History
1952 ~ 1963 : Foundation of Business
Steady expansion from manufacturing explosives for Korea to other basic manufacturing
industries elevated us into the ranks of Korea’s top 10 business groups
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- 1952
- Founded as Korea Explosives Company (Currently, Hanwha Corp.)
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- 1955
- Acquired Incheon Production Facility from Chosun Oil and Fat Company
1964 ~ 1980 : Business Growth
Business expansion that Hanwha undertook this time was based on our philosophy that business
should contribute to the society and the nation
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- 1965
- Hanwha established Korea Hwasung Industrial Co.
(Currently, Hanwha Chemical and Hanwha Advanced Materials) 
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- 1969
- Hanwha established Kyung-In Energy
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- 1976
- Hanwha acquired Sungdo Securities
(Currently, Hanwha Investment & Securities) 
1981 ~ 1995 : 2nd Foundation
Entering the chemical, leisure, and retail fields through strategic acquisitions,
Hanwha dramatically expanded business portfolio
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- 1981
- Seung Youn Kim became
the chairman of Hanwha 
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- 1982
- Hanwha acquired Hanyang Chemical and Dow Chemical Korea
(Currently, Hanwha Chemical) 
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- 1985
- Hanwha acquired the Junga Group
(Currently, Hanwha Hotels & Resorts) 
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- 1986
- Hanwha acquired Hanyang Stores
(Currently, Hanwha Galleria) 
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- 1992
- Korea Explosives Group renamed Hanwha Group
1996 ~ 2006 : Building Momentum
Hanwha systematically restructured the business for long-term growth and strengthened
finance network as it expanded into the insurance industry
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- 1999
- Hanwha established Yeochun NCC
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- 2000
- Hanwha acquired Dongyang Department Store
(Currently, Hanwha Galleria Timeworld) 
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- 2002
- Hanwha acquired
Korea Life Insurance and Shindongah Fire & Marine Insurance
(Currently, Hanwha Life and Hanwha General Insurance) 
2007 ~ Present : Accelerating Global Business
Entering new growth engine fields such as solar energy, Hanwha laid the foundation
for quality growth worldwide
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- 2007
- Hanwha announced its new CI(Corporate Identity)
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- 2007
- Hanwha Engineering & Construction
won a Saudi Arabian power plant project 
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- November 2007
- Hanwha Advanced Materials acquired the US-based Azdel
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- April 2009
- Hanwha Life’s Vietnam branch
began local sales 
-
- August 2010
- Hanwha acquired a 49.99% equity stake
in SolarFun Power Holdings of China
(Currently, Hanwha SolarOne) 
-
- February 2011
- Hanwha Chemical’s Ningbo PVC plant in China
launched commercial operations 
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- June 2011
- Hanwha China launched
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- May 2012
- Hanwha Engineering & Construction
won Bismayah New City Project (USD 8 Billion) 
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- October 2012
- Hanwha Q CELLS launched by acquiring
the Germany-based Q.CELLS 
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- December 2012
- Sino-Korea Life Insurance, a joint venture of Hanwha Life and Zhejiang International Business Group, began operations
-
- January 2013
- Hanwha agreed to install solar panels
for WEF(World Economic Forum) 
-
- October 2013
- Hanwha Life’s Indonesian branch
began local sales 
-
- September 2014
- Hanwha Asset Management established
a joint venture in China 
-
- February 2015
- Hanwha launched Hanwha Q CELLS by integrating
Hanwha SolarOne and Hanwha Q CELLS Investment 
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- March 2015
- Hanwha Advanced Materials acquired the German automotive component manufacturer, Heycoustics
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- May 2015
- Hanwha General Chemical (Currently, Hanwha Impact) and Hanwha Total Petrochemical were launched by acquiring Samsung General Chemicals
and Samsung Total Petrochemicals 
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- June 2015
- Hanwha Techwin and Hanwha Thales were launched by acquiring Samsung Techwin and Samsung Thales
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- June 2016
- Hanwha Defense Systems was launched
by acquiring Doosan DST 
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- October 2016
- Hanwha launched Hanwha Systems by acquiring the remaining 50% stake in Hanwha Thales from the Thales Group
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- July 2017
- Hanwha Land Systems, Hanwha Power System,
and Hanwha Precision Machinery were launched
as subsidiaries of Hanwha Techwin 
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- April 2018
- Hanwha Aerospace was newly launched by separating
Hanwha Techwin’s aircraft/gas turbine engines businesses 
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- January 2020
- Hanwha Chemical has merged with Hanwha Q CELLS and Hanwha Advanced Materials, and has relaunched a new company under the name of Hanwha Solutions
