A minor fire incident took place at 2 pm on April 5, 2015 in one of the reactors in Coromandel International's Plant at Sarigam. The fire was immediately put-off. Ten persons were injured in the incident and were admitted to hospital. While 5 persons were undergoing treatment for burn injuries the remaining 5 persons who suffered minor injuries have been treated as outpatients and discharged immediately.
Due to the fire incident the plant operations were shut for short duration as a precautionary measure and the reactor involved in the incident has been isolated. Thereafter, the operations have resumed at the Plant on the same day. This incident is not expected to have any material impact on the operations of the Unit and the Company.
Coromandel International is the country’s second-largest phosphatic fertilizer player. Its crop protection business produces insecticides, fungicides and herbicides and markets these products in India and across the globe. The firm has also ventured into the retail business, setting up more than 640 rural retail centres in Andhra Pradesh and Karnataka.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 1880.60 |
| National Fertilizers | 76.88 |
| RCF | 126.95 |
| Chambal Fert & Chem | 454.75 |
| Paradeep Phosphates | 122.80 |
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