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Lotte moves beyond ‘investment’ to execution in new businesses…accelerates One Lotte collaboration

TL;DR AI

Key summary

2 min read
  1. Lotte Biologics’ Songdo Plant 1 received occupancy approval and is preparing for GMP certification this year, accelerating bio commercialisation.

  2. The Ulsan hydrogen fuel cell power plant has begun commercial operation, while Lotte Energy Materials is expanding foil investments for AI and ESS demand.

  3. Lotte Wellfood and Japan’s Lotte Confectionery launched a Singapore JV to deepen overseas food collaboration.

  4. The moves show Lotte shifting from large-scale investment to real production and operations across its next-growth businesses.

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