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Updated 5:05 p.m. August 30, 2017: It now looks likely there will be a fire or explosion at the Arkema ammonia plant in Crosby, according to officials.

The plant is currently submerged in water and Rich Rowe, Arkema Inc.’s president and CEO, told the Texas Tribune that the organic peroxide used in the company manufacturing process has begun to heat up. With the flooding in the area it will not be possible for employees to enter the facility to try to prevent a fire or explosion, and by the time employees do get back inside Rowe says the chemicals were certainly degrade and catch fire or explode.

The company has already evacuated all employees and a 1.5 mile radius around the plant has also been cleared to assure that no one will be harmed if the plant does explode. However, Rowe says that any such incident will not be felt beyond the boundaries of the plant, and insists to the Tribune that the company is just being “conservative.”

From Arkema at 5:55 EST:

“Our Crosby facility makes organic peroxides, a family of compounds that are used in everything from making pharmaceuticals to construction materials. But organic peroxides may burn if not stored and handled under the right conditions. At Crosby, we prepared for what we recognized could be a worst case scenario. We had redundant contingency plans in place. Right now, we have an unprecedented 6 feet of water at the plant. We have lost primary power and two sources of emergency backup power. As a result, we have lost critical refrigeration of the materials on site that could now explode and cause a subsequent intense fire. The high water and lack of power leave us with no way to prevent it. We have evacuated our personnel for their own safety. The federal, state and local authorities were contacted a few days ago, and we are working very closely with them to manage this matter. They have ordered the surrounding community to be evacuated, too. ”

They’ve ordered evacuations within a 1.5 mile radius of the plant. Sounds like they’re just waiting for the fireworks to begin. “The high water and lack of power leave us with no way to prevent it.”