Hanwha Corporation Set to Support PyeongChang 2018
- Hanwha Corporation to provide fireworks for the Opening and Closing Ceremonies
as well as 8,000 torches for the Olympic Torch Relay
[July 28, 2016] Hanwha Corporation has agreed to support the PyeongChang Organizing Committee for the 2018 Olympic and Paralympic Winter Games (POCOG) as Official Supplier of Fireworks and Torches.
According to the agreement signed today between POCOG President LEE Hee-beom and Hanwha Corporation Explosives Division CEO Choi Yang-soo, Hanwha Corporation will provide PyeongChang 2018 with fireworks to be used at various events including the Opening and Closing Ceremonies, as well as approximately 8,000 torches that will be used throughout the Olympic Torch Relay that will travel around the country in the lead up to the Games’ opening on February 9, 2018.
POCOG President LEE Hee-beom said, "I greatly appreciate the support of Hanwha Corporation. I am certain that their expertise in explosives will contribute to creating a more exciting atmosphere and energy for the PyeongChang 2018 Games."
Hanwha Corporation Explosives Division CEO Choi Yang-soo commented, "It is a great honor for Hanwha to support torches again for the 2018 Olympic Winter Games, as we did 30 years ago for the Seoul 1988 Summer Olympic Games."
Meeting with President Lee prior to the signing, Hanwha Group Chairman Seung Youn Kim promised full support of the entire Hanwha Group for the successful operation and hosting of the PyeongChang 2018 Games.
*Source: PyeongChang 2018 Olympic Winter Games website
Hanwha Corporation, the parent company of the Hanwha Group, is a global manufacturing company that has directly contributed to the growth of South Korea's economy. There are 3 divisions under the Hanwha Corporation: Global, Defense, and Machinery. Hanwha Corporation was founded in 1952 as Korea Explosives Company, quickly becoming the leader in the explosives industry of South Korea. It has since grown into a global manufacturing company operating in three business areas—explosives and chemical, defense, and machinery.
In 1959, Hanwha was the first domestic manufacturer of dynamite in South Korea. After having successfully developed safer, high-quality industrial explosives and fire process products, we have been able to supply the South Korean government with the crucial means to rebuild its cities and infrastructure.
For more information, visit: www.hanwhacorp.co.kr/eng
Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a “FORTUNE Global 500” company. Hanwha Group has more than 85 domestic affiliates and over 380 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 65 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from chemicals & materials, aerospace & mechatronics, total solar energy solutions, and global construction. The finance network, covering insurance, asset management and securities, is the second largest non-bank financial group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses.
For more information, visit: www.hanwha.com
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