[Special Stock] Hanwha Solutions Drops Over 6% Due to Explosion Accident at Yeosu Yeocheon NCC View original image


[Asia Economy Reporter Myunghwan Lee] Hanwha Solutions is plunging nearly 6% on the 11th following the explosion accident at Yeocheon NCC in Yeosu. Yeocheon NCC is a joint venture between Hanwha Solutions and DL Chemical.


As of 11 a.m., Hanwha Solutions is trading at 33,000 KRW, down 6.25% (2,200 KRW) from the previous trading day.



The impact comes after an explosion accident occurred around 9 a.m. at Yeocheon NCC Plant 3 in Yeosu National Industrial Complex, Yeosu-si, Jeollanam-do. Among the 8 workers, 4 are reported dead, and 4 others have sustained moderate to severe injuries and are being transported to the hospital. The cause of the accident is presumed to be an explosion during a heat exchanger test at the plant.


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