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Hanwha Chemical Corp. history, profile and corporate video

Hanwha Chemical Corp. engages in the production of chemical related products. Its products include polyethylene, polyvinyl chloride, chlor alkali, soluryl resin, carbon nano tube, nanoparticles, cathode materials, and renewable energy. The company was founded in August 1965 and is headquartered in Seoul, South Korea.”

“Hanwha Chemical History

Hanwha Chemical was established in 1965, produced Korea’s first polyvinyl chloride (PVC) in 1966, and localized low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE) production, helping the nation to emerge as a leading chemical producer. In the 1980s, the company was the first to enter the chlor-alkali (CA) field in Korea. Later, the company diversified into organic and inorganic chemical products.

In the 1990s, Hanwha Chemical localized the production of new materials, such as wire and cable compounds, paving the way into new value-added business areas. Advanced environmental protection systems were installed, solidifying the company’s leadership position, and process technology was commercialized for treating nonbiodegradable waste materials. These developments elevated national competitiveness by improving the environmental friendliness of and adding value to chemicals made in Korea.

The company continues to cultivate the people necessary to operate globally. Organizational efficiency has been improved to add greater flexibility and to accelerate decision making, thereby maximizing results. Hanwha Chemical aims to be a “Global Chemical Leader” by 2015, with sales of US$8.2 billion and operating profit of US$1.1 billion. To this end, new growth drivers are being sought, innovations are being made to improve cost competitiveness, and brand value is being maximized.”

*Information from Forbes.com and Wikipedia.org

**Video published on YouTube by “ Hanwha Chemical