Prajogo Pangestu: Timber to Petrochemicals and Beyond
Prajogo Pangestu, the son of a rubber trader, began his entrepreneurial career in the forestry industry in the late 1970s. His company, Barito Pacific Lumber, went public in 1993 and was renamed Barito Pacific in 2007, after it reduced its emphasis on lumber. In 2007, Barito Pacific also acquired a 70% stake in Chandra Asri, a petrochemical business listed on the Indonesia Stock Exchange…