Manali Petrochemicals Limited Shut Downs Plant 1 and Plant 2 Manufacturing Facilities At Manali Effective December 4, 2023 Due to Cyclone Michaung
December 06, 2023 at 03:49 am EST
Manali Petrochemicals Limited informed that due to recent "Cyclone Michaung", heavy rains, power disruptions and other resultant & consequential factors, its plant premises at Manali location in Chennai have been flooded and accordingly, the company has shut down its Plant 1 and Plant 2 manufacturing facilities at Manali effective December 4, 2023. The company is taking necessary measures in coordination with relevant team/authority(ies) to bring the
normalcy situation and to resume the operations in a phased manner, subject to receding of water level, resumption of normalcy in power supply, material movements etc. At this juncture, the company is unable to quantify the impact of this disruption. Necessary steps have been taken with Insurance Companies.