Beleaguered JAC suffers yet another setback
Last week's fire that razed one of its storage tanks also destroys all hope of Jurong Island plant restarting soon
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Singapore
IT is one setback after another for beleaguered petrochemical producer Jurong Aromatics Corporation (JAC).
Just as the firm's receivers were completing talks on a tolling agreement, a fire that razed one of its storage tanks last week also destroyed all hope of the plant on Jurong Island restarting any time soon.
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