A Bold and Innovative Global Leader
We introduce the footsteps of to reflect its dedication to serving you.
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.
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)
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
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.