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      Hanwha Solutions Website go

      History & Milestones

      Since our establishment in 1965,
      we have been at the forefront of the Korean petrochemical industry.
      • Chemistry for my life - Hanwha chemistry adds value to your everyday life.
      • 06:00 AMI wake up to the chilly morning air. My day starts early but full of energy. EVAEVA is an eco-friendly material with elasticity and softness which makes it ideal for sneaker soles. Its properties of transparency, flexibility and low-temperature sealability also make EVA an ideal material for laminating films and solar-module sheets.
      • 09:00 AMLike everyone else, I move among others, picking up my pace, as I make my way into the subway to go to work . CACaustic soda is essential in a wide range of industrial products including paper, textiles, detergents, metals, food and electrical generation. Chlorine is a natural co-product of caustic soda and is used to produce polycarbonates.
      • 02:00 PMA cup of coffee cheers me up in the middle of a hectic day. PEA polymer with outstanding physical properties and environmental stability, it is found in many different forms of plastic we use every day. Polyethylene coating applied to paper cups prevent leakage.
      • 06:00 PMTime to wrap up! Driving home, my hands tap lightly on the handle. TDIsTDI is a feedstock for PU resin and adhesives. Flexible foams are used in shoes, furniture, automotive components, bedding and toys. Semi-rigid foams are used in car interior materials.
      • 11:00 PMTime to rest up for a fresh start tomorrow. Survived another day, good job! PVCPVC has a wide range of residential applications such as wallpapers, flooring materials, window frames, cable sheathing, stationary and toys.

      Our milestones:

      2020’s

      2022
      Achieving domestic production of
      ultrahigh-voltage cable high Value EVA
      Wins Carbon Management Sector Honors Award for
      high value CPVC
      Certified as the World-Class Product of Korea
      (Eco-DEHCH, PVC, CP/TP)
      2021
      Jang Young-sil Award for H-HCR (Hydrogenated HydroCarbon Resin) IR52
      Synthetic gas, Established own technology based plant and began commercial production in 2021
      2020
      Commercializes in-house technology on PVC large-scale reactors

      2010’s

      2016
      Merges with Hanwha Fine Chemical (now part of TDI business unit)
      Domestically produces Korea’s first CPVC
      2015
      Hanwha SolarOne and Hanwha Q CELLS merge to form Hanwha Q CELLS
      Acquires Samsung Total Petrochemicals (now Hanwha Total Petrochemical)
      Acquires Samsung General Chemical (now part of Hanwha General Chemical)
      International Polymers Company (the JV with Saudi Arabia’s Sipchem) begins commercial production
      2014
      Acquires KPX Fine Chemical equities and renames it Hanwha Fine Chemical (currently, the TDI business unit)
      2013
      Establishes Hanwha Chemical Malaysia SDN. BHD.
      2012
      Acquires Germany’s Q-CELLS (now part of Hanwha Q CELLS)
      2011
      Enters Polysilicon business
      2010
      Changes name to Hanwha Chemical Corporation
      Completes construction of Ningbo PVC Plant in China
      Acquires Solarfun Power Holdings (now part of Hanwha Q CELLS)

      2000’s

      2009
      Signs JV contract with Saudi Arabia’s Sipchem
      Completes construction of ASR plant in Thailand
      2008
      Acquires PA/DOP business OCI
      Successfully develops DOTP at Daejeon R&D Center
      2007
      Spins off Yeosu Cogeneration Plant (now part of Hanwha Energy) from cogeneration plant sector
      2004
      Opens Beijing office
      2003
      Establishes Hanwha Chemical Shanghai Co. Ltd.
      2002
      Independently develops ASR at the Daejeon R&D Center

      1990’s

      1999
      Split company into Hanwha Petrochemical (materials unit) and Hanwha General Chemical (processing unit)
      Establishes Yeocheon NCC, a 50:50 JV with Delim Industrial Corp.
      1996
      Indigenously develops High-content EVA for shoes in Korea
      1995
      Successfully develops LLDPE production technology for insulation
      1994
      Changes name to Hanwha General Chemical Co. Ltd.
      1992
      Begins operations at Naphtha cracking center in Yeosu

      1980’s

      1989
      Opens Regional office in Thailand
      1988
      Acquires Korea Plastic Industry Corp.
      1985
      Begins Korea’s first EVA production line at Ulsan Plant
      1984
      Hanyang Chemical, Dow Chemical Korea, and Hanyang Chemical Holdings merge to form Hanyang Chemical Co. Ltd.
      1982
      Successfully develops LLDPE for wire & cable applications
      Acquires Dow Chemical Korea Yeosu plant
      1980
      Completes construction of Hanyang Chemical Yeosu Plant

      1970’s

      1979
      Establishes Daedeok R&D Center
      1977
      Builds PVC paste resin plant in Ulsan
      1974
      Establishes Hanyang Chemical Holdings Co. Ltd.
      1972
      Builds plant in Ulsan to produce PE and VCM
      Establishes Korea Plastic Industry Corp.

      1960’s

      1967
      Completes construction of PVC Plant in Ulsan
      1966
      Completes construction of Daehan Plastic Industry Bugang plant
      1965
      Establishes Korea Hwasung Plant