Madrid-Indorama Ventures (IVL) experienced a fire at a purified terephthalic acid (PTA) production plant in Guadarranque-San Roque, Cadiz, Spain, on 1 Jan. 2023. The fire, which was contained quickly, only caused minor disruptions to operations. Some operations were temporarily halted as a preventative measure to ensure safety, while the company assesses repairs. Cause of the incident was not disclosed.
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