Report
EUR 13.77 For Business Accounts Only

CHANDRA ASRI PETROCH. reduced its risk exposure resulting in an upgrade to Slightly Positive

CHANDRA ASRI PETROCH. (ID), a company active in the Commodity Chemicals industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 1 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date July 27, 2021, the closing price was IDR 8,800.00 and its potential was estimated at IDR 10,948.36.
Underlying
PT Chandra Asri Petrochemical Tbk

PT Chandra Asri Petrochemical is a petrochemical producer in Indonesia. Co. produces Olefins (Ethylene, Propylene and by-products, such as Py- Gas and Mixed C4), Polyolefins (Polyethylene, an Ethylene by-product, and Polypropylene, a Propylene by-product), Styrene Monomer and by-products such as Ethyl Benzene, Toluene and Benzene Toluene mixture, and Butadiene and by-product such as Raffinate. Co.'s Polyethylene resin is sold under the brand Asrene® which covers High Density Polyethylene (HDPE) and Linear Low Density Polyethylene (LLDPE) products. Co. also produces resin used for shopping bags under the Grene brand.

Provider
TheScreener
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