Arconic is reported to have pulled global sales for high-rises of the panels used in the tower block destroyed by fire.
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The firm which supplied the cladding used to insulate London’s Grenfell Tower says it’s stopping global sales of such panels for use in high-rise buildings, Reuters reports.
It follows reports that Arconic knew the cladding was to be used for the tower block despite warning in its brochures that particular type was a fire risk for tall buildings.
Announcing its decision, Arconic cited “inconsistencies in building codes around the world” and code compliance issues that have arisen since the disaster.
At least 79 people were killed when fire and smoke swept through the west London tower block two weeks ago.
UK authorities have said the use of the panels in Grenfell Tower was in breach of building regulations.
Documents show Arconic knew it was supplying for a building called “Grenfell Tower” but not whether the company knew its exact height.
Arconic falls as much as -11% after Reuters report it knowingly supplied flammable panels for Grenfell https://t.co/PCCVIvIwKY pic.twitter.com/SNVd7CSVgy
— Thomas Seal (@TW_Seal) June 26, 2017