All companies in Xiangshui Biochemical Park, where the Jiangsu Tianjiayi Chemical plant is located, have been shut down temporarily, according to the local government. Photo: AP
All companies in Xiangshui Biochemical Park, where the Jiangsu Tianjiayi Chemical plant is located, have been shut down temporarily, according to the local government. Photo: AP

Chemical plant explosion sends China dye stocks surging, sinks affected firms

  • Explosion will directly impact supply of m-Phenylenediamine, a chemical intermediary used in dye production

All companies in Xiangshui Biochemical Park, where the Jiangsu Tianjiayi Chemical plant is located, have been shut down temporarily, according to the local government. Photo: AP
All companies in Xiangshui Biochemical Park, where the Jiangsu Tianjiayi Chemical plant is located, have been shut down temporarily, according to the local government. Photo: AP
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