ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

BASFY BASF SE (QX)

13.04
-0.085 (-0.65%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BASF SE (QX) USOTC:BASFY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.085 -0.65% 13.04 12.91 13.19 13.20 13.03 13.17 58,415 21:03:38

Blast at BASF Plant Kills One, Injures at Least Six

17/10/2016 5:21pm

Dow Jones News


BASF (QX) (USOTC:BASFY)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more BASF (QX) Charts.
By Monica Houston-Waesch 

FRANKFURT-- BASF SE said one person was confirmed dead, at least six were seriously injured and another six were missing after an explosion and resulting fires at its Ludwigshafen plant complex on Monday, prompting the chemical company to power down 14 facilities there.

BASF said the cause of the blast was unknown, but that it took place at 0920 GMT during work on a pipeline system at the factory complex in Ludwigshafen, the company's headquarters. Firefighters remain at the scene working to douse the flames, BASF and city officials said at a press briefing.

"There is visible smoke. Residents in the affected areas of Ludwigshafen and Mannheim have been asked to stay indoors and to keep doors and windows shut," BASF said.

"We deeply regret that one employee has died and several others are injured. Our sympathies are with the victims and their families," BASF's Ludwigshafen factory director Uwe Liebelt said.

Earlier, BASF said it was powering down its steamcracker, and at the briefing Mr. Liebelt said 14 facilities were shut down "for safety reasons."

A BASF spokeswoman later said both of the complex's cracker facilities, the starting point for production lines of various products, were shut down. It remains unclear if the cracker operations and productions lines can be restarted on Tuesday, she said.

"We hope that we can finish putting out the fires this evening so that we can resolve the uncertainty regarding the missing employees," Peter Friedrich, Ludwigshafen's fire chief said.

BASF shares close down 1.2% at EUR78.28 ($85.86).

Write to Monica Houston-Waesch at nikki.houston@wsj.com

 

(END) Dow Jones Newswires

October 17, 2016 12:06 ET (16:06 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

1 Year BASF (QX) Chart

1 Year BASF (QX) Chart

1 Month BASF (QX) Chart

1 Month BASF (QX) Chart

Your Recent History

Delayed Upgrade Clock