PT Barito Pacific Tbk
Public Expose 2024
Impact Beyond Returns
October 2024
Strategic Overview
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Barito Pacific At Glance
Business Overview
Key Investment Highlights
Projects
Financial Updates
Environmental, Social, Governance
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1 | Barito Pacific At Glance |
- Group Structure
- Milestones
- Core Portfolios
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1 Barito Pacific At Glance
A. Group Structure
- Listed on the IDX since 1993
- Barito Pacific's largest shareholder is Prajogo Pangestu with a 71.19% stake as at 30 Jun 2024
Chemical &
Infrastructure
38.4% (1)
Energy
64.7%
Property and Others
100%
34.00% (2)
100%
- Indonesia's largest and only integrated petrochemical company. Operates a world scale naphtha cracker.
● One of the largest operators in Indonesia and in the world.
100%
Barito Wind Energy
100%51%
- 2,000 MW ultra supercritical coal-fired power project
- Consortium with PLN and
KEPCO
- Office complex (Wisma Barito Pacific 1 and 2) in Jakarta
- Operator of Integrated industrial park: 60 ha
- JV Patimban Industrial Estate
- Mambruk Anyer Resort
● 886 MW installed capacity
Sidrap I | Sukabumi Sidrap II | Lombok |
- Sidrap I 79MW operation
- Greenfield wind farm with potential capacity of 318MW
(1) | As at 30 Jun 2024. Direct 34.5% and indirect 3.9% | |
(2) | Indirectly though PT Barito Wahana Lestari ("BWL") | 5 |
and PT Barito Wahana Tenaga ("BWT") |
1 Barito Pacific At Glance
B. 40 years of National Development Contributions
1979
- Barito Pacific established
1993
- Barito Pacific go public
2011
- Chandra Asri and Tri Polyta merger
- SCG Chemicals Co. Ltd acquired 30.0% stakes on Chandra Asri
2021 | ||||||||
Chandra Asri | 2023 | |||||||
successfully | BREN IPO | |||||||
completes Rights | Establishing Barito | |||||||
Issue, Thai Oil as | Wind Energy and | |||||||
strategic partner on | subsequently | |||||||
CAP2 project (15%) | acquiring three | |||||||
greenfield wind farm | ||||||||
assets |
2007
- Acquired 70,0% PT Chandra Asri and subsidiaries, PT Styrindo Mono Indonesia
2008
- Acquired 77,93% PT Tri Polyta Indonesia Tbk
2018
- Barito Pacific Acquired
Star Energy - Signed PPA with PLN for Java 9 dan 10 (2 x 1,000MW)
2022
- Establishment of Barito
Renewables (BREN) - Green Consolidation through acquisition of additional stakes on WW, Salak, and Darajat
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1 Barito Pacific At Glance
C. Core Portfolios
1 Chemical & Infrastructure | 2 Energy | 3 Property |
Chemical
Integrated Petrochemical complex 4.2Mtpa Capacity
- Strategic Vital National Object
- Market Leadership in highly attractive Indonesia and SEA petrochemical market
Renewable Energy Power Plant
Geothermal Renewable Energy with 886MW capacity
- Baseload power
Wind Power Farm 79MW capacity
- The 1st wind farm in Indonesia
Office
- Office tower in CBD area of Jakarta
- Designed with Green Concept
Residential Exclusive residential with six cluster
- +/-50haof a land plot in Western Jakarta
- Soft launch in 2024
Infrastructure
120MW Combined Cycle
Renewable energy capability with solar power technology
~3,000lps
Water Treatment Facility
166,000DWT Jetty & Tank
Thermal Power Plant
2 x 1,000MW USC Coal-FiredPower Plant
- Ultra Supercritical Coal-Fired power project developed under a BOOT scheme
- Scheduled for COD in 2024 & 2025
Industrial
- Griya Idola Industrial Park: 110ha
- Patimban Industrial Estate
Hospitality
- Mambruk Hotel
- 153 bedrooms at +/- 7ha landscape
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2 Business Overview
- Chandra Asri's Portfolio
- Domestic Production Capacities
- Petrochemical Capacity Trajectory
- Portfolio of Renewable Energy
- Renewable Energy Capacity Trajectory
- Energy Operating Performance
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2 Business Overview
A. Chandra Asri's Portfolio
Leading chemical and infrastructure company, the largest integrated petrochemical producer, and operator of the country's only Naphtha Cracker, Styrene Monomer, Butadiene, MTBE, and Butene-1 plants. Supported by energy, water, and jetty & tank facilities, CAP is also developing a world-scaleChlor-Alkali - Ethylene Dichloride plant.
Petrochemical | |||
Chandra Asri's petrochemical streams: | |||
4.2Mtpa | Applicable products | ||
CA EDC |
Infrastructure
Chandra Daya Investasi (CDI)
Capacity | Construction | |
Ethelyn | Polyethylene | |
Styrene | ||
Monomer | ||
Propylene | Polypropylene | |
Naphtha | New Generation | |
Synthetic | ||
Rubber | ||
Metil Tert- | ||
Pygas | Butadiene | Butyl Ether |
(MTBE) |
Power | Water |
120MW | 200MW | ~3,000lps |
Minority interest | ||
Combined Cycle | water treatment | |
on KPE | ||
capacity |
Jetty & Tank
Combined: 166,000DWT
Tanks: 125 with total capacity of 648,000m3
Mixed C4 | Raffinate-1 | Butane-1 |
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2 Business Overview
B. Petrochemical Production Capacities in Indonesia
Capacity ('000 tons per year) | Others | Total | |||||||||
Ethylene | 900 | - | - | - | - | - | - | - | 900 | ||
Propylene | 490 | - | 625 | - | - | - | - | - | 1,115 | ||
LLDPE | 400 | 200 | - | - | - | - | - | - | 600 | ||
HDPE | 336 | 250 | - | - | - | - | - | - | 586 | ||
Polypropylene | 590 | - | 45 | 300 | - | - | - | - | 935 | ||
Ethylene Dichloride | - | - | - | - | 760 | 380 | - | - | 1,140 | ||
Vinyl Chloride Monomer | - | - | - | - | 875 | 130 | - | - | 1,005 | ||
Polyvinyl Chloride | - | - | - | - | 550 | 110 | - | 202 | 862 | ||
Ethylene Oxide | - | - | - | - | - | - | - | 240 | 240 | ||
Mono Ethylene Glycol | - | - | - | - | - | - | - | 220 | 220 | ||
Acrylic Acid | - | - | - | - | - | - | - | 140 | 140 | ||
Butanol | - | - | - | - | - | - | - | 20 | 20 | ||
2-Ethylhexanol | - | - | - | - | - | - | - | 140 | 140 | ||
Pygas | 418 | - | - | - | - | - | - | - | 418 | ||
Crude C4 | 330 | - | - | - | - | - | - | - | 330 | ||
Butadiene | 137 | - | - | - | - | - | - | - | 137 | ||
Benzene | - | - | 100 | - | - | - | 207 | - | 307 | ||
Para-Xylene | - | - | 270 | - | - | - | 500 | - | 770 | ||
Styrene | 340 | - | - | - | - | - | - | - | 340 | ||
Synthetic Rubber | 120 | - | - | - | - | - | 75 | 195 | |||
Methyl Tert-butyl Ether | 128 | 128 | |||||||||
Butene-1 | 43 | 43 | |||||||||
Total | 4,232 | 450 | 1,040 | 300 | 2,185 | 620 | 707 | 1,037 | 10,571 |
CAP offers the most diverse product range and is a dominant producer with market share of approximately 50%, 40%, and 32% of the domestic market
(including imports) in olefins, polyethylene and polypropylene respectively
Source: Company, ICIS, Nexant
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