Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Lotte Chemical Corp. is investing 4.4 trillion won in hydrogen projects by 2030 as it seeks a new growth driver while moving away from the petrochemical business.
Under its hydrogen growth roadmap dubbed the Green Promise 2030, Lotte Chemical aims to generate annual sales of 3 trillion won with an operating profit margin of over 1 percent in future hydrogen-related business alone.
The chemical unit of Lotte Group, South Korea’s fifth-largest conglomerate, will establish blue hydrogen facilities with an annual production capacity of 160,000 tons by 2025.
It also plans to generate 440,000 tons of green hydrogen a year overseas by 2030for industrial use in South Korea.
Overall, Lotte aims to launch facilities with an annual hydrogen production capacity of 600,000 tons by 2030.
With the projects, Lotte Chemical aims to take 30 percent of the domestic hydrogen market by 2030, raising its overall revenue to 50 trillion won with a profit margin of 15 percent.
