Starting with waste plastic pyrolysis oil, we plan to expand our business volume by utilizing various recyclable resources. We are considering expanding preprocessing facilities and directly producing pyrolysis oil. Our plan is to gradually increase the processing volume.

The importance of clean hydrogen as a new energy source is increasingly recognized in light of global issues such as climate change and energy supply. To address this, the government is promoting the expansion of the hydrogen ecosystem by scaling up and broadening the hydrogen economy while establishing appropriate infrastructure and systems. As an energy company, HD Hyundai Oilbank is committed to promoting clean hydrogen and ammonia businesses to establish a hydrogen society. We are currently developing a step-by-step strategy to make this vision a reality.

HD Hyundai Oilbank is making company-wide efforts to achieve our GHG reduction targets and contribute to combating climate change by capturing and utilizing carbon dioxide as a raw material in the chemicals and materials field. We are currently exploring technologies to capture carbon dioxide at our worksites and convert it into low-carbon fuels and materials, with the goal of building an eco-friendly business model that will create the greatest synergy with our core business. In addition to this, we are also exploring ways to contribute to the reduction of fossil fuel usage in society as a whole. We plan to do this by expanding our business expertise to renewable energy and lightweight materials for vehicles.