PES lowers price of refinery site citing pandemic disruption

MOSCOW (MRC) -- Economic uncertainty caused by the COVID-19 pandemic has trimmed 11% off the price of the now-closed Philadelphia Energy Solutions (PES) refinery site, said Chemweek.In papers filed with the US Bankruptcy Court in Delaware on 18 June, PES has requested approval of an agreement that would reduce the initial USD240 million purchase price by USD27.5 million. Court approval wo

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