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Hanwha Corp. history, profile and corporate video

Hanwha Corp. engages in the distribution of chemical products. It operates through the Explosives and Trade divisions. The Explosives division offers commercial explosives, aerospace, and technologically advanced defense industry products. The Trade division deals with items such as raw materials, food resources, daily goods, petroleum, and metal. It also engages in the development of natural resources, enters into partnerships with other global companies, and makes direct foreign investments. The company was founded on October 28, 1952 and is headquartered in Seoul, South Korea.

“Hanwha Corp History

The Turning of a New Chapter 2000 ~ Present The Innovation Years

Dec. 2008 – Honored with an award for breaking the USD 2 billion mark in exports at the 45th Trade Day celebrations

Apr. 2008 – Integration of Gumi and Changwon plants.

Sept. 2007 – Acquisition of Sentech Inc.

July. 2007 – Second-round sale of units in the Incheon EcoMetro plant sites

Jan. 2007 – Construction of Main Research & Development Center completed

Oct. 2006 – First-round sale of units in the Incheon EcoMetro plant sites

Oct. 2006 – Relocation of the Incheon plant to Bo-eun completed

May 2005 – Project agreement executed for Incheon plant site development

Nov. 2003 – Sale of information and communications division’s switchboard business

June 2003 –  Sale of information and communications division’s mobile telecommunication business

Apr. 2003 – Declaration of ethical management

July 2002 – Spin-off of Hanwha Machinery and Hanwha TechM from Hanwha E&C

Dec. 2001 – Acquisition of Daewoo Electronics’ Teuksan plant(Gumi plant)

Sept. 2000 – Acquisition of aircraft parts plant (Cheonan plant)for the Machinery Division

Taking a Bold Step Forward 1980 ~ 1999 The Acceleration Years

Dec. 1998 – Acquisition of Hanwha Machinery (today’s Hanwha TechM) for the Machinery Division

Nov. 1998 – Honored with a silver medal and an award for breaking the USD 1 billion mark in exports at the Trade Day celebrations

Oct. 1996 – Acquisition of Hanwha Electronic Information Communications Inc. for the Information Communications Division

Jan. 1996 – Acquisition of Duksan Construction for the Construction and Engineering Division

Jan. 1995 – Acquisition of Golden Bell Trading Co. for the Trade Division

Mar 1993 – Company name changed to Hanwha Corporation.

May 1992 – Construction of nitric acid facility at the Incheon plant completed

Oct. 1991 – Construction of Boeun plant completed

Nov. 1990 – Honored with a n Award of Excellence in recognition of the company’s high productivity

Jan. 1988 – Acquisition of Sanda Inc.

July. 1987 – Acquisition of the Daejeon plant

Nov. 2002 – Honored with a gold medal and an award for breaking the USD 100 million mark in exports at the Trade Day celebrations

Taking a Bold Step Forward 1950 ~ 1979 The Formative Years

Dec. 1978 – Main Research Center established

Aug. 1978 – Construction of Yeosu plant completed

Jun. 1976 – Initial Public Announcement (Initial capital: KRW 3.274 billion)

May 1974 – Designated a national defense firm

Oct. 1955 – Acquisition of Incheon plant

Oct. 1952 – Korea Explosives was founded”

*Information from Forbes.com and Hanwhacorp.co.kr

**Video published on YouTube by “HanwhaGlobal