Hurricane Florence Makes Presence Felt, an Industrial Info Market Brief

Hurricane Florence made landfall early this morning in North Carolina after slightly declining in strength to a Category 1 storm. Despite the decline in wind speeds, storm surges and intense rainfall still pose a risk to industrial assets in the path of Florence, which maintained Category 1 strength for much of today. Numerous industrial plants were idled in anticipation of the storm, including power plants, fuel terminals, steel mills, pharmaceutical plants and many others. Visit our Disaster Impact Tracker tool often in the coming days for the latest on which plants are confirmed as damaged or offline as a result of the storm. Meanwhile, in the Pacific Ocean, Typhoon Mangkhut remains a Category 5 storm, with the Philippines and Southern China squarely in its sights. Once these storms have passed, our Disaster Impact Tracker tool will summarize which plants remain offline due to the storms.