www.yncc.co.kr YEOCHUN NCC Co.,Ltd.
WE MAKE ONE
YEOCHUN NCC Co.,Ltd.
w w w. y n cc . co . k r
YEOCHUN NCC Co.,Ltd
Yeochun NCC’s Petrochemicals?
07 Corporate History_
08 CEO’s Message_
10 Our Ability_
20 Our Products_
28 Our Culture_
We make a basis
Chemicals make life more convenient and help people to realize their aspirations.
The petrochemical feedstock from Yeochun NCC provides
the platform for driving numerous industries, allowing them to grow and flourish.
We are the wellspring that opens up possibilities for a better world through chemistry.
THE WORLD BEST COMPANY, YEOCHUN NCC
Our goal at Yeochun NCC is to be ranked among the world’s best. We continue to
evolve and rise on the global stage by producing top quality petrochemicals and
pursuing R&D vigorously and constantly. Our efforts are opening new horizons for
the chemical industry and helping to improve the quality of people’s lives. We,
Yeochun NCC, are on our way to the top of the industry.
Oct. 1979 Daelim Industrial Co., Ltd. starts up the first naphtha cracking center (NCC 1); Hanwha Chemical Corp.
completes its new plants at Yeochun.
Daelim Industrial starts up a styrene monomer plant.
Nov. 1989 Daelim Industrial completes NCC 2.
To Improve The Quality Of People’s Lives
Daelim Industrial starts up an MTBE plant.
Hanwha Chemical completes a naphtha cracking center at Yeochun.
Daelim Industrial completes C4 and butadiene plants.
Operations receive KSA/ISO 9001 quality certification.
Operations receive KSA/ISO 14001 environmental certification.
Dec. 1999 Daelim and Hanwha merge naphtha cracking centers, and Yeochun NCC is founded.
Oct. 2004 Yeochun NCC receives KGS/OHSAS 18001 safety certification.
Dec. 2004 Yeochun NCC signs a voluntary agreement to cut emissions of chemical substances.
Jul. 2005 Yeochun NCC receives a Environment-friendly Management Grand Prize Yeochun NCC.
Dec. 2005 Capacity of the SM plant is expanded (by 145,000 tons a year).
Dec. 2005 Yeochun NCC receives the Korea Idea Management Grand Prize.
To Be The World’s Most Competitive
Oct. 2006 Yeochun NCC receives Value Creation Enterprise Grand Prize.
Nov. 2006 Yeochun NCC receives the Korea Idea Management Grand Prize for the second year in a row.
Dec. 2006 Capacity of NCC 1 is expanded (by 347,000 tons a year).
Dec. 2006 Capacity of Aromatics Plant 1 is expanded (by 43,000 tons of benzene a year).
Dec. 2006 Capacity of butadiene plant is expanded (by 50,000 tons a year).
Come Together In Solidarity
Employ Advanced Management Methods
Shape The Future
Dec. 2006 Yeochun NCC Community Service Corps receives the Prime Minister’s Prize.
Dec. 2007 Yeochun NCC receives a Beautiful Partner of Customs Prize
Mar. 2008 Yeochun NCC receives a Prime Minister’s Prize of Tax Payer’s Day
06 Yeochun NCC
Enthusiasm And Innovation
Openness And Results Orientation
Training And Professionalism
Nov. 2008 Yeochun NCC receives the 2008 TRI Awards
Nov. 2009 Yeochun NCC receives the 2009 TRI Awards for the second year in a row
Jun. 2010 Capacity of NCC 3 is expanded(by 50,000 tons a year)
We make ONE 07
We will make a world-class company
“Sustaining focus on performance”
We launched Yeochun NCC as the new millennium dawned, restructuring to promote specialization
“Making Yeochun NCC full of strength”
and economy of scale. Our global competitiveness was boosted as we emerged as the largest
naphtha cracking center in Korea, and we are leveraging our new-found strength to emerge as a
major global player.
All the people at Yeochun NCC are united in taking on the challenge of being the best in the world.
We are earning customers’trust by pursuing a transparent and open management style, based on
sound corporate structure and solid ethical awareness. We are shaping a promising future by
sustaining profitability and building trust in the value we generate.
In addition, our people-oriented policy puts the highest priorities on human needs and
environmental protection. Of course, we are also committed to fulfilling our social obligations to be a
respected company and to provide our customers with the very best products and services.
Our efforts are allowing us to progress along with our customers and society as a whole. We will
remain committed to building a better future for all.
Hong, Dong Ok
President & Co-CEO
08 Yeochun NCC
Back, Nam Il
We make ONE 09
We make the highest values
Research & Developments
One of the first things a newborn baby will encounter is a milk bottle
made possible by the petrochemical industry.
Likewise, Yeochun NCC is with you all the way, helping to usher in the future.
Our range of support spans basic materials for
everyday applications as well as high-tech industries.
With advanced technology and core competitiveness, Yeochun NCC has reached the
forefront of value maximization for industry, society and your everyday life.
Yeochun NCC boasts Korea’s largest naphtha cracking operation and produces basic
petrochemicals of unsurpassed quality. Daelim Industrial and Hanwha Chemical Corp.,
two heavyweights in the domestic industry, have joined forces to secure global
competitiveness through specialization, economy of scale and supply reliability.
Complex, Site 3
Complex, Site 1
Complex, Site 2
Total Annual Output
Domestic Market Share
Daelim Industrial 50% Hanwha Chemical Corp. 50%
*Unit : M tons
12 Yeochun NCC
Korea Petrochemical Industry Assn., Jun. 2010
*Unit : KRW bn
Complex, site 1
six plants on 600,000 m
Complex, site 2
two plants on 460,000 m2
Complex, site 3
two plants on 260,000 m2
ten plants on 1,320,000m2
Employees : 886
We make ONE 13
CREATION OF THE FAR BETTER FUTURE
With consistently high quality, we have been able to secure a large share of the
market for each product category. Our price competitiveness has also made us a
strategic partner for clients. We have combined the technology and marketing
strengths of the Daelim and Hanwha organizations to continue strengthening our
growth platform as we work for an even more prosperous future.
Complex, Site 1
Complex, Site 2
Complex, Site 3
We have ethical guidelines in place that are strictly followed. Our people are
trained to think and do business transparently, fairly and efficiently so that all stakeholders can grow.
Integrated EQSH Program
Our dedication to providing products and services that exceed customer
expectations has earned their loyalty and trust and allowed us to emerge as an industry leader. Our quality
management program qualified us for KSA/ISO 9001 certification in 1994. We now operate an EQSH system that
integrates environmental protection, product quality, worker safety and occupational health in a closely
coordinated manner. Our competitiveness has been raised significantly as a result.
We have developed unique knowledge management approaches that include
sub-groups, employee suggestion program and the Community of Practice (CoP). Such knowledge management
activities spur growth as they improve employee competencies and raise productivity.
14 Yeochun NCC
We make ONE 15
OPTIMIZED FACILITIES AND UTILITIES
All Yeochun NCC facilities including Korea’s largest ethylene production system and
every process from production to loading are linked to an online network for optimal
efficiency. The company continues to invest in order to stay ahead of the
Distributed Control System (DCS)
Advanced Process Control (APC)
The latest oil gauge meters are used to supply plants within the Yeosu National Industrial
Raw materials are received at Sapo Pier. Jungheung and Petrochemical Piers are used for
supplying other domestic regions and for shipping overseas.
Tank Truck Loading
The latest bottom loading equipment is available for tank trucks that serve other
parts of Korea.
A total of 220 tanks are available for storing feedstocks, semi-processed products
and finished products.
Total Management Information System, e-MIS, Knowledge
Management, Process Management, A~ha Portal
Work Process System
Budgets, production costs, process sharing, production, logistics, shipment,
facilities, marketing, testing, safety, health, energy, procurement, expenditures, etc.
Decision-making Support System
SCP(raw material purchase/production plans), LAN links to
wired/wireless optical communications
16 Yeochun NCC
We make ONE 17
Research & Developments
INNOVATION AT WORK, EVERYDAY
Yeochun NCC operates‘ the Quality Assurance/R&D Team ’in order to develop
technology needed at production sites. Their R&D results are quickly applied in the
workplace, improving processes, raising productivity, enhancing operational stability
and elevating product quality.
Our annual budget for R&D is a top priority to ensure that the company can
research heaters and catalysts, turn byproducts into value-added commercial items,
and devise new processes. We focus on developing proprietary technology while
breaking new ground on the technology frontier that will shape the future of the
R&D Activities & Results
Research on olefin conversion using C4 and C5
Research on separating value added components from PFO.
Patents pended on ethylene oligomerization reaction methods and components of catalysts used in ethylene
Development of online NIR system
Research on BTX desulfurization and hydrogenation
Research on catalysts for SM PAR UNIT
Patents pended on method to prevent 1.3-butadiene polymerization
18 Yeochun NCC
We make ONE 19
We make a day
Our products are found in materials for everyday items
as well as in cutting-edge industries.
As such we are close to the lives of many people
and we are at the forefront in making those lives better.
DEVELOPING OUR RESOURCES
Plant 1. 860,000
Plant 2. 580,000
Plant 3. 470,000
Yeochun NCC operates a total of ten vertically integrated plants of three sites inside
the Yeosu National Industrial Complex. All processes are automated, using the
latest technologies and state-of-the-art facilities, and annual output totals 5.2 million
tons, including 1.91 million tons of ethylene, 960,000 tons of propylene, and 2.33
million tons of other olefins and olefin derivatives. As such, Yeochun NCC leads the
Plant 1. 440,000
Plant 2. 280,000
Plant 3. 240,000
future of the Korean petrochemical industry. In addition, the company has vertically
integrated the distribution and supply structure and can provide reliable product
delivery, providing a platform for steady growth. Aggressive investment is also being
made to ensure an economy of scale and to raise competitiveness still further.
Industrial-use film, Agricultural-use film
Polyolefins, Solvents, Pharmaceuticals
Pipe, Film, Synthetic leather
Film, Molded products, Synthetic textiles
Epoxyresin, Coatings, Adhesives
Tires, Footwear, Industrial products,
Adhesives, Paper, Textile processing
Electric cable insulation, Adhesives
Agricultural-use film, Wire and
Electrical appliances and
Automobiles, Cases, Sundries
Plant 1. 270,000
Plant 2. 180,000
Plant 3. 180,000
Molded products, Film, Pipe
L-LDPE copolymer, Pipe & Ink raw materials
IIR(Base materials for automotive parts),
MMA raw materials
Fuel for industry, automobiles, cooking
Solvents, Dyestuffs, Fragrances
Plant 1. 160,000
Plant 2. 120,000
Plant 3. 110,000
Gunpowder, Pharmaceuticals, Fragrances
Plant 1. 100,000
Plant 2. 70,000
Plant 3. 60,000
Plant 1. 80,000
Plant 2. 50,000
Plant 3. 30,000
22 Yeochun NCC
We make ONE 23
THE BEST QUALITY FROM MAKING TO PROVISION
Our chemical products are used in everyday household items as well as the
agriculture, packaging, textiles, construction, electric products, automobiles,
communications, material engineering, and advanced digital electronics.
Altogether, they play a very important role in making life more enjoyable and
comfortable for people everywhere.
Yeochun NCC is firmly committed to providing customers with the products they
want. A rigorous quality control system and company-wide quality management
program ensure that quality remains consistently superior in every aspect of
operation, from production to shipment.
Yeochun NCC is with you all day long
After getting up in the morning, you drink water or juice from a PET bottle kept in your
refrigerator. Then you got to work in an automobile. In the office you look through document
folders, work on the computer and photograph things you need with a digital camera. After work,
you join your children in playing with plastic building blocks. You watch digital TV and go to
sleep listening to music on an MP3 player. Behind the scenes, Yeochun NCC has played a part in
each of these activities.
24 Yeochun NCC
We make ONE 25
WE MAKE THE MOST TRUSTED PARTNERSHIP
As Korea’s leading petrochemical maker, we make the customer our top priority,
and we build trust by remaining at the forefront of our industry.
Best Partnerships from Putting the Customer First
Our leading technology and quality allow us to
deliver the products that satisfy customers, and we work constantly to ensure our deliveries are fast and steady.
We seek to grow together with the customer by setting reasonable price, engaging in customer-centric marketing
and providing services that surpass customer expectations. Importantly, we are ready to address any customer
complaint in real time.
26 Yeochun NCC
We make ONE 27
We make a big tomorrow
Yeochun NCC is opening up a new world of chemistry for people and for the planet.
Our performance-based corporate culture stimulates employees to work with passion,
innovation, a challenging spirit and creativity. Our people are trained to be globally
effective, with specialized knowledge and outstanding capabilities.
We seek to be the best, and our open corporate culture stresses the need to
preserve the environment and help people in need in the community.
Human Resources Developments
Yeochun NCC management believes that human resources are key drivers of
corporate growth, and the company is committed to cultivating globally competent
personnel with world-class professionalism. To this end, the in-house training
system provides diverse programs for employees to develop themselves and hone
job-related skills. Our people are passionate about improvement and know how to
think innovatively, enabling Yeochun NCC to lead the domestic petrochemical
market and to rise on the global stage.
WE MAKE PROFESSIONALS
People who achieve results
People with the highest
Performance-based Personnel System
People who constantly get better
Employees are trained to acquire the core competencies
needed for each organizational level and job position. Their performance is assessed fairly and scientifically
in the belief that individual development improves organizational and corporate achievements.
Advanced Training System
A mid-/long-term training system is in place for all employees. The
curricula includes an online MBA program specialized skills and other subjects that enable management to
identify and cultivate the next generation of leaders.
30 Yeochun NCC
We make ONE 31
Environment, Safety and Health
Major Environmental Activities
The KSA/ISO 14001 certification is received for environmental management (1996).
The company joins the Responsible Care (RC) program.
*RC is a voluntary international ESH program for chemical producers, covering all business activities: product development, production, sale,
distribution, use, and disposal.
An advanced environmental management system is adapted, and strict pollution prevention regulations are
The life cycle assessment (LCA) program is adopted.
A telemetric system(TMS) is installed to monitor pollution emissions and help prevent accidents.
The latest wastewater treatment system is started up.
WE MAKE A GREEN WORLD
Our top priorities remain environmental preservation as well as human safety and health. Our
integrated EQSH management program systematically implements activities for preventing
accidents. A strict and scientific environmental, safety and health policy is also in effect, and
every effort is made to ensure that the workplace stays safe and the world remains clean.
Major Safety Activities
The KGS18001/OHSAS 18001 certification is received for worker safety and health (2004).
The process safety management system and risk-based inspections are adopted as part of a determined effort
to eliminate life and property losses.
Preventative safety is enhances with the installation of an advanced accident prevention system.
A worker health management system is adopted that classifies employees by work risk level and age;
the work environment is assessed regularly.
Noise levels are managed according to a new noise map.
32 Yeochun NCC
We make ONE 33
The ultimate goal at Yeochun NCC is to ensure human wellbeing, and we are engaged in
various activities inside and outside the company to achieve this end. Our community service
programs are in line with the special characteristics of the chemical industry and the reality of
local environments. Our efforts are helping to make a better society in which people care for
and share with one another.
WE ALL LOVE TO MAKE A BEAUTIFUL SOCIETY
Support is provided for employees community service volunteers and the in-house volunteer organization.
Community service is carried out in close coordination with local organizations:
- The sole rehabilitation program for the disabled in the Yeosu area
- Environmental cleanup drives
- A Chemistry Classroom for elementary students living on remote islands and for disabled children
Various matching grant programs (employee donations are matched by the company).
Big brother, big sister program.
Interactive environmental management through open communication with local NGOs.
- Yeosu Mayor’s Prize (Yeochun NCC‘Together’Team)
- Minister of Health & Welfare Prize (Yeochun NCC‘Hansarang Club’
- Prime Minister’s Prize (Yeochun NCC Community Service Corps)
34 Yeochun NCC
We make ONE 35
WE MAKE VAST OPPORTUNITIES & SYNERGIES
● Hanwha overseas network
● Daelim overseas network
Seoul Head Office
■ Seoul Head Office
Korea Chamber of Commerce & Industry Building 8F, 2 Chilpae-gil
(Namdaemunno 4-ga 45), Jung-gu, Seoul, 100-743 , Korea
36 Yeochun NCC
Daelim Industrial/Construction Division┃Samho International┃
Korea Development Corp.┃Daelim C&S
Hanwha Engineering & Construction┃Hanwha Station Development┃
Daedeok Techno Valley┃Asan Techno Valley┃Seosan Techno Valley┃
Dangjin Technopolis┃Gimhae Techno Valley┃Gyeonggi Hwaseong Bio Valley
Daelim Industrial/Petrochemical Division┃Polymirae┃
Hanwha Corp./Explosives Division┃Hanwha Chemical┃Hanwha Living & Creative┃
Hanwha Polydreamer┃Dreampharma┃Hanwha TechM┃Yeosu Cogeneration┃
● Yeosu Complex, Site1
118 Yeosusandan-3 no, (Pyeongyeo-dong), Yeosu, Jeollanam-Do, 555-210, Korea
● Yeosu Complex, Site2
46-20 Yeosusandan-2 no, (Wolha-dong), Yeosu, Jeollanam-Do, 555-290, Korea
● Yeosu Complex, Site3
220-62 Yeosusandan-2 no, (Wolha-dong), Yeosu, Jeollanam-Do, 555-290, Korea
Ora Resort┃Daelim I&S┃Daelim Contemporary Art Museum┃
Daelim Educational Foundation┃Daelim Corporation
Hanwha Corp./Trade Division┃Hanwha Galleria┃Hanwha Timeworld┃Hanwha Hotels&Resorts┃
Hanwha 63City┃Hancomm┃Hanwha S&C┃
Hanwha Eagles Professional Baseball Club
Korea Life Insurance┃Hanwha Securities┃Hanwha Non-Life Insurance┃
Hanwha Investment Trust Management┃Hanwha Venture Capital┃
Saenuri Savings Bank
We make ONE 37
WORLD BEST Yeochun NCC