BREN and TPIA Expansion Drives Barito Pacific Business Prospects

PT Barito Pacific Tbk (BRPT) is expected to maintain strong performance prospects over the coming years, with primary support coming from two key operating subsidiaries: PT Barito Renewables Energy Tbk (BREN) in the renewable energy sector and PT Chandra Asri Pacific Tbk (TPIA) in petrochemicals.

Barito Renewables Energy operates Indonesia’s largest installed renewable energy capacity as of the 2024 financial year, with generating capacity reaching approximately 965 megawatts. The company’s target comprises approximately 1.9 gigawatts of geothermal generation and approximately 0.4 gigawatts of wind power generation capacity. The company is also developing new geothermal projects at several locations, including projects in the Hamiding region of North Maluku and South Sekincau in Sumatra.

PT Chandra Asri Pacific Tbk is Indonesia’s largest petrochemical producer, with annual production capacity reaching approximately 4.2 million tonnes in 2024. This volume represents approximately 40 per cent of total national petrochemical capacity. The facility has now been rebranded as Aster Chemicals and Energy. Strategic acquisitions have increased the group’s total annual production capacity to approximately 20 million tonnes starting in 2025. Chandra Asri is also constructing a Chlor Alkali Ethylene Dichloride plant in Cilegon, with the project targeted for completion in 2026.