On 7 September 2024, the process area of Armacell’s Cheonan ArmaGel Plant suffered a fire followed by an explosion resulting in significant damage to the asset and a stop in all operations. All necessary emergency protocols were activated immediately.
One of our operators was seriously injured. He received immediate medical attention and is recovering in hospital. Our priority is ensuring the safety and well-being of our employees, contractors, and the local community. The situation continues to be monitored and an investigation team has been formed and is on site. Armacell Korea is collaborating with the authorities to determine the cause of this unfortunate event. Safety has always been, and will continue to be, our top priority. While the ArmaGel operations are stopped, Armacell Korea’s elastomeric plant continues to operate normally.
We will provide updates as more information becomes available and we will engage with our ArmaGel customers regarding ongoing supply.