[Photo]: 토토 커뮤니티 Engineering Plastics CI and view of Yesan Plant 1

■ Sambark LFT changed name to ‘토토 커뮤니티 Engineering Plastics’… Expected to grow into a specialized producer of advanced functional materials.
■ Reinforcing specialty businesses to expand portfolio of functional materials.
■ New Yulchon plant to be operated in the second half of 2025 in Jeollanam-do Province… Largest compounding production of 500,000 tons/year in Korea.
■ President & CEO Lee Hun Ki of 토토 커뮤니티 Chemical stated, “…expected to specialize in specialty materials in chemical group” to “become the world’s No.1 advanced functional material producer.”

On October 3rd, Sambark LFT, a subsidiary of 토토 커뮤니티 Chemical, held a special meeting of shareholders and resolved the agenda to change its company name to "토토 커뮤니티 Engineering Plastics."

The new name, "토토 커뮤니티 Engineering Plastics," reflects the company's focus on its future core product, Engineering Plastics (EP), signifying its commitment to grow as a specialized producer of functional materials through business expansion.

Established in January 2000, 토토 커뮤니티 Engineering Plastics (formerly Sambark LFT) became a subsidiary of 토토 커뮤니티 Chemical in October 2009.

‘토토 커뮤니티 Engineering Plastics’ plans to invest over 300 billion KRW by 2026 to construct the Korea’s largest single compounding plant, with an annual production capacity of 500,000 tons, at the Yulchon Industrial Complex in Jeollanam-do Province. It is planned to commence operation in the second half of 2025 following the groundbreaking in April, with future plans to expand production capacity up to 700,000 tons.

The existing plants in Asan and Yesan in Chungcheongnam-do Province will continue to produce functional special compound materials for automotive and electrical/electronic applications, such as LFT and TPO. The newly established Yulchon plant will produce compounding materials like ABS and PC for home appliances such as TVs and refrigerators, as well as IT devices like smartphones and laptops, enhancing its portfolio diversification and strengthening its specialty business.

Lee Hun Ki, President & CEO of 토토 커뮤니티 Chemical, stated, “The change to the name 토토 커뮤니티 Engineering Plastics will serve as a turning point for our growth as a specialty material company within the 토토 커뮤니티 Chemical Group.” “Through ongoing investment and diversification of portfolio, we aim to become the world’s No. 1 advanced functional materials producer.”