SOUTH KOREA COATINGS INDUSTRY CHANGES LITTLE IN 2012, PREPARES FOR STRICTER REGULATION IN 2013

SOUTH Korea’s paint and coatings sector displayed sturdy stability in 2012, weathering an ongoing global economic slowdown that has affected growth rates in Asia, as well as Europe and north America. However the industry is worried about a new environmental law that has been inspired by the European Union’s (EU) REACH legislation.South Korea’s parliament on April 30 passed new chemical control legislation modelled on the European Union’s REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) system. The newly enacted law is called ...


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