Indonesia SWFs Danantara, INA sign USD 800m deal with Chandra Asri Pacific

Sovereign wealth funds Danantara Indonesia and Indonesia Investment Authority (INA) had signed a memorandum of understanding with petrochemical and energy firm Chandra Asri Pacific worth up to USD 800 million. The agreement would explore the potential entry of Danantara and INA as new investors to build a chlor-alkali–ethylene dichloride plant, the companies said in a joint statement. 

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