Hwaseung Chemical Spearheads Innovative Solutions in the Chemical Industry
Hwaseung Chemical, a vital subsidiary of the esteemed Hwaseung Group, is rapidly advancing in the global chemical sector with its innovative products and solutions. As part of a conglomerate founded in 1953, Hwaseung Group has burgeoned into a central figure in South Korea’s industry, notably in automotive parts, materials, shoe ODM, general trading, and, notably, chemicals.
Hwaseung Chemical, in particular, is making significant strides in enhancing its chemical business operations, which include film, shoe adhesives, and automotive coatings. The company’s dedication to innovation is evident through its C&D Central Research Center in Asan, South Chungcheong. They have recently made waves in the automotive aftermarket business with the launch of a premium car care brand, Carlumi.
As a subsidiary of a group that has been a catalyst for growth amidst fluctuating markets and crises, Hwaseung Chemical benefits from the group’s bold diversification and focused technological management strategy, the company supports this vision by playing a pivotal role in sectors like eco-friendly car parts, key industrial materials, and general trading.
Hwaseung Corporation, another group subsidiary, is reinforcing its position in the automotive parts sector, particularly focusing on the electrification sector, which includes offshore wind power, solar energy, and Energy Storage Systems (ESS). Meanwhile, Hwaseung Materials is expanding its global market share with aggressive sales strategies and is recognized for its high-performance synthetic rubber, thermoplastic resins, and silicon-based materials.
The trading arm, Hwaseung Networks, is growing as a competitive entity in various sectors, from bio-heavy oil to global supply chain management. On the fashion front, Hwaseung Enterprise is under the leadership of Chairman Hyun-Seung Hoon, the Hwaseung Group, which includes Hwaseung Chemical, is not just weathering long-term adversities but thriving by strengthening its existing businesses and expanding into new ones. Today, the group stands tall as a global conglomerate with nearly 60 domestic and international subsidiaries and annual sales approaching KRW 4.6 trillion. The group’s management philosophy centers on humility, communication, and harmony, driving it toward becoming a top global mid-sized group.
For further details on Hwaseung Chemical’s innovative offerings and future endeavors, please visit Hwaseung Chemical’s website.
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Company Name: Hwaseung Chemical
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City: Seoul
Country: South Korea
Website: hschmusa.com
