Martek investigation
This article was originally published in The Tan Sheet
Executive Summary
Kentucky state, local fire officials "are considering whether hexane discharges from our operations were a factor" in a March 12 explosion at a public wastewater treatment works in Winchester, according to firm's March 17 110-Q filing. "State fire marshal issued a finding that Martek had not met certain applicable requirements and directed us to prevent any introduction of hexane into the sanitary sewer system," the filing states, noting "we had already done so." Firm says it is cooperating with investigation and "still gathering information about the incident," but does "not believe this matter will have a material impact on production output or our results of operations." Nutritional oils manufacturer recently began using a new building at its Winchester plant for shipping, packaging, cold storage and administration...
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