■ On the afternoon of the 3rd, at Jamsil Lotte World Tower, Minister of Employment and Labor Lee Jeong-sik, Lotte Group Chemical Group General Manager Lee Hoon-ki, Dubon CEO Lee Dae-hee, and Woojin Polymer CEO Han Dong-hoon attended and signed an agreement to spread a culture of win-win cooperation in the petrochemical industry.
■ Lotte Chemical-Ministry of Employment and Labor -The Ministry of Employment and Labor agrees that coexistence between large corporations and their partners is the core foundation for the sustainable growth of the petrochemical industry... In September 2023, the industry's first joint declaration was announced and the win-win council was launched, and after collecting various opinions from the field, this win-win agreement was prepared.
■ Lee Hoon-ki, General Manager of Lotte Group Chemical Group, said, “We are actively working to improve the safety culture, welfare improvement, productivity, and professionalism of our partners. “We will cooperate and work together to create a virtuous industrial ecosystem for sustainable growth”, “We will work with all affiliates of Lotte Group Chemical Group to ensure that the value of coexistence and cooperation becomes a positive influence and spreads throughout the petrochemical industry”
■ Jeongsik Lee Minister of Employment and Labor said, “This commitment to coexistence will be a signal for Korea’s petrochemical industry to take a leap forward in the global market once again,” and “In the second half of this year, we will share the achievements and cases of coexistence with companies that participated in the coexistence model.” “We will set up a venue to publicize our efforts for coexistence as a leading ESG company.”
On the afternoon of the 3rd, Lotte Group Chemical Group held an agreement ceremony for 『Spreading a culture of win-win cooperation in the petrochemical industry』 with the Ministry of Employment and Labor and representatives of partner companies at Lotte World Tower in Jamsil.
Last September, for the first time in the industry, we agreed that coexistence between large corporations and partners is a key foundation for the sustainable growth of the petrochemical industry, and announced a joint declaration and launched a coexistence council. After collecting various opinions from the field for about 9 months, a practical win-win agreement was prepared.
The signing ceremony was attended by Lee Hoon-ki, General Manager of Lotte Group's Chemical Division, Hwang Jin-gu, CEO of Lotte Chemical's Basic Materials Business, Lee Young-jun, CEO of Advanced Materials Business, Lee Jeong-sik, Minister of Employment and Labor, Dae-hee Lee, CEO of Dubon, and Dong-hoon Han, CEO of Woojin Polymers, in attendance, highlighting the continuation of the petrochemical industry. In order to achieve possible shared growth, we decided to reflect and put into practice the characteristics of the petrochemical industry through “new social dialogue.”
Lotte Chemical and Lotte Group chemical group affiliates will prepare and implement reasonable measures to actively support the improvement of working conditions such as improving the safety and welfare of workers at partner companies, establish human resources infrastructure, and support the creation of a foundation for improving productivity and expertise and securing self-sufficiency. plan.
For coexistence and development, partner companies plan to actively improve the working environment of workers and actively conduct education and training to strengthen capabilities.
The Ministry of Employment and Labor plans to actively support the efforts of companies, including Lotte Chemical and its partner companies, for autonomous coexistence in the petrochemical industry.
Lee Hoon-ki, General Manager of Lotte Group Chemical Group, said, “We will actively cooperate to improve the safety culture, welfare, productivity and expertise of our partners, and work together to create a virtuous industrial ecosystem for sustainable growth.” “We will work with all affiliates to ensure that the values of coexistence and cooperation become a positive influence and spread throughout the petrochemical industry,” he said.
Minister of Employment and Labor Lee Jeong-sik said, “Today’s pledge for coexistence will be a signal for our country’s petrochemical industry to take a leap forward in the global market once again.” As ESG management is important in this era, “companies that participated in the coexistence model in the second half of this year will “We will provide an opportunity to share the achievements and cases of coexistence and publicize our efforts for coexistence as a leading ESG company,” he said.
Dubon CEO Lee Dae-hee, who attended as a representative partner, said, “The petrochemical industry is difficult and difficult these days, but I believe that these difficulties will soon be overcome.” He also added, “If the government and companies think together and join forces, our chemical business will grow once again.” “I am confident that we will make a second leap forward.”
Meanwhile, Lotte Chemical obtained the highest rating in the 2022 Win-Win Growth Index evaluation, and is operating and supporting a Win-Win Growth Fund worth 135 billion won to ensure management stability through smooth fund management of its partners. In addition, we are supporting overseas expansion and sales expansion for domestic partner small and medium-sized companies, and are providing environmental seminars, disaster prevention consulting, and training on safety management facilities to partner small and medium-sized companies in order to establish a safety culture.