Do More With Reuters
Partner Services

India Haldia Petchem shuts naphtha cracker after fire

Fri Jul 3, 2009 9:17am IST
 
Email | Print | | Single Page
[-] Text [+]

SINGAPORE, July 3 (Reuters) - India's Haldia Petrochemicals had shut its 520,000 tonnes per year (tpy) naphtha cracker, following a small fire just after midnight, industry sources said on Friday.

The company is still investigating the cause of the fire, and it was not immediately clear when the unit could restart, one trader said.

The company could not immediately comment on the matter.

"The company can't ascertain how long the shutdown would be, as they are still assessing the situation. The fire happened sometime around midnight. But the fire is under control," the trader added.

This is the second incident at the site, as Haldia had experienced a deadly accident in late May, after it shut the unit down for maintenance, which started on May 8. (Reporting by Seng Li Peng; Editing by Ramthan Hussain)

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

special coverage

Photo
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Sanjay Sinha
Balancing Act

In India, it is a tough choice between growth, managing inflation and financial stability.  Full Article 

 
Nipun Mehta
Road to Recovery

There needs to be an acceptable balance created between education and healthcare and infrastructure spend, says Nipun Mehta of SG Private Banking.   Full Article 

 
Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article