Japanese Daio Paper Corp. will spend approximately 19 billion yen to reconstruct the boiler at its subsidiary, Iwaki Daio Paper Corp., based in Iwaki City, Fukushima Prefecture, Japan, according to a press release from the company.
The accident occurred on September 6, 2022.
Daio’s Board of Directors, at its meeting held recently, voted to approve a boiler reconstruction plan calling for the adoption of recurrence-preventing measures addressing multiple presumed causes of the explosion based on the accident investigation report.
The Daio Group is working to realize, through business activities, its management philosophy, “Shaping an abundant and affable future for the world.” In its business activities, the company will continue making efforts to ensure stability in product quality and reduce the environmental load through the effective use of natural resources while giving top priority to safety.
