NZPA | Monday October 20 2008 – 06:54pm
Resin and chemical maker Nuplex Industries Ltd said a fire on Friday at a plant in Vietnam caused about $US2 ($NZ3.31) million of damage.
The company said it is fully insured. The plant in Bien Hoa in Dong Nai province was evacuated and no staff were injured.
The cause of the fire is being investigated and is not being treated as suspicious. It occurred during a transfer of raw materials from bulk storage to a bulk container.
Raw material pumps, a maintenance shed, the masterbatch manufacturing facility and some inventory were damaged.
The plant’s capacity will be constrained by the loss of support equipment for up to three months.
“It is anticipated that masterbatch production will return to full capacity within six months,” the company said.