Malaysia's Petronas Chemicals' silo catches fire
[KUALA LUMPUR] Malaysia's Petronas Chemicals Group Bhd said on Tuesday that a fire occurred at one of its silos or intermediate product storage vessels at its plant in the northern state of Terengganu.
The incident happened at 0900 GMT at its unit called Petronas Chemicals LDPE Sdn Bhd, according to a press statement. There are no casualties or injuries reported, the company added.
"The incident is confined to Petronas Chemicals LDPE and there is no impact to production at other Petronas Chemicals Group plants in Kertih, Terengganu," it said.
Shares of Petronas Chemicals, the chemical arm of Malaysia's state oil firm Petroliam Nasional Bhd, closed 0.16 per cent higher at RM6.10 per share on Tuesday.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
China’s push for greener aluminium hit by erratic rains, power cuts
Philippines says US, China eyeing mining opportunities, especially in nickel
Gold set for best week in five on renewed US rate-cut hopes
Biden determined to keep US Steel in US hands: White House
Oil holds near one-week high on rising demand hopes after China, US data
India projects biggest power shortfall in 14 years