C. Lewis & Company

Petrochemical








Location:
Buenos Aires, Argentina


Scope of Engagement:
  • Fire at the hydrogen production cell at a large polypropylene plant resulted in a loss of downstream profits from finished products;
  • Measurement of business interruption loss from polypropylene production.

Quantum:

  • In excess of US$3,000,000

Unique Aspects of Engagement:

  • Identified higher-than-expected gross profit due to strong demand and increased prices leading to under insurance;
  • Worked closely with the insured’s linear planning engineers and internal accountants to quantify lost polypropylene production.