As per market source, South Korea Based Hanwha Chemical has combined two of its Chemical Compound Businesses, Hanwha Next and Hanwha Compound.
This combined unit is called as Hanwha Compound. And it will produce Polyethylene, Polypropylene, and Acrylonitrile butadiene styrene.
Unit will operated at Yeosu and Suncheon and will produce annual capacity 100,000tons.