10 July 2016 - 09:28
  • News Code: 264567
Insurance Co. to Make Up Fire Damage on Petchem Facility

TEHRAN, July 10 (Shana) – Director of the Fire Insurance Department of the Iran Insurance Company Mohammad Rezaie on Sunday put damage on the 2001C storage tank and the paraxylene tower of Bou Ali Sina Petrochemical Plant as a result of fire at 60 million euros and said his office will make up the losses.

Rezaie said the damage will soon be compensated once the reports on the scale of damage are complete.

He said on an order by Iran Insurance Company managing director, the insurance experts showed up in the site of the incident to find out scale of damage.

He cited the cause of the incident as technical and said the damage caused by the fire is unprecedented in history of Iranian petrochemical industry.


News Code 264567

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