Indonesia Petrochemical Giant Declares Force Majeure on Iran War
Indonesian petrochemical maker PT Chandra Asri Pacific has declared force majeure, citing disruption to feedstock shipments through the Strait of Hormuz following the outbreak of the Iran war.
By Nicholas Lua, Harry Suhartono, Rieka Rahadiana · Bloomberg Markets
Indonesian petrochemical maker PT Chandra Asri Pacific has declared force majeure, citing disruption to feedstock shipments through the Strait of Hormuz following the outbreak of the Iran war.