Hanwha Corporation engages in the explosives, trading, and construction businesses. The company operates through Explosive and Production, Trading and Wholesale Retails, Petrochemical Production, Construction, Leisure and Service, Photovoltaic, Financial Business, and Others segments. It constructs residential and commercial buildings, including apartments and efficiency apartments, business complex buildings, bridges, railroad and road construction, environment facilities, consisting of water and sewage treatment plants, various plants and industrial facilities comprising thermal power and cogeneration plants, and petrochemical plants. The company also manufactures and sells petrochemical, products related to sunlight and photovoltaic power generation, and other products; and operates athlete facilities, tourism, and hotel and catering businesses, as well as involved in the trading, retails, insurance, deposits management, financial investment, and installment savings businesses. In addition, it involved in the processing and distribution of agricultural, livestock, and forest products; real estate development, supply, management, sale, and trading activities; aquarium; wind power generation; department store, condominium, other sports facility, golf course, resorts, restaurant, and sports club operation; insurance agency, brokerage, life insurance, and pension services; food business; manufacture of aircraft engine and parts; leasing and asset management services; manufacture and sale of packaging materials, synthetic resin, compound, other petrochemical products, broadcasting and wireless communication equipment, robots, CCTV; production of machine tools and power train products; and satellite system and semiconductor development. The company was formerly known as Korea Explosives Corp. and changed its name to Hanwha Corporation in March 1993. Hanwha Corporation was founded in 1952 and is based in Seoul, South Korea.