On January 5,⁣ 2026,⁢ Director Baek Chang-hoon of NH ⁢nonghyup ‌Bank Ulsan Headquarters visited Hantech Co., Ltd.,‍ a KOSDAQ-listed chemical equipment ​manufacturer⁣ based in ⁢Onsan-eup, Ulju-gun, Ulsan. The visit ⁣marked Director⁤ Baek’s first on-site management engagement of the year adn focused on addressing the company’s operational ​challenges and exploring ⁣financial assistance options.

Hantech ⁣Pivots to Eco-Friendly Technologies

Hantech specializes‍ in the production of‍ chemical process equipment (CPE) vital ⁣to the oil, gas, refining, and petrochemical industries. Recognizing the global shift towards sustainability, Hantech is strategically ⁤expanding into the green energy sector,‍ with a particular focus on manufacturing ammonia storage tanks ‍and‍ spent nuclear fuel rod storage containers – known as ⁣CASKs. This diversification⁤ positions the company ⁢to⁤ capitalize on the ​growing demand for infrastructure​ supporting cleaner energy⁤ sources.

Financial Support and‍ Collaborative Growth

During the visit, Director Baek toured Hantech’s manufacturing plant and engaged in discussions with CEO Kim Kang-sik and other management personnel. The ⁤conversation centered on the company’s financial requirements and the‍ obstacles encountered during international business growth. Director‌ Baek emphasized the‌ importance ‌of direct engagement with businesses ‍to‌ inform effective financial support strategies.

“Understanding the challenges faced‍ by companies on the ground is crucial for providing practical financial assistance,”​ Director Baek stated.”Nonghyup Bank is committed to fostering close partnerships with local businesses ‌like Hantech to facilitate mutual growth and‍ contribute to⁣ a thriving regional economy.”