UK's Melrose slides after chemical incident at California plant

Melrose Industries

26/05/2026 08:12

** Shares of Melrose Industries MRON.L down as much as 7.3% to 472.2p

** MRON says, on May 21, thermal issue identified regarding a storage tank containing methyl methacrylate at GKN Aerospace's Garden Grove facility in the U.S.

** Co says action was taken immediately by GKN employees & emergency services notified

** MMA is a chemical used in the manufacture of high-strength aerospace acrylic materials

** As of last close, stock down ~13.39% YTD

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))