Printed from BusinessInsurance.com

Chemical firms suffers over $7 million damage from factory fire

Posted On: May. 21, 2021 10:03 AM CST

A fire at Taiwan-based Standard Chemical & Pharmaceutical Co. Ltd.’s subsidiary in Tainan City on May 20 caused an estimated 200 million Taiwanese dollar ($7.2 million) in property losses, Focus Taiwan reported. The subsidiary Syn-Tech Chem & Pharm Co. Ltd. is also facing a fine of TWD825,000 from the city government for causing environmental pollution, as high pollutant emissions from the factory fire affected the air quality in Hsinying and Houbi districts in Tainan and neighboring Chiayi County.

Read more.