■ Earned the highest rating at the 2023 Win-Win Growth Index on the 8th
■ Carefully communicating and cooperating with partners in various areas, including financial support, overseas market expansion, safety culture promotion, and productivity improvement.
■ President & CEO Lee Hun Ki said, “We are operating practical win-win programs through partnership, cooperation, and communication strategies to reinforce cooperation and win-win growth with partners.”…“We will support our partners in various ways for their independent growth and development.”

LOTTE Chemical announced that it had received the highest rating in the 2023 Win-Win Growth Index evaluation, which was released by the Win-Win Growth Committee on the 8th. This marks the second consecutive year that LOTTE Chemical has achieved the top rating.

The Win-Win Growth Index is an index that quantifies the level of mutual growth between large corporations and SMEs (small and medium-sized enterprises) to promote cooperative growth. It is released once a year by combining the comprehensive evaluation of win-win growth by the Win-Win Growth Committee and the assessment of agreement compliance by the Korea Fair Trade Commission.

In this year’s evaluation, LOTTE Chemical received high rating in areas such as the supply price linkage system and proactive mutual growth activities. Specifically, LOTTE Chemical has been participating in the "Autonomous Promotion Agreement for the Pilot Operation of the Supply Price Linkage System" to protect the rights and interests of its partners, and has implemented the system since November 2022. To promote and expand the system, LOTTE Chemical conducted a total of six training sessions for its partners.

The company also received positive feedback for its creative and voluntary mutual growth activities. In recognition of its efforts in supporting social ventures through the "Project LOOP Social" campaign for the circular recycling of waste plastic, it was selected as the first honoree at the "1st Win-Win Honors," hosted by the Ministry of SMEs and Startups in November 2023.

LOTTE Chemical has been actively collaborating with its partners in various areas, including financial support, overseas market expansion, safety culture promotion, and productivity improvement. To ensure stable financial operations for its partners, LOTTE Chemical operates a Win-Win Growth Fund of 135 billion KRW, benefiting 158 partners as of 2023. Additionally, by supporting the overseas expansion and sales growth of its partners, the Company achieved 47.5 billion KRW in market expansion last year.

Moreover, LOTTE Chemical has been conducting joint research projects in various fields, including eco-friendly initiatives, to strengthen the technological competitiveness of its partners. The Company also runs a program that dispatches its experts to assist in quality improvement. To prevent safety incidents, it supports environmental seminars, disaster prevention consulting, and safety management facilities.

"We are operating practical win-win programs through partnership, cooperation, and communication strategies to reinforce cooperation and win-win growth with partners,” stated LOTTE Chemical’s President & CEO, Lee Hun Ki. “We will support our partners in various ways for their independent growth and development."