Hwaseung Chemical is a specialized chemical company producing various chemical materials such as industrial films, coatings, and adhesives. The company is recognized for its quality competitiveness in the global market through its film, chemical materials, and compound businesses, continuously expanding its business areas through relentless R&D investment and new product development. It is a leading company in the fine chemical sector of Hwaseung Group, established in 2018 based on Hwaseung Industry's half-century of accumulated film and processing technology, with a strong focus on eco-friendly product development to lead the future advanced materials market.HwaseungChemicalisaspecializedchemicalcompanyproducingvariouschemicalmaterialssuchasindustrialfilms,coatings,andadhesives.Thecompanyisrecognizedforitsqualitycompetitivenessintheglobalmarketthroughitsfilm,chemicalmaterials,andcompoundbusinesses,continuouslyexpandingitsbusinessareasthroughrelentlessR&Dinvestmentandnewproductdevelopment.ItisaleadingcompanyinthefinechemicalsectorofHwaseungGroup,establishedin2018basedonHwaseungIndustry'shalf-centuryofaccumulatedfilmandprocessingtechnology,withastrongfocusoneco-friendlyproductdevelopmenttoleadthefutureadvancedmaterialsmarket.
Key Products/TechnologiesKeyProducts/Technologies
Film Business: Development and production of high-functional and high-value-added film products such as OPP film, PET film, packaging materials, industrial films, and photovoltaic sheets. Key products include various compositions and thicknesses of OPP films like general film, composite film, and synthetic paper, as well as high-quality PET films such as transparent deposition film, matte PET film, and window film.FilmBusiness:Developmentandproductionofhigh-functionalandhigh-value-addedfilmproductssuchasOPPfilm,PETfilm,packagingmaterials,industrialfilms,andphotovoltaicsheets.KeyproductsincludevariouscompositionsandthicknessesofOPPfilmslikegeneralfilm,compositefilm,andsyntheticpaper,aswellashigh-qualityPETfilmssuchastransparentdepositionfilm,mattePETfilm,andwindowfilm.
Chemical Materials Business: Production of diverse chemical products including automotive weatherstrip coatings, flocking adhesives, rubber hose release agents, high-functional footwear adhesives, and polyurethane resins for synthetic leather. The company possesses expertise in developing eco-friendly water-based shoe adhesives and weatherstrip coatings with abrasion resistance, weather resistance, and squeak noise prevention capabilities.ChemicalMaterialsBusiness:Productionofdiversechemicalproductsincludingautomotiveweatherstripcoatings,flockingadhesives,rubberhosereleaseagents,high-functionalfootwearadhesives,andpolyurethaneresinsforsyntheticleather.Thecompanypossessesexpertiseindevelopingeco-friendlywater-basedshoeadhesivesandweatherstripcoatingswithabrasionresistance,weatherresistance,andsqueaknoisepreventioncapabilities.
Compound Business: Mass production of custom-made functional polymers, ranging from film materials and general-purpose plastics to engineering plastics, super engineering plastics, and functional materials. Hwaseung Chemical Vietnam (HSCV) serves as a production base for electrical and electronic, and EP compound products.CompoundBusiness:Massproductionofcustom-madefunctionalpolymers,rangingfromfilmmaterialsandgeneral-purposeplasticstoengineeringplastics,superengineeringplastics,andfunctionalmaterials.HwaseungChemicalVietnam(HSCV)servesasaproductionbaseforelectricalandelectronic,andEPcompoundproducts.
Advanced and Converged Materials: Focus on R&D for converged materials to lead the future advanced materials market, such as displays, secondary batteries, and solar cells, as well as biodegradable eco-friendly materials for bio and healthcare applications.AdvancedandConvergedMaterials:FocusonR&Dforconvergedmaterialstoleadthefutureadvancedmaterialsmarket,suchasdisplays,secondarybatteries,andsolarcells,aswellasbiodegradableeco-friendlymaterialsforbioandhealthcareapplications.
Core AdvantagesCoreAdvantages
Technology Management and R&D Capability: The company pursues sustainable growth through technology management, driven by continuous R&D investment and new product development, opening up possibilities in various business areas. Its central research institute, 'The Bridge C&D Center,' challenges technology convergence based on collaboration, win-win strategies, and value sharing.TechnologyManagementandR&DCapability:Thecompanypursuessustainablegrowththroughtechnologymanagement,drivenbycontinuousR&Dinvestmentandnewproductdevelopment,openinguppossibilitiesinvariousbusinessareas.Itscentralresearchinstitute,'TheBridgeC&DCenter,'challengestechnologyconvergencebasedoncollaboration,win-winstrategies,andvaluesharing.
Leadership in Eco-friendly Technology: Hwaseung Chemical is the first in the domestic OPP film industry to acquire 'ISCC Plus' international certification for eco-friendly materials, officially validating the use of recycled resins. This is a crucial factor in proactively responding to strengthening environmental policies in the European market and securing global competitiveness.LeadershipinEco-friendlyTechnology:HwaseungChemicalisthefirstinthedomesticOPPfilmindustrytoacquire'ISCCPlus'internationalcertificationforeco-friendlymaterials,officiallyvalidatingtheuseofrecycledresins.ThisisacrucialfactorinproactivelyrespondingtostrengtheningenvironmentalpoliciesintheEuropeanmarketandsecuringglobalcompetitiveness.
Global Production and Marketing Network: Establishment of overseas local production systems in Vietnam, Indonesia, and China, enhancing global competitiveness through flexible production systems and maximized facility efficiency. The company is expanding its overseas markets, exporting organic and zinc oxide to various countries including Russia, Sri Lanka, and Vietnam.GlobalProductionandMarketingNetwork:EstablishmentofoverseaslocalproductionsystemsinVietnam,Indonesia,andChina,enhancingglobalcompetitivenessthroughflexibleproductionsystemsandmaximizedfacilityefficiency.Thecompanyisexpandingitsoverseasmarkets,exportingorganicandzincoxidetovariouscountriesincludingRussia,SriLanka,andVietnam.
Development of High-Value-Added Products: Focus on developing high-functional and high-value-added products to ensure stable revenue growth. The company demonstrates strengths in high-performance chemical products such as automotive weatherstrip coatings, footwear and industrial adhesives, synthetic leather resins, and advanced film development.DevelopmentofHigh-Value-AddedProducts:Focusondevelopinghigh-functionalandhigh-value-addedproductstoensurestablerevenuegrowth.Thecompanydemonstratesstrengthsinhigh-performancechemicalproductssuchasautomotiveweatherstripcoatings,footwearandindustrialadhesives,syntheticleatherresins,andadvancedfilmdevelopment.
Quality Competitiveness and Certifications: Acquisition of ISO 9001 (Quality Management System), ISO 14001 (Environmental Management System), and ISO 45001 (Occupational Health and Safety Management System) certifications, ensuring product quality and production process reliability.QualityCompetitivenessandCertifications:AcquisitionofISO9001(QualityManagementSystem),ISO14001(EnvironmentalManagementSystem),andISO45001(OccupationalHealthandSafetyManagementSystem)certifications,ensuringproductqualityandproductionprocessreliability.
Target IndustrieTargetIndustrie
Packaging Industry: Food packaging materials, general packaging materials, industrial filmsPackagingIndustry:Foodpackagingmaterials,generalpackagingmaterials,industrialfilms
Footwear Industry: Adhesives for shoes, materials for shoe uppers and solesFootwearIndustry:Adhesivesforshoes,materialsforshoeuppersandsoles
Electronics Industry: Advanced electronic products and energy-related materials such as displays, secondary batteries, and solar cellsElectronicsIndustry:Advancedelectronicproductsandenergy-relatedmaterialssuchasdisplays,secondarybatteries,andsolarcells
Construction and Interior: Window filmsConstructionandInterior:Windowfilms
Healthcare and Bio Industry: Biodegradable eco-friendly materialsHealthcareandBioIndustry:Biodegradableeco-friendlymaterials
Major MarketsMajorMarkets
Vietnam, Indonesia, Sri Lanka, China, India, JapanVietnam,Indonesia,SriLanka,China,India,Japan
Russia, Across EuropeRussia,AcrossEurope
USA, MexicoUSA,Mexico
BrazilBrazil
Certifications/PatentsCertifications/Patents
ISO 9001: Quality Management SystemISO9001:QualityManagementSystem
ISO 14001: Environmental Management System CertificationISO14001:EnvironmentalManagementSystemCertification
ISO 45001: Occupational Health and Safety Management System CertificationISO45001:OccupationalHealthandSafetyManagementSystemCertification
ISCC Plus (International Sustainability and Carbon Certification Plus): International certification for eco-friendly materials for OPP film (first in the domestic OPP film industry)ISCCPlus(InternationalSustainabilityandCarbonCertificationPlus):Internationalcertificationforeco-friendlymaterialsforOPPfilm(firstinthedomesticOPPfilmindustry)
Future Packaging New Technology Government Award for Excellent System (2007)FuturePackagingNewTechnologyGovernmentAwardforExcellentSystem(2007)
National Environmental Management Award for Energy Innovation (2006)NationalEnvironmentalManagementAwardforEnergyInnovation(2006)
Minister of Economy and Finance Award for Taxpayer's Day (2005)MinisterofEconomyandFinanceAwardforTaxpayer'sDay(2005)
Asan City Labor-Management Peace Award (2015, 2021)AsanCityLabor-ManagementPeaceAward(2015,2021)
Excellent Labor-Management Cooperation Company (1998)ExcellentLabor-ManagementCooperationCompany(1998)
First domestic development of silicone and water-based coatings for weatherstripsFirstdomesticdevelopmentofsiliconeandwater-basedcoatingsforweatherstrips
Introduction
Location
235 Nakdong-daero 943beon-gil, Sasang-gu, Busan, South Korea
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Information
235 Nakdong-daero 943beon-gil, Sasang-gu, Busan, South Korea