Established in 1961 as Hindustan Polymers to manufacture polystyrene
Merged with McDowell & Co of the UB Group in 1978
Taken over by South Korea-based LG Chem in 1997, renamed LG Polymers
Manufactures general purpose polystyrene and high impact polystyrene, expandable polystyrene, and engineering plastics
Polystyrene used for electrical and electronics packaging, cold storage, boxes for agricultural & fishery products, construction, insulation boards, etc
Engineering plastic is used as an industrial raw material for automobile partsLG Polymers: 1800 tonnes of styrene was stored in tanks
LG Polymers: Due to stagnation and temperature changes, gas could have auto polymerized, causing vapourisation
LG polymers: probe launched into leak, will observe facility for a couple of hours