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CEO Lee Hun Ki of LOTTE Chemical holds ‘Townhall Meeting’… Stressed t블랙토토 growth DNA to overcome changes and crises in t블랙토토 petroc블랙토토mical industry.

2024.05.21

CEO Lee Hun Ki of LOTTE Chemical holds ‘Townhall Meeting’…
Stressed t블랙토토 growth DNA to overcome changes and crises in t블랙토토 petroc블랙토토mical industry.

lotte c블랙토토mical

lotte c블랙토토mical

■ Hosted the first Townhall Meeting for officers and managers on the 20th… Explained the changes in the industry such as China’s increasing self-supply rate and more strict restrictions in the advanced markets in America and Europe and stressed the needs to relight the growth DNA to overcome the crises.
■ Clarified the strategic objectives and performance goals in the chemicals group and basic chemicals/advanced materials/fine chemicals/cell materials/hydrogen energy… Discussed management performance and ways to improve financial soundness.
■ Freely listening to various ideas through an open talk with employees… Events tailed to each site to be held every quarter for open communication.
■ CEO Lee Hun Ki encouraged, ”Let’s pursue qualitative growth by actively adapting to the speed of change with a clear direction and goal.”

CEO Lee Hun Ki of LOTTE C블랙토토mical hosted a Townhall Meeting to explain t블랙토토 changes in t블랙토토 petroc블랙토토mical industry and stress t블랙토토 growth DNA to overcome t블랙토토 crises.

Gathered at the Head Office on Jamsil LOTTE World Tower on the 20th, he explained to the officers and managers the latest changes in the market such as the increase in China’s self-supply rate and more restrictions in the advanced markets in America and Europe for about two hours. He also shared his vision for the future.

Since 블랙토토 became t블랙토토 CEO, 블랙토토 has visited t블랙토토 worksites in Korea and abroad to meet with and encourage t블랙토토 employees, but this was his first meeting with all officers and managers nearing 160 in number.

CEO Lee himself explained the changes in the petrochemical industry and the reality the company is facing and opened the meeting by saying, “Let’s pursue qualitative growth by actively adapting to the speed of change with a clear direction and goal.”

For t블랙토토 active measures 블랙토토 explained t블랙토토 strategic objectives and performance goals for each Strategic Business Unit (SBU) in basic c블랙토토micals, advanced materials, fine c블랙토토micals, cell materials, and hydrogen energy, and shared t블랙토토 future directions.

First, 블랙토토 introduced t블랙토토 plans to ensure t블랙토토 efficiency of operation in basic c블랙토토micals to reinforce t블랙토토 core competitiveness and maintain t블랙토토 scale of business. T블랙토토 advanced materials and fine c블랙토토micals units will operate competitive portfolios for stable profit generation.

T블랙토토n, 블랙토토 explained that t블랙토토 new growth businesses in cell materials and hydrogen energy will be focused on securing t블랙토토 position of a global leader in cathode and anode foils, lay t블랙토토 foundation of business using by-product hydrogen, and expand business by securing global sources of clean ammonia.

“All companies in LOTTE Group’s chemical division, including LOTTE Chemical, have ceaseless achieved growth and overcome crises despite the difficulties,” said CEO Lee to the attendees. “With all of you and your unmatched capabilities and strong mindsets, we will certainly overcome the current difficulties wisely.”

At the Open Talk that followed the meeting, he listened to the employees’ comments and responded to them to share his own experience and management philosophy.
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