Hanwha Total Petrochemical, founded in 1988, has played a leading role in the development of the Korean petrochemical industry through continuous technological innovation and global market expansion. In 2003, Hanwha Total Petrochemical established the foundations for growth into a global energy and chemical company by forming a joint venture with Total Group, a French global energy and chemical company. It was newly integrated as an affiliate of Hanwha Group in 2015 and plays a pivotal role as Korea's largest chemical company.
Hanwha Total Petrochemical operates a large-scale energy and petrochemical complex composed of 15 separate plants in the Daesan Petrochemical Complex in Korea, that manufactures a wide variety of petrochemical products including base chemicals such as ethylene and propylen, compounds such as SM (Stylene Monomer) and PX (Para-xylene), and petrochemical products such as PE (Polyethylene) and PP (Polypropylene) that are used to manufacture a wide range of consumer products.
Hanwha Total Petrochemical registered as a refining company in 2010 and successfully completed a facility expansion in 2014 that added a second aromatics plant and a CFU (Condensate Fractionation Unit), enabling the company to establish a solid foundation for producing a variety of energy products including gasoline, diesel fuel, jet fuel, fuel oil and LPG and further cement Hanwha Total Petrochemical's stature as a general energy and chemical company.
Hanwha Total Petrochemical plans to continue reinforcing its global competitive capabilities by maximizing synergy with other petrochemical subsidiaries in the Hanwha Group.
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Our businesses now span the manufacturing, construction, finance, services and leisure industries.
Through the integration of our growing number of affiliate enterprises worldwide, we are harnessing the power of sustainable, quality growth to continually increase the value we bring to our customers.
- Hanwha Chemical Hanwha Chemical was the first company in Korea to produce PVC, LDPE, linear low-density polyethylene, and chlor-alkali. Since our establishment in 1965, we have been manufacturing basic petrochemical products that have served as the foundation of different industries.
- Hanwha General Chemical Hanwha General Chemical Co. was founded in 1974, and acquired by Hanwha Group in 2015. As the first company in Korea to domestically manufacture PTA, the main component material of polyester, Hanwha General Chemical has localized the production of raw materials for textile fiber production.
- Yeochun NCC Yeochun NCC operates the world’s leading naphtha cracking facility in the Yeosu National Industrial Complex on the southern tip of the Korean Peninsula. Established in 1999 from the merger of naphtha cracking facilities owned by Hanwha and Daelim, this highly competitive 50:50 joint venture annually produces 1.91 million tons of ethylene, 970,000 tons of propylene, and 2.32 million tons of various petrochemical feedstocks, including benzene, toluene, xylene, styrene monomer, and butadiene.