Hanwha Worldwide News: October-2019
Worldwide News
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China 레이어 닫기
- Hanwha Chemical (Ningbo) Hanwha Chemical (Ningbo) Commemorates 11th Anniversary
In celebration of Hanwha Chemical (Ningbo)’s 11th anniversary, President Dong Seok Kim gathered employees in the company auditorium to present commemorative awards. Nine employees received awards for 10 years of service while fourteen others were recognized for excellent performance in 2019. Afterward, everyone gathered to take a group photo to remember the occasion.
Korea 레이어 닫기
- Hanwha TOTAL Petrochemical Expands Production Capacity
Construction has wrapped on Hanwha Total Petrochemical’s expansion project at its Daesan plant in South Chungcheong Province, Korea. Once fully operational, the KRW 540 billion cracking facilities will be able to produce 310,000 tons of ethylene and 130,000 tons of propylene annually.
The new production facilities expand the plant’s annual production capacity to 1.4 million tons of ethylene and 1.06 million tons of propylene. Hanwha Total Petrochemical is projecting annual sales growth to KRW 590 billion as a result.
These facilities were designed with efficiency in mind. They share operational infrastructure, including steam, electricity, and water, with the Daesan Plant’s pre-existing naphtha cracking center, which meant their construction costs were 25% lower than an entirely new build. The facilities also use LPG as raw material, which is cheaper than the naphtha used by other petrochemical processing facilities.
Hanwha Total Petrochemical will continue expanding its Daesan plant’s production capacity to keep up with global demand. The company expects that it will have invested KRW 1.4 trillion into the plant by the beginning of 2021. This amount includes the construction of additional production facilities, as well as the plant’s recently opened gas-decommissioning facility. The company also projects that more than 1.2 million people will be employed in the plant’s various expansion projects.
“When all our expansion plans are completed, we’ll be able to expand our synthetic resin business and shift our product portfolio to high value-added products,” says a Hanwha Total Petrochemical spokesperson. “We’ll shift our focus from basic petrochemicals, such as styrene monomer and paraxylene, to synthetic resins. Then, Hanwha Total Petrochemical will be able to quickly respond to shifting industry trends and maintain a stable business.”
United States of America 레이어 닫기
- Hanwha Q CELLS America Inc. Local Community Shines Brighter Thanks to Hanwha Q CELLS America Inc.
Trade & Industry Development, a major publication that focuses on site selection for businesses, recognized Hanwha Q CELLS America Inc. for making a true community impact at its 2019 Corporate Investment/Community Impact Awards (CiCi Awards). The award was given in recognition of Hanwha Q CELLS America Inc.’s USD 150 million investment in Whitfield County, Georgia, and how the company revitalized the area by bringing hundreds of jobs to the local community through its 360,000-square-foot production facility in the city of Dalton.
Now in their 14th year, the CiCi Awards are bestowed annually by Trade & Industry Development to projects that help build communities across the United States. This year’s 30 CiCi Award winners collectively represent USD 20 billion in community investments from 28 companies.
“We are excited by bring our technology leadership to Georgia,” said James Choi, Vice President of Hanwha Q CELLS. “We look forward to building long-term relationships to expand our manufacturing base and contribute to environmentally sustainable energy solutions further.”
This CiCi Award is the latest in a string of accolades won by Hanwha Q CELLS America Inc. The company was also selected as one of North America’s six best solar EPC companies by Solar Power World. This annual list of solar developers, subcontractors, and installers in both the commercial and residential markets is compiled based on how many kilowatts of solar power they installed the previous year. - Hanwha Techwin America Hanwha Techwin Unveils Cutting-Edge Products to Enthusiastic Audience at GSX 2019
Hanwha Techwin earned rave reviews at Global Security Exchange (GSX) 2019 in Chicago, Illinois, with its latest multi-sensor cameras and video management system.
GSX is an annual seminar and exhibition organized by ASIS International, the world’s largest association for security management professionals. Each year, security professionals and security-solution providers from around the world share new technologies and trends in the realm of public and private security.
At GSX 2019, Hanwha Techwin premiered an array of multi-sensor cameras. These cutting-edge devices utilize two or more varifocal lenses that allow operators to control the image they are seeing from their control rooms precisely. These cameras come embedded with Wisenet WAVE 4.0, Hanwha Techwin’s latest video management system. It is catching customers’ eyes thanks to its flexibility, reliability, and ease of use.
Hanwha Techwin also demonstrated the capabilities of the Wisenet Q mini, a retail-centric camera solution that can automatically monitor and track customer behavior and purchases to deliver marketing insights to store managers. Its small size makes it the ideal package for stores with limited floorspace.
“Hanwha Tehchwin’s latest video surveillance products and solutions unveiled at GSX 2019 received an enthusiastic response from U.S. security industry officials,” said a source at Hanwha Techwin. “It has served as an opportunity to reinforce our position as a trusted global security company in the U.S.”