PT. Chandra Asri Petrochemical Tbk
PTPIF
Other OTC0.53
USD
- -
- -
CIK
0001547873
ISIN
ID1000090301
Return %
Stock
S&P500
1Y
- -
18.85
3Y
209.82
64.56
5Y
-12.22
71.64
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Erwin Ciputra
- Full Time Employees
- 2,381
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- Wisma Barito Pacific Tower A Jakarta JK Indonesia 11410
- IPO Date
- May 21, 2013
- CIK
- 0001547873
- Website
- chandra-asri.com
- Similar Companies
- Business
- PT Chandra Asri Petrochemical Tbk (TPIA; PTPIF) operates as Indonesia's largest integrated petrochemical company, producing a broad range of olefins, polyolefins, and specialty chemicals at its naphtha cracker complex in Cilegon, Banten; the company manufactures ethylene, propylene, mixed C4, pyrolysis gasoline, and pyrolysis fuel oil from its olefins segment with capacities of 860,000 tons per annum for ethylene and 470,000 tons for propylene; polyolefins include high-density and linear low-density polyethylene under the Asrene brand for films, blow molding, pipes, agriculture films, and packaging, alongside degradable Grene resins for shopping bags and disposal products, as well as polypropylene under the Trilene brand encompassing homopolymer, random copolymer, impact copolymer, and terpolymer for food packaging, automotive parts, and electronics; styrene monomer from subsidiary PT Styrindo Mono Indonesia supports polystyrene, ABS, and synthetic rubber production; butadiene from PT Petrokimia Butadiene Indonesia serves synthetic rubber applications like tires; additional services encompass tank storage, jetty operations for vessels up to 80,000 DWT, and a 45-km ethylene pipeline network linking to downstream customers in Indonesia's industrial hub; founded in 1989 through the merger of PT Chandra Asri and PT Tri Polyta Indonesia Tbk in 2011, the company maintains headquarters in Jakarta and employs over 2,000 staff, exporting products regionally while serving domestic packaging, automotive, construction, and consumer goods sectors; major shareholders include Barito Pacific Group and Thailand's SCG Chemicals. In recent strategic shifts, the company rebrands to PT Chandra Asri Pacific Tbk, reflecting diversification into chemicals and infrastructure beyond petrochemicals; it acquires PT Krakatau Chandra Energi and Krakatau Tirta Industri via PT Chandra Daya Investment to enter energy and water infrastructure; partners with Glencore plc to acquire Shell Energy and Chemicals Park in Singapore, enhancing regional capabilities with advanced technology transfer expected by end-2024 pending approvals; advances a chlor-alkali and ethylene dichloride plant through PT Chandra Asri Alkali and plans a second global-scale complex (CAP2) with 1.1 million tons ethylene capacity; expands polyolefin production including a new 400,000-ton polyethylene line and synthetic rubber joint venture with Michelin via PT Synthetic Rubber Indonesia operational since 2018.