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JX HOLDINGS-JAPAN/
RTX1IPPJ
July 02, 2015
JX Holdings' President Yukio Uchida speaks during an interview with Reuters at the company headquarters...
Tokyo, Japan
JX Holdings' President Uchida speaks during an interview with Reuters at the company headquarters in...
JX Holdings' President Yukio Uchida speaks during an interview with Reuters at the company headquarters in Tokyo, July 2, 2015. Japan's largest oil refiner, JX holdings, said it would be open to talks on a possible merger, with the government pushing for consolidation in an industry struggling as people switch to more efficient cars and as the country's population dwindles. The company's new president also told Reuters that JX, scrambling to recover from a record annual loss, could scrap at least one of its seven refineries to curb costs and as it looks to comply with a national drive to cut old and aging capacity. To match Interview JX HOLDINGS-JAPAN/ REUTERS/Toru Hanai
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