Category

Countries


After the Deadly Gas leak, LG Polymers Ordered to Ship Stored SM Volumes Out of India

After the Deadly Gas leak, LG Polymers Ordered to Ship Stored SM Volumes Out of India

  • 13-May-2020 11:00 AM
  • Journalist: Timothy Greene

South Korean LG Chem’s Indian subsidiary, LG Polymers, was ordered to immediately release its stored Styrene Monomer (SM) volumes out of its Visakhapatnam plant in Andhra Pradesh which recently made headlines due to a toxic Styrene gas leak at its plant that killed 12 people and hospitalized 400 people on 7th of this month. The Andhra Pradesh government wanted to ensure that all the stored cargoes of the key feedstock for the company's 118 KTPA Polystyrene (PS) plant are removed from the site within three to four days starting 11th May. As per the recent interviews by a Visakhapatnam’s district Collector V Vinay Chand, the plant has shipped about 8,000 tonnes of Styrene on Monday and another slot of container vessel will carry the remaining 5,000 in the next couple of days. The decision was taken after National Disaster Management Authority (NDMA) found out that the plant did not meet required safety and technical standards. It is being said that the company may send the chemical back to its parent in South Korea. To investigate into the prime cause of the deadly gas leak, the South Korean giant has sent a team of eight delegates on Wednesday led by its petrochemicals business head. The company is assuring brief support measures to the affected families and schedule a meeting with Indian government officials.

24X7

clock

Track Real Time Prices

Related News

CD Bioparticles Introduces Innovative Range of Functional Polystyrene Particles
  • 28-Nov-2023 1:40 PM
  • Journalist: Kim Chul Son
Unigel Set to Restart Polystyrene Production in Brazil
  • 14-Nov-2023 6:16 PM
  • Journalist: Patrick Knight
Global Polystyrene Market Navigates Stability and Volatility Amid Supply-Demand Challenges
  • 30-Oct-2023 2:39 PM
  • Journalist: Jai Sen
CD Bioparticles Introduces New Range of Polystyrene Particles Coupled with Biomolecules
  • 30-Oct-2023 1:58 PM
  • Journalist: Xiang Hong