Fate of rogue-hit firm still uncertain

Cheok Soh Hui; Darni, Nurul; Kovac, Matt
January 2007
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p15
Trade Publication
The article reports on the business condition of oil company Mitsui Oil Asia (MOA) after it suffered from trading losses. Mitsui vice president Hiroshi Tada was reported as saying that MOA would be shut by May 2007 after the company finalises issues surrounding its long-term trading contracts. The exit of the firm has created new opportunities for companies such as Merrill Lynch and Lehman Brothers to be more active in the naphtha market.


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