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Hanwha General Chemical

Hanwha General Chemical was established in 1974 and then acquired by the Hanwha Group in 2015. We were the first company in South Korea to localize production of purified terephthalic acid (PTA) a primary component in many types of polyester. PTA is used in clothing, industrial fibers, film, and paint. The applications for PTA are expanding dramatically.

Hanwha General Chemical

Today, we have an annual capacity of two million tons, helping us to be No. 1 in both production capacity and market share in South Korea. Our experience and technology have also been recognized worldwide. We leveraged our many years of expertise and our PTA processing technology in the Middle East back in 2010. Since joining the Hanwha Group, we have enhanced our cost competitiveness by creating synergies with chemical affiliates and diversifying our markets through management and sales innovation.

In June 2017, we established Hanwha Solar Power to advance mid-to long-term growth beyond the single PTA business. We plan to improve our PTA-related technologies and develop related businesses in the value chain that we have grown over the last 40 years. We will also secure greater competitiveness through strategic investment and operation of PV businesses at home and abroad.

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Related Affiliates

Hanwha's businesses span chemicals & materials, aerospace & mechatronics, solar energy, finance,
leisure & lifestyle, and construction. Through the integration of our growing number of affiliate enterprises worldwide, we are harnessing the power of sustainable, quality growth to continually increase the value we bring to our customers.

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