Prajogo Pangestu

About Prajogo Pangestu

Son of a rubber trader, Prajogo Pangestu got his start in the timber business in the late 1970s.

His company Barito Pacific Timber went public in 1993 and changed its name to Barito Pacific after cutting back on its timber business in 2007.

In 2007, Barito Pacific acquired 70% of petrochemicals firm Chandra Asri, which also trades on the Indonesia Stock Exchange.

In 2011 Chandra Asri merged with Tri Polyta Indonesia and became one of the country's largest integrated petrochemicals producers. In the same year Thaioil acquired a 15% stake in Chandra Asri.

After taking his coal mining firm Petrindo Jaya Kreasi public in 2023, Pangestu listed renewable energy arm, Barito Renewables Energy, later in the year.