Chandra Asri, ID1000090301

Chandra Asri completes CA-EDC deal: what it means for Chandra Asri stock

Published on 10/16/2026 at 11:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
CA-EDC targets 900 KTA and 2027 operations. For Chandra Asri stock, first-half revenue rose 83.59 percent to USD 5.35 billion.

Project and earnings context

  • Chandra Asri completed the CA-EDC investment transaction on October 16, 2026, covering 900 KTA of planned capacity.
  • First-half 2026 revenue rose 83.59 percent to USD 5.35 billion while attributable profit fell 77.53 percent.
  • Chandra Asri stock was last at IDR 1,205.00 at 4:04 p.m. WIB on October 16, 2026, on IDX.
Chandra Asri, ID1000090301, Illustration mit AI erstellt.

Chandra Asri (ID1000090301) completed its strategic CA-EDC investment transaction on October 16, 2026, for a plant designed for 400 KTA of soda caustic and 500 KTA of ethylene dichloride, according to Kabar Bursa. The project had reached 80 percent construction progress by September 2026 and is targeted to begin commercial operations in 2027.

Why does CA-EDC mean more capacity?

The project gives Chandra Asri a quantified expansion path in basic chemicals. Its planned 900 KTA capacity combines 400 KTA of soda caustic with 500 KTA of EDC, while the company expects 3,000 construction jobs and 250 permanent operating positions, according to Kontan. The commercial start in 2027 therefore marks an operating milestone rather than a short-term earnings figure.

Three milestones carry figures

On October 12, 2026, Chandra Asri prepared IDR 266.95 billion for a bond maturity, according to DailyIHSG. On October 14, 2026, it announced cooler boxes for 200 fishing facilities in Papua, as Kontan reported. On October 16, 2026, the company completed the CA-EDC investment transaction, making the 900 KTA project the newest dated milestone.

Revenue rose as profit fell

Chandra Asri's first-half 2026 revenue increased 83.59 percent year over year to USD 5.35 billion, while profit attributable to parent-company owners fell 77.53 percent to USD 283.24 million from USD 1.26 billion in the first half of 2025, according to Databoks. The contrast puts project execution alongside weaker reported profitability.

Dates for capacity and jobs

The next stated operating date is 2027 for commercial CA-EDC production, while the workforce expansion is planned through 2028, according to Kabar Bursa.

IDX quote and valuation

Chandra Asri stock was last at IDR 1,205.00 on IDX on October 16, 2026 at 4:04 p.m. WIB, with the market closed. The same date shows a 52-week range of IDR 1,205.00 to IDR 7,875.00 and market capitalization of IDR 104.2 trillion.

Chandra Asri stock facts

  • Company: PT Chandra Asri Pacific Tbk
  • ISIN: ID1000090301
  • Ticker: TPIA.JK
  • Primary exchange: IDX
  • Price on IDX (as of October 16, 2026, 4:04 p.m. WIB): IDR 1,205.00
  • Market capitalization: IDR 104.2 trillion (as of October 16, 2026)
  • 52-week range: IDR 1,205.00-IDR 7,875.00 (as of October 16, 2026)
  • Sector: Materials

Market context: Market report IDX Composite.

More news and analyses on Chandra Asri stock

Disclaimer...
en | ID1000090301 | CHANDRA ASRI | boerse | 70339051 | bgmi