LG chairman apologises over gas leak, fire

LG Group chairman Koo Gwang-mo apologised Wednesday over two fatal accidents at LG Chem facilities in the past two weeks, reports said, including a gas leak in India that killed 12 people.

LG Group is the fourth-biggest of the chaebols, the family-controlled conglomerates that dominate business in South Korea, the world's 12th-largest economy.

LG Chem, the group's key subsidiary and South Korea's largest chemical company, is reeling from the deadly gas leak at its LG Polymers India subsidiary, which left 12 residents dead and saw more than 1,000 hospitalised.