Hanwha Solutions Corp - Company Profile
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Hanwha Solutions Corp (Hanwha) is a diversified technology company. Its main activities include the production of petrochemicals, developing solar energy solutions, and creating new business models through planning, development, operation and finance. The company's major products include eco-friendly plasticizer ECO-DEHCH, hydrogenated petroleum resin, and solar power solutions. Hanwha operates under its brands such as Q CELLS and Q Energy. The company's products and services are used in various industries, including energy, construction, and manufacturing. Hanwha is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
Hanwha Buiding, 86, Cheonggyecheon-Ro, Jung-Gu, Seoul, 04541
Website
hcc.hanwha.co.kr
Telephone
82 2 7292700
No of Employees
2,417
Industry
Chemicals
Ticker Symbol & Exchange
009830 (KRX)
Revenue (2022)
$10.2B
1.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-156.8%
(2022 vs 2021)
Market Cap*
$3.7B
Net Profit Margin (2022)
XYZ
-156.2%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products |
|---|
| Polyolefin |
| Low-Density Polyethylene |
| Ethylene Vinyl Acetate Copolymer |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In June, the company's joint venture Hanwha TotalEnergies Petrochemical completed a pilot plant for polyolefin elastomer. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired a 9.73% stake in Ampcera Inc. |
| 2023 | Contracts/Agreements | In February, the company and Trina Solar signed a patent licensing and transfer agreement over their intellectual properties. |
Competitor Comparison
| Key Parameters | Hanwha Solutions Corp | LG Chem Ltd | Hyosung Corp | OCI Holdings Co Ltd | Korea Petrochemical Ind Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Seoul |
| State/Province | - | Seoul | - | - | Seoul |
| No. of Employees | 2,417 | 14,280 | 7,778 | 2,627 | 758 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ji-Hyeong Park | Chairman | Executive Board | 2020 | - |
| Satoshi Shima | Director | Non Executive Board | 2020 | - |
| In-Hwan Kim | Director | Non Executive Board | - | - |
| Koo Yung Lee | Director | Non Executive Board | 2023 | - |
| Dong Kwan Kim Kim | Director | Non Executive Board | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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