Company loses millions after 14 silos collapse

The company said an estimated 12,000 tonnes of canola seed was spilled when the silos collapsed.

The Swellendam company, where 14 silos collapsed, says seven more silos are in danger of falling over. Picture: Siyabonga Sesant/EWN.

CAPE TOWN - A Swellendam company said it has suffered between R30 and R50 million in losses after 14 of its silos collapsed.

The Sentraal-Suid Kooperasie said an estimated 12,000 tonnes of canola seed was spilled when the silos collapsed yesterday.

It's unclear what caused them to come down.

No injuries have been reported.

General Manager Henk de Beer said, "Finally, it could be R30 to R50 million depending on the damage to the adjacent structures, and then obviously we're not quite sure about the product itself and how much we can recover from that."