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Several injured, some missing after blasts at two BASF chemical plants

Oct. 17, 2016 10:02 AM ETBASF SE (BASFY) StockBASFYBy: Carl Surran, SA News Editor
  • Several people have been injured and some are missing after explosions at two German chemical plants owned by BASF (OTCQX:BASFY -0.7%), which forced the company to shut down some production facilities.
  • BASF says there was an explosion and a fire broke during work on pipelines in the north harbor area of its Ludwigshafen site, which is the world's largest chemical complex, covering an area of 10 sq. km and employing 39K workers.
  • BASF also is investigating the cause of an explosion at its Lampertheim facility, which makes additives for plastics.

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