David Meredith, 74, co-owner of Ravensbourn Plastics, which makes supermarket containers, said the fire caused £2.5million worth of damage but would have "little impact on the business".
Firefighters have now released footage of the blaze and the mesmerising firenado, which reached a height of over 50ft. Crews on the scene captured the remarkable footage of flames whirling upward from the raging flames torching the Derbyshire Facility. The column of fire forms when eddies caused by the blaze lead to a powerful rotating updraft.
Firefighters were joined by colleagues from other counties as they tried to prevent the fire spreading.
The event occurs when cool air enters the top of an area of hot air.
The cause of the fire at Ravensbourn Plastics Ltd on Occupation Lane, in Albert Village, Swadlincote is not yet known.
A massive fire sparked a "firenado" in the English Midlands on Tuesday.
The factory fire engulfed thousands of stacked plastic pallets and spread to a small site building and a number of fork-lift trucks.
Derbyshire's police and fire services have launched a joint investigation.
Leicestershire Fire and Rescue Service, who were assisting local crews in Derbyshire, shared the stunning video on Facebook.
The black smoke could be seen in Shepshed in Leicestershire and Nottingham city centre.
- Yerry Mina and Andre Gomes pose in Everton shirts
- Cam Newton confronts Kelvin Benjamin over remarks
- National Football League players resume protests during U.S. anthem
- Saudi Arabia to suspend Toronto flights as spat with Canada continues
- Four dead after shooting in Canada
- José Mourinho does not expect any Manchester United deadline-day signings
- Recording of Devin Nunes at private McMorris Rodgers fundraiser makes national headlines
- Russia Considers Retaliation For 'Categorically Unacceptable' New U.S. Sanctions
- Paul Merson claims Liverpool FC need key signing to win the title
- West Brom surprise contenders for Carlos Sanchez