Hansol is a South Korean

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** ...

, or

chaebol A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exc ...

. The corporation's main operations are paper products, electronics, chemicals, logistics, IT technology and solution services, household interiors, and construction. Hansol used to be a part of

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

Group, and is still owned by one of the relatives of the

and Shinsegae family.

History

On June 18, 2019, Hansol Paper and Iconex announced that the companies will withdraw the agreement of the Scades and R+S Hansol Paper promised to supply Iconex due to the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and ...

Competition and Markets Authority The Competition and Markets Authority (CMA) is the competition regulator in United Kingdom. It is a non-ministerial government department in the United Kingdom, responsible for strengthening business competition and preventing and reducing anti-com ...

(CMA) extending the transaction process. In December 2019, Hansol Group set up a production company in Vietnam called Hansol Electronics Vietnam Hochiminhcity. An investment of 3.57 billion won was made into the operation. The

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making ...

production company will begin Hansol's Liquid Crystal Module (LCM) business, which is produced by combining the Liquid Criystal Display (LCD) module with a blacklight unit. In 2020, Hansol Group announced its expected contract with

Samsung Electronics Samsung Electronics Co., Ltd. (, sometimes shortened to SEC and stylized as SΛMSUNG) is a South Korean multinational electronics corporation headquartered in Yeongtong-gu, Suwon, South Korea. It is the pinnacle of the Samsung chaebol, acc ...

. The contract will involve the production of TVs for Samsung Electronics. On March 3, 2021, Hansol Group announced that on March 24, 2021 its chairman Cho Dong-gil will be appointed as an inside director at the shareholders' meeting of Hansol Paper and Hansol Technics, two major affiliates of the Hansol Group.

Affiliates

Hansol paper

The Hansol Paper was split off of the

family in 1991 and is the main affiliate of the Hansol Group. Hansol Paper, Korea's largest paper production firm, has been in operation for 53 years since 1966 and generates an annual revenue of $1.6 billion USD in the thermal paper industry. Hansol Paper works in the printing paper, special paper, and industrial paper industries.

Hansol Holdings

Hansol Holdings is a holding company founded on January 19, 1965. Hansol Holdings is an affiliate of the Hansol Group that works in the business counseling and consulting, brand management, and investment asset management business.

Hansol EME

Hansol EME is a consulting services firm founded on September 1, 2001. Hansol EME is an affiliate of the Hansol Group that works in the small and medium-sized power plants, plant engineering, complex environmental energy, and O&M industries.

Hansol Papertech

Hansol Papertech is a wrapping paper manufacturing company founded in 1979. Hansol Papertech is an affiliate of the Hansol Group that works in the packaging materials industries. Hansol Papertech produces surface paper, scrap paper, and medium paper.

Hansol PNS

Hansol PNS is a paper distribution company and IT services business established in 1993. Hansol PNS is an affiliate of the Hansol Group.

Hansol Homedeco

Hansol Homedeco is an interior material company founded in 1991. Hansol Homedeco is an affiliate of the Hansol Group that works in interior materials industry as well as plantation, lumber, woodpowder and new & renewable energy industries.

Hansol Logistics

Hansol Logistics is an affiliate of the Hansol Group founded in 1973 and was originally known as Hansol CSN. Hansol logistics work in the domestic land transportation business, import-export integrated logistics business, and 3PL business.

Hansol Technics

Hansol Technics is an affiliate of the Hansol Group founded in 1966. Hansol Technics works in the semiconductor and other electronic component manufacturing industry. Hansol Technics specialize in the electronic, solar, LED material, and electronics manufacturing services (EMS) businesses.

Hansol Inticube

Hansol Inticube is an affiliate of the Hansol Group founded in 2003. Hansol Inticube supplies mobile operators with software-based exchanger solutions. Hansol Inticube specializes in technology development.

Hansol Chemical

Hansol Chemical is an affiliate of the Hansol Group founded in 1980. Hansol Chemical is a global chemical materials company that supplies the economy with chemical products, including papermaking chemicals, environmental chemicals, IT chemicals, and household chemicals. Its production facilities are located in its

Jeonju Jeonju () is the 16th largest city in South Korea and the capital of North Jeolla Province. It is both urban and rural due to the closeness of Wanju County which almost entirely surrounds Jeonju (Wanju County has many residents who work in Jeonj ...

plant, Xi’an plant, and

Ulsan Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring ...

plant.

Tapex

Tapex is an affiliate of the Hansol Group and was founded in 1977 and was acquired by the Hansol group in 2016 with $114.5 million dollars. Tapex produces a variety of electronic and consumer good products, such as tape for fixating the backs of TSPs, tape for secondary batteries, tape for semiconductor packing processes, functional tape, Uniwraps for food packaging etc. In 2014, Tapex earned an operating income of 14.1 billion won and 111.5 billion won for sales.

References

External links

Hansol paper homepage

Hansol group sitemap
Chaebol Pulp and paper companies of South Korea Companies based in Seoul Conglomerate companies established in 1965 Companies listed on the Korea Exchange South Korean companies established in 1965 Manufacturing companies established in 1965 {{SouthKorea-company-stub