Home / Knowledge / News / Textiles / LCY Chemical's polypropylene plant temporarily shutdown
LCY Chemical's polypropylene plant temporarily shutdown
12
Aug '14
LCY Chemical Corporation’s Dashe plant in Kaohsiung has been temporarily shut down following the July 31 explosions that killed 30 and injured more than 300 other people.
 
The 400,000 tons per year polypropylene plant would remain shut until a competent authority of the Greater Kaohsiung municipality completes its review and approves its safety improvement plan.
 
The Kaohsiung City’s Economic Development Bureau is following the precedent set by the Ministry of Economic Affairs when it ordered the closure of petrochemical plants of the Formosa Plastics Group in 2011.
 
The Bureau said that the pipeline that leaked propylene, which is assumed to have triggered the explosions, was not within the Dashe plant, the pipeline should be considered an extension of the plant and fall under its safety management.
 
Meanwhile, the management of LCY Chemical has said that it would extend full cooperation to the city government in inspection of its production facility and improving the management of the pipelines that supply raw material to its plants.
 
LCY Chemical has four plants in Kaohsiung, and only one of the plants is temporarily shutdown.
 
In a filing to the Taiwan Stock Exchange, the company said it expects to lose NTD 51 million per day in normal polypropylene sales during the temporary shutdown period.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search