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Six bidders shortlisted in sale of Jurong Aromatics

Search for buyers comes ahead of July expiry of JAC's one-year tolling arrangement with Glencore and BP

Published Thu, Jan 19, 2017 · 09:50 PM
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Singapore

HALF a year after restarting operations, Jurong Aromatics Corp (JAC), which runs one of the world's largest petrochemical plants, has now been put up for sale.

Six bidders have been shortlisted, among them Lotte Chemical Corp and SK from Korea, as well as ExxonMobil, The Business Times understands.

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