Hanwha Worldwide News: December-2019
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- Sino-Korea Life Insurance Sino-Korea Life Insurance Wins Prestigious Industry Award
Sino-Korea Life Insurance came up a winner at the 14th annual China Insurance Innovation Awards held in Guilin, Guangxi Province. The company’s “Fu Duo Duo” package (combining pension and health insurance) won the “Best Value for Investment Insurance Product Award” at the ceremony.
The Fu Duo Duo package was created by Sino-Korea Life Insurance because the company wanted to give customers better opportunities to live healthy and fulfilling lives. The package combines asset management and risk-guarantee functions into a single convenient product. This helps customers better protect their wealth from asset management difficulties and mixed investment channel risks.
Everyone at Sino-Korea Life Insurance is thrilled by the company winning such a prestigious award. The company will continue creating more products like Fu Duo Duo so that customers may lead healthy and productive lives.
- Hanwha E&C Iraq
Representative Office Bismayah New City Project Welcomes a VIP
On November 20, 2019, Hanwha Engineering & Construction Iraq Representative Office (BNCP) welcomed Bankin Al Rikany, the Iraq Minister of Construction and Housing to the Bismayah New City Project (BNCP), the largest residential construction project in Iraqi history. Mr. Al Rikany was welcomed by Chang Sung Kim, Vice President of Project Management on the BNCP, and given a tour of the growing city.
The official visit comes as the BNCP nears completion. Construction and development are ramping up to finish the residential units that will house Iraqi families seeking to rebuild their lives after years of war.
Vice President Kim showed Mr. Al Rikany around the BNCP, explaining all the latest construction technologies being used on-site. Mr. Al Rikany also toured a model residential unit to get a firsthand glimpse at the future lives of Iraqi citizens.
After touring the sample unit, Mr. Al Rikany exclaimed, “The design, quality, and price are all perfect!”
Before he left the BNCP site, Mr, Al Rikany spoke to a group of employees and praised their efforts in constructing an entirely new city in the desert. He compared the BNCP to a blooming flower and asked that everyone continue giving their all until the project is completed.
- Hanwha Total Petrochemical Begins Digital Transformation
On November 7, Hanwha Total Petrochemical President Hyek Woong Kwon and 300 employees gathered inside the Daesan Industrial Complex’s main auditorium to hear about the company’s “Declaration of Digital Transformation (DT).” During the ceremony, each department head received a certificate empowering them to lead the company’s new DT culture.
DT uses digital technology and innovation to maximize value by efficiently transforming the existing value chain. Through DT, Hanwha Total Petrochemical will develop new smart plants and systems.
The company also unveiled a new slogan: “Digital DnA HTC(Hanwha Total Company).” “DnA” stands for “Do New Action” and “Data & Analytics,” encompassing how DT will revolution the way Hanwha Total Petrochemical works.
“Digital Transformation is important because it introduces new IT technologies and gives employees new digital capabilities,” said President Kwon.