Local companies to help their suppliers follow chemical rulesFive local companies, Renault Samsung Motors, SK Hynix, Hanwha L&C, LG Household and Care and Hanjin Group, gathered yesterday for the start of a program in which they share technology and skilled staff with their suppliers to help them follow new chemical regulations.
The Ministry of Industry and the Ministry of Environment hosted the program to prepare the 32 suppliers of Renault Samsung and SK Hynix for revised chemical management regulations and to help 37 suppliers of Hanwha, LG and Hanjin create a system to estimate their carbon footprint and increase their energy efficiency.
Starting in January, companies will be required to report chemical substances that they manufacture or import more than 1 ton worth annually to the Environment Ministry. This includes checking their chemical processing facilities each week and hiring chemical safety professionals.
Since most suppliers are small and midsize companies that lack the budget to hire safety and chemical professionals, the ministries wanted to put more responsibility on the conglomerates to follow the regulations. The changes were decided on after several chemical spills last year.