Chandra Asri is bigger than Dow Chemical & BASF?

Shares of petrochemical company Chandra Asri (TPIA), controlled by tycoon Prajogo Pangestu, ended higher by 3.3% to Rp9,500 on Wednesday (Jul 10) to make a market capitalisation of Rp822 trillion or US$50 billion. That means Chandra Asri is now bigger than two of the world’s largest chemical companies Dow Chemical (USA) and BASF AG (Germany).To subscribe please click here