Fire broke out at one of the raw material storage rooms of Akzo Nobel India’s Mohali factory. The standalone fire was controlled and contained quickly by the efforts of the Punjab and Chandigarh Fire Services and the company's security staff. Except for the Storage room, rest of the factory building is not damaged. The cause of the fire is being determined.
Further, there was no injuries consequent to this fire. The facility is adequately insured and no significant loss in revenue is expected.
Akzo Nobel India (formerly ICI India) is engaged in manufacturing and marketing of paints, speciality chemicals, adhesives and starch. The company's origin goes way back in 1926 when Brunner Mond & Co, one of the four companies was combined to form ICI in UK. This company operated as a trading office in Calcutta to sell alkalis and dyes.
