- Secured competitiveness via vertical integration
Ethylene → EDC → VCM → PVC - 49% in domestic
PVC market share
Polyvinyl chloride is a general-purpose plastic most widely used as a raw material for industrial goods, packaging films, toys, and household items. Since beginning the production of Korea's first PVC in 1966, Hanwha Chemical has led the Korean PVC industry achieving complete vertical integration of the production chain, from feedstocks to end products. Our PVC plant in Ningbo, Zhejiang Province, China, capable of producing 300,000 tons of PVC annually, holds a strong presence in the Chinese PVC market based on superb quality, eco-friendliness, and cost competitiveness achieved through strategic alliance with local chemical players.
Since 2017, we are producing CPVC, a specialty synthetic resin. Ten percent higher in Chlorine content compared with PVC, CPVC is highly resistant to heat, pressure, and corrosion, making it an ideal raw material for sprinkler, hot water, and special-purpose industrial pipes. We were also successful in independently developing an eco-friendly plasticizer, Eco-DEHCH, which is improved in quality without containing phthalates.
TIMELINE
- 1966 Produced Korea's first PVC
- 1967 Completed construction of Ulsan PVC Plant
- 1968 Completed construction of Jinhae PVC Plant
- 1990 Completed construction of Yeosu PVC plant
- 2009 Acquired Ulsan Plant 3 for DOP, MA, and PA production
- 2010 Completed construction of Ningbo PVC plant in China
- 2017 Localized and began production of CPVC
- 2017 Obtained certification for eco-friendly plasticizer, Eco-DEHCH
Products
- PVC ResinPolyvinyl Chloride Resin
- PVC has extensive applications, including different types of pipes, agricultural films, synthetic leather, sheets, window frames, cable sheathing, hoses, and cable insulation.
- CPVCChlorinated PVC
- A specialty PVC product permeated with Chlorine to become much more resistant to heat, pressure and corrosion, it is an ideal raw material for sprinklers, hot water, and special industrial pipes.
- PSRPVC Paste Resin
- PSR is used in a diverse arrange of industries, including construction, consumer goods (sofa, bag, shoes), automobiles (vehicle undercoating, batteries), and stationary and toys (erasers, dolls).
- PlasticizerPlasticizer
- Plasticizers are additives to PVC and PSR resins to improve the flexibility of the plastics. They are mainly used in soft products and compounds that require flexibility.
- OAOxo Alcohol / 2-Ethyl Hexanol
- OA is a colorless and transparent liquid produced by a chemical reaction of Propylene, Carbon Monoxide, and Hydrogen. OA is used in plasticizers, solvents, detergents, and acrylates.
- PA/MAPhthalic/Maleic Anhydride
- PA is mainly used as a feedstock for plasticizers (DOP, DBP, etc.), paint, and polyester resins. MA is a feedstock for unsaturated polyester resins and fumarate acids.