SG Affiliate 'Easy E&M' Passes Environmental Ministry Emission Standards for the First Time
[Asia Economy Reporter Jang Hyowon] SG announced on the 25th that the environmental equipment of Easy E&M, an environmental equipment specialist company acquired by SG in July last year, passed the 'Specific Air Hazardous Substance Emission Standard TEST' conducted by FITI Testing & Research Institute.
Currently, Easy E&M is the only domestic manufacturer of environmental equipment that meets the Ministry of Environment's 'Specific Air Hazardous Substance Emission Standards.'
The test on the 24th at FITI Testing & Research Institute evaluated the 'Ascon Specific Air Pollution Reduction Device,' which reduces specific hazardous substances (Group 1 carcinogens) such as 'benzene,' 'benzo(a)pyrene,' and 'formaldehyde' emitted from Ascon plants.
This test verifies compliance with the 'Air Environment Conservation Act Enforcement Rules' for specific air pollutant emission limits, which have been enforced by the Ministry of Environment since the 1st of last month.
Ascon plants emit specific air pollutants during the production process, and if emissions exceed the permissible limits, they face business suspension or permit cancellation. In recent years, there have been actual closures due to exceeding specific air hazardous substance emission standards, with Anyang 'A Ascon,' Yangpyeong 'B Ascon,' and Yongin 'C Ascon' being representative cases.
Therefore, the installation of environmental equipment to reduce air pollutant emissions is essential for the Ascon business.
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An SG official stated, "Based on passing the recent FITI TEST and obtaining patent rights, we plan to proactively lead the environmental equipment business targeting Ascon plants nationwide," adding, "Considering approximately 800 Ascon plants domestically, the market size is expected to be about 320 billion KRW for new plant installations and about 25 billion KRW annually for maintenance."
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