February 20, 2017 4:30 PM ET

Chemicals

Company Overview of PT. Chandra Asri Petrochemical Tbk

Company Overview

PT. Chandra Asri Petrochemical Tbk, together with its subsidiaries, operates as an integrated petrochemical company in Indonesia. It operates through Olefin, Polyolefin, Styrene Monomer, Butadiene, and Tanks and Jetty Rental segments. The company offers monomers, such as ethylene, propylene, raw butadiene, pyrolysis gasoline, and pyrolysis fuel oil. It also provides polyethylene products, including linear low density polyethylene and high density polyethylene under Asrene brand name used in films, injection molding, blow molding, pipe, and monofilament applications. In addition, the company offers polypropylene products, which consist of homopolymer, random copolymer, and impact copolymer un...

Wisma Barito Pacific Tower A

7th Floor

Jl. Let. Jend. S. Parman Kav. 62 - 63

Jakarta,  11410

Indonesia

1,753 Employees

Phone:

62 21 530 7950

Fax:

62 21 530 8930

Key Executives for PT. Chandra Asri Petrochemical Tbk

PT. Chandra Asri Petrochemical Tbk does not have any Key Executives recorded.

PT. Chandra Asri Petrochemical Tbk Key Developments

PT Chandra Asri Petrochemical to Supply Resins to Toyota in Indonesia

PT Chandra Asri Petrochemical to supply polypropylene impact copolymer resins to PT Toyota Motor Manufacturing, the local unit of Japanese company Toyota. The PT Chandra Asri Petrochemical-produced resins fulfilled the required specifications of TMMIN, which will be used as a raw material to develop car components for Toyota Vios and Yaris. This deal is expected to enable the Indonesian petrochemical industry tomove into the automotive component sector, which traditionally procures its raw materials from other countries. The deal will also support the Indonesian Government's efforts to strengthen the industrial structure of the country. It also improves performance of compounding and moulding industry, namely PT Hexa Indonesia, which adds additives and colouring toresins and PT Sugity, responsible for moulding resins into automotive components.

Chandra Asri Petrochemical Signs Agreement with Univation Technologies

Chandra Asri Petrochemical announced that it has signed an agreement with Univation Technologies to develop a new 400,000 tonnes/year polyethylene (PE) plant in Cilegon, Banten. The agreement covers the process design package as well as license to produce linear low density polyethylene (LLDPE), high density polyethylene (HDPE) and metallocene LLDPE (MLLDPE).

Chandra Asri Petrochemical Announces Earnings Results for the Second Quarter and First Half of 2016

Chandra Asri Petrochemical announced earnings results for the second quarter and first half of 2016. For the quarter, the company reported net profit surged to $96.4 million from $15.1 million in the same period of 2015. For the first half of 2016, the company's net profit jumped to $131.8 million from the $17.9 million reported in the corresponding period of last year. Net revenue rose by 10.4% year on year to $882.1 million.

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Recent Private Companies Transactions

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