IVL Closes Flat at ฿27.50 after a Fire Incident in the U.S. Site with No Material Impact

Indorama Ventures Public Company Limited (IVL) has reported that there has been a transformer explosion at the site of a utility company at Port Neches, Texas USA.

 

IVL stated that all of its people were safe and there was no material impact to any of the sites due to this event. Limited part of IVL’s Integrated Oxides and Derivatives (IOD) site tripped with the grid and expected to resume full operation within the next 48 hours.

The share price of IVL closed flat at ฿27.50/share, with a trading value of 798 million baht.