BUSINESS

PTT acquires stake in Chandra Asri

Business, Yuthana Praiwan, Published on 31/07/2021

» National oil and gas conglomerate PTT Group has acquired a 15.38% share in PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest petrochemical producer, for US$1.183 billion (39.1 billion baht) to tap into the growing petrochemical market in Southeast Asia.