Bisnis.com, JAKARTA — Escalating tensions between Iran and the United States (US)–Israel, which have disrupted the flow of raw materials across the petrochemical supply chain, have put PT Chandra Asri Pacific Tbk under mounting pressure.

The petrochemical producer, trading under the ticker TPIA and controlled by tycoon Prajogo Pangestu, has issued a force majeure notice to its business partners.

Bisnis.com, JAKARTA — Shares of PT Chandra Asri Pacific Tbk. (TPIA), the flagship petrochemical enterprise of conglomerate Prajogo Pangestu, have gone higher over the past month, buoyed by two major acquisitions the company has recently pursued.

On Tuesday (12/9/2025), TPIA traded 2.36% lower at Rp7,225 per share as of 3:30 p.m. Even so, the price still reflects a 2.48% gain over the past month, though it remains down 3.67% on a year-to-date (YtD) basis.

Bisnis.com, JAKARTA — The share price trend of PT Chandra Asri Pacific Tbk. (TPIA) has remained in negative territory over the past six months, while posting only a slight year-to-date (YtD) gain as of Wednesday (19/11/2025).

According to data from the Indonesia Stock Exchange (IDX), shares of TPIA, controlled by conglomerate Prajogo Pangestu, settles at IDR 7,400 per share on Wednesday (11/19/2025) at 09:30 a.m. Jakarta time, after opening at IDR 7,600 per share.