Hanwha Solutions is currently trading at 48,200 KRW, down 3.41% from the previous day as of 10:31 AM on the 2nd. The trading volume is 1,778,064 shares, which is 99.29% of the previous day's volume. Hanwha Solutions is known as a manufacturer and seller of petrochemical products such as caustic soda and PVC.


On March 31, analyst Lee Anna from Ebest Investment & Securities stated, "The company plans a total investment of 160 billion KRW to establish a new DNT production facility with an annual capacity of 180,000 tons, targeting commercial production in 2024. For the raw material nitric acid for DNT, Hanwha Corporation is reviewing an investment in a facility with an annual capacity of 400,000 tons. Through this investment, the company plans to produce all DNT internally. Since the synthetic gas plant began commercial operation in August 2021, cost competitiveness is expected to improve. If investment extends to nitric acid in the future, cost competitiveness will improve significantly. With internal production of key raw materials such as chlorine, synthetic gas, and DNT, stable operation of TDI and CA production facilities will be possible." He set the target price for Hanwha Solutions at 64,000 KRW.


Over the past five days, individual investors have net sold 723,867 shares of Hanwha Solutions, while foreigners and institutions have net sold 134,689 shares and net bought 807,606 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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