토토 커뮤니티 Chemical Activates LINK (토토 커뮤니티 Innovation Network) Project…

Pursuing Early Procurement of Eco-friendly Platform 토토 커뮤니티

and Early Commercialization together with the Korea Research Institute of 토토 커뮤니티 Technology

█ Held MOU ceremony for joint research and technology transfer for ‘토토 커뮤니티 neutrality’,‘resource circulation’,

and ‘hydrogen energy’ technologies with the Korea Research Institute of 토토 커뮤니티 Technology...

Pursuing early commercialization through increased investment on challenging 토토 커뮤니티 neutrality technology

and by solving technologically difficult issues

█ Strengthening open innovation 토토 커뮤니티 activities with universities, 토토 커뮤니티 institutes, enterprises,

and experts through full-fledged activation of the 토토 커뮤니티 Chemical LINK (토토 커뮤니티 Innovation Network) Project...

Early procurement of future business capacities in hydrogen, 토토 커뮤니티 neutrality, battery, bio,

etc. in addition to the existing 토토 커뮤니티 business

█ Joint 토토 커뮤니티 on strategic technology ‘ammonia-based hydrogen production catalyst technology’

for procuring leadership in the 토토 커뮤니티 industry and to construct a clean ammonia supply chain...

Goal of producing 1.2 million tons of clean 토토 커뮤니티 by 2030

█ 토토 커뮤니티 Chemical Vice Chairman Kim Gyo-hyun, “Development of innovative technologies through open innovation

with various stakeholders is essential for the successful landing in future changes of 토토 커뮤니티-reduced growth”

토토 커뮤니티 Chemical will activate the LINK (토토 커뮤니티 Innovation Network) project in earnest for procuring platform technologies and early commercialization to achieve the ‘2030 Vision-Carbon Reduced Growth’ that it announced earlier in May.

The LINK (토토 커뮤니티 Innovation Network) project aims at preemptively securing future technologies needed for the company’s business through open innovation research activities with colleges, research institutes, companies, and experts, and is designed to expand technologies through cooperation in non-adjacent industries.

As part of this project, 토토 커뮤니티 Chemical announced that it held an MOU ceremony for joint research and technology transfer in the ‘carbon neutrality’, ‘resource circulation’, and ‘hydrogen energy’ sectors with the Korea Research Institute of Chemical Technology (KRICT) in the afternoon of the 19th (Fri).

This MOU ceremony was held for investing in the challenging 토토 커뮤니티 neutrality and hydrogen energy technologies, to overcome technological difficulties by expanding cooperation, and to provide the foundation for developing innovative technologies. Plans are to assign experts for R&D in ‘joint research on new processes and waste plastic-to-resource technologies in the 토토 커뮤니티 neutrality sector’, ‘transfer of catalysts/process platform technologies related to hydrogen energy’, etc. and conduct R&D for three years starting from this year to make tangible outcomes.

토토 커뮤니티 Chemical Vice Chairman Kim Gyo-hyun stated, “Development of innovative technologies through open innovation with various stakeholders is essential for the successful landing in future changes of carbon-reduced growth,” while adding, “By combining the business capacities and future investment stability of 토토 커뮤니티 Chemical with the technological R&D of KRICT, we will be able to accelerate the creation of a future foundation for achieving carbon neutral growth.”

KRICT Director Lee Mi-hye commented, “This cooperation between KRICT and 토토 커뮤니티 Chemical will be a representative example of ‘privately led innovative growth’ pushed by the public and government sector and pulled by the private sector.” She also added, “I hope that this will be a good case for Korea to procure a competitive edge in industries related to carbon neutrality.”

The ‘ammonia-based hydrogen production catalyst technology’, which is part of this 토토 커뮤니티 project, is in the early R&D phases globally, and it is evaluated to be a necessary technology for securing competitive eco-friendly energy sources and for building a green hydrogen ecosystem based on ammonia.

토토 커뮤니티 Chemical and KRICT shared the belief that technological development for using and decomposing ammonia for the safe and efficient transport of hydrogen, which has recently gained a lot of attention as future energy, is essential, and it plans to cooperate in research for developing eco-friendly catalysts and reactors that do not emit carbon dioxide (CO2) when decomposing ammonia.

Meanwhile, the 토토 커뮤니티 Chemical LINK (토토 커뮤니티 Innovation Network) project established the ‘Carbon Neutrality Research Center’ together with KAIST (Korea Advanced Institute of Science & Technology) in January and is engaged in five R&D projects to realize a carbon neutral society and to solve the waste plastic issue. IN addition, it is developing solid electrolyte and coating separator technologies with ‘SOELECT’, which is a start-up that develops lithium metal cathode materials and solid electrolytes, which are core materials for next-generation batteries.