Chevron Suspends Operations at China Lubricants Facility After Warehouse Blast
August 13 2015 - 4:33AM
Dow Jones News
By Brian Spegele
BEIJING--Chevron Corp. (CVX) has suspended operations at a
lubricants facility in China's eastern city of Tianjin following an
explosion at a nearby warehouse that killed dozens.
A Chevron spokesman said in a statement that the Chevron
facility, located about 5 kilometers from the blast site, "did not
sustain immediate visible damage."
Chevron said operations would resume "once the blast area is
stabilized."
The spokesman said the company doesn't expect its
lubricants-product supply to be impacted by the facility's
suspension.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Chevron (NYSE:CVX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Chevron (NYSE:CVX)
Historical Stock Chart
From Sep 2023 to Sep 2024