Ecopro BM "Fire at Ochang Plant... Loss Amount Under Review"
[Asia Economy Reporter Hyunseok Yoo] EcoPro BM announced on the 21st that a fire occurred at its Ochang Plant located on 2 Sandan-ro, Ochang-eup, Cheongwon-gu, Cheongju-si, Chungbuk.
The company stated, "The fire department and police are investigating the cause of the fire, and due to safety reasons, access is restricted, making it difficult to estimate the amount of damage caused by the disaster. It is also difficult to confirm related disclosures such as production suspension, but if it falls under the criteria for future disclosure preparation, we will disclose accordingly." They added, "The amount of loss due to the fire is currently being confirmed, and we plan to re-disclose as soon as the amount is determined."
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Additionally, EcoPro BM explained that the Ochang Plant is insured with Samsung Fire & Marine Insurance and KB Insurance under a comprehensive property insurance policy (property damage coverage basis) worth 443.855 billion KRW.
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