Resin Factory Explosion Could Impact US Production

Automakers met Tuesday at a hastily called summit in Troy to consider their options, after an explosion shut down a German factory that makes a key chemical used in plastics for brake and fuel systems.

The industry is concerned that a shortage of the chemical could disrupt production in some U.S. auto plants.

About 200 people, including more than 100 suppliers and representatives of auto companies, gathered to discuss alternative plastic resins, and ways to boost supplies from three other major producers.

quizz - 4/18/2012 10:32:19 PM

+1 Boost

What a great business to be in.. esoteric plastic resins where there are only 3 other producers in the world. Talk about high barrier to entry.

vdiv - 4/19/2012 12:46:17 PM

+1 Boost

Two people killed:

http://www.nitrobahn.com/news/blast-at-evonik-industries-interrupts-automotive-production/

Unknown injured:

http://www.monitor.czert.info/index.php/global-panel/local-events/new-events/2461-explosion-europe-germany