Olefin center PT Chandra Asri Petrochemical Center has acquired controlling stakes at PT Styrindo Mono Indonesia, the largest styrene monomer producer in South East Asia previously controlled by Japan’s Toyota Tsusho Corp...
Read MorePT Autocompt Systems Indonesia, a subsidiary of Autocompt System, is expanding its manufacturing unit in Tangerang, Banten province, Indonesia with additional investment of US$59.5 million. The additional investment would be...
Read MoreWhile no approval yet from The House of Representative (DPR), Peter Sondakh’s Rajawali Corporation has moved fast. After submitting its letter of intent to acquire flag carrier Garuda Indonesia to Minister for State-Owned...
Read MoreInvestors are expected to submit their final bids to acquire 30% shares of PT Kaltim Prima Coal & PT Arutmin Indonesia, both are subsidiaries of PT Bumi Resources Tbk, on February 28. Mitsubishi, Tata, and BHP are believed...
Read MorePT Krakatau Daya Listrik, a subsidiary of steel manufacturer PT Krakatau Steel, is expanding its power generating capacity with a new coal-fired power plant (300 MW capacity) which may cost around USD300 million. PT Krakatau...
Read More