Hanwha Corp - Company Profile
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Hanwha Corp (Hanwha) is a diversified conglomerate with a focus on chemical technology-based solutions, construction, and energy. The company's primary operations involve the manufacturing and selling of explosives, petrochemicals, and products related to sunlight and photovoltaic power generation, as well as providing engineering and construction services. Hanwha's major products and services include commercial explosives, fireworks, petrochemicals, inorganic chemicals, machinery, and defense-related products. The company's products and services cater to a wide range of industries, including energy, environment, construction, and defense. It operates internationally, with a presence in Asia and America, and is actively expanding into new global markets. Hanwha is headquartered in Jung-gu, Seoul, South Korea.
Hanwha Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Liquid-Fuel Engines | Operation and Management of solar plants |
| Satellite Components | Construction Services |
| Communications Satellites | Luxury Hotels |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Regulatory Approval | In September, Hanwha Power announced secured approval in principle from the American Bureau of Shipping to design a 22,000-cubic-meter LNG bunkering vessel at Gastech 2026. |
| 2026 | Contracts/Agreements | In September, the company expanded its partnership with EDGE Group to build an integrated air defense system. |
| 2026 | Contracts/Agreements | In July, the company entered into a memorandum of understanding with DCCC to support workforce training to meet the skilled labor demands of its U.S. government and private sector shipbuilding. |
Competitor Comparison
| Key Parameters | Hanwha Corp | Itochu Corp | Marubeni Corp | Hyundai Corp | POSCO Eco & Challenge Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | Japan | Japan | South Korea | South Korea |
| City | Jung-Gu | Minato-Ku | Chiyoda-Ku | Seoul | Pohang |
| State/Province | Seoul | Tokyo | Tokyo | - | Yeongnam |
| No. of Employees | 5,393 | 114,570 | 52,658 | 304 | 5,795 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Woo Seok Kim | Chairman; Chief Executive Officer - E&C Division | Executive Board | 2025 | - |
| Dong Kwan KIM | Chief Executive Officer; Director | Executive Board | 2024 | - |
| Kim Dong Kwan | Chief Executive Officer - Strategy Division; Director | Executive Board | 2024 | - |
| Du Hyoung Ryoo | Chief Executive Officer - Momentum Division; Director | Executive Board | 2025 | - |
| Hye Ryung Byon | Director | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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