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Indonesia’s Chandra Asri Raises Funds US$52M from Bond Sales

JAKARTA (TheInsiderStories) - Indonesia' largest integrated petrochemical company, PT Chandra Asri Petrochemical Tbk (IDX: CAP), successfully launched a three-year bond issuance with total amount...

S&P Raises Indonesia’s Chandra Asri Rating from B+ to BB-

JAKARTA (TheInsiderStories) – PT Chandra Asri Petrochemical Tbk (IDX: CAPC) has won a credit rating upgrade from Standard and Poor’s (S&P) Global Ratings from...

Chandra Asri Gets Tax Holiday from Indonesian Government

JAKARTA (TheInsiderStories) - Indonesian integrated petrochemical company, PT Chandra Asri Petrochemical Tbk (IDX: TPIA) received government’ tax holiday facility from its US$380 million polyethylene plant. Company gets...

Indonesia’s Chandra Asri Prepares Capex $465M This Year

JAKARTA (TheInsiderStories) - PT Chandra Asia Petrochemical Tbk (IDX: TPIA), petrochemical producer from Indonesia, budgeted US$465 million for capital expenditure (capex) this year. The...

Chandra Asri Obtains Unsecured Export Credit Facility US$172M

JAKARTA (TheInsiderStories) – An integrated petrochemical company in Indonesia, PT Chandra Asri Petrochemical Tbk (IDX: CAPC) has signed an eight-years Export Credit Facility with worth of...

Singapore Star Energy Belongs to Indonesia’s Barito

JAKARTA (TheInsiderStories) - In the coming day, Star Energy Group Holdings Pte. Ltd., the largest geothermal power producer in Indonesia, majority stake will belongs...

Barito Pacific Buys Star Energy for US$755M

JAKARTA (TheInsiderStories) - Shareholders of a diversified group PT Barito Pacific Tbk (IDX: BRPT) approved the acquisition of 66.7 per cent Star Energy Group Holdings Pte Ltd shares...

Accelerating Chemical & Textile Industry Growth

JAKARTA (TheInsiderStories) – In a further attempt to boost the country’s economic growth, the Industry Ministry, in collaboration with other, related ministries is stepping...

Barito Pacific Gets Approval to Acquire 66.7% Star Energy Shares

JAKARTA (TheInsiderStories) - Shareholders of PT Barito Pacific Tbk (IDX: BRPT) approved the company's plan to issue new shares as much as 5.6 billion shares or 40...

Moody’s assigns Ba3 to Chandra Asri’s proposed USD notes

Singapore -- Moody's Investors Service has assigned a Ba3 rating to Chandra Asri Petrochemical Tbk (P.T.)'s (Ba3 stable) proposed $300 million senior unsecured notes. The proposed notes...