Search result for: "TPIA"

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.

On the primary front, there are three new issuers offering bonds this week; i) Medco Energi, Tbk (MEDC IJ) (idA-/Neg) offering IDR750bn ii) Adira Dinamika Multifinance, Tbk (ADMF:IJ) (idAAA/Sta) targets IDR1trn issuance and iii) Chandra Asri Petrochemical, Tbk (TPIA:IJ, idA+/Sta) at IDR500bn. With these three bonds issuance, total corporate bonds this year will reach a.

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.

Leveling up the consumer boom Indonesia’s continuously robust economic growth with strong structural platform has translated to strong GDP growth and rising income levels that boosted demand for consumer product. Petrochemical industry that supplies chemicals products for packaging, construction, agriculture, textiles, electronics as well as consumer goods would be definitely a key beneficiary of the.

Synergy from the merger Chandra Asri Petrochemical (TPIA), which was recently formed early this year through a merger between Chandra Asri and Tri Polyta Indonesia, has become the largest integrated olefins and poly olefins producer in Indonesia, providing a distinctive edge by possessing the only naphtha cracker in Indonesia with an integrated set of downstream-chain.

Chandra Asri Petrochemical (TPIA) is an integrated petrochemical company as a result from a vertical merger of two affiliated petrochemical companies, PT. Chandra Asri and Tri Polyta, which are subsidiaries of Barito Pacific. The merger was effective on 1 January 2011. Embodied with its strong position of possessing the only naptha cracker in Indonesia, TPIA.