Hanwha Chemical's Strategic Shift

Hanwha Chemical, a leading player in the chemical industry, is preparing for a significant change in ownership. The current major shareholder, Hanwha Chemical, has selected TKG Taekwang as the preferred negotiation partner for the sale, marking a pivotal moment in the company's history.

Financial and Operational Highlights

With a focus on the production of essential materials for semiconductors and LCDs, Hanwha Chemical has seen a remarkable improvement in its operational performance. The company's EBITDA surged to over 400 billion won, a testament to its robust R&D investments and strategic customer diversification.

The Road Ahead

The potential sale, estimated between 400 to 500 billion won, reflects the growing value of Hanwha Chemical's business. TKG Taekwang, known for its OEM and ODM services for global brands like Nike, is poised to bring new dynamics to Hanwha Chemical's operations.