On 22 December 2018, tsunami hit the coastal region of Anyer and Banten. In response to the disaster, PT Chandra Asri Petrochemical Tbk's employees swiftly collect donations to support pressing needs in the impacted area. The CSR team went directly to impacted locations, assessed the tsunami’s survivor needs, distribute staple needs such are food, hygiene kit, baby and toddler needs and medicines. Hoped this assistance can ease the burden and provide support to help the Anyer and Banten civilians reorganize their life after this disaster.
On 27 December 2018 PT Styrindo Mono Indonesia (SMI), a subsidiary of PT Chandra Asri Petrochemical Tbk, received Green category for Corporate Performance Rating Program in Environmental Management (PROPER) in Bidakara, Jakarta. This award was handed-over by Ibu Siti Nurbaya Bakar, Minister of Environment and Forestry Republic of Indonesia to Bapak Syafri Rustam, GM Styrene Production SMI. The green category of PROPER received by SMI is an improvement from Blue category attained in 2017. This year PROPER evaluation resulted with 155 out of 1906 companies awarded with green category. SMI will continue to maintain and improve this achievement and committed to preserve environment through water conservation, energy efficiency, emission reduction, waste management and further contribute to biodiversity.
PT Chandra Asri Petrochemical Tbk would like to extend the deepest condolences to those affected by the tsunami which occured in Anyer and Lampung, on Saturday, 22 December 2018, at 21.27 local time. The company would like to let you know that the plant is operating as normal. Some of the plant facilities sustained a minor injury.
There is no casualty or injury to our employees. As of now, the company continues to gather information of all employees and monitor the development in the plant and the immediate areas.
The company is committed to help those affected in Anyer to rebuild their lives in the aftermath of the disaster. Sending prayers for all of us.
On 21 December 2018, PT Chandra Asri Petrochemical Tbk’s school assistance, SMAN 5 Cilegon was successfully selected as the National Adiwiyata School. The award was held at the Ministry of Environment and Forestry (KLHK) and was opened by the Minister of Environment and Forestry, Madam Siti Nurbaya Bakar. The awarding of a total of 279 national and independent adiwiyata schools were represented by Mr. Bambang Hendroyono as Secretary General of the Ministry of Environment and Forestry (LHK) and accompanied by the Ministry of Education and Culture. Chandra Asri has been accompanying the journey of SMAN 5 Cilegon since the beginning of 2013. With this award, it is also a sign of the company's commitment to continue to support the improvement of the quality of education in Cilegon.
On 17 December 2018, PT Chandra Asri Petrochemical Tbk signed Export Credit Facility agreement with Japan Bank for International Cooperation (JBIC) and BNP Paribas (Tokyo Branch) for 8 years duration. Nippon Export and Investment Insurance (NEXI) will provide insurance protection for tranches from BNP Paribas (Tokyo Branch).
This facility will be used to finance the construction of a new 400 KTA polyethylene plant which will increase the company’s total PE production into 736 KTA. Later, this new plant will produce High Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), and Metallocene LLDPE (mLLDPE). The operation of the new PE plant will be expected to become a new supply of domestic PE products, whose demand is estimated to reach around 1.4 million TPA and tend to increase along with economic growth.
Teachers hold very important part in the survival of civilization, due to their prominent role in passing down education from generation to generation. PT Chandra Asri Petrochemical Tbk is committed to improve education quality in Banten district. Therefore the company cooperate back with Yayasan Surya Institute to provide training for Junior Highschool Mathematic & Physic Teachers in Serang District. This Batch 2 training held throughout 10 - 14 December 2018 in Hotel Grand Mangku Putra Cilegon, with 130 teachers as participants from 65 Junior High School.
On 13 December, 2018, PT Chandra Asri Petrochemical Tbk along with volunteers from employees, assisted final stage construction of PAUD Widuri. This activity is the continuation from the groundbreaking and its initial phase of construction that held on 23 October. Located in Kelurahan Kubang Welut, Kecamatan Ciwandan, the building that has been fixed for approximately three months, has begun to appear in shape. Two classrooms, one teacher's room, and several playground facilities have been built in front of PAUD Widuri.
Together with Happy Hearts Fund Indonesia, the volunteers helped each other to paint PAUD Widuri buildings. The inner walls of the classroom, the outer walls of the classroom, and the playground area are the target of painting by volunteers from 9am to around 1pm.
The help from volunteers to finish the final stage of construction is expected to increase enthusiasm and optimism of PAUD Widuri students and teachers in the learning process, hence would improve the quality of education in Cilegon.
On 12 December 2018 PT Styrindo Mono Indonesia (SMI), subsidiary of PT Chandra Asri Petrochemical Tbk, received Green Industry 2018 award in Ministry of Industry Republic of Indonesia, Jakarta. The Green Industry award is part of Ministry of Industry program which been held annually since 2010. This time, the award aimed to motivate manufacturing industry to increase more activity relating to circular economy. For the last three years in a row, SMI received the level 5 award, that is the highest level in Green Industry award. The Green Industry 2018 award was handed-over directly by Bapak Airlangga Hartarto, Minister of Industry Republic of Indonesia to Bapak Syafri Rustam, GM Styrene Production SMI.
On 11 December 2018, PT Chandra Asri Petrochemical Tbk held seminar “Innovative Polyethylene for Rotomolding and Wire-Cable to Support Indonesia’s Infrastructure Sector” in Ayana Midplaza, Jakarta. Also inviting Bapak Taufik Bawazier, Director of Downstream Chemistry, Indonesian Ministry of Industry and Bapak Noval Jamalullail, President of Indonesian Association of Power Cable Plant (APKABEL), this seminar also serve as product launching of Chandra Asri’s Asrene UR3840V (Rotomolding) & Asrene UC1827 (Wire-Cable).
After going through development phase for the past 1-2 years, Asrene UR3840V & Asrene UC1827 is officially launched, due to strong support from government and customers. This new product line was prepared for the capacity expansion of Polyethylene Plant, that will be ready to operate by 2019, and to cater the needs of raw material from domestic industry player, to support nation’s infrastructure sector.
On 10 December 2018, PT Chandra Asri Petrochemical Tbk received the Good Corporate Governance (GCG) Award in The 10th IICD Corporate Governance Award 2018 for the Top 50 Big Capitalization Public Listed Company category. This year’s theme is Bringing About CG Changes: Opportunities and Challenges for Directors. It’s an appreciation ceremony from the Indonesian Institute for Corporate Directorship (IICD) to public companies deemed to be committed to running GCG. This is the fourth time the Company received the award. Previously, the Company was included in the list of preferred companies that received GCG Award for Top 50 Biggest Market Capitalization Public Listed Companies (2017), Top 50 Public Listed Company (2016 and 2015) and The Best Improved (2015) categories.