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Massive Texas petrochemical tank fire put out

Mar. 20, 2019 11:58 AM ETMitsui & Co., Ltd. (MITSF) Stock, MITSY StockMITSY, MITSFBy: Carl Surran, SA News Editor1 Comment
  • The chemical tank fires that burned for nearly four days and engulfed eight storage tanks at the Intercontinental Terminals Co. plant in Deer Park, Tex., were extinguished overnight, officials say.
  • The blaze at the Mitsui-owned (OTCPK:MITSF, OTCPK:MITSY) site was put out by 3 a.m., but fire crews continue to spray foam and water on the tanks to help keep them cool and prevent the fires from starting again.
  • The fires sent a massive plume of black smoke over Houston, causing concerns about air quality and public health; air quality levels reportedly were at moderate levels this morning.
  • Gasoline prices on the Colonial pipeline, which sends fuel to the U.S. east coast from Houston, were $0.01-$0.02 per gallon higher yesterday from levels before the fire.

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