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PT Chandra Asri Petrochemical Tbk To Build USD 1 Billion Rubber Plant-Reuters

Wednesday, 23 Oct 2013 10:53pm EDT 

Reuters reported that according to Bisnis Indonesia, PT Chandra Asri Petrochemical Tbk is planning to develop a styrene-butadiene rubber plant worth USD 1 billion in Cilegon, Banten, in cooperation with France's Compagnie Financiere Du Groupe Michelin, said commissioner Prajogo Pengestu. The Company will start construction next month and expects to start operation in 2016. 

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