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Hanwha Total Petrochemical
Since its founding in 1988, Hanwha TOTAL Petrochemical has tirelessly led South Korea’s petrochemical industry with technology innovations and global expansion. In a 2003 joint venture with the Total Group, a major French energy and chemical company, we formed a global energy and chemical company, a strong platform for growth. After becoming a Hanwha affiliate in 2015, we achieved a record-breaking business performance.
Hanwha Total Petrochemical operates a large-scale energy and petrochemical facility made up of 18 separate plants in the Daesan Petrochemical Complex in South Korea. We manufacture a wide variety of petrochemical products, including base chemicals such as ethylene, propylene, styrene monomer, paraxylene, and ethylene glycol. The petrochemical facility also produces polyethylene and polypropylene—polyolefin products that are used to manufacture a wide range of consumer energy products such as gasoline, diesel, jet fuel, liquefied petroleum gas, and solvents.
As the only petrochemical company in South Korea, we are equipped with a naphtha cracking center (a core facility in our petrochemical plant), a condensate fractionation unit (a refining facility in our refinery), and an aromatics plant. These facilities have enabled us to establish solid vertical integration, from petrochemical raw material supply to end-product production. In effect, we’ve laid the foundation for stable growth by not only diversifying our product portfolio but also optimizing production efficiency for linking and managing raw materials, energy, distribution, and facilities. We registered as a refining company in 2010 and successfully completed its expansion in 2014. This added a second aromatics plant, a condensate fractionation unit, and an ethylene-vinyl acetate (EVA) plant. These additions gave us a sizable annual production capacity of in-demand products, including 1.09 million tons of ethylene, 2 million tons of paraxylene, and 1.06 million tons of styrene monomer.
Our EVA product for solar cells and HDPE product for bottle caps each achieved the world’s No. 1 market share, a testament to our commitment to quality and innovation. We’ve been selected as a World Class Product of South Korea in 2015- by the Ministry of Trade, Industry, and Energy. Our range of high-value-added products include protective film, and general film, - also claimed the No. 1 spot for market share in South Korea. As a major affiliate of the Hanwha Group, we expect our next recognition to come from maximizing synergy with our affiliates and enhancing our global competitiveness.
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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.
- Hanwha Chemical Established in 1965, Hanwha Chemical is a comprehensive chemical company with streamlined production systems for polyethylene (PE), polyvinyl chloride (PVC), and chlor-alkali (CA). As South Korea's leading petrochemical company, we are highly influential in the nation's chemical industry, producing high-quality PVC, CA, and low-density polyethylene (LDPE) at competitive prices.
- 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.
- Yeochun NCC YEOCHUN NCC operates the world's leading naphtha-cracking facility in the Yeosu National Industrial Complex, located on the southern tip of the Korean Peninsula. Established in 1999 from the merger of naphtha-cracking facilities owned by Hanwha and Daelim, their fifty-fifty joint venture annually produces 1.95 million tons of ethylene, 1.11 million tons of propylene, and 5.31 million tons of various petrochemical feedstocks, including benzene, toluene, xylene, styrene monomer, and butadiene.