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Jurong Aromatics said to be in debt restructuring talks with banks

Thursday, August 20, 2015 - 05:50


JURONG Aromatics Corp, operator of one of the world's largest petrochemical plants, can't service its interest payments and is negotiating a debt restructuring with bankers amid a plunge in oil prices, people familiar said.

Operations at the US$2.4 billion plant have been

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