Over 130 firefighters battled a blaze at a Berkshire Hathaway-owned Lubrizol plant in Rouen, Normandy, France.
The chemical plant was fully engulfed in flames and is expected to take days to fully extinguish. Nearby residents were sheltering in place and local schools were closed. There is concern that the nearby Seine river could be polluted.
The plant was founded in 1954, and manufactures and packages additives for lubricants and paint.
No casualties have been reported and the cause of the blaze has yet to be determined.
© 2019 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.