HUCHEMS CORP.
Middle and Long Term Management Plans Accomplishing two-times as much as present sales and operating profits within 5 years
Reforming business structure into a business creating high value added
Increasing productivity by means of the establishment of highly effective management system
Promoting new corporative culture with enthusiasm
The chemical industry is deeply affecting our overall life. The human's life cannot last without chemistry. The chemical industry is a very important material industry providing basic materials for all kinds of industry and a facility industry needing large-sized facilities and a capital-intensive industry. And the chemical plants are located near sea due to the import-dependent feature of raw materials and transportation. Products produced and sold by HUCHEMS are deeply related to our life. Nitric acid is a raw material of powder used for fireworks, and ammonium nitrate is used to produce film and DNT is a raw material of polyurethane. HUCHEMS is distributing high quality basic chemical raw materials for the development of chemical industry in Korea, and producing and providing up-to-date fine chemical products with high value added. Nitric acid, ammonium nitrate, o-NT, p-NT, etc. among products with price competitiveness and high quality are distributed to many countries in the world. HUCHEMS is gradually developing by virtue of continual increase of demand according to the development of material industry, and it is expected to develop lastingly based on the expansion of concerned industry area. Our company having production facilities for more than 600 thousand tons basic and fine chemical products is distributing chemical products such as nitric acid, DNT, MNT, P-T, ammonium nitrate, melamine, ammonia, sulphuric acid, phosphoric acid, etc. to many chemical companies in Korea and in the world. We are investing in the fine chemical field with high value added as well as in the 4th nitric acid plant under construction, and the gradual sales increase of chemical products are expected by virtue of business recovery. We distribute 100% of chemical products such as phosphoric acid, MNT, ONT, etc. in Korea, and we maintain our high market share by providing 89% of DNT, 31% of dilute nitric acid, 58% of dense nitric acid, 80% of ammonium nitrate, 73% of P-Toluidine, 39% of melamine, 20% of ammonium, 45% of urea for industrial use, 17% of sulphuric acid. We will raise the fame of Korea as an advanced country in chemistry by accelerating all kinds of R&D for the development of fine chemical products with high value added.
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