Authorities have doubled the evacuation area around the factory in Andhra Pradesh to a 5km radius. FMTNews
Children receiving treatment at a hospital following the chemical gas leak in Vishakhapatnam.
A copy of the police complaint filed against the management of LG Chem’s subsidiary LG Polymers, viewed by Reuters, cited several counts of negligence and culpable homicide. “LG Chem has asked the police to evacuate residents as a precautionary measure as there are concerns that tank temperatures would rise,” South Korea’s biggest petrochemical maker said in a statement. “We are taking necessary measures, including putting water into the tank.”
LG Chem shares fell as much as 2.4% in early trade on Friday, before regaining some ground to be down 0.6% against the broader South Korea market’s 1% gain. The stock lost nearly 2% on Thursday.
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