- CEO
- Agus Salim Pangestu
- Full Time Employees
- 5,062
- Sector
- Non-energy minerals
- Industry
- Forest products
- Address
- Wisma Barito Pacific Tower B Jakarta JK Indonesia 11410
- IPO Date
- Oct 1, 1993
- Business
- PT Barito Pacific Tbk PT Barito Pacific Tbk is an Indonesia-based diversified holding company engaged in petrochemical manufacturing, renewable energy generation, property development, logistics, and related businesses. Founded in 1979 by Prajogo Pangestu and headquartered in Jakarta, Indonesia, the company operates primarily through key subsidiaries including PT Chandra Asri Petrochemical Tbk (CAP), Indonesia's largest integrated petrochemical producer; PT Barito Renewables Energy Tbk, which manages geothermal and wind power assets; and others focused on energy, infrastructure, and adhesives. Its petrochemical segment manufactures a diverse range of olefins such as ethylene, propylene, pygas, and mixed C4; polyolefins including polyethylene and polypropylene; styrene monomer; butadiene; and various by-products, with facilities located in Ciwandan, Cilegon, Banten Province, providing access to deep-water ports and downstream plastics customers; the energy segment generates power from geothermal resources like Salak and Wayang Windu, wind farms including Sidrap, and joint developments such as Java 9 & 10 ultra-supercritical steam power plants with Indonesia Power; additional operations encompass property management, industrial and commercial development, marine transportation, glue production for particle boards, and trading in Indonesia and Singapore. In recent developments, PT Barito Pacific Tbk completed the acquisition of Aster Chemicals and Energy Pte. Ltd. (ACE) in early 2025, bolstering its chemicals and energy portfolio with refinery operations and expanding its Southeast Asia footprint, which drove consolidated 9M25 revenues to US$5,564 million and net profit after tax to US$1,819 million; through CAP, it acquired ExxonMobil's Esso-branded retail network in Singapore to build an integrated energy platform; Barito Renewables finalized the Sidrap Wind Farm purchase in 2024 for US$102.2 million and advanced wind projects totaling 320 MW potential in South Sulawesi, Sukabumi, and Lombok, alongside geothermal retrofits adding 24.3 MW at Salak; the company also divested PT Barito Investa Prima to CDI Group in April 2025 for IDR 90 billion to enhance logistics capabilities and secured a Rp 700 billion revolving credit facility from Bank BTN in December 2024; ongoing projects include the CA-EDC Plant in Cilegon at 33% completion and polyolefin expansions targeting 2.3 GW renewable capacity by 2032.