Friday, September 02, 2011

PTT Chemical keen to acquire stake in Chandra Asri, Indonesia's largest petrochemical firm

Thailand’s PTT Chemical is keen to acquire Temasek 23% stake in Chandra Asri, Indonesia's largest petrochemical firm. This acquisition will give PTT more room for growth, as Thailand has limited opporrtunities in the gas-based petrochemical industry, according to CIMB Securities in the nation.

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