South Korea: FM Global has approved LG Hausys’ phenolic foam as fire-protective by global standards. The US-based mutual insurance company granted Factory Mutual Approval on criteria testing fire-resistance for ceiling boards and wall panels for the insulation product, according to the Korea Herald newspaper. LG Hausys started producing phenolic foam insulation board in 2013. In May 2018 it opened a second production line at its Cheongju plant in North Chungcheong Province. A third production line is scheduled to be completed by early 2020.
