Fire at Telko's plastics and chemicals warehouse in Kiev

Fire at Telko's plastics and chemicals warehouse in Kiev

ID: 281413

(Thomson Reuters ONE) -


PRESS RELEASE                 Helsinki, July 24, 2013

A fire occurred at the plastics and chemical warehouse of the Aspo Group company
Telko in Kiev, Ukraine in the afternoon of July 23, 2013. The fire was quickly
controlled and extinguished. The fire caused burns to one employee of the
warehouse, who is receiving hospital treatment.

The fire occurred when a tank truck was unloading its cargo. Local authorities
are studying the cause of the fire. The warehouse is owned and managed by an
external service provider. Telko owns the chemicals and plastics raw materials
stored in two separate buildings in the area. A small amount of chemicals and
plastics raw materials and part of the warehouse containing plastics raw
materials were damaged by fire during the accident. The chemicals destroyed were
hydrocarbons, which cause no special hazard to humans or the environment when
they burn.

At the moment, it is estimated that the fire will have no material effect on the
continuity of Telko's operations in Ukraine. Telko has another warehouse
available for its use in Kiev. The economic effect on Telko of the fire and
extinguishing it should remain reasonably minor. Similarly, according to current
estimates, the accident will have no material effect on Aspo's earnings.

For further information, please contact:
Kalle Kettunen, Managing Director, Telko, phone +358 9 521 7201, or +358 9 5211

Telko is an international expert and distributor of plastics raw materials and
industrial chemicals seeking growth, especially in the emerging markets of the
East. In 2012, Telko's net sales were EUR 238 million, and the company employed
265 professionals in 16 countries. Telko is one of Aspo Group's strong corporate
brands. www.telko.com

Aspo is a conglomerate that owns and develops business operations in the




Northern Europe and growth markets focusing on demanding B-to-B customers. Our
strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim
to be the market leaders in their sectors. They are responsible for their own
operations, customer relationships, and the development of these. Together they
generate Aspo's goodwill. Aspo's Group structure and business operations are
continually developed without any predefined schedules.

DISTRIBUTION:
Key media
www.telko.com, www.aspo.com




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Aspo Oyj via Thomson Reuters ONE
[HUG#1718350]




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Bereitgestellt von Benutzer: hugin
Datum: 24.07.2013 - 12:30 Uhr
Sprache: Deutsch
News-ID 281413
Anzahl Zeichen: 3126

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