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Lotte Chemical develops three major environmental protection businesses

 Last Update: 2022-05-15
 Source: Internet
 Author: User

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Sinochem News recently, South Korea's Lotte Chemical announced that the company will increase its annual sales from 18.

Lotte Chemical said that in order to actively respond to fundamental changes in the petrochemical industry, the company has established a hydrogen energy division and a battery materials division

Lotte Chemical's hydrogen energy division will seek to dominate the hydrogen production, transportation, distribution and utilization business

Lotte Chemical's battery materials business unit will develop into a core company in the supply chain connecting electric vehicles, batteries and materials, meeting the needs of environmentally friendly vehicles and the expansion of new and renewable energy

In addition, in response to changes in the plastics industry in major countries, Lotte Chemical plans to sell more than 1 million tons of recycled plastic or bioplastics annually by 2030, with an estimated sales of about 2 trillion won

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