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Lotte Chemical leads the way in establishing a circular economy for waste plastics… Supports the 5th ESG center in Jung-gu, Busan
2025.08.19
Lotte Chemical leads the way in establishing a circular economy for waste plastics…
Supports the 5th ESG center in Jung-gu, Busan
[Photo Caption] The opening ceremony of the “Our Neighborhood ESG Center” in Jung-gu, Busan, held on the 14th.
■ As part of Lotte Chemical’s circular economy campaign, ‘Project LOOP’… Contributes to operating local resource circulation hubs by providing facility and equipment support, environmental training, and consulting services.
Lotte Chemical is taking the lead in building a waste plastic circular economy in the region by supporting the opening of the 5th ESG Center in Jung-gu, Busan.
The “Our Neighborhood ESG Center,” which opened on the 14th in Jung-gu, Busan, marks the fifth location following the first center in Geumjeong-gu, Busan opened in 2022, the second opened in Dong-gu in 2023, the third opened in Haeundae-gu in 2024, and the fourth opened in Yeongdo-gu in February 2025.
As part of its Project LOOP Cluster, Lotte Chemical provides facilities and equipment necessary for the operation of ESG centers and supports the collection and conversion of waste plastics into raw materials through training and consulting. In addition to Busan, Lotte Chemical supports the operation of local circular economy hubs, such as ESG centers and upcycling research labs, in Incheon and Ulsan.
The 5th ESG Center in Busan is operated as a collaborative space for ESG activities involving the public sector, local corporations, and local community. It plans to carry out various recycling-related activities as part of carbon neutrality initiatives and local job creation for the elderly. Activities include waste plastic collection and compression, producing products from recycled materials, and running environmental education programs for children.
Notably, the fifth center is the first ESG center converted from a closed daycare facility. The daycare, which closed in October 2023, has been remodeled into a new space, creating a practical ESG initiative that generates new value by utilizing abandoned urban spaces in today’s era of low birth rates and population aging.
The “Our Neighborhood ESG Center,” which opened on the 14th in Jung-gu, Busan, marks the fifth location following the first center in Geumjeong-gu, Busan opened in 2022, the second opened in Dong-gu in 2023, the third opened in Haeundae-gu in 2024, and the fourth opened in Yeongdo-gu in February 2025.
As part of its Project LOOP Cluster, Lotte Chemical provides facilities and equipment necessary for the operation of ESG centers and supports the collection and conversion of waste plastics into raw materials through training and consulting. In addition to Busan, Lotte Chemical supports the operation of local circular economy hubs, such as ESG centers and upcycling research labs, in Incheon and Ulsan.
The 5th ESG Center in Busan is operated as a collaborative space for ESG activities involving the public sector, local corporations, and local community. It plans to carry out various recycling-related activities as part of carbon neutrality initiatives and local job creation for the elderly. Activities include waste plastic collection and compression, producing products from recycled materials, and running environmental education programs for children.
Notably, the fifth center is the first ESG center converted from a closed daycare facility. The daycare, which closed in October 2023, has been remodeled into a new space, creating a practical ESG initiative that generates new value by utilizing abandoned urban spaces in today’s era of low birth rates and population aging.
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