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Thai Petroleum participates in the financing of CAP's second petrochemical plant

 Last Update: 2021-08-14
 Source: Internet
 Author: User

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Sinochem News recently, Indonesia Chandra Asri Petrochemical (CAP) announced that Thai Petroleum has officially become its strategic investor and joined its second petrochemical plant in Sairegon, Indonesia, with a financing amount of US$1.
7 billion
.

Earlier, CAP stated that Thai Petroleum will obtain a 15% stake in the Indonesian company through the planned pre-emption right

CAP is the only naphtha cracking operator in Indonesia
.

The planned second petrochemical plant includes 1.

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