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LG Polymers India set to shift styrene monomer to South Korea

The Korean firm said it has begun the transportation of styrene monomer inventory within the plant as well as the styrene tank at the Visakhapatnam port by vessels to South Korea “to prevent and eliminate all risks factors.”

ET Bureau|
Last Updated: May 15, 2020, 10.53 AM IST
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Reuters
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LG Polymers India
HYDERABAD: LG Polymers India, which saw toxic styrene gas leakage at its factory in Gopalapatnam area of Visakhapatnam in the early hours of last Thursday killing 12 and affecting hundreds, has on Thursday announced the shifting of the styrene monomer back to South Korea.

The Korean firm said it has begun the transportation of styrene monomer inventory within the plant as well as the styrene tank at the Visakhapatnam port by vessels to South Korea “to prevent and eliminate all risks factors.”

The technical experts’ team from the headquarters Seoul has arrived at the India plant in Visakhapatnam and the team of production, environment and safety experts are currently investigating the cause of accident, while supporting responsible rehabilitation, said the company.

LG Polymers said it has evolved a comprehensive care package for recovery. As part of this, it will continue to work with the government agencies to ensure all possible support for the bereaved families and victims. A dedicated healthcare facility Suraksha Hospital was commissioned to take care of all residents’ health check-ups and future treatment.

Apart from setting up a dedicated helpline and emails to respond to the queries of villagers, the company will also soon “set up specialised institutions to conduct surveys on health and environmental impacts and disclose the results transparently.”

The firm said its teams will carry out mid-to-long-term corporate social responsibility projects that contribute to the local community based on suggestions of the residents, while assuring that it will do its best to “resolve the situation and prevent any incident in the future.
(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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