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MAI faces potential class action

A financial claim and class action application against Makhteshim-Agan Industries’ (MAI) chemical manufacturing plant has been “brought to its attention”. The reported claim is for damages allegedly caused by smell and noise, and comes from residents of Moshav Nir Galim and an inhabitant of Ashdod. The claim and application has yet to be served to MAI’s subsidiary, Agan Chemical Manufacturers. ”In the event that the claim is approved as a class action, the claimants estimate that the amount to be claimed from Agan is approximately NIS 642 million [$186 million],” MAI says. The company cannot estimate the claim’s chance of success “at this preliminary stage”.

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