Fire kills one at Shasuns Cuddalore plant

By Venkatachari Jagannathan | 03 Jul 2002

1
Chennai: A major fire accident at the Cuddalore plant of Shasun Chemicals and Drugs has resulted in one death, while destroying the entire stock of Ranitidine and Nizatidine (both anti-ulcerant bulk) in one packing section. The accident happened on 2 July 2002.

"One contract worker lost his life. The plant has been temporarily shut down," says Shasun Chemicals director (finance) S Vimal Kumar. "An official team has been sent to Cuddalore to assess the extent of damages to the stock as well as to the plant. We have insured the stock with New India Assurance Company. It will take at least two days to know the exact damage. Production will resume after the assessment."

Though the Ranitidine line has been running at 75 per cent of the capacity, Kumar says there will be little impact on the operations. Shasun Chemicals exports the anti-ulcerant in direct compressible grade to Glaxo Wellcome, Singapore.

The plant is the only US Food and Drug Administration-inspected and -approved facility for Nizatidine in India

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers