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12 - 10- 2021

12 - 10- 2021

Chandra Asri and Aramco Trading Company Sign MoU to Secure Feedstock for Chandra Asri’s Second Petrochemical Complex

Chandra Asri and Aramco Trading Company Sign MoU to Secure Feedstock for Chandra Asri’s Second Petrochemical Complex
12-10-21

Chandra Asri and Aramco Trading Company Sign MoU to Secure Feedstock for Chandra Asri’s Second Petrochemical Complex

On 12 October 2021, PT Chandra Asri Petrochemical Tbk through its subsidiary PT Chandra Asri Perkasa and Aramco Trading Company (ATC) signed a memorandum of understanding (MoU) looking at potential opportunities for ATC in supplying feedstock to support the operations of Chandra Asri Perkasa, Chandra Asri’s second world-scale petrochemical complex. The signing was conducted virtually by the President Director of Chandra Asri, Erwin Ciputra, and the Chief Executive Officer of ATC, Ibrahim Albuainain.

Chandra Asri and ATC hope the MoU will lead to long-term collaboration between the two businesses in ensuring the availability of feedstock for the Chandra Asri Perkasa cracker facility.

05 - 10- 2021

05 - 10- 2021

USD 250 Million Balloon Payment Facility from BNI for Chandra Asri’s Business Expansion and Growth

USD 250 Million Balloon Payment Facility from BNI for Chandra Asri’s Business Expansion and Growth
05-10-21

USD 250 Million Balloon Payment Facility from BNI for Chandra Asri’s Business Expansion and Growth

PT Chandra Asri Petrochemical Tbk and PT Bank Negara Indonesia (Persero) Tbk signed a financing facility agreement using a new term loan scheme with balloon payments with a total value of USD 250 million or around IDR 3.5 trillion (using an exchange rate of IDR 14,310 per US Dollar) on 5 October 2021.

This financing scheme is divided into two facilities. First, the Term Loan 1 facility with a maximum of USD 150 million is used to finance bond buybacks and refinancing the company's existing debt with a tenor of seven years. Second, the Term Loan 2 facility with a maximum of USD 100 million, to finance the pre-operation necessities of the second global petrochemical complex (Chandra Asri Perkasa) with a ten-year tenor.

28 - 09- 2021

28 - 09- 2021

Chandra Asri Successfully Wins Subroto Award in the Field of Energy Efficiency 2021

Chandra Asri Successfully Wins Subroto Award in the Field of Energy Efficiency 2021
28-09-21

Chandra Asri Successfully Wins Subroto Award in the Field of Energy Efficiency 2021

On 28 September 2021, PT Chandra Asri Petrochemical Tbk, represented by the Puloampel Site Office, won the 2021 Subroto Energy Efficiency Award organized by the Ministry of Energy and Mineral Resources. The awarding night was held virtually, coinciding with the 76th Mining and Energy Day.

Chandra Asri SO Puloampel is considered successful in carrying out special innovations in the Energy Management category in Industry and Building for the project "Energy Saving in Coal Boiler Operations with Innovations in Economizer & Air Preheater and Optimization of Coal Procurement with an Acceptance Ratio of 70% Fine and 30% Nut".

In this event, Minister of Energy and Mineral Resources Arifin Tasrif said that the Subroto Award is the highest in the energy and mineral resources sector given to stakeholders who have performed the best.

28 - 09- 2021

28 - 09- 2021

WARNING ANNOUNCEMENT OF A WEBSITE USING CHANDRA ASRI'S INFORMATION AND IMAGES

WARNING ANNOUNCEMENT OF A WEBSITE USING CHANDRA ASRI'S INFORMATION AND IMAGES
28-09-21

WARNING ANNOUNCEMENT OF A WEBSITE USING CHANDRA ASRI'S INFORMATION AND IMAGES

In connection with the input from stakeholders regarding several websites that take data from Chandra Asri's official website such as images and videos, we urge the entire community to be careful in receiving information from these irresponsible parties.

Based on this, the management of PT Chandra Asri Petrochemical Tbk announces that the official website of the Company, including our subsidiaries, can only be accessed at https://www.chandra-asri.com/. We DO NOT have any other website that uses the name of a certain Limited Liability Company (PT) as a representation of our Company.

Chandra Asri is not responsible for material or immaterial losses suffered by the injured parties in connection with the misuse of data or information by such third parties. Therefore, we suggest that if the public gets a website outside the official Chandra Asri website that uses Company information, data, images, and videos, they can confirm it with us first by sending an email to corporate.comm@capcx.com

Thus, we convey this announcement to the attention of interested parties.

 

Jakarta, 28 September 2021

 

Management

PT Chandra Asri Petrochemical Tbk

23 - 09- 2021

23 - 09- 2021

Protection of Biodiversity at Kehati Asri Conservation

Protection of Biodiversity at Kehati Asri Conservation
23-09-21

Protection of Biodiversity at Kehati Asri Conservation

Biodiversity is one of the important factors in the life and stability of ecosystems. Understanding the importance of managing the impact of its operational activities in the petrochemical sector, PT Chandra Asri Petrochemical Tbk is always committed to continuing to implement the Company's policies regarding Occupational Health & Safety, Environment, Quality, and Energy Management Systems in order to protect the environment. Through this policy, the Company also strives to prevent pollution, mitigate climate change, optimize the use of sustainable resources, and maintain the diversity of the surrounding ecosystem.

In the implementation of biodiversity protection, Chandra Asri has policies to support Environmental, Social & Governance (ESG) initiatives as well as special policies that have been directly approved and supported by the President Director. The policy is implemented by establishing the initial site for biodiversity conservation with the name Kehati Asri which is located in Gunung Sugih Village, Ciwandan District, Cilegon City. Through the maintenance of the Kehati Asri, the Company strives to continue to conduct an inventory of flora and fauna diversity.

Based on the Flora and Fauna Diversity Status Data of Kehati Asri in 2021, there are a total of 406 plants with 35 types of plants spread over an area of 7500 m2. This number increased compared to 2018 where there were only 324 plants and 23 types of plants on this land. As for the various animals released in the Kehati Asri, including 14 Javanese Bondol, 5 Cow Swallows, 2 Water Lizards, 4 Park Chameleons, 1 Garangan, and various other animals.

With the increase in the number of plants, types of plants, and animals in the Kehati Asri, the diversity of flora and fauna in the Kehati Asri continues to increase every year. Based on the 2021 Kehati Asri Diversity Index Graph, the flora diversity index has increased at 2.89. While the faunal diversity index was at 2.06 for the Aves family, 1.63 for the Herpetofauna family, and 1.1 for the Mammal family. Chandra Asri remains committed to continuing to increase this biodiversity index as a step to contribute to building a balanced ecosystem.

21 - 09- 2021

21 - 09- 2021

Safety Inspector Training Program for Mangunreja Village Community

Safety Inspector Training Program for Mangunreja Village Community
21-09-21

Safety Inspector Training Program for Mangunreja Village Community

As the Company's participation in improving the welfare and education of the community around the operational area, PT Chandra Asri Petrochemical Tbk held a Safety Inspector training program for the young generation in Mangunreja Village, Pulo Ampel, Serang. This Corporate Social Responsibility program which is engaged in Occupational Health and Safety (OHS) is carried out for 10 days, from 8 September to 21 September 2021.

The implementation of the Safety Inspector training which has been held since 2016 aims to increase the knowledge of the young generation in the field of OHS supervision to support government programs to make Indonesia an OHS culture.

17 - 09- 2021

17 - 09- 2021

Implementing the Best Solutions to Overcome SDGs Problems, Chandra Asri Wins ISDA 2021 Awards

Implementing the Best Solutions to Overcome SDGs Problems, Chandra Asri Wins ISDA 2021 Awards
17-09-21

Implementing the Best Solutions to Overcome SDGs Problems, Chandra Asri Wins ISDA 2021 Awards

PT Chandra Asri Petrochemical Tbk continues to contribute solutions to social, environmental problems, health, and nature conservation. This is following the sustainable development goals (SDGs). Chandra Asri's positive contribution received many appreciations from the 2021 Indonesia Sustainable Development Goals (ISDA) Award. The award was held at the JS Luwansa Hotel, Jakarta on 17 September 2021.

Chandra Asri is considered to be one of the companies that have Top Leadership. In addition, Chandra Asri also received The Most Committed Corporate for SDGs on Environment for his contribution to the environment through CSR programs in the environmental pillar.

When carrying out corporate responsibilities, Chandra Asri is committed to three principles: People, Planet, Profit by adopting an Environment, Social, and Governance (ESG) approach. Starting a sustainable business journey, Chandra Asri continues to improve performance and create a harmonious life with the surrounding community and environment.

Photo Source: JPNN.com

15 - 09- 2021

15 - 09- 2021

Chandra Asri Successfully Completes Rights Issue of IDR15.5 Trillion

Chandra Asri Successfully Completes Rights Issue of IDR15.5 Trillion
15-09-21

Chandra Asri Successfully Completes Rights Issue of IDR15.5 Trillion

On 15 September 2021, PT Chandra Asri Petrochemical Tbk has successfully completed its Pre-Emptive Rights Issue, the Limited Public Offering III which has obtained an effective statement from the Financial Services Authority (Otoritas Jasa Keuangan). All new shares issued was fully subscribed and the Company has successfully raised additional capital of IDR15.5 Trillion or USD1.1 Billion, to close one of the largest rights issue ever done in the Indonesia Stock Exchange to date.

After the rights issue, the Company's total outstanding shares increased by 3,794,366,013 shares (from 17,833,520,260 to 21,627,886,273 shares). The composition of public shares is approximately 8.2%, fulfilling the free-float requirements of the Indonesia Stock Exchange. The standby buyer underpinning the successful transaction was PT TOP Investment Indonesia, a subsidiary of Thai Oil Public Company Limited (Thaioil), the flagship refiner of PTT Public Company Limited (PTT).

13 - 09- 2021

13 - 09- 2021

Chandra Asri Provides Scholarships to 6 Outstanding Students

Chandra Asri Provides Scholarships to 6 Outstanding Students
13-09-21

Chandra Asri Provides Scholarships to 6 Outstanding Students

To support Indonesia's young generation, on 13 September 2021, PT Chandra Asri Petrochemical Tbk provided scholarships for Diploma (D3) and Undergraduate (S1) levels for six outstanding students around the operational area.

Those who were selected have been accepted as students, there are D3 Electronic Engineering Study Program in PGRI Banten Polytechnic, S1 Management Study Program in Untirta Serang, S1 Industrial Engineering Study Program in UNSERA Banten, S1 Islamic Civilization History Study Program in UIN SHM Serang, and S1 Informatics Engineering Study Program in UNSERA Banten.

Chandra Asri hopes that providing this educational scholarship can prepare students to face real work in the future, with the pieces of knowledge obtained during lectures. So that they are also ready to contribute to the family and society.

09 - 09- 2021

09 - 09- 2021

Chandra Asri Holds Community Awareness Activities in Purwakarta District

Chandra Asri Holds Community Awareness Activities in Purwakarta District
09-09-21

Chandra Asri Holds Community Awareness Activities in Purwakarta District

To increase the effectiveness of disaster management, especially related to the Company's gas pipeline, PT Chandra Asri Petrochemical Tbk held a routine Community Awareness activity on 9 September 2021 for the community in Purwakarta District. This activity is the third implementation carried out in 2021, after previously being held in Mangunreja District and Ciwandan District. This activity aims to provide residents with an understanding of the Company's gas pipelines that are close to their settlements and also provide insight into disaster mitigation.

Held at the Purwakarta Village office, this Community Awareness activity also presented three new materials to the surrounding community, including B3 and Non-B3 Waste Management, Community Water Resources Management, and Community Energy Resource Management and Emission Reduction. These materials are a form of Corporate Shared Value provided by the Company to the public.