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
5,503
Industry
Chemicals
Ticker Symbol & Exchange
009830 (KRX)
Revenue (2024)
$9.4B
7.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
53.7%
(2024 vs 2023)
Market Cap*
$3.9B
Net Profit Margin (2024)
XYZ
56.9%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products |
|---|
| Polyolefin |
| Ethylene Vinyl Acetate Copolymer |
| Low-Density Polyethylene |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company and DL Chemical entered into a raw material supply contract with Yeocheon NCC. |
| 2025 | Contracts/Agreements | In January, Qcells, through an affiliate entered into agreements to acquire four ground-mount solar power projects from SolarBank in New York, totaling 25.577 MW. |
| 2024 | Contracts/Agreements | In December, the company announced a cooperation with LG Display to create eco-friendly packaging materials for electronic products. |
Competitor Comparison
| Key Parameters | Hanwha Solutions Corp | LG Chem Ltd | OCI Holdings Co Ltd | Korea Petrochemical Ind Co Ltd | Hyosung Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Seoul | Seoul | Seoul | Seoul | Seoul |
| State/Province | Seoul | Seoul | - | Seoul | - |
| No. of Employees | 5,503 | 17,389 | 70 | 758 | 580 |
| 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 | - |
| Jae Soo Chang | Director | Non Executive Board | 2023 | - |
| A Young | Director | Non Executive Board | 2024 | - |
| Jung Kwon Hong | Director | Non Executive Board | 2024 | - |
| Jeong-Ho | 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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