K.K. Birla Group Company Temporarily Closed

Wednesday, 31 August 2011, 07:20 Hrs
Printer Print Email Email
Panaji: Zuari Industries limited (ZIL), a K.K. Birla group company in Goa, has been temporarily shut due to a shortage of naphtha, a raw material needed to manufacture agricultural fertilisers, a company spokesperson said.

The temporary shutdown follows a major accident last week in which leaked naphtha caused a major fire in the port town of Vasco, 30 km from here, resulting in the death of three people trapped in the fire.

"We had to take the decision as there is no supply of naphtha," ZIL spokesperson Anand Rajadhyaksha said.

ZIL has an annual turnover of over 2,000 crore and manufactures fertilisers and agricultural inputs.

Goa's disaster management authority (DMA) had ordered the closure of the pipeline ferrying naphtha from the Mormugao Port Trust (MPT) to ZIL after the accident, which happened when leaked gas came in contact with high tension power cables passing overhead.
Source: IANS
SPOTLIGHT
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..