Lotte Construction-Production Technology Research Institute Sign MOU for "Clean Hydrogen and Carbon Neutrality Achievement"

Lotte Construction Research Institute Director Park Sun-jeon (left in the photo) and Korea Institute of Industrial Technology Clean Technology Research Center Director Lee Seok-woo are taking a commemorative photo after signing a business agreement.

Lotte Construction announced on the 16th that it has signed a Memorandum of Understanding (MOU) with the Clean Technology Research Institute of the Korea Institute of Industrial Technology for the "Development of Clean Hydrogen Production Technology and Realization of Carbon Neutrality."

The agreement, made on the 15th at the headquarters of the Korea Institute of Industrial Technology in Cheonan, Chungcheongnam-do, will enable Lotte Construction and the Clean Technology Research Institute to jointly conduct full-scale research on the "Future Hydrogen Innovation Technology Development Project" led by the National Research Foundation of Korea, a national research management agency, with plans to develop a new hydrogen production method that emits no carbon dioxide.

Furthermore, they plan to initiate new business ventures in green hydrogen production with zero carbon emissions during the production process and in waste resource recycling, aiming for technology commercialization.

An official from the Korea Institute of Industrial Technology stated, "Based on the research capabilities of the institute and Lotte Construction’s commercialization experience, we expect this to create a new turning point for industry-centered carbon neutrality and the dissemination of clean technology."

This content was produced with the assistance of AI translation services.