Korea (South)hanwhasolutions.com/en
Hanwha Solutions Corporation (한화솔루션주식회사), headquartered in Seoul, South Korea, is a multinational company within the Hanwha Group. Originally founded in 1965 as Hanwha Chemical, it rebranded in 2020 following a merger with Hanwha Q Cells and Hanwha Advanced Materials.
In the chemical industry, its Chemical Division is a leader in South Korea's petrochemical sector, producing polyolefins (PO) such as low-density polyethylene (LDPE) and linear low-density polyethylene (LLDPE), polyvinyl chloride (PVC), chlor-alkali products (CA), toluene diisocyanate (TDI), and alkali water-soluble resins (ASR). It pioneered PVC and LDPE production in the country and maintains dominant domestic market shares in key products like PVC and LLDPE.
The company operates globally with a focus on eco-friendly innovations, including high-value-added and sustainable materials, while expanding in energy solutions like solar through Qcells.
Also known as 한화솔루션 and Hanwha Chemical Corporation.
Targets >60% specialty by 2030; building a 500k t/yr compounding plant; creating hydrogen value chain—four fuel-cell plants (80MW) and 450‑bar H2 hub; expanding high-end copper foil and TMAH output.