Hanwha Advanced Materials

Founded in 1965, Hanwha Advanced Materials has achieved continuous growth based on its innovative product lineup and superior technology in the fields of lightweight composite and photovoltaic materials. With local production and R&D centers in South Korea, North America, Europe, and China, we continue to proactively develop our business operations and earn recognition as a globally advanced materials specialist.

Since entering the automotive materials business in 1986, we have launched a diverse portfolio of products for automobile structures and interiors. We now utilize original technologies to build high-strength, super-lightweight materials and parts. Our product line includes: StrongLite (glass fiber mat reinforced thermoplastics), SuperLite (lightweight reinforced thermoplastics), expanded polypropylene (EPP), sheet molding compound (SMC), long fiber reinforced thermoplastics (LFT), and continuous fiber reinforced thermoplastics (CFRTPC). As the only company in the industry that produces multiple types of materials and molded products, we are well prepared to provide various components and solutions.

Being a global supplier, we operate manufacturing factories in Alabama and Virginia in the U.S., Beijing in China, the Czech Republic in Europe, and Mexico in Central America. We are a major supplier to global automakers, including Hyundai Motor, Kia Motors, BMW, Daimler, Volkswagen, GM, Ford, and Toyota. With superior technology and quality, our StrongLite and SuperLite materials claimed the highest market shares worldwide in their respective categories.

As the lightweight trend gathers pace in the automotive market, Hanwha Advanced Materials is continuously strengthening its R&D to ensure it can drive change in the evolving industry. We are focused on researching thermoplastic and thermosetting composite materials, as well as designing and developing new applications. In line with the lightweight and electrified automobile trend, we are concentrating our research capabilities on the development of new materials and manufacturing methods, driving new businesses through specialized technology that enables the design of various physical properties, including high strength, ultralight weight, and eco-friendliness.

With extensive production expertise gained from three decades of experience in solar materials, we have developed independent technology to produce EVA sheets and backsheets for modules as we expand into the European, American, and Southeast Asian markets. The only company capable of producing large-scale products using the Calender and T-Die method, we are demonstrating outstanding performance in the global market.

Hanwha Advanced Materials is building an EVA sheet manufacturing factory in Georgia, U.S. with an investment of 188 billion won ($147 million) to expand its businesses in the North American market. While strengthening our competitiveness in the solar materials business, we will become a leading global company in the high-performance lightweight composite materials business.