RAYONG, Thailand (May 14, 2012)—BST Elastomer Co. Ltd has paid for the funerals and is providing compensation to the families of 11 people killed in a May 5 explosion at the firm's Map Ta Phut, Thailand, synthetic rubber plant.
Seven of the dead were BST employees, and four were contractors. BST said it also will provide 36 months of salary and a $36,000 payment to each employee's family, and about $16,000 to the families of the contractors.
The company also said it will provide for the education of deceased employees' children up to a bachelor's degree.
Seven people remain hospitalized after the accident, and BST said it is paying all medical expenses.
Chaiyot Wongphyat, managing director of BST, said that the company regrets the accident and is taking responsibility for the incident.