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.
With fully automated and optimized production processes of high-purity feedstocks, this stateof-the-art facility provides Hanwha affiliates a competitive edge to produce high-quality downstream petrochemical products.
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- 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.
- Hanwha Total Petrochemical 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.