A Chinese chemical company has been ordered to pay more than US$65 million in compensation to five overseas insurers over an incident in 2000, when a leak of corrosive chemicals destroyed a Malaysian cargo plane.
The Dalian company, affiliated with China National Chemical Construction Corporation (CNCCC), was brought before the Beijing High Court in 2002 by Malaysian Airlines and the insurers.
The plaintiffs contended that Dalian company had mislabeled a consignment of chemicals that were aboard the Airbus A330 plane. The airplane was badly corroded and considered damaged beyond repair. (Xinhua)