Chandra Asri Pacific Generates Significant Revenue from Equipment Sale

Transaction Details

PT Chandra Asri Pacific Tbk (TPIA), a prominent player in the petrochemical industry controlled by Indonesian tycoon Prajogo Pangestu, has successfully generated Rp 84 billion through the sale of various equipment to its subsidiary, PT Wastewater Solution Indonesia (WSI). The transaction was finalized on December 31, 2025, as disclosed in the company's information disclosure report released on January 5, 2026.

Assets Sold

The assets divested in this transaction included a range of critical equipment such as tanks, vessels, machinery, SKIDS, and other related equipment. This strategic divestment indicates TPIA's ongoing efforts to optimize its asset portfolio and potentially enhance operational efficiency.

Business Implications

This transaction demonstrates TPIA's active asset management strategy, which could have positive implications for the company's financial performance and operational streamlining. By divesting certain equipment to its subsidiary, TPIA may be able to focus on its core business activities while maintaining control over the assets through its subsidiary.

Market Context

As part of the Chandra Asri group, TPIA's financial maneuvers are closely watched by investors and industry analysts. This transaction adds to the financial narrative of the company, potentially influencing its stock performance on the Indonesia Stock Exchange.