Brief: Metex Updates On Resumption Of Activity At The Amiens Plant
01/06/2021 08:41
June 1 (Reuters) - METABOLIC EXPLORER SA METEX.PA :
* OUTLINES PROSPECTS FOR BUSINESS RECOVERY FOLLOWING EVENT
ON MAY
21 AT ITS AMINO ACID PRODUCTION SITE IN AMIENS, RECENTLY
ACQUIRED FROM JAPANESE AJINOMOTO GROUP
* RUPTURE OF INSPECTION HATCH OF A STORAGE TANK CONTAINING
AROUND
170 M3 OF HYDROCHLORIC ACID ON FRIDAY MAY 21(ST) AROUND 1 P.M.
* ON MAY 26TH ANNOUNCED SHUTDOWN OF PRODUCTION FOR SEVERAL
DAYS
* ASSESSMENT WILL BE COMPLETED FRIDAY JUNE 4(TH) LATEST
* DECIDED TO STOP USING EXISTING HYDROCHLORIC ACID STORAGE
FACILITIES, INCLUDING 2(ND) TWIN TANK OF ONE DAMAGED ON MAY
21(ST)
* DECIDED TO RETHINK WITH ENGINEERING FIRMS HYDROCHLORIC
ACID
STORAGE AREA
* DECIDED TO GRADUALLY RESTART PRODUCTION NOT IMMEDIATELY
REQUIRING HYDROCHLORIC ACID AS OF JUNE 7(TH) , PROVIDED THAT
SOIL SURVEY ALLOWS IT
* TO IMPLEMENT TEMPORARY SOLUTION FOR LIMITED STORAGE OF
HYDROCHLORIC ACID IN COMPLIANCE WITH SAFETY RULES, TO BE
OPERATIONAL WEEK OF JUNE 7
* SUBSIDIARY'S NET CASH POSITION AT END OF APRIL 2021 WAS
19.1
MILLION EUROS, ENABLING IT TO COPE WITH THIS EVENT
* WILL CONTINUE TO MAINTAIN CONSTRUCTIVE DIALOGUE WITH
AUTHORITIES
TO ALLOW PLANT TO RESUME NORMAL ACTIVITY AS SOON AS SAFETY
CONDITIONS ARE MET
Source text for Eikon: ID:nACT69482
Further company coverage: METEX.PA
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