Vizag Gas Leak Tragedy: Is LG Polymers to be blamed for Negligence?
![Vizag Gas Leak Tragedy: Is LG Polymers to be blamed for Negligence?](../../../images20/line-png-16800.png)
Case Code: BECG182 Case Length: 11 Pages Period: 2020-2022 Pub Date: 2023 Teaching Note: Available |
Price: Rs.300 Organization: LG Polymers India Pvt Ltd. Industry: Chemicals Countries: India Themes: Business Ethics, Corporate Ethics,Corporate Responsibility,Corporate Governance |
![Vizag Gas Leak Tragedy: Is LG Polymers to be blamed for Negligence?](../../../images20/line-png-16800.png)
Abstract Case Intro 1 Case Intro 2 Excerpts
The Lead Up to the Incident
LGPI was established by the Mumbai-based Shriram Chemical Industries (Shriram Group) in 1961 under the name Hindustan Polymers, to extract alcohol from molasses in order to produce styrene. The AP government had sold 216 acres of endowment land – belonging to the Sri Varahalakshmi Narasimha Swamy Vari Devasthanam (Simhachalam Devasthanam) in the thinly populated R.R. Venkatapuram village – to the Shriram Group to set up the plant...
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