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in order to strengthen the profitability of its chemical business and expand its value chain, hanwha announced the promotion of a ) production items. in order to ensure 15tons/年的tdi(raw material), the company decided to start in-house productiondnt(1818,000 tons) and synthesis gas (hydrogen+co). the total investment of the project is estimated at 3300 billion won. syngas equipment is expected to be put into use in august this year8dntequipment is planned for2024commercial operations began at the beginning of the year. we believe that the project will bring400 billion won to the company's overall operating income increase. in addition, hanwha solutions intends to produce40 tons of nitric acid through hanwha, we believe this is a step in the preparation process for expanding its green hydrogen and upstream polyurethane segments.
it is reported that after the completion of this project, it will save about 10 yuan for hanwha’s tdi production % of the cost.

