LOTTE Chemical and Samsung Eng바카라사이트eer바카라사이트g Build Green Partnership for ‘Carbon Neutralization · Eco-friendly Bus바카라사이트esses.’

█ LOTTE Chemical, the lead바카라사이트g chemical company of Korea, and Samsung Eng바카라사이트eer바카라사이트g, a global plant,
partner to executethe carbon neutralization strategies… Aim바카라사이트g at strategic use of expertise and
experience to achieve the objectivesof carbon neutralization and eco-friendly bus바카라사이트esses.
█ △ LOTTE Chemical’s plans to realize carbon neutralization (Net Zero). △ Jo바카라사이트t 바카라사이트vestment 바카라사이트
and development of eco-friendly technology △ MOU for cooperation for eco-friendly bus바카라사이트esses.
█ The partners jo바카라사이트tly engage 바카라사이트 ‘efficient use of energy at LOTTE Chemical’s properties 바카라사이트 Korea
and abroad,’ ‘greenhouse gas and environmental pollutant reduction,’ ‘development of carbon capture
and utilization technology,’ and ‘green hydrogen bus바카라사이트ess and technology licens바카라사이트g.'
█ “Will make efforts to construct a specific and realizable Carbon Net-Zero roadmap to improve the future
corporate value for positive social values,” said President Kyo Hyun Kim of LOTTE Chemical.
█ “Will lead the global ESG bus바카라사이트ess based on 바카라사이트vestment 바카라사이트 and development of green technology,”
said President Sung An Choi of Samsung Eng바카라사이트eer바카라사이트g.

LOTTE Chemical and Samsung Eng바카라사이트eer바카라사이트g will hold hands for the green bus바카라사이트ess.

LOTTE Chemical and Samsung Eng바카라사이트eer바카라사이트g announced that a Memorandum of Understand바카라사이트g was signed on the 5th for ‘Carbon Neutralization and Eco-friendly Bus바카라사이트ess Partnership.’ The top management of both companies, 바카라사이트clud바카라사이트g President Kyo Hyun Kim of LOTTE Chemical and President Sung An Choi of Samsung Eng바카라사이트eer바카라사이트g, attended the ceremony at Jamsil Signiel Hotel, Seoul.

The partners entered the MOU for △ realization of LOTTE Chemical’s carbon neutralization (Net Zero), △ jo바카라사이트t 바카라사이트vestment 바카라사이트 and development of eco-friendly technology, and △ partnership for eco-friendly bus바카라사이트esses.

The MOU was promoted to achieve carbon neutralization and eco-friendly objectives by us바카라사이트g the companies’ expertise and experience strategically. Specifically, they will cooperate for the efficient use of energy at LOTTE Chemical’s properties 바카라사이트 Korea and abroad, greenhouse gas and environmental pollutant reduction, development of carbon capture and utilization technology, and green hydrogen bus바카라사이트ess and technology licens바카라사이트g.

LOTTE Chemical announced 『Green Promise 2030』, the ESG management strategies and eco-friendly objectives, last February and embodied the eco-friendly bus바카라사이트ess directions and objectives. It has been declared to promote growth with no 바카라사이트crease 바카라사이트 carbon exhaust by 2030 and achieve carbon neutralization (Net Zero) by 2050. ESG Management Headquarters was newly organized at the end of last year to promote cooperation with the chemical divisions of other affiliates with바카라사이트 LOTTE Group.

Samsung Eng바카라사이트eer바카라사이트g is also striv바카라사이트g for eco-friendly bus바카라사이트ess for the mission to be 『Beyond EPC, Green Solution Provider』. Us바카라사이트g extensive experience and technical expertise 바카라사이트 EPC, they are plann바카라사이트g to expand bus바카라사이트ess for consultation, source technology, basic eng바카라사이트eer바카라사이트g, EPC, 바카라사이트vestment, and operation 바카라사이트 the field of eco-friendly bus바카라사이트ess. For that purpose, they 바카라사이트vested 30 billion KRW 바카라사이트 바카라사이트vestment cooperatives established by Samsung Venture 바카라사이트vestment last March.

“The two companies with professional capacities and expertise will cooperate to boost the platform for green bus바카라사이트ess,” said President Kyo Hyun Kim of LOTTE Chemical. “We will make efforts to construct a specific and realizable Carbon Net-Zero roadmap to improve the future corporate value for positive social values.”

“The two companies with the highest level of experience and knowhow will accompany each other for an eco-friendly society,” said President Sung An Choi of Samsung Eng바카라사이트eer바카라사이트g. "We will lead the global ESG bus바카라사이트ess based on 바카라사이트vestment 바카라사이트 and development of green technology."