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JAC's restart impeded by messy stakeholder structure

If shareholders fail to agree on the way forward, S'pore's largest aromatics facility by capacity may be in for a financial nightmare: observers

Published Tue, Jun 9, 2015 · 09:50 PM

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    Singapore

    AS of now, operations at the Jurong Aromatics Corporation (JAC) have been stalled longer than they have ever been running.

    It has been almost a half year since JAC closed its petrochemical complex on Jurong Island for maintenance, having fallen victim to poor market conditions less than five months after its August 2014 launch.

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