Hanwha Solutions Corporation

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.

Latest news on Hanwha Solutions

29 March 2026
LOTTE Chemical to merge with HD Hyundai Chemical after Daesan spin-off, pivots to specialty materials

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.