Video: Plastic Issuer's Complaint: War Causes Raw Material Prices to Rise 100%

The rise in global crude oil prices and disruptions to energy supply chains due to tensions in the Middle East have affected the petrochemical sector and its derivatives, including the plastics industry. Pujihasana Wijaya, President Director of PT Berlina Tbk (BRNA), stated that BRNA, an issuer producing plastic packaging, requires plastic resin raw materials derived from petroleum processing and is feeling the impact of the Iran versus US-Israel war volatility. BRNA, which produces plastic packaging, still relies on absorption by the FMCG (Fast Moving Consumer Goods) industry, which is quite defensive against war volatility, thus able to support BRNA’s business performance. Currently, the increase in plastic raw material prices has reached 40-100%, while the portion of raw materials in production costs has reached 50%, so when there is a 100% increase in raw materials, a price increase cannot be avoided. To support the continuity of the industry, plastic packaging producers still need government support regarding regulatory uncertainties, continuously changing consumer expectations amid sustainability trends and environmental issues. What is the impact of the raw material price increase on plastic packaging producers? For more details, watch the dialogue between Shafinaz Nachiar and Pujihasana Wijaya, President Director of PT Berlina Tbk (BRNA), in Closing Bell, CNBC Indonesia (Wednesday, 15/04/2026).