History | About Us | Hanwha Advanced Materials
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History

A Bold and Innovative Global Leader

We introduce the footsteps of Hanwha Advanced Materials to reflect its dedication to serving you.

1960’s-1970’s Beginning and Establishment

Beginning and Establishment

1960’s-1970’s

Entered into petrochemical business, one of the key infrastructure industries, playing a leading role in the industrialization of Korea

1965
Founded as Korea Hwasung Plant
1973
Established Korea Plastics Industry Co., Ltd.
1974
Established Hanyang Chemical Holding Co., Ltd.
1980’s-1990’s Growth and Advancement

Growth and Advancement

1980’s-1990’s

Advanced into the materials business as a key growth driver

1986
Expanded into the automotive materials industry
1988
Merged Hanyang Chemical Holding Co., Ltd. and Korea Plastics Industry Corp.
1994
Changed corporate name to Hanwha General Chemical Co., Ltd
1999
Divided operations at Hanwha General Chemical Co., Ltd creating a new division for raw materials (Hanwha Petrochemical) and delegating manufacturing operations (Hanwha General Chemical)
2000’s-Present Changes and Innovations

Changes and Innovations

2000’s-Present

Diversified businesses towards global markets

2004
Built automotive materials plant in Beijing, China
2006
Built automotive parts and materials plant in Shanghai, China
Built automotive parts and materials production facilities in Alabama, U.S
2007
Acquired U.S.-based Azdel
Changed corporate name from Hanwha General Chemical to Hanwha L&C
2009
Built automotive parts and materials plant in Ostrava, Czech Republic
2010
Began solar materials business
2014
Changed corporate name to Hanwha Advanced Materials after selling the construction materials business
2000’s-Present Changes and Innovations

Proactive response to future changes in the market

2016
Built automotive parts and materials plant in Monterrey, Mexico
2020
Integrated into Hanwha Solutions Co., Ltd (merged with Hanwha Advanced Materials, Hanwha Chemical, and Hanwha Q CELLS)
2022
Established a solar materials entity in Georgia, US
Launched Hanwha Advanced Materials as a split off from Hanwha Solutions Co., Ltd.