SEOUL, May 12 (Korea Bizwire) — Hanwha Solutions Corp. said Thursday it is spending 380 billion won (US$294.7 million) to build facilities for advanced solar cell technology in South Korea and the United States. The chemical and energy unit of South Korean conglomerate Hanwha Group unveiled the plan at Intersolar Europe, an exhibition for solar [...]
SEOUL, Dec. 30 (Korea Bizwire) — Hanwha Solutions Corp. a chemical and energy unit of South Korean conglomerate Hanwha Group, said Thursday it is acquiring the telecommunication module business of Samsung Electro-Mechanics Co. in a bid to diversify its electronics component sector. Under the agreement signed between the two companies earlier in the day, Hanwha [...]
SEOUL, Dec. 21 (Korea Bizwire) — Hanwha Solutions Corp., the chemical and energy unit of South Korea’s Hanwha Group, said Tuesday it is spending 338 billion won (US$283.3 million) to boost its production of caustic soda, a chemical material widely used in the process of making rechargeable batteries. The investment in its Yeosu factory on [...]
SEOUL, Nov. 24 (Korea Bizwire) — Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Wednesday it is investing US$100 million in a U.S. data center- tech company as it seeks to expand its sustainable power grid business in America. The investment will give Hanwha Solutions a stake and [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Thursday it is acquiring a major stake in a Norwegian polysilicon producer in an effort to secure a stable supply of solar cell materials. Hanwha Solutions will acquire a 16.67 percent stake in REC [...]
SEOUL, Nov. 10 (Korea Bizwire) — Hanwha Solutions Corp., a chemical and energy unit of South Korean conglomerate Hanwha Group, said Wednesday it is considering selling off a part of its advanced materials business, excluding hydrogen tanks and electronics materials sectors. “We are considering a plan to sell part of the advanced materials businesses, except [...]
SEOUL, June 28 (Korea Bizwire) — Hanwha Solutions Corp., a South Korean energy solutions company, will participate in a government project in tandem with Lotte Chemical Corp., a major petrochemical firm, to cut carbon emissions by recycling the waste heat at one of its plants. Hanwha Solutions announced that it will create 1 million tons [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korean energy solution firm Hanwha Solutions Corp. has expanded the production of eco-friendly plasticizer that is free of environmental hormones in response to growing market demand. The company said Monday that its Chemical division had increased the output of the eco-friendly plasticizer Eco-DEHCH by 50,000 tons and launched [...]
SEOUL, Dec. 28 (Korea Bizwire) — Hanwha Solutions Corp., a South Korean energy solutions company, said Monday it has signed a deal to acquire U.S. hydrogen tank firm Cimarron Composites LLC as part of a diversification strategy. Hanwha Solutions plans to complete the process to take over an entire stake in the U.S. industrial tank [...]