OMV, Mubadala and Chandra Asri Sign Indonesia Petrochemical MoU
July 24 2019 - 4:14AM
Dow Jones News
By Nathan Allen
OMV AG (OMV.VI) said Wednesday that it has signed a preliminary
agreement with Chandra Asri Petrochemical (TPIA.JK) and Mubadala
Development Co. to explore a possible collaboration on
petrochemicals in Indonesia.
The three companies will set up working groups to define a
schedule for the cooperation, OMV said.
"We are very pleased with Mubadala and OMV's expressed interest
to explore opportunities to invest in our new world-scale
petrochemical complex," Chandra Asri Chief Executive Erwin Ciputra
said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 24, 2019 03:59 ET (07:59 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Omv Ag Bearer (PK) (USOTC:OMVKY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Omv Ag Bearer (PK) (USOTC:OMVKY)
Historical Stock Chart
From Apr 2023 to Apr 2024