Chandra Asri Petrochemical Tbk (TPIA)

PT Chandra Asri Pacific Tbk, together with its subsidiaries, engages in chemical and infrastructure business in Indonesia. It operates through Olefin, Polyolefin, Styrene Monomer, Butadiene, Methyl Tertiary Butyl Ether & Butene-1, Tanks and Jetty Rental, and Electricity segments. The company offers olefins, such as ethylene, propylene, pyrolysis gasoline, mixed C4, naptha, and pyrolysis fuel oil. It also provides Polyolefins comprising polyethylene products, including linear low density and high-density polyethylene under the Asrene brand name used in films, injection molding, blow molding, pipe, and monofilament applications; and polypropylene products, such as homopolymer, random copolymer, and impact copolymer under the Trilene brand name for use in food packaging, housewares, woven bags, plastic and other packaging, plastic pails, pallets, electronics, and automotive products. In addition, the company offers styrene monomer that produces polystyrene, expanded polystyrene, styrene acrylonitrile, acrylonytrile butadiene styrene (ABS), styrene butadiene rubber (SBR), styrene butadiene latex (SBL), and unsaturated polyester resin; butadiene for the production of ABS, SBL, SBR, and polybutadiene rubber used in manufacturing automobile tires, as well as adhesives, sealants, coatings and rubber articles; and raffinate-1, as well as chlor and alkali products. Further, it engages in the sale of electricity and other electrical services, as well as fuels; wholesale business; leasing of tanks; and provision of management consulting, and warehousing, storage, and seaport services. The company also exports its products. The company was formerly known as PT Chandra Asri Petrochemical Tbk and changed its name to PT Chandra Asri Pacific Tbk in January 2024. PT Chandra Asri Pacific Tbk was founded in 1984 and is headquartered in Jakarta, Indonesia.