IVL Reports a Normal Operation without Injury after Fire Incident at Warehouse in Spain
IVL has reported that the fire accident on June 25, 2019, has been brought under control without any injury and the damage is covered by insurance.
Indorama Ventures Public Company Limited (IVL) has informed that on June 25, 2019 at 15:30 (local time) a fire accident occurred at the PTA/ IPA finished product warehouse of Indorama Ventures Quimica S.L.U at San Roque in Spain.
Later, the fire has been brought under control. All employees are safe and the production lines are operating normally. An assessment of damage and its cause is being carried out and there will be no disruption in business except for minor interruption in supplies of bagged material. The likely impact is not expected to be material to IVL and the property damaged including stocks is adequately covered under insurance.