Syzygy Enters Joint Development Agreement with LOTTE Chemical
August 24, 2022
Syzygy Plasmonics, LOTTE Chemical and LOTTE Fine Chemical, and Sumitomo Corporation of Americas announced a joint development agreement today to test a fully electric chemical reactor for clean hydrogen production.
The reactor will be installed and brought online in the second half of 2023 at LOTTE Chemical HQ facilities in Ulsan, South Korea. The agreement is a clear identifier of LOTTE Chemical HQ and SCOA as early adopters of disruptive technology and reinforces their position as leading the effort to decarbonize Korea