How the Trade War Foiled a Billionaire's Chemical-Buying Spree
- Indorama’s profit margin is close to narrowest since 2015
- Stock is set for record fourth-straight quarterly loss
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India-born billionaire Aloke Lohia’s global acquisition spree for chemical plants was designed to give Thailand-based Indorama Ventures Pcl more pricing power. But Donald Trump’s trade war has spoiled the party and driven its shares to a record slide.