El Dorado Chemical says it will soon resume operations after last month’s explosion at its plant in south Arkansas.
No one was hurt in the May 15 blast at the plant, which produces chemicals for farming and industrial uses. The El Dorado News-Times reports the company plans to partially restart the production of nitric acid and ammonium nitrate in the next month.
It will gradually increase production over the next 90 days.
El Dorado Chemical says its insurance policy requires it to pay a $1 million deductible and wait 30 days to reopen.
The reactor explosion happened at the facility’s concentrated nitric acid plant, which officials say is too damaged to repair. The company’s general manager says no employees have been laid off because of the blast.
Oklahoma Schools Destroyed by Tornado Lacked ‘Safe Rooms’
Connecticut Court Rules That Lawyers Can’t Be Sued for Fraud
Wage and Hour Claims Among Top Threats to U.S. Employers
Cyber Attacks On Banks More Serious Than Public Realizes
E&O Insights: Restaurant and Tavern Risks
CEA’s First CIO Reflects C-Suite Trend
Golf and Country Clubs Weather the Storm
Midwest AGs Go After Storm-Chasing Roofing Companies
Sign up to receive insurance news alerts!
