■ LOTTE Chemical-Korea SMEs and Startups Agency encourage long-term employment of talented employees at SMEs in chemicals and support building their assets.
■ “The MOU with Korea SMEs and Startups Agency is another specific action to realize the value of joint cooperation,” stated Choi Young Gwang, Director of LOTTE Chemical’s Communications Division… “LOTTE Chemical will fulfill social responsibilities and create a corporate culture for mutual growth through joint cooperation with partners,”
■ “Celebrating the 10th anniversary, Tomorrow Chaeum Deduction currently has about 850,000 subscribers as the major job creating business for workers’ assets,” said Cho Han Gyo, Director of Workforce Development, Korea SMEs and Startups Agency”… “We will constantly improve the systems and discover various public-private cooperation models to haul innovative growth and competitiveness of SMEs.”
■ LOTTE Chemical promotes various activities for joint growth with partners… Supporting recruiting key manpower, consulting for reinforcing technical competitiveness, and operating joint growth funds for smooth funding.

In the afternoon of the 12th, LOTTE Chemical, at the head office at Seoul LOTTE World Tower, signed an ‘MOU for Tomorrow Chaeum Deduction for Mutual Growth’ with the Korea SMEs and Startups Agency (KOSME) to strengthen the self-sustainability of small and medium-sized enterprises (SMEs). The signing ceremony was attended by Choi Young Gwang, Head of Communications Division at LOTTE Chemical; Cho Han Gyo, Director of Workforce Development at KOSME; and about 10 other officials. Through this MOU, LOTTE Chemical and KOSME plan to support the long-term employment and asset development of talented employees in the chemical sector of SMEs.

The ‘Tomorrow Chaeum Deduction for Mutual Growth’ is a collaborative model designed to achieve joint prosperity between large enterprises and SMEs. It involves the Ministry of SMEs and Startups and KOSME partnering with local governments, large corporations, and public institutions to subsidize the savings of employees at partner SMEs, thereby reducing the financial burden on these companies and promoting joint growth.

Since 2021, LOTTE Chemical has operated a mutual growth program to support partner companies by covering their corporate contributions with the Tomorrow Chaeum Deduction. This initiative has benefited 153 key personnel from approximately 53 companies.

With this new MOU, LOTTE Chemical and KOSME will expand their support to ▲ provide deduction contributions for mutual growth for key personnel in outstanding SMEs within the chemical sector; ▲ support ESG management transitions for companies with needs in ESG management and carbon neutrality; and ▲ actively cooperate to identify and disseminate exemplary cases of mutual growth between large and small-to-medium enterprises.

Choi Young Kwang, Head of Communications at LOTTE Chemical, stated, "This agreement with the Korea SMEs and Startups Agency is another concrete action to realize the value of mutual growth. LOTTE Chemical is committed to fulfilling its social responsibilities and leading the creation of a collaborative and growth-oriented corporate culture through mutual cooperation with our partners."

“Celebrating the 10th anniversary, Tomorrow Chaeum Deduction currently has about 850,000 subscribers as the major job creating business for workers’ assets,” said Cho Han Gyo, Director of Workforce Development, Korea SMEs and Startups Agency”… “We will constantly improve the systems and discover various public-private cooperation models to haul innovative growth and competitiveness of SMEs.”

LOTTE Chemical is actively engaged in various activities to promote mutual growth with its partners. The company operates several support programs, including participation in job fairs and providing hiring incentives to help partners secure key personnel.

Additionally, LOTTE Chemical offers consulting support programs to enhance partners' technological competitiveness, along with technology protection training and environmental seminars. To facilitate smooth financial operations for its partners, LOTTE Chemical manages a mutual growth fund worth 135 billion KRW.