Page 39 - Plastics News August 2020

Kerala aims for ore investment through Industrial Parks

crore from the global investors meet, confirmed the
Minister. According to Jayarajan, KINFRA will be playing
a key role in providing infrastructure facilities for the
new investments. A mega food park is ready in Palakkad
and Petro-chemical park is coming up in Kochi with an
earmarked investment of Rs 1,200 crore. The plan for it
is ready and land has been acquired, added the Minister.
"Currently, 25 KINFRA industrial parks with more than
800 odd industrial units are working here and the
defence park spread in 60 acres in Ottapalam is coming
soon. The total investment of this project is Rs 130.94
crore," he said. Speaking on the issue, Principal
Secretary, Department of Industries, K Ellangovan said,
"The defence park will be focusing on defence products
Kerala government is expecting more investment in the
state with Kerala Industrial Infrastructure Development and components are also planned to be made here. We
Corporation's (KINFRA) upcoming projects post-COVID- have already got a proposal from the companies making
19. During a conference, E P Jayarajan, Minister for parts of single-engine aircraft. This will be a private park
facilitating requirement of companies operating in
Industries, Kerala, said, "There is a possibility of more
investors coming to Kerala, particularly after the COVID- Defence production. This has the scope for attracting
19 and give a fillip to industries in the state." The state global companies." The government is also planning to
improve the basic infrastructure facilities in KINFRA
has received the promised investment of over Rs 1 lakh
parks.

Visakhapatnam gas leak case: Andhra HC grants bail to LG Polymers CEO

The Andhra Pradesh High Court on Tuesday granted bail
to LG Polymer's CEO Sunke Jeyong, director DS Kim,
Operations Additional Director PP Mohan Rao and eight
other accused in Vizag's LG polymer gas leakage
incident. Earlier last month, police had said that the
judicial remand of 12 accused, including the CEO and
two directors of the company, had been extended till
August 5. The gas leak incident, which claimed 12 lives,
took place on May 7 this year following which cases were
filed against the LG Polymers management. Andhra
Pradesh's Visakhapatnam local police on July 7, 2020 invited views, questions and grievances from the public
arrested 12 people in connection with the case. After 2 and received 243 Nos of representations through email
months, the High Power Committee headed by Neerabh a n d 1 7 6 N o s o f r e p r e s e n t a t i o n s t h r o u g h
Kumar Prasad, special CS (EFS & T) has submitted its telephone/whatsapp. Based on these representations,
report to Andhra Pradesh Chief Minister YS Jagan Mohan the Committee prepared a questionnaire and
Reddy in July. The Government of Andhra Pradesh vide communicated these questions to the M/s L. G. Polymers
G.0.RT.No. 803 dated: 08.05.2020 constituted a High (I) Pvt. Ltd. through Factories department and the
Power Committee to probe into the causes behind the concerned regulators. All the facets of the accident and
accident and to take stock of the recovery steps being implications were fully discussed in the video
taken in response to the incident. The Committee conference.

August 2020 37 Plastics News