Hanwha Corp. history, profile and history 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 “Hanwha Group“