Kategori: Basic Industry

Fluctuations in world oil prices is enough to affect the performance of Barito Pacific, Tbk (BRPT IJ). However, analysts rate BRPT still has a bright business prospects this time of year. As a side note, the BRPT successfully recorded a rise in revenues of 25.71% YoY to USD3.08Bn last year, while net profit down 38.98%.

Global uncertainty makes the performance of Chandra Asri Petrochemical, Tbk (TPIA IJ) is depressed. Through the year 2018, TPIA net profits were down 42.9% to USD181.65Mn of the previous year’s USD318.62Mn. Meanwhile, net income grew only 5.16% throughout the year 2018 to USD2.54Bn. President Director of Chandra Asri Petrochemical, Erwin Ciputra, reveals the year 2018.

Net profit Chandra Asri Petrochemical, Tbk (TPIA IJ) eroded despite the revenues increase. Until 3Q18, TPIA earnings worth USD1.96B, up 9.46% compared to the 3Q17. However, net profit thus down 30.22% compared to the first nine months of the year 2017. OSO Sekuritas Analyst, Sukarno Alatas revealed, until the end of the year TPIA performance.

Barito Pacific, Tbk (BRPT IJ) continued reduce the debt in order to erode the financial burden. Companies engaged in energy and petrochemical industry, is doing a prepayment or early payment towards their debt to the Bangkok Bank a number of USD250Mn. David Kosasih, Director of the BRPT said, this is a step of the company.

Chandra Asri Petrochemical, Tbk (TPIA:IJ) strives to develop a more integrated business sectors to downstream. One of them, the construction of the factory methyl-butyl ether (MTBE) and Butene-1 the first in Indonesia. Company estimates the cost used for MTBE and Butene-1 arpund USD114Mn or equivalent with IDR1.65Trn. Chandra Asri Increase its Production Capacity, amidst the.

Chandra Asri Petrochemical, Tbk (TPIA.IJ) complete the expansion project of the factory through its subsidiary, Petrokimia Butadiene Indonesia (PBI). This petrochemical company’s production capacity increase of 37% to 137,000 tons per year. Previously, Petrokimia Butadiene Indonesia’s capacity only 100,000 tons per year. Chandra Asri Complete its 137,000 Tons Butadiene Plant Expansion Project Chandra Asri Bonds.

Chandra Asri Petrochemical, Tbk (TPIA:IJ), through its subsidiary, Petrokimia Butadiene Indonesia has completed its expansion project. After going through the stages of shutdown or tie-in at the beginning of last March, the Butadiene factory operated back in early June with a new capacity of 137,000 tonnes per year, or the addition of 37% from the.

Barito Pacific, Tbk (BRPT:IJ) is planning to issue new shares as one of the fund alternatives for petrochemical factory development owned by Chandra Asri Petrochemical, Tbk (TPIA:IJ) in Cilegon. This factory needs USD4.5-5Bn investments, and the company plans to use equity and loans. However, the company will not conduct rights issue this year, as Chandra.

Barito Pacific, Tbk (BRPT:IJ) recorded USD697Mn in 1Q18 revenue from previously at USD635Mn in 1Q17. This is dominated by petrochemical stream that contributed to USD691.3Mn, followed by tank and dock leasing amounting to USD3.98Mn property leasing amounting to USD1.21Mn and wood industry amounting to USD1.05Mn. Barito Pacific Seeks USD1Bn Fund from Right Issue Petrochemical Business.

Barito Pacific, Tbk (BRPT:IJ) targets to get additional funding around USD700Mn – USD1Bn from right issue, which scheduled on January 22, 2018. The company will use the proceed for acquisition of Star Energy Group Holdings Pte Ltd, a geothermal company, amounting to USD775Mn. Petrochemical Business Support Barito Pacific Renewable Energy Investment Reached IDR11.74Trn in 10M17.