August 24, 2016 5:46 PM ET


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


1,733 Employees


62 21 530 7950


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 Tbk Announces Earnings Results for the First Quarter Ended March 31, 2016

PT Chandra Asri Petrochemical Tbk announced earnings results for the first quarter ended March 31, 2016. For the period, the company recorded a net profit of USD 35.4 million, up USD 32.6 million from the previous year of USD 2.8 million. While net Revenues were slightly higher at USD 358.9 million or 0.3% compared to USD 357.9 million in first quarter of 2015.

Chandra Asri Reports Earnings Results for the Full Year of 2015

Chandra Asri reported earnings results for the full year 2015. For the year, net profit in 2015 rose by 42.4% year on year to $26.3 million on the back of strong product margins. Its net revenue fell by 44% year on year to $1.38 billion in 2015 as its sales volumes dropped following an 85-day turnaround at its production site which included works to expand its cracker.

PT Chandra Asri Petrochemical Tbk Announces Earnings Results for the Third Quarter of 2015

PT Chandra Asri Petrochemical Tbk announced earnings results for the third quarter of 2015. The company recorded growth in net income of 127.9% or USD 30.9 million compared to net income for the same period in previous year amounting to USD 13.6 million. Although, Net revenues decreased from USD 1,945.7 million to USD 1,144.0 million or fell 41.2% year on year, the gross profit margin improved from 4.6% to 10.5%. This is due to the improvement of margin between the selling prices of chemical products especially Polyolefins compared with the price of raw materials (Naphtha) still shows a positive trend that has been ongoing since recent quarters.

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Recent Private Companies Transactions

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