[Korea's financial standing hyomun newspaper reporter] Hanwha Chemical posted a record-high earnings olrimyeo an operating profit of 779.2 billion won last year. This previous earnings up to a 131% increase year-on-year figures are in 2010 (655.1 billion won). Sales rose 15 percent to 9.2588 trillion won a year earlier.
Hanwha Chemical dwaetgo its cost stabilizing effect due to the low oil price spread (the raw material price and the price difference) is expanded PE (polyethylene), PVC (polyvinyl chloride), caustic soda, TDI uniform market of (toluene diisocyanate), such as flagship products He explained that improves traction and maximum performance.
PE sector, high content EVA (ethylene vinyl acetate), has improved the profitability in value-added specialty products sales and expanding the composite resin for wire. This was China's domestic PVC prices due to the environmental regulations of the Chinese government pulled the international price increases in operating profit.
China is Asia's largest caustic soda Performance Baseline and reliable operation of the global demand of the exporting country has improved. TDI is the effect of the merger by KPX Fine Chemical, Hanwha Chemical was acquired in 2014 to fruition. The main production company operating the plant at full capacity of 15 million tons of production facilities preemptively in a delayed state of transition, and had large surpluses in business expansion only two years.
Photovoltaic sector exports its subsidiary Hanwha kyusel modules of the size of 1.5 gigawatts (GW) in the US Next Era Energy Inc. and increased the operating profit. Yeocheon NCC, and total earnings of Hanwha reflected in equity income also recorded a 7707 net profit one hundred million won. A 327% increase year-on-year levels are up to past performance.
Meanwhile, the first quarter also continued stable market main product is expected to be earnings. PVC is expected with a strong environmental regulations in China, caustic soda fell growth and utilization of the main producers of global demand and facility closure, TDI also start-up delay of key competitors to continue the international prices.
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