Products & Services > Affiliates > 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.
With fully automated and optimized production processes producing high-purity feedstocks, this state-of-the-art facility gives Hanwha affiliates a competitive edge as they produce high-quality downstream petrochemical products.
With our forward-looking production facilities and large-scale production capacity, we continue to grow every year by relying on our advanced management system, sound financial structure, and solid partnerships with customers. Our professional and highly skilled employees effectively combine industry expertise with cutting-edge technology, truly making our workforce a key differentiator.
Supported by steady flow of investments, product specialization, facility expansion, and business focus, we have become a leading Naphtha Cracking Center (NCC) company in Korea. Internationally, by building on our topnotch capabilities, we are becoming a world-class petrochemical company.
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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.
- 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.