Kim Chong-hee

Kim Chong-hee (; 1922–1981) was the founder of Hanwha Group and a leading figure of the South Korean explosives industry. Korea Explosives Corporation Kim established the Korea Explosives Corporation, a forerunner of the Hanwha Corporation, in 1952. He succeeded in domestically producing dynamite in 1957, and began its commercial production from 1958, contributing to South Korea's industrial growth by enabling the construction of the national infrastructure, including bridges, tunnels and highways. Expansion Outside the explosives industry, Kim also upgraded the domestic bearing industry to a world caliber status by taking over Shinhan Bearing Industrial in 1964 and advancing it forward, as well as leading the growth of the domestic petrochemical industry by establishing Korea Hwasung Industrial (currently, Hanwha Chemical and Hanwha L&C). He also made contributions to the development of South Korea's dairy industry by acquiring Daeil Dairy in 1973. Diplomatic activities Kim was also a pioneer in private diplomacy in South Korea. Kim was named an honorary consul-general to Greece in 1968, and in recognition of his contributions to advancing relations between the two countries, he was awarded the Venus Cross Medal of Honor, Greece's highest honorary medal, by the Greek government in 1972.