- Business
- HDC Hyundai Engineering Plastics Co., Ltd. manufactures and supplies engineering plastics and polymer compounds for automotive, electronics, construction, and industrial applications worldwide. Established in 2000 as a spin-off from the Petrochemical Division of Hyundai Development Company (founded 1988) and headquartered in Dangjin, South Korea, the company produces polypropylene (PP) compounds including high-performance SUPOL resins for bumpers, interior/exterior automotive materials, electrical/electronic components, and water purifiers; polyethylene (PE) compounds for rubber parts, steel pipe coatings, adhesion materials, construction pipes, and containers; polystyrene (PS) and expandable polystyrene (EPS) for packaging and insulation; polybutene-1 (PB-1) pipes; chlorinated polyvinyl chloride (C-PVC) pipes; and specialty engineering plastics such as polyphenylene sulfide (PPS) that replace metals. Operations span multiple domestic plants in Dangjin (PP focus), Ulsan (PS/EPS), Gimcheon (C-PVC), and Sejong (PB-1), with overseas subsidiaries including Hyundai Engineering Plastics India Pvt. Ltd. plants in Chennai, Sricity (recycled plastics), and the recently completed Pune facility in March 2025; Chinese entities in Sanhe, Yancheng, Chongqing, Suzhou, and Guangdong for PP and specialty polymers; and Japanese offices in Nagoya and Tokyo. Recent developments include the March 2025 completion of the third Indian manufacturing plant in Pune to bolster global production capacity and competitiveness; 2022 affiliation with CJHDC Biosol Co., Ltd. for bioplastics; 2021 affiliations with HDC Polyol Co., Ltd., establishment of the CJ HDC BIOSOL bioplastic joint venture, and acquisition of PPS business from HDC POLYALL; 2020 launch of the Sricity India plant; 2019 acquisition of EBPK shares; 2018 name change to HDC Hyundai EP Co., Ltd. and central research institute establishment; and 2016 start of C-PVC business, reflecting strategic expansions into bio-materials, recycling, and high-performance polymers amid growing demand in Asia.