LG Polymers India, the company that owns and operates the chemical plant in Visakhapatnam (Andhra Pradesh) from where poisonous gas leaked on Thursday killing several locals, is no stranger to controversies.
Set up in December 1996, weeks before Korean major LG Electronics entered India, the plant has been at the centre of legal battles since its association with the $23 billion LG Chem.
Originally set up as Hindustan Polymers in 1961, the manufacturing unit landed up in liquor major UB Group’s McDowell’s lap in 1978. As South Korea’s LG Group geared up to establish its footprint in India’s consumer durables