Budi Starch Sweetener Tbk vs Chemstar Indonesia Tbk. — how do they compare? Budi Starch Sweetener Tbk trades at Rp206 (market cap 926.79B), while Chemstar Indonesia Tbk. trades at Rp65 (market cap 110.5B). The key difference: Budi Starch Sweetener Tbk is far larger — about 8.4× Chemstar Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| BUDI | CHEM | |
|---|---|---|
Market Cap | 926.79B | 110.5B |
Trailing returns across standard periods
Latest headlines on both assets
PT Budi Starch & Sweetener Tbk (the Company) formerly Budi Acid Jaya (BAJ) was established based on Notarial Deed No. 15 dated January 15, 1979 of Henk Limanow, SH., public notary in Jakarta. PT Budi Starch & Sweetener Tbk is the world`s largest tapioca starch producer. BAJ is an integrated cassava based manufacturer : citric acid, modified tapioca starch and monosodium glutamate (MSG). It also produces sulphuric acid and poly propelene woven bag.
Read more on BUDI →PT. Chemstar Indonesia Tbk (the “Company") was established based on Notarial Deed No. 7 datedJanuary 30, 2004 of Jusnita Gunawan, S.H. The Company started its commercial operations in 2004.
Read more on CHEM →