South Korean-based Lotte Chemical has unveiled its 2030 hydrogen growth roadmap which outlines the company’s intentions in accelerating hydrogen adoption and an investment of ₩4.4 trillion ($3.8bn) by 2030.
Released today (July 13), the “Every Step for H2” roadmap establishes the goal of supplying 30% of domestic hydrogen demand along with achieving carbon-neutral growth by 2030.
This is expected to be achieved through an investment of about ₩4.4 trillion ($3.8bn) in several stages by 2030; this will help attain sales of ₩3 trillion ($2.6bn) and an operating profit rate of 10%.
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