Archive for ‘evacuation’

07/05/2020

Gas leak at S.Korea-owned factory in India kills 11, hundreds hospitalised

CHENNAI (Reuters) – At least 11 people were killed in India in a gas leak at a South Korean-owned factory making polystyrene products that made hundreds of people sick and led to the evacuation of villagers living nearby, officials said.

The accident occurred some 14 km (9 miles) inland from the east coast city of Visakhapatnam, in Andhra Pradesh state, at a plant operated by LG Polymers, a unit of South Korea’s biggest petrochemical maker, LG Chem Ltd.

Srijana Gummalla, commissioner of the Greater Visakhapatnam Municipal Corporation, said gas from styrene, a principal raw materials at the plant, leaked during the early hours of the morning, when families in the surrounding villages were asleep.

Yashwanth Saikumar Ambati, 23, who lives about 300 metres away from the plant, said he woke up around 4.30 a.m. because of a strong smell.

“I went back to sleep and I woke up around 6 because the smell got stronger. My eyes were itchy, and I was feeling drowsy, light-headed and slightly breathless,” he told Reuters, adding that neighbours also complained of eye irritation and stomach aches.

In a statement issued from Seoul, LG Chem said that the gas emitted in the leak can cause nausea and dizziness when inhaled, adding that it was seeking to ensure casualties received treatment quickly.

Video from Reuters partner ANI shot later on Thursday showed emergency workers in the area rushing to help victims, some of whom appeared to be listless and disoriented.

A number of victims lay unconscious on the streetside, as volunteers fanned them and others carried them to ambulances.

A spokesman for LG Chem in Seoul said the leak was discovered by a night shift maintenance worker and has been brought under control.

According to both the company spokesman and Gummalla, the plant was being reopened after India relaxed a nationwide lockdown that had been imposed on March 25 to contain the spread of the new coronavirus.

Thursday’s incident brought back bad memories of a gas leak at an factory of U.S. chemical firm Union Carbide that killed thousands in the central Indian city of Bhopal in 1984, but thankfully it was on a far smaller scale.

“I pray for everyone’s safety and well-being in Visakhapatnam,” Prime Minister Narendra Modi said in a tweet.

S.N. Pradhan, director general of the National Disaster Response Force, said that at least 11 had died after around 1,000 people living near the plant were exposed to the gas.

FALLING, RUNNING AWAY

B.V. Rani, a revenue official in the district, said she received a call at around 4 a.m. from a police officer near the facility, who sounded panicky. “He asked me to come to the spot immediately,” Rani told Reuters.

When Rani went there, she saw that people had collapsed unconscious in the village adjoining the 60-acre site of the plant.

“I personally helped more than 15 people get to an ambulance who had tried to run away from the village but dropped down within a few metres,” she said.

At least one child was among the dead, a policeman at the site told ANI, whose video showed at least two other children being lifted into an ambulance.

Between 300-400 people were hospitalised, Swarupa Rani, an Assistant Commissioner of Police in Visakhapatnam told Reuters. Another 1,500 people had been evacuated, mostly from a neighbouring village.

Areas within approximately 3-kilometre (nearly 2-mile) radius of the plant were evacuated, he said, with emergency services going from door-to-door to find anyone left behind.

TOP PETROCHEMICAL MAKER

Andhra Pradesh Chief Minister Jagan Mohan Reddy said in a televised address that the gas leak occurred because raw material was stored for a long period of time.

The state government will give 10 million rupees ($131,900) compensation to the families to those who died, and it will also form a panel to investigate the cause of the accident, said P.V. Ramesh, a senior aide to the chief minister.

“Obviously something has gone wrong,” Ramesh told Reuters. “Nobody will be spared.”

LG Chem’s share priced closed nearly 2% weaker on Thursday, in a Seoul market that was broadly flat.

South Korea’s top petrochemical maker by capacity, LG Chem acquired the plant in 1997 and established LG Polymers India Private Limited (LGPI), according to a company website.

The LG Polymers plant makes polystyrene products which are used in manufacturing electric fan blades, cups and cutlery and containers for cosmetic products such as make up.

“LG Polymers is a multi national, reputed company, and it is sad that the incident has happened in their plant,” Chief Minister Reddy said in a televised media address.

($1 = 75.8140 Indian rupees)

Source: Reuters

07/02/2020

Coronavirus outbreak likely to hit Hong Kong, Thailand economies the hardest in Asia

  • Hong Kong and Thailand are likely to suffer most from the novel coronavirus outbreak because of close their economic ties with China
  • A drop in Chinese tourist arrivals and imports, as well as supply chain disruptions are likely to weigh on regional economy
Thailand’s economy could be one of the most affected by the coronavirus outbreak due to its close ties with China, especially in the tourism sector. Photo: Bloomberg
Thailand’s economy could be one of the most affected by the coronavirus outbreak due to its close ties with China, especially in the tourism sector. Photo: Bloomberg

Hong Kong and Thailand are likely to be the hardest hit Asian economies outside mainland China from the deadly coronavirus outbreak, according to analysts.

The 2019-nCoV, which had claimed the lives of nearly 640 people and infected more than 31,000 in mainland China by Friday, is viewed as even more damaging than the severe acute respiratory syndrome (Sars) epidemic in 2002-2003 because of prolonged factory closures and transport restrictions that have locked down many Chinese cities.

China has become more closely integrated with the rest of Asia since the Sars outbreak, meaning the disruptions to China’s industrial and export sectors, combined with a sharp drop in economic activity in the first quarter, will have significant repercussions across the region, particularly through tourism and trade, analysts said.

“A collapse in tourism arrivals from China will be the first shock wave for the rest of the region,” said Gareth Leather, senior Asia economist at Capital Economics. “Factory closures in China will affect the rest of the region by disrupting regional supply chains.”

A collapse in tourism arrivals from China will be the first shock wave for the rest of the region. Factory closures in China will affect the rest of the region by disrupting regional supply chainsGareth Leather

Hong Kong would likely be the most affected because of its status as a trade hub, its tight linkages to the Chinese economy and the sharp decline in tourism expenditure that is expected, UBS economist William Deng noted.

“Due to the risk of infection, domestic households significantly reduced such activities as dining out, shopping and entertainment,” Deng wrote in a recent note. He cut Hong Kong’s gross domestic product (GDP) growth forecast to minus 1.8 per cent for 2020, against his previous projection of a 0.5 per cent drop.

A community outbreak spread by human-to-human transmission has started in the city, said Professor Yuen Kwok-yung, a top microbiologist at the University of Hong Kong on Wednesday.

Thailand could be the next most affected due to its dependence on Chinese tourism. Outside Hong Kong and Macau, the country has the highest exposure to China as a share of GDP in the region.

China locks down Hangzhou, mega-city far from epicentre of coronavirus outbreak

ANZ Bank’s head of Asia research Khoon Goh said that the novel coronavirus could knock US$760 million from Thailand’s economy in the first quarter. Hong Kong could could see losses of US$1.4 billion. Travel services as a share of GDP were 11.2 per cent in Thailand and 9.4 per cent in Hong Kong.

“The Thai economy would expand at a slower rate in 2020 than previously forecast and much further below its potential due to the outbreak of coronavirus,” Bank of Thailand said in a statement after it slashed interest rates to a record low on Wednesday.

South Korean and Taiwanese businesses will also have negative spillover effects from the coronavirus outbreak because of supply chain disruptions and weaker consumer sentiment inside and outside China, analysts said.

South Korean car and tech companies that rely on parts from Chinese suppliers are exposed to potential production disruptions stemming from factory closures and the evacuation of Korean workers from China-based production lines, said Sean Hwang, corporate finance group analyst at Moody’s Investors Group.

Coronavirus: here are the places and airlines restricting travel to China
For instance, Hyundai Motor Company closed some if its South Korea-based plants on February 4 because of a shortage of wiring harnesses.
Korean customers are also limiting their trips to bricks-and-mortar retail stores such as E Mart and Lotte Shopping to avoid crowds amid the outbreak, potentially leading to a significant decline in revenue and earnings, Hwang said.
Although Singapore is not as closely tied to China as Hong Kong, the city state could still see a knock-on effect from China’s expected near-term downturn, as its economy has become much more integrated with the world’s second largest economy since the Sars outbreak.
The number of Chinese tourists rose six times from 568,000 in 2003 to 3.4 million in 2018, said Irvin Seah, senior economist at DBS Bank.
Coronavirus outbreak: global businesses shut down operations in China
“We expect a decline of about 1 million tourists or about SGD1 billion (US$722 million) of lost tourism receipts for every three months of travel ban,” Seah said. “We have lowered our full-year GDP growth forecast to 0.9 per cent, down from 1.4 per cent previously.”
Taiwan has banned Chinese visitors as well as foreigners who have visited Hong Kong and Macau from entering the island due the coronavirus. International cruise ships are also unable to dock on the island, which will lead to at least 112 liner visits cancelled by the end of March, affecting around 144,000 passengers, said the Taiwan International Ports Corporation.
Capital Economics’ Leather said the economic impact on Taiwan from 2019-nCoV could stand out from the rest of Asia, as it had the most exposure in value-added, intermediate exports to China – 18 per cent of GDP.
20 coronavirus infections confirmed on cruise ship in Japan, as thousands remain under quarantine
Elsewhere, Malaysia’s commodity driven trade growth this year has been threatened by the almost 20 per cent fall in crude oil prices, a decline triggered by fears that the coronavirus outbreak would dampen China’s imports. Malaysia’s purchasing managers’ index, a survey of manufacturers, dropped to 48.8 in January from 50.0 the prior month prior, data released this week showed. The drop was blamed on slowing output, with new orders dropping the most since September amid a decline in exports.
“The Bank Negara Malaysia’s surprising policy rate cut at the last meeting on 22 January, just around the time the coronavirus started to dominate headlines, tells us that the central bank is ahead of the curve in recognising the risk,” said Prakash Sakpal, Asia economist at ING Bank said.
India and Indonesia will be the least affected given the small contribution the tourism sector makes to their economies, and the low share of visitors from China, ANZ’s Goh said.
Source: SCMP
30/09/2019

Floods kill 113 in north India in late monsoon burst, jail, hospital submerged

LUCKNOW, India (Reuters) – Heavy rains have killed at least 113 people in India’s Uttar Pradesh and Bihar states over the past three days, officials said on Monday, as flood waters swamped a major city, inundated hospital wards and forced the evacuation of inmates from a jail.

India’s monsoon season that begins in June usually starts to retreat by early September, but heavy rains have continued across parts of the country this year, triggering floods.

An official said that at least 93 people had died in most populous Uttar Pradesh since Friday after its eastern areas were lashed by intense monsoon showers.

Rising water levels forced authorities to shift 900 inmates from a prison in eastern Ballia district, police officer Santosh Verma said.

In neighbouring Bihar, an impoverished agrarian region that was hit by floods earlier this year, the death toll from the latest bout of rain had reached 20 on Monday, a state government official said.

Bihar’s capital city of Patna, home to around 2 million, has been badly hit, with waist-deep flood waters across many streets, and entering homes, shops, and even the wards of a major hospital. In some parts, authorities deployed boats to rescue residents.

“The rains have stopped but there is waterlogging in many areas,” Bihar’s Additional Secretary in the Disaster Relief Department Amod Kumar Sharan said.

In its bulletin on Monday, India’s Meteorological Department said the intensity of rainfall over Bihar was very likely to reduce. Showers in Uttar Pradesh are also expected to abate this week.

Weather department officials said this month that monsoon rains were likely to be above average for the first time in six years. [nL3N26B1MD]

Source: Reuters

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India