Products at a Glance

PO is a polymer that boasts outstanding physical properties and environmental stability. It is used in a wide variety of applications from daily consumer goods including packaging materials, container lids, and plastic bags to high-tech industrial goods. In 1972, Hanwha Solutions Chemical Division was the first company in Korea to produce LDPE and LLDPE in 1986. Through relentless technology innovations, we also became the first company in Korea to produce wire and cable (W&C) compounds that had been entirely reliant on imports. Our W&C compounds’ application has been expanding continuously to include extra-high-voltage cables. We also succeeded in developing EVA (ethylene vinyl acetate), a specialty value-added product, with our own technology. Our EVA was crowned as a World-Class Product of Korea certification.

Hanwha Solutions Chemical Division made inroads into the Middle Eastern market by signing a joint venture deal with Saudi Arabia’s Sipchem, a private petrochemical company. IPC (International Polymers Company), our joint venture in Saudi Arabia, is producing specialty PO products including EVA and LDPE. The production volume from our JV has allowed us to reduce cost, achieve economy of scale, and secure world-class competitiveness. As a result, we’ve become the world’s second largest EVA manufacturer.