The Act on the Registration and Evaluation of Chemicals (AREC), also known as K-REACH was passed on 30th April 2013 and is scheduled to be implemented on 1st January 2015.
This new Act is designed to closely mirror the European REACH legislation and will eventually replace the current Toxic Chemicals Control Act (TCCA), regulating both new and existing substances.
K-REACH requires manufacturers, importers and sellers to report information about substances to the South Korean Ministry of Environment (MOE). The tonnage limit for reporting existing substances is 1 tonne/year or more, but there is no limit for new substances. Foreign manufacturers and exporters will be required to observe K-REACH through appointment of a local representative who must carry out various concepts of the Act on behalf of the foreign manufacturer or exporter.