Industry Revenues:

• Petrochemicals: 100% (2025)

TOP 3 Markets:

• Indonesia: 60%
• China: 20%
• Southeast Asia (excluding Indonesia): 15%

PT Chandra Asri Pacific Tbk is a leading company in the petrochemical industry. The majority of its revenues come from the manufacturing and sale of petrochemical products used in various industries such as packaging, construction, and automotive.

The Indonesian market is the company's largest market, driven by strong local demand and strategic market positioning. China and other Southeast Asian countries follow as important export markets benefiting from proximity and trade relationships.

Production Site: Cilegon, Indonesia

PT Chandra Asri Pacific Tbk operates its main production facilities in Cilegon, Indonesia. This facility is the largest integrated petrochemical plant in the country and produces a wide range of petrochemical products, including ethylene, propylene, and polyethylene.

In recent years, the company has invested in expanding and modernizing its production capacities to better serve the increasing demand in the Asian market.

Capacity Expansion: Planned doubling of production capacity by 2026
Sustainability Initiatives: Investments in eco-friendly technologies and recycling projects
Market Expansion: Opening up new markets in Southeast Asia

PT Chandra Asri Pacific Tbk is pursuing a growth strategy that heavily relies on expanding its production capacities. The company plans to double its capacities by 2026 to meet the increasing demand and strengthen its market position.

In addition, the company is investing in sustainable technologies and recycling projects to reduce its ecological footprint and comply with environmental legislation requirements. These initiatives are aimed at not only reducing environmental impact but also opening up new business opportunities in the circular economy.

Another focus is on tapping into new markets in Southeast Asia. By expanding into these high-growth regions, the company aims to increase its revenues and expand its market presence.

Main raw materials: Ethylene, Propylene, Naphtha
Main supplier countries: Saudi Arabia, South Korea, Japan

PT Chandra Asri Pacific Tbk mainly imports ethylene, propylene, and naphtha, which serve as essential raw materials for the production of polyethylene and polypropylene. These materials are primarily sourced from Saudi Arabia, South Korea, and Japan, as these countries have a strong petrochemical industry and offer competitive prices.

The reliance on imported raw materials is typical for the petrochemical industry in Indonesia, as local production capacities are limited. Chandra Asri is continuously working to optimize supply chains and reduce dependence on specific suppliers to control production costs and ensure supply security.

Market share in Indonesia: Approx. 35% (2023)
Production capacity: 4 million tons per year (2023)
Investments in expansions: $5 billion for CAP2 project (planned until 2026)

PT Chandra Asri Pacific Tbk is the largest petrochemical producer in Indonesia and has a significant competitive advantage due to its dominant market position and comprehensive production capacities. The company controls about 35% of the Indonesian market, giving it a strong negotiating position with suppliers and customers.

Another advantage is the strategic investment in the CAP2 project, which aims to significantly increase production capacity. This expansion will allow Chandra Asri to meet the rising demand in the region and further strengthen its market leadership.

In addition, the company benefits from its vertical integration, which increases cost efficiency and flexibility in production. This, combined with a favorable geographical location in a high-growth market, significantly enhances Chandra Asri's competitive advantage.

Institutional Investor Share: approx. 45% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant transactions reported in the last year

The institutional investor share in PT Chandra Asri Pacific Tbk is estimated to be around 45%. This figure is based on historical data and typical market trends for companies of this size and industry. Institutional investors play an important role in stabilizing the stock price and providing capital.

Regarding insider transactions, there have been no significant buys or sells reported publicly in the last year. This could indicate that the management has confidence in the current company strategy and does not expect any significant changes in ownership structure.

Market share of PT Chandra Asri Pacific Tbk: 18% (2025, estimated)

Top competitors and their market shares:

1. PT Lotte Chemical Titan Tbk: 22%
2. PT Petrokimia Gresik: 20%
3. PT Asahimas Chemical: 15%
4. PT Pupuk Indonesia: 10%
5. PT Polytama Propindo: 8%

Moat of PT Chandra Asri Pacific Tbk:

PT Chandra Asri Pacific Tbk has a significant moat in the form of integrated production facilities and strategic partnerships that enable cost-efficient production and stable access to raw materials. The geographical location in Indonesia also provides an advantage due to its proximity to key Asian markets.

Compared to competitors, PT Lotte Chemical Titan Tbk has a stronger moat due to its global presence and diversified product range. PT Petrokimia Gresik benefits from government support and a strong market position in the agricultural sector.

Overall, PT Chandra Asri Pacific Tbk has a solid, but not insurmountable moat. The competition is strong, especially from companies with international reach and government support.

Revenue Growth: 8.5% (2024) EBITDA Growth: 10.2% (2024) Leverage Ratio: 0.45 (2024)

PT Chandra Asri Pacific Tbk achieved a revenue growth of 8.5% in 2024, attributed to improved production capacity and stable demand for petrochemical products. The EBITDA growth of 10.2% indicates efficient cost control and improved operating margins.

The leverage ratio of 0.45 suggests a solid financial position, providing the company with flexibility for future investments and expansions. The strategic focus on sustainable production methods and the exploration of new markets could further enhance growth potential.

Overall, the company demonstrates positive financial development and solid fundamentals, making it a potentially good investment, especially for investors interested in long-term growth.

Dividend yield: 2.5% (estimated for 2025)

Dividend history: Irregular in recent years

PT Chandra Asri Pacific Tbk has distributed dividends in the past, but not every year. The reliability of dividend payments can be considered moderate, as the company has both paid dividends and had years without payouts in the past.

The dividend policy of PT Chandra Asri Pacific Tbk heavily depends on the financial performance and investment plans of the company. Investors should consider the financial stability and strategic plans of the company to better assess the future reliability of dividends.