Search result for: "Chandra Asri Petrochemical"

PT Chandra Asri Petrochemical, Tbk (TPIA IJ) officially announced the bond issuance worth USD300mn or equivalent to IDR4trn. This is reflected by the number of top global investor for bonds demand, with the demand reached its peach or USD3.4bn, or had.

PT Synthetic Rubber Indonesia (SRI), a tire fiber raw material factory, immediately realized. The process of the construction of the plants, is the result of a joint venture between PT Chandra Asri Petrochemical, Tbk (TPIA IJ) with tire manufacturer PT Michelin Indonesia was almost final or reached 93.5% in 3Q17. The process of a synthetic.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ) had approval from shareholders to break up the value of the shares or stock split. Approval obtained in the extraordinary general meeting shareholders on Monday, November 6, 2017. Company will stock split with a ratio of 1:5, this mean that the nominal value of the shares of Chandra.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ), is the largest and most integrated chemical player in Indonesia, intends to develop added value of the c4 mixed product to butadiene. The raw material is processed to make solution styrene butadiene rubber (SSBR) that would be absorbed tyre manufacturer. Therefore, company doing a joint venture with leading.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ), a subsidiary of PT Barito Pacific, Tbk (BRPT IJ), is successfully to raise fund from US dollar denominated bonds issuance. Company issued global bond worth USD300mn or equivalent with IDR4.05trn (exchange rate IDR13,500 per US dollar). The total incoming bid reach USD2.2bn, or oversubscribed 7.33 times, with coupon.

Moody’s Investor Service rated of Ba3 against the bonds that will be issued by PT Chandra Asri Petrochemical, Tbk (TPIA IJ). Company is plan to issue senior unsecured notes worth USD300mn, guaranteed by its subsidiary, namely PT Styrindo Mono Indonesia and PT Petrokimia Butadiene.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ), is the largest and most integrated chemical player in Indonesia, reported its net profit USD174.1mn in 1H2017, growth 32% compared to same period last year USD131.8mn. The increase of net profit, supported by company’s revenue which increase to USD1.19bn from USD882.1mn during that.

PT Chandra Asri Petrochemical, Tbk (TPIA IJ), is simply the largest integrated olefins and polyolefins producer in Indonesia, has successfully completed its rights issue worth IDR5.03trn. After this corporate action, company’s total outstanding shares increased by 279,741,494 shares became 3,566,704,052 shares, with public’s composition shares became.

Chandra Asri Petrochemical, Tbk (TPIA IJ), is the only company in Indonesia that possesses a naptha cracker, has signed an EPC (engineering, procurement, and construction) contract with Toyo Engineering Group. Its contract is for the construction of a new Polyethylene facility located in the Naptha Cracker complex in Cilegon, Banten. These new plant facility will.

Another disappointing quarter for Chandra Asri Petrochemical (TPIA) as the company book a loss IDR13bn in 3Q11 stemmed from higher COGS (+6% q-o-q) which offsets the company’s flat top line growth (+2% q-o-q), translating to a 66% q-o-q slump on gross profit. Our previous expected bottom line earning for 2011 was way above the company’s.