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Indorama wins key ruling in FM Global insurance dispute

Indorama wins key ruling in FM Global insurance dispute


Huntsman’s FM Global policy covered November 2019 to November 2020. At closing, Huntsman assigned policy rights to Indorama with FM Global’s consent. Fires were extinguished Jan. 4, 2020, and Indorama regained access Jan. 29. The company claimed $100 million in losses to its plants, property at the TPC site, and a dock.



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