PT. Chandra Asri Petrochemical Tbk (PTCAY)
PT. Chandra Asri Petrochemical Tbk operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Jakarta, ID. The stock last traded at $8.00, up 0.00% on the session, giving a market capitalisation of $6.92B. On trailing twelve-month figures it carries a trailing P/E of 100.72, a net margin of 1.2%. Its beta of -0.12 implies it has historically moved less than the broad market.
PT. Chandra Asri Petrochemical Tbk, along with its various subsidiaries, functions as a comprehensive petrochemical enterprise with operations spanning Indonesia and Singapore. Its business activities are structured across several key segments: Olefin, Polyolefin, Styrene Monomer, Butadiene, Methyl Tertiary Butyl Ether & Butene-1, and also includes Tanks and Jetty Rental services. The company supplies a range of olefin products, including ethylene, propylene, mixed C4, pyrolysis gasoline, and pyrolysis fuel oil. Under its Asrene brand, it manufactures linear low-density (LLDPE) and high-density polyethylene (HDPE), which are utilized in diverse applications such as films, injection molding, blow molding, pipes, monofilaments, fishnets, tarpaulins, clean water pipes, jerry cans, cosmetic containers, food-grade bottles, agricultural films, and plastic packaging. Additionally, its Grene brand offers resins specifically formulated for eco-friendly products like shopping bags, compost bags, disposal bags, and bags on roll. Furthermore, its Trilene brand encompasses polypropylene products, including homopolymer, random copolymer, and impact copolymer. These find application in flexible packaging, household items, yarn, nonwoven bags, furniture, and components for both the automotive and electronics industries. The company also provides styrene monomer, a crucial precursor for materials such as polystyrene, expanded polystyrene, styrene acrylonitrile, acrylonitrile butadiene styrene (ABS), styrene butadiene rubber (SBR), styrene butadiene latex (SBL), and unsaturated polyester resin. These derivatives are then incorporated into products like shoe soles, drinking cups, food containers, automotive and electronic components, construction toys, and helmets. Moreover, it produces butadiene, essential for generating ABS, SBL, SBR, and polybutadiene rubber, which are critical for items like rubber boots, rubber gloves, shoe soles, adhesives, and sealants. Its manufactured goods are also distributed internationally through exports. Established in 1984, PT. Chandra Asri Petrochemical Tbk maintains its primary corporate office in Jakarta, Indonesia.
PT. Chandra Asri Petrochemical Tbk is most often compared with the following Basic Materials names: