PES up against the clock to sell Philadelphia refinery in cash crunch

PES up against the clock to sell Philadelphia refinery in cash crunch
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

22.08.2019

MOSCOW (MRC0 -- Finding a buyer for Philadelphia Energy Solutions' oil refinery has grown urgent as the bankrupt company's funds dwindle and no signs emerge that it is winning a fight for insurance payouts after a June blaze at the plant, reported Reuters with reference toВ court documents and bankruptcy experts.Without access to the more than USD1 billion in insurance coverage, selling t

Full article at mrcplast.com

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