'Big shock’: APA Group to take $145m impairment after Qenos closure
Sky News Business Reporter Edward Boyd says the closure of the Qenos plant in Botany was a “big shock” to the industry.
Infrastructure giant APA Group will take a non-cash impairment of $145 million on one of its pipelines which delivers ethane gas to Sydney.
“It is an acknowledgment from APA Group that Qenos was a big customer for them,” Mr Boyd said.
- https://www.msn.com/en-au/news/other/big-shock-apa-group-to-take-145m-impairment-after-qenos-closure/ar-BB1pjnU2?ocid=00000000
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