LG plans $107M investment in environmental safety

LG's decision to improve its environmental safety program comes after rival Samsung Electronics suffered a toxic acid leak at its main chip production plant earlier this month.

LG Electronics plans to spend 120 billion won (US$107.8 million) to boost its environmental safety program by 2015.

According to a report by Yonhap News Agency Monday, the South Korean electronics giant was looking to beef up areas such as chemical spill prevention. It also wants to expand the number of chemical experts in its ranks and improve its fire protection system as part of its investment, it added.

The decision to improve its environmental safety program came after another South Korean company had a toxic acid leak in its factory earlier in May, the report noted.

Samsung Electronics had to contend with a hydroflouric acid leak at its main chip plant in Hwaseong earlier this month when workers were upgrading parts of an existing facility, which injured three workers. In January 2013, about 10 liters of diluted hydroflouric acid leaked at the same plant leaving four injured and one dead .




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