MRPL refinery fire and fuel-export tenders
A fire at MRPL’s Mangaluru refinery was followed by a fall in the company’s shares of up to 10% from the intraday high. The incident was described as explosion-like and occurred at the Coker hydroheater unit.
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Timeline
Wednesday, 30 September
- Mangalore Refinery Petrochem cancels fuel export tenders after fire at site
MRPL withdrew tenders to export diesel, jet fuel and reformate later this month after a site fire
- MRPL shares fall up to 10% from intraday high after fire at Mangaluru refinery
MRPL shares fell 10% from the day's high after the refinery fire
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