Namhae Chemical Corporation (025860.KS) manufactures and sells agricultural chemicals, fertilizers, and basic industrial chemicals in South Korea and internationally. The company produces high-quality, eco-friendly fertilizers including urea, phosphatic, and compound varieties suited to Korean soil and crops; basic chemical products such as ammonia, sulfuric acid, fuming sulfuric acid, phosphoric acid, gypsum, hexafluorosilicic acid, sulphate of potash, and hydrochloric acid; and operates gas stations while supplying petroleum products including gasoline, diesel, and kerosene. It also engages in the export and trading of fertilizers and chemicals to over 20 countries. Founded in 1974 and headquartered in Yeosu-si, South Korea, Namhae Chemical operates primarily through its fertilizer, chemical, trading, and oil business segments, holding a leading 42% domestic market share in chemical fertilizers. In recent developments, the company signed an agreement with GS Caltex in October 2025 to supply carbon-free steam from a reactivated sulfuric acid plant in the Yeosu Industrial Complex, targeting commercial operations in 2027 to reduce carbon emissions; expressed interest in expanding raw material sourcing including green ammonia and rock phosphate from Malaysia; and through its subsidiary NES Materials—a 2021 joint venture with ENF Technology (20%) and Samsung C&T (10%)—began supplying prototype high-purity sulfuric acid for semiconductor wafer cleaning to Samsung Electronics, with commercial production slated for late 2025 or 2026.