacturer from Korea (established 1977) that provides refrigeration solutions for transportation fleets transporting perishable products. The product portfolio consists of hardware-based refrigeration units organized by truck size capacity: HT 50 Mini and HT 50RT for small vans and blindvan trucks; HT 100 for light trucks; HT 250 for medium trucks; HT 500 for medium to big trucks; HT 950MB monoblock design for big trucks; and HT 70 DWES MEGA F for large trucks with 10-meter box capacity. Each product line offers multiple variants including direct drive (engine-operated), diesel drive (self-contained diesel engine), and ESC (electrical standby) options. Special feature modules include the Double Temperature System (DTS) for dual-temperature compartments and Electrical Standby Unit for PLN-powered operation.

Differentiator

Problem solved

Functional benefit

Products and services

  • HT 100 Truck Refrigeration Unit Refrigeration system for light trucks supporting both chiller and freezer applications, used by fleet operators transporting chilled and frozen goods.
  • HT 250 Truck Refrigeration Unit Refrigeration system for medium trucks supporting both freezer and chiller applications for fleet operators.
  • HT 500 Truck Refrigeration Unit High-performance refrigeration system for medium to big trucks for both freezer and chiller applications.
  • HT 50 Mini Truck Refrigeration Unit Chiller-application refrigeration system for small vans to medium trucks transporting fresh/chilled products, with electrical standby capability.
  • HT 950MB Truck Refrigeration Unit Monoblock-design refrigeration system providing maximum loading space, suitable for big trucks for both freezer and chiller applications.
  • HT 50RT Refrigeration Unit for Blindvan Trucks Refrigerant transport unit for Blindvan trucks designed for retail last-mile delivery, fitting standard 2.1m mall loading docks.
  • HT 70 DWES MEGA F Truck Refrigeration Unit High-performance truck refrigeration unit for big trucks with 10-meter box length, supporting both chiller and freezer applications with independent diesel engine operation.

Quantifiable outcome

  • Compatible with 27+ vehicle types from major brands including Daihatsu, Hino, Isuzu, Mitsubishi
  • +1 more outcomes

Companies that use Hwasung Thermoindo

Customer profile

Segments3 records

Ideal customer profiles2 records

Hwasung Thermoindo technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Hwasung Thermoindo partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • PT Hwasung ThermoindocoreChannel Partner/ Reseller/ Distributor · 1 January 2014PT Hwasung Thermoindo is the sole authorized distributor for Hwasung Thermo Korea products in the Indonesian market. Established in 2014, they provide complete refrigeration solutions for transportation fleets in Indonesia including sales, installation, and after-sales support through their Jakarta and Surabaya offices.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Hwasung Thermoindo competitors and assessment

Company assessment

Direct peers

  • Thermo King: Thermo King, a brand of Trane Technologies, is the global market leader in transport refrigeration units for trucks, trailers, and railcars. It directly competes with Hwasung Thermo in the same product category, serving overlapping fleet-operator and cold-chain logistics customers across Indonesia and globally.
  • Carrier Transicold: Carrier Transicold, part of Carrier Global, is one of the largest manufacturers of truck, trailer, and container refrigeration systems worldwide. It competes head-to-head with Hwasung Thermoindo for diesel, direct-drive, and electric standby TRU sales to Indonesian logistics and retail fleets.
  • Mitsubishi Heavy Industries Thermal Transport: Mitsubishi Heavy Industries produces transport refrigeration units widely used across Asian markets including Indonesia. Its product range overlaps directly with Hwasung's medium-to-large truck TRU lineup, particularly for medium-duty and Tronton-class fleets.
  • Zanotti (Daikin Group): Zanotti, now part of the Daikin Group, is a long-established Italian transport refrigeration unit manufacturer with strong coverage in Europe, the Middle East, and Asia. Its product range in small-van to large-truck TRUs directly overlaps with Hwasung's core offering.
  • Daikin Refrigeration (Zanotti): Daikin, having acquired Zanotti and integrated its transport refrigeration business, offers truck and van refrigeration units across commercial vehicle classes. It competes with Hwasung Thermoindo for small-van to large-truck TRU sales, especially in chilled/fresh applications.
  • Hubbard Refrigeration (Sub-Zero): Hubbard Refrigeration supplies truck refrigeration units for the Australian, Asian, and Pacific markets, with comparable product breadth across vehicle classes. It is a regional TRU competitor targeting similar fleet operators and cold-chain logistics customers as Hwasung.

Emerging players

  • Kingtec Refrigeration: Kingtec is a China-based manufacturer of truck refrigeration units that has been expanding into Southeast Asian markets with competitively priced TRUs. It represents an emerging low-cost alternative to Hwasung's mid-tier diesel and direct-drive lineup, particularly for small to medium fleet operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Hwasung Thermoindo social profiles

Digital presence

Hwasung Thermoindo financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hwasung Thermoindo leadership team

Management profile

Number of profiles

Hwasung Thermoindo funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hwasung Thermoindo M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hwasung Thermoindo

What does Hwasung Thermoindo do?

PT Hwasung Thermoindo is the sole Indonesian distributor of Hwasung Thermo Korea's truck refrigeration units, selling and installing hardware refrigeration systems (HT 50 Mini, HT 50RT, HT 100, HT 250, HT 500, HT 950MB, HT 70 DWES MEGA F) for refrigerated transportation of perishable goods. Offerings span small vans to large trucks with Direct Drive, Diesel Drive, and Electrical Standby power modes, plus optional Double Temperature System (DTS) configurations, supported by Jakarta sales and Surabaya workshop service.

Is Hwasung Thermoindo a public or private company?

Hwasung Thermoindo is a private company. It is classified as corporate owned and is currently operating.

When was Hwasung Thermoindo founded?

Hwasung Thermoindo was founded in 1977. It employs 11 to 50 people.

Where is Hwasung Thermoindo based?

Hwasung Thermoindo is headquartered in Jakarta, Indonesia, in the Asia region.

How does Hwasung Thermoindo make money?

Two revenue lines are on record. Truck Refrigeration Unit Sales are the primary driver. The others are aftermarket Parts and Services.

Who are Hwasung Thermoindo's main competitors?

Direct peers on record are Thermo King, Carrier Transicold, Mitsubishi Heavy Industries Thermal Transport, Zanotti (Daikin Group), Daikin Refrigeration (Zanotti) and Hubbard Refrigeration (Sub-Zero). Kingtec Refrigeration is listed as an emerging player.

Does Hwasung Thermoindo have an API?

No public API is recorded for Hwasung Thermoindo.

What industry is Hwasung Thermoindo in?

Hwasung Thermoindo's product category is Truck Refrigeration Systems. Its primary akta.pro industry code is TLAKABAI, Refrigerated Truck/Bus Systems Service (Transport Refrigeration Units), with a secondary code of TLADAHAG, Chilled / Fresh Transport (Refrigerated). Its NAICS code is 33341 and its SIC code is 3585.

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