News from Notch Consulting, Inc.

June 11, 2010

Statement from Himadri Regarding Haripal Plant

Filed under: Carbon Black, General — Notch @ 10:00 am

A spokesperson for Himadri Chemicals & Industries has provided the following statement regarding the incident that occurred at its Haripal plant in Hooghly District, India earlier this week. The statement is provided in its entirety.

With reference to incorrect reports in media about our plant, I want to share correct facts and also assure [customers] that our plant at Mahestikri is fully operational and there is no stoppage of production.

Our plant is fully automatic controlled unit and has self built controls for any malfunctioning. The plant at Haripal in Maheshtikri is a coal tar distillation unit and the process does not use any acid or any harmful material as a raw material or as a catalyst. The plant is in compliance to requirements of local laws and also meeting standards set by IFC, Washington who conduct regular compliance audits.

One of the burners had malfunctioned and emissioned small quantity of black ash aerosol which is completely non-hazardous and harmless to any plant and living species. This was automatically controlled by the inbuilt system in the process. Some people with malafide intensions misused this and wanted to extract compensation which we believe was unfair. This led to some agitation and protests by them which ultimately calmed down since it had no proper basis. The media has painted the picture differently as compared to correct facts as above and we can assure you that plant is fully operational.

Let me assure that dispatches to our valued customers will continue as per plan and you should not have any worry on this front.

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