■ LOTTE Chemical opened its third ESG Center in Haeundae-gu, Busan… Further supporting waste plastic collection and constructing resource circulation ecosystem in the community.
■ This initiative is a part of the Company's ongoing efforts to promote a circular economy through its resource circulation campaign, Project LOOP… Supporting center facilities, equipment, training, and consulting and exploring the use of potential suppliers of regenerated materials.

LOTTE Chemical has opened its third ESG Center in Haeundae-gu, Busan, after the first and second ESG Centers in Busan, further supporting waste plastic collection and resource circulation construction activities in the community.

The Haeundae ESG Center, launched on November 13, follows the opening of the first center in Geumjeong-gu in 2022 and the second in Dong-gu in 2023. The center will operate as part of a senior employment program, focusing on activities such as collecting, washing, compressing plastic waste, and providing environmental education and consulting. Revenue generated from these activities will be reinvested into creating more jobs for seniors and sustaining the center's operations.

LOTTE Chemical is providing support for the center’s facilities, equipment, training, and consulting under the Project LOOP initiative. The Company is also exploring ways to utilize the waste plastic collected at the center as recycled raw materials in the future.

In addition to Busan, LOTTE Chemical is supporting similar centers and upcycling research labs in Ulsan and Incheon, serving as regional hubs for recycling efforts. Since 2022, the Company has collaborated with local communities to create 1,480 senior jobs and has actively contributed to building a sustainable recycling ecosystem.

The opening ceremony, held at the Senior Job and Culture Center in Bansong 1-dong, Haeundae-gu, was attended by Choi Young Kwang, Head of Communications at LOTTE Chemical; Kim Seong Su, Governor of Haeundae-gu District; Kim Mi Gon, President of the Korea Senior Human Resources Development Institute; Bae Byung Cheol, Director of Social Welfare at Busan Metropolitan City; Han Yoon Sik, Head of Business Infrastructure at the Korea Housing Finance Corporation; and Kang Hyun Jung, Director of Innovation and Performance at the Housing and Urban Guarantee Corporation.