Receivers for JAC mull over revival plan via third-party usage

Singapore

SECOND chances are found in a new year. And that is what 2016 could potentially hold for the troubled Jurong Aromatics Corporation (JAC) after the twists and turns of the past year - if current plans on the table come to fruition.

Three months after the operator of the US$2.4 billion aromatics plant on Jurong Island went into receivership, about four to five proposals are said to have been made to the company's receivers Borrelli Walsh.