LOTTE Chemical decides to invest 0.1 billion EUR in
『Clean H2 Infrastructure Fund』, the global 메가 슬롯 investment fund.
■ Asia’s one and only chemical company to participate in the greatest global 메가 슬롯 fund led by Europe and USA as a key investor from the beginning stage.
■ Cooperating with various companies in Korea and abroad to identify the trends in advanced 메가 슬롯 technology, search opportunities for new investment,
and contribute to the development of 메가 슬롯 industry in Korea.
■ “Each affiliate of LOTTE Group will grow into the leader of Korea’s hydrogen industry based on the green and social ESG management,”
said Chairman Shin Dong-bin of LOTTE Group.
LOTTE Chemical, the leader of LOTTE Group’s 메가 슬롯 industry, has announced that they will invest about 140 billion KRW (approx. 0.1 billion EUR) to secure the advanced technology and infrastructure for the fast-growing 메가 슬롯 industry.
Clean H2 Infrastructure Fund is the global 메가 슬롯 investment fund jointly led by Air Liquide, the co-chair of 메가 슬롯 Council, and Total, a member of the Council, which is a council of global enterprises related to the 메가 슬롯 economy organized by the Davos Forum in 2017.
It will raise about 2 trillion KRW to strategically invest in global projects that involves 메가 슬롯 storage, distribution infrastructures, 메가 슬롯 vehicles, and 메가 슬롯 production related to new renewable energy.
LOTTE Chemical will be a key investor accompanied by eight other companies and Asia’s only chemical company to join the Fund from the early stage to identify the trends in advanced hydrogen technology, search opportunities for new investment, and contribute to the development of 메가 슬롯 industry in Korea.
“We are cooperating with various global companies and making ceaseless efforts to strength the hydrogen capacities of our affiliates to achieve carbon neutralization by 2040,” said Chairman Shin Dong-bin of LOTTE Group. “Each affiliate of LOTTE Group will grow into the leader of Korea’s hydrogen industry based on the green and social ESG management.”
LOTTE Chemical declared ‘Every Step for H2,’ the eco-friendly 메가 슬롯 growth roadmap to achieve carbon neutralization and supply 30% of 메가 슬롯 consumed in Korea, last July and is currently cooperating with various global companies to lead ▲ clean 메가 슬롯 production, ▲ 메가 슬롯 application, and ▲ development of 메가 슬롯 technology.
LOTTE Chemical has entered an MOU to use the byproduct 메가 슬롯 of Air Liquide Korea and LOTTE Chemical to jointly invest in the construction of new high-pressure 메가 슬롯 shipping center and 메가 슬롯 charging stations and expand the development of mobility market from the metropolitan area to the entire Korea. Airrane, a small but powerful business in Korea, has installed at Yeosu Plant 1 the CCU technology substantializing facilities using the gas separating membranes for the first time in Korea’s chemical industry.
Also, LOTTE Chemical has entered an MOU with Samsung Engineering for joint participation in enhancing energy efficiency of businesses in Korea and abroad, greenhouse gas and environmental impact reduction, development of carbon collection and application technology, licensing green 메가 슬롯 business and technology. With SK Gas, LOTTE Chemical will share the resources and capacities to construct a business model for the entire value chain related to 메가 슬롯, including the construction of 메가 슬롯 gas charging stations and 메가 슬롯 fuel cell generators and the supply of liquified 메가 슬롯 produced using LNG thermal energy.