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Indonesia’s Chandra Asri Allocates Capex US$294M in 2020

JAKARTA (TheInsiderStories) - PT Chandra Asri Petrochemical Tbk (IDX: TPIA), a chemical producer based in Indonesia, has allocated capital expenditure (capex) US$294 million in...

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...

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...

Indonesia Develop Bintuni Bay Industrial Zones for the Petrochemical Industry

JAKARTA (TheInsiderStories) - Indonesian government boost the development of the Bintuni Bay industrial Zones in West Papua to produce petrochemical products, said one senior official in...

Pertamina Team up with Taiwan’s CPC Builds Naphta Cracking Plant in...

JAKARTA (TheInsiderStories) - State-owned oil and gas holding PT Pertamina and its Taiwanes partner CPC Corp., is looking to establish a naphtha cracking plant in Indonesia,...

Pupuk Indonesia Operates Second Fertilizer Plant in South Sumatera

JAKARTA (TheInsiderStories) - Indonesian fertilizer producer, PT Pupuk Sriwijaya (Pusri) started operating the Pusri 2B fertilizer plant in Palembang, South Sumatera, said the company...

Indonesia’s Chandra Asri Prepares US$5B Petrochemical Factory

JAKARTA (TheInsiderStories) - PT Chandra Asri Petrochemical Tbk (IDX: TPIA), an integrated petrochemical company in Indonesia, prepares second petrochemical factory with costs US$5 billion,...

Indonesia Supports Siam Cement’s US$5.5B Petrochemical Project

JAKARTA (TheInsiderStories) - The Indonesian government welcomes the plan of the Siam Cement Group (SCG) to develop a mega petrochemical project with an estimated...

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...

Global Petrochemical Market to Reach US$814.3B by 2023

  JAKARTA (TheInsiderStories) - The global petrochemicals market is expected to grow by an average of 9.0 per cent per annum in the period of...