13-06-2017 15:22 via insuranceinsider.com

Market faces $500mn Huntsman loss

The property fac market is facing a potential $500mn loss
following a fire at US chemical corporation Huntsman's titanium
dioxide manufacturing facility in Finland, according to sister
publication Inside FAC.
Operations at the plant in Pori were halted after the fire broke
out on 30 January.
The plant is now running at only 20 percent of its former
capacity, and aims to be fully operational around year-end
2018.
In the first quarter Huntsman recorded a loss of $32mn for the...
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