Nippon Paper Industries Co.,Ltd. [3863.T]
TOKYO, May 27 (Pulse News Wire) – Nippon Paper Industries CO.,LTD. (3863.T) reported multiple casualties following a tank collapse at its subsidiary, Japan Dynawave Packaging, located in Washington State, USA.
As of 11 a.m. local time on May 27, several injuries and fatalities had been confirmed. The company extends condolences to the families of those affected and apologizes for any inconvenience caused to stakeholders and the community. The incident occurred around 7 a.m.
Local time on May 26 when a chemical storage tank at the facility collapsed. An investigation into the cause is currently underway. Equipment damage includes the destruction of one chemical storage tank. Further impacts on operations, production, and sales remain under assessment.
The company will continue to monitor the situation and provide updates as more information becomes available.
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