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English news

23-Mar-2017

SIIG working on reducing losses from PCC; may be looking for a buyer/partner for it

SIIG has announced that PCC is currently facing a challenging operational environment, and that it would not be able to achieve good margins. The company mentioned that it is currently working with Chevron Phillips to reduce the losses incurred by PCC. Finally, the company pointed out that it will be looking for potential buyers or partners who could work on improving PCC’s performance. 

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