Tag Archives | Chandra Asri

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Indonesia’s “Great Moderation”

Graph prepared by The Economist

 

By John Richardson

INDONESIA has enjoyed eight consecutive quarters of 6% GDP growth and so - along with several other mainly domestically-demand driven Asian economies - is viewed as a haven of stability in an increasingly uncertain …

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PTT Global’s latest buy and Siam Cement’s Indonesia plan

By Malini Hariharan

There have been no headline-grabbing deals but bit by bit PTT Global Chemical is extending its business beyond Asia and entering new product areas.

Yesterday, PTT Global announced plans for a joint venture with Perstorp Holding France …

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Siam Cement set for next Indonesian buy

By Malini Hariharan

After picking up a 30% stake in Chandra Asri, the Siam Cement Group (SCG) is looking to seal its next Indonesian buy.

Two companies, SCG and Japan’s Itochu Corp, are reported to have advanced to the second …

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Siam Cement eyes big Indonesian buy

By Malini Hariharan

Confirmation has come in from the Siam Cement Group (SCG) that it is in the race to acquire stakes in two Indonesian companies – Chandra Asri and Sulfindo Adiusaha.

“We are interested in both firms in Indonesia …

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Chandra Asri stake up for sale?

By Malini Hariharan

Indonesia’s sole cracker operator Chandra Asri faces yet another ownership change with Singapore’s Temasek Holding reported to be looking at divesting its stake in the company.

The news report in the Wall Street Journal said several companies …

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Lotte’s Indonesian gamble

By Malini Hariharan

South Korea’s Lotte Group, parent company of Honam Petrochemical, is making yet another bold move. After acquiring Malaysia’s Titan Chemicals last year, Lotte has set its sights on a major petrochemical project in Indonesia.

“We will start …

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Chandra Asri And TriPolyta To Merge

By John Richardson

The consolidation talked about in Indonesia for more than ten years – that between cracker operator and polyethylene (PE) producer Chandra Asri and polypropylene (PP) producer TriPolyta – is finally set to happen by January next year. …

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Indonesia is back on the projects scene

By Malini Hariharan

After a decade of inactivity since the Asian financial crisis, Indonesia is once again drawing attention. Two news reports indicate that companies are evaluating major investments in refining and petrochemicals.

Taiwan’s Chinese Petroleum Corp (CPC) is said …

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More Indonesian consolidation on the way?

There are strong rumours circulating that the hopelessly fragmented Indonesian petrochemical industry might undergo some more restructuring.

This would follow Titan Petrochemical’s purchase of troubled polyethylene producer PT Peni, now renamed PT Titan, for a bargain price.

Common ownership between …

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