Inside Financial Markets

Another Powerful Explosion rocks Chemical Factory – China

China – Another powerful explosion at a chemical factory is being reported in Dongying city, Shandong province. The explosion occurred just a few hours ago and details are few.

Massive chemical blast in Shandong , China
Shocking: The huge blast could be seen from a great distance
Massive chemical blast in Shandong , China
Stunned: It is the third explosion to rock China in recent days

The Communist Party-owned paper said the incident took place in Dongying city, without giving additional information.

A chemical warehouse fire and explosion in northern China’s Tianjin municipality on Aug. 12 killed at least 158 people, including 94 firefighters, and led to a government crackdown on hazardous-goods storage.

Reports on social-media describe the chemical plant blast as being felt and shattering glass at 50 KM away. Initial reports state that the fire is under control. We will be following the situation and update when more information is available.

This is the second major chemical factory explosion in less than three weeks. The previous being the massive blast in Tainjin that happened on August 12th and claimed over 100 lives, injuring over 700 people.

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

The Canadian Securities Institute


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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)