21 MAY 2015finance.yahoo.com
Malaysia's Press Metal smelting plant catches fire
Edited by : AL CIRCLE
1 min read
A smelting plant of Malaysia's biggest aluminium maker, Press Metal Bhd, in Borneo caught fire last Sunday, the company said late on Tuesday.
The company said it was unable to ascertain the cause of the fire or estimate its full impact, and that the incident did not cause any harm to any persons or any known uncontrolled emissions.
The plant, which produces aluminium products, belongs to the company's 80-percent owned unit Press Metal Bintulu Sdn Bhd.
Press Metal said preliminary estimates showed the impact on its earnings was not expected to be "substantial" and would be mitigated as it is adequately insured.
The company said it was unable to ascertain the cause of the fire or estimate its full impact, and that the incident did not cause any harm to any persons or any known uncontrolled emissions.
The plant, which produces aluminium products, belongs to the company's 80-percent owned unit Press Metal Bintulu Sdn Bhd.
Press Metal said preliminary estimates showed the impact on its earnings was not expected to be "substantial" and would be mitigated as it is adequately insured.
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
South32 arrives with focus on yield
Next articleMichael Köhler appointed vice president of Reed Exhibitions USA
Grow with
AL Circle
