20 September 2018, PT Styrindo Mono Indonesia (SMI) handover supports taking form as 4 sewing machines for Maju Terus Mangunreja Coop, donation for Mangunreja Village’s Community Center refinement, and socialization regarding the utilization of non-hazardous waste in Mangunreja Village Office Hall, Serang, Banten. These supports aimed to serve Maju Terus Mangunreja Coop who’s currently developing a business for dust cloth production and empowering the locals through community center refinement and socialization. SMI wish to lift up the locals’ living standards by providing these aids.
Tackling garbage problems can be started with simple initiatives ranging from disposing trash properly, sorting out the trash, up to implementing the reuse and recycle concepts. Concern with garbage problems, PT Chandra Asri Petrochemical Tbk encourages employees to participate in World Clean Up Day 2018 which falls under 15 September 2018. Not only becoming part of world’s largest clean-up movement that involve 350 million volunteers in 150 countries, Chandra Asri perceives World Clean Up Day 2018 as an opportunity to emphasize the importance of trash-sorting to people. Chandra Asri is also delighted to be part of 13 million Indonesian World Clean Up Day 2018 volunteers.
In 10 September 2018, PT Chandra Asri Petrochemical Tbk, held Extraordinary General Meeting of Shareholders (EGMS) with agenda of change in company's structure. The meeting was attended by board of commissioner and directors in Wisma Barito Pacific, Jakarta. Throughout the meeting, shareholders approved the changes in the composition of the Directors and Commissioners as previously proposed by SCG Chemicals Company Limited which represented 30.57% of the company's shares. Some agreed agendas were also the resignation letter of Mr. Piboon Sirinantanakul from his position as Director of the Company, appointment of Mr. Somkoun Sriwattagaphong as new Production Director/Manufacturing Director, resignation letter of Mr. Chaovalit Ekabut from his position as Commissioner of the Company, and appointment of Mr. Thammasak Sethaudom as Commissioner Company.
8 August 2018, PT Chandra Asri Petrochemical Tbk through its Corporate Social Responsibility program, dispatches humanitarian aid to Lombok earthquake survivors. The humanitarian aid are stored in Halim Perdana Kusuma Airport under Posko Bencana Gempa Lombok, the organizing committee for humanitarian aid, initiated by Indonesia National Arm Forces. Chandra Asri sends 300 blanket, 336 boxes of baby food and 960 pcs of diapers. These aids are expected able to lift the burden of the survivors who currently are on refuge. With deepest sympathy, our thoughts and prayers are with Lombok.
PT Chandra Asri Petrochemical Tbk succeed in scoring positive Wealth Added Index (WAI) through a recognized financial performance in Top 100 Indonesia’s Best Wealth Creator in SWA Magazine (SWA No.15, 26 July – 5 August 2018 Edition).
CAP is in the 8th place from 100 public listed company that are on SWA’s list for best wealth creators, or issuers with ability to return share price gains and dividends, more than its cost of equity, to its investors. This year’s ranking is based on 2017’s WAI, that is measured based on day-to-day share price change, throughout 2013 – 2016.
PT Chandra Asri Petrochemical Tbk enters the list of Indonesia’s Best Practice of Corporate University 2018, SWA Magazine version for Manufacturing & Processing category. Through this award, company’s learning and development system is believed to have integrate the ideal development methodology and implement the Learning Value Chain. This announcement is featured in SWA Magazine No. 11, 25 May – 5 June edition. CAP scored “good” in overall assessment, yet stand out for learning need analysis, learning design and learning delivery with “very good” score. This award certainly gives encouragement to CAP to make more achievement (continuous improvement principle) and to keep increasing our human resources’ capacities.
PT Chandra Asri Petrochemical Tbk affirms its commitment towards education through scholarship program for final-year students enrolled in the following 6 Universities; Universitas Gadjah Mada (UGM), Institut Teknologi Bandung (ITB), Institut Teknologi Sepuluh Nopember Surabaya (ITS), Universitas Sultan Ageng Tirtayasa (UNTIRTA), Politeknik Negeri Bandung (POLBAN) dan Politeknik Negeri Malang (POLINEMA). CAP Scholarship Program is awarded to best students who succeed the competitive selection process and with consideration on both financial needs and academic excellence. Through this scholarship program, CAP aspires to ease the awardees’ financial burden and encourage for more achievement in the future.
On 3 July 2018, PT Chandra Asri Petrochemical Tbk (CAP) with Ministry of Public Work and Public Housing (PUPR) inaugurate the implementation of asphalt plastic road within 6.372 m2 CAP’s Plant areal sited in Cilegon, Banten. This asphalt plastic program is part of CAP’s sustainability program and a form of support to government’s target to reduce plastic waste to 70% by 2025.
The Asphalt Plastic is made of common asphalt material but with a mix of cut-up plastic waste, type of High-Density Polyethylene (HDPE) that takes form of plastic bag. In order to cover the needs of cut-up plastic waste, CAP also work hand-in-hand with Indonesian Olefin, Aromatic and Plastic Industry Association (INAPLAS) and Indonesian Plastic Recycle Association (ADUPI).
Research conducted by Ministry of PUPR towards asphalt plastic trial in several cities, indicated that the addition of plastic component towards the asphalt mix could increase asphalt deformation resistance level, thus it is less prone to crack or more durable. Hence, the implementation of asphalt plastic is expected to be one of effective solutions toward plastic waste problem.
Following is announcement of medical test of CAP - ITS Scholarship Program 2018.