“Further, fortuitously there have been no casualty and injury to life. This was doable because of arduous work carried out by our safety crew in co-ordination with native hazard administration facility and totally different neighboring vegetation who extended assist to us, which we’re very grateful for,” the company acknowledged.
The reconstruction of the impacted facilities would possibly take spherical 9 to 12 months to reinstate the plant and restart operations, for which planning work has already been initiated, it added.
The dearth of belongings and enterprise interruption are every adequately lined by insurance coverage protection, and the surveyor has commenced an analysis of the state of affairs, based mostly on the submitting.
The Division of Industrial Safety and Effectively being has issued a preserve order on operations at MPP-3, the warehouse and tank farms, which have been affected in fireside by way of the correspondence obtained on March 6, 2025.
Neogen Chemical substances’ Mahape and Vadodara facilities have been predominantly manufacturing pure chemical merchandise. The Dahej SEZ facility was established in February 2020 for inorganic chemical substances and shortly the potential was added to further scale up the manufacturing of Pure Chemical substances in September 2021.
Inside the interim, the company will shift manufacturing of essential select specialty merchandise to totally different web sites based mostly totally on approval from prospects. “This, blended with the deliberate enlargement in Patancheru plant, will help minimise the affect on earnings going ahead to minimise enterprise disruption. The company has notified all the associated authorities, as per the submitting.
