The Daelim Group started seventy years back in 1939 as Boolim Company specializing in lumber, and has grown into a national company. In 1947 the company was renamed Daelim Industrial, and became the first Korean company to do overseas construction work in the 1960s. In addition, Daelim was involved in important construction projects, marking a new era in the economic development of Korea, such as petrochemical and fertilizer plants in Yeosu and Ulsan, the Seoul-Busan Expressway, power plants and ports. In 1979, the company acquired Honam Ethylene, and merged with it in 1987. Thus it laid down the foundation for a new round of growth with focus on construction and petrochemical business. In 1989, Daelim Group proclaimed a second foundation and celebrated its 70th anniversary in 2009. It has become a blue-chip company in the 21st century. The Daelim Group is reinventing itself to become a company endlessly trying to serve people.

The Hanwha Group was born in 1952 when Korea Explosives was established. Facing the information society of the 21st century, the Hanwha Group is opening a new horizon in the distribution, leisure and financial industry with the petrochemical business serving as its anchor. In the 1960s, when the Korean economy was industrializing fast, Hanwha laid the foundation for a new leap while being the driving force behind the global economic growth. Meanwhile, the group added trading, construction, food and distribution to its portfolio while further reinforcing its competency in the petrochemical and machine industry in the 1970s. In the 1980s, the company grew both qualitatively and quantitatively, which led to the ‘second foundation’ of the Hanwha Group. In the 1990s, the group underwent a resolute and powerful restructuring and stood tall as a sound and solid enterprise. In the 2000s, the group took another leap and established the Daedeok Techno Valley and Hanwha Venture Capital. Further expanding its presence in the growth industries like finance, leisure, distribution and service, the Hanwha Group is on its way to becoming a global enterprise.