Hanwha Pumps Up Petrochemical Production to Maintain Global Leadership
Since entering the petrochemical market in 1965, Hanwha has grown into a major player in a highly competitive global market through vertical integration, optimized production processes, and strategic investments.
Hanwha is now hard at work further expanding its production capacity to better meet market demands. From processing raw materials to final delivery, Hanwha will strive to consistently provide a high quality of service and products to all of its customers.
Hanwha’s petrochemical divisions are synergizing to strengthen Hanwha’s position as an advanced materials manufacturer by strengthening cost competitiveness and providing additional value to customers.
Hanwha Advanced Materials now has twelve production operations in six countries, providing a broad and stable base from which customer needs can be swiftly met while maintaining product standards around the world.
PETROCHEMICAL NEEDS
For Hanwha, supply chain consolidation and expanded production capacity is not just about achieving a larger global market share. It’s also about being able to develop an eco-friendly product catalog and develop high-value added products through technological innovation.
Related Affiliates
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Hanwha TotalEnergies Petrochemical
Since its founding in 1988, Hanwha Total Petrochemical has led the growth of the petrochemical business in South Korea through technology innovations and market expansion strategy. In 2003, Hanwha Total Petrochemical set out to build a foundation to become a global chemical and energy company. The company executed its plan by forming a joint venture with the Total Group, a major French company in the energy and chemical industry. Since then, and after becoming a Hanwha affiliate, Hanwha Total Petrochemical has achieved a record-breaking financial performance.
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Hanwha Chemical
Established in 1965, Hanwha Chemical is a total solutions chemical company with streamlined production systems for polyethylene (PE), polyvinyl chloride (PVC), and chlor-alkali (CA). As South Korea’s leading petrochemical company, we dominate the nation’s chemical industry with high-quality PVC, CA, and linear low-density polyethylene (LLDPE) that we offer at competitive prices.
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Hanwha Advanced Materials
Founded in 1965, Hanwha Advanced Materials has developed an innovative line of environmentally conscious products and technologies that meet the needs of our customers around the world. We developed local production plants and R&D centers in South Korea, the US, Europe and China. In December 2022, we were spun off from Hanwha Solutions to enhance our business expertise and operational efficiency. With our lightweight composite materials and solar materials, we are recognized as a global advanced materials specialist.
