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Kilburn Chemicals seeks financial resolution to restart operations

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Capital Market
Last Updated : Dec 11 2018 | 7:16 PM IST
Kilburn Chemicals announced that after the scheduled annual Boiler maintenance period, production operations have not restarted due to severe cash flow issues. The Company has already approached its Bankers with alternate restructuring plans for its loan facilities and is awaiting positive developments for financial resolution, so that production could be restarted at the earliest.

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First Published: Dec 11 2018 | 6:53 PM IST

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