Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP NEWS AGENCY) = In the last five years, all of Korea’s top 10 companies have been punished for violating the Chemical Substances Control Act(Chemical Control Act). However, as the Ministry of Environment is promoting the relaxation of chemical regulations, it raises the issue that the Ministry’s chemical regulation relaxation is nothing more than a ‘big business favor’.

According to data submitted by National Assembly Democratic Party lawmaker Noh Woong-rae from the Ministry of Environment, the total number of Chemical Substances Control Act violations by the top 10 domestic companies from 2019 to September 2023 was 86.

Among the top 10 domestic companies in Korea(Samsung, SK, Hyundai Motor, LG, Lotte, POSCO, Hanwha, GS, HD Hyundai, and Nonghyup), LG had the highest number of Chemical Substances Control Act violations at 20, followed by Hanwha with 16, Lotte with 14, SK with 10, and Samsung with 7.

These companies were given punishment ranging from warnings to improvement orders, fines, and accusations due to their violation of the law.

In the case of LG, it received five warnings, eight improvement orders, seven fines, and five accusations. At the LG Display factory in Paju, Gyeonggi Province, a chemical leak occurred in January 2021, resulting in six serious and minor injuries, and two months later, one of them died.

By Soon-ki Lee(s8789@nspna.com) and Bok-hyun Lee(bhlee2016@nspna.com)

ⓒNSP News Agency·NSP TV. All rights reserved.