Hanwha TotalEnergies Petrochemical Co., Ltd., (

Hangul The Korean alphabet, known as Hangul, . Hangul may also be written as following South Korea's standard Romanization. ( ) in South Korea and Chosŏn'gŭl in North Korea, is the modern official writing system for the Korean language. The le ...

: 한화토탈에너지스) is a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...

between

Hanwha , former_name = Korea Explosives Group , type = Public , traded_as = , industry = Conglomorate , founded = , founder = Kim Chong-hee , hq_location_city = Seoul , hq_location_country = South Korea , area_served = Global , key_people = K ...

and

TotalEnergies TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and ...

http://www.hoovers.com/Samsung-Total-Petrochemicals-Co.,-Ltd./--ID__140139--/free-co-factsheet.xhtml Both companies own a 50% partnership in the venture. Founded in 2003 as a joint venture between Samsung General Chemicals and Total (as Samsung Atofina; changed name to Samsung Total in 2004), it was sold to Hanwha in 2015. The company manufactures building block chemicals that go into the making of a host of other chemicals needed to make various

consumer products A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but t ...

. It starts with a naphtha cracker, yielding

propylene Propylene, also known as propene, is an unsaturated organic compound with the chemical formula CH3CH=CH2. It has one double bond, and is the second simplest member of the alkene class of hydrocarbons. It is a colorless gas with a faint petro ...

and ethylene, which are the raw materials in the production of all manner of

polymer A polymer (; Greek '' poly-'', "many" + ''-mer'', "part") is a substance or material consisting of very large molecules called macromolecules, composed of many repeating subunits. Due to their broad spectrum of properties, both synthetic a ...

s. Hanwha TotalEnergies Petrochemical divides its operations in three: polymer production (

polyethylene Polyethylene or polythene (abbreviated PE; IUPAC name polyethene or poly(methylene)) is the most commonly produced plastic. It is a polymer, primarily used for packaging ( plastic bags, plastic films, geomembranes and containers including b ...

polypropylene Polypropylene (PP), also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced via chain-growth polymerization from the monomer propylene. Polypropylene belongs to the group of polyolefins a ...

, high- and

low-density polyethylene Low-density polyethylene (LDPE) is a thermoplastic made from the monomer ethylene. It was the first grade of polyethylene, produced in 1933 by Imperial Chemical Industries (ICI) using a high pressure process via free radical polymerization. Its ...

), base chemicals (selling the ethylene and propylene the company doesn't use itself, as well as aromatics used to make the materials that go into synthetic fibers), and oil products (jet, diesel, gasoline,...) Hanwha TotalEnergies Petrochemical's headquarter is located at Daesan, the

South Chungcheong Province South Chungcheong Province ( ko, 충청남도, ''Chungcheongnam-do''), also known as Chungnam, is a province of South Korea. South Chungcheong has a population of 2,059,871 (2014) and has a geographic area of 8,204 km2 (3,168 sq mi) located in ...

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ...

. It operates a large

petrochemical Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable so ...

complex, consisting of 13 separate plants in Daesan. And in addition, PP, PE compounding plant was at Dongkwan in China. Sales offices are operated in

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of ...

Busan Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, ...

, Daegu, Gwangju and

Daejeon Daejeon () is South Korea's fifth-largest metropolis, with a population of 1.5 million as of 2019. Located in the central-west region of South Korea alongside forested hills and the Geum River, the city is known both for its technology an ...

. In

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...

, Hanwha TotalEnergies Petrochemical's sales offices are located in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...

Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ...

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...

, and

Nagoya is the largest city in the Chūbu region, the fourth-most populous city and third most populous urban area in Japan, with a population of 2.3million in 2020. Located on the Pacific coast in central Honshu, it is the capital and the most po ...

. Hanwha TotalEnergies Petrochemical employs 1788 people as of 2021 December.

References

External links

*https://www.htpchem.com/ {{Hanwha Total Joint ventures Multinational companies Petrochemical companies Hanwha