Asia
Nippon Dynawave Packaging Updates on U.S. Facility Tank Collapse Incident
Nippon Paper Industries (TYO:3863) said a chemical tank collapsed at its U.S. subsidiary Nippon Dynawave Packaging's Washington State facility on May 26, with the cause currently under investigation by authorities.As of May 28 local time, the accident has resulted in eight confirmed deaths, three missing persons, and eight injured, while search efforts continue in coordination with local police and fire authorities under the Incident Command System, according to a Tokyo bourse filing on Friday.Damage includes one chemical tank, and the environmental impact, as well as effects on production, shipments, and financial performance, are still being assessed.
TYO:3863
