Chandra Asri Group has successfully received recognition in the Environmental Performance Rating Program (PROPER) 2023 from the Ministry of Environment and Forestry of the Republic of Indonesia. The Ciwandan petrochemical plant was awarded the Gold predicate, while the Pulo Ampel petrochemical plant received the Green predicate. The Gold predicate was granted in recognition of the company's achievements in eco-innovation, creative solutions, and sustainability. On the other hand, the Green PROPER predicate is a result of the company's efforts in surpassing the required regulatory standards.
The Chandra Asri Group's Ciwandan plant has produced environmentally friendly products that are included in the Swadeklarasi Eco-Label for HDPE and PP products. The company has also implemented innovative changes in components that have increased production and supported energy savings in the Polyethylene Plant reactor system, resulting in a reduction of 4,855,947.073 tons of CO2eq Global Warming Potential (GWP) and an energy efficiency improvement of 12,470.40 GJ. In social aspect, Chandra Asri Group, in collaboration with fishermen, local communities, and the Anyar Village Government, has upgraded community empowerment programs in waste management.
Meanwhile, for the Chandra Asri Group's plant in Pulo Ampel, which successfully maintained the GREEN PROPER predicate, it has produced environmentally friendly products, particularly Styrene Monomer with a waste reduction claim category. The technology employed enables the minimization of waste generated.
Sinar Mas Land and Chandra Asri Group inaugurated the results of their collaboration in building plastic-mixed asphalt roads in BSD City on Wednesday, December 13, 2023. The development of this circular economy-based infrastructure has been started since 2021 in the BSD City area. During this ceremony, the two companies successfully completed the construction of an 8.6-kilometer stretch of asphalt road. The collaborative achievement between Sinar Mas Land and Chandra Asri Group also marks BSD City as the first township in Indonesia to utilize plastic asphalt.
The plastic asphalt road in BSD City is equivalent to utilizing 164.2 million plastic bags or diverting 410.57 tons of plastic bag waste from the landfill. Chandra Asri Group remains committed to addressing plastic waste issues through a circular economy concept. One of our efforts is to initiate the use of plastic waste as a mix for asphalt through a multi-stakeholder collaboration approach, in line with our commitment at the Our Ocean Conference 2018 to implement 100 kilometers of plastic asphalt by 2023.
Chandra Asri Group, Indonesia’s leading chemical and infrastructure solutions company, has secured an investment of US$194 million from Electricity Generating Public Company Limited or EGCO Group (EGCO), a leading independent power producer in Thailand. Following completion, EGCO will hold a 30% stake in Chandra Asri Group’s subsidiary, PT Chandra Daya Investasi (CDI), a special purpose vehicle dedicated for infrastructure solutions.
EGCO Group has been selected as Chandra Asri Group’s chosen partner to support the exponential growth of Chandra Asri Group’s infrastructure business, after a robust and comprehensive strategic investor selection process. This collaboration marks a significant milestone for both companies, combining Chandra Asri Group's expertise in the chemical and infrastructure sector with EGCO's proficiency in power and energy solutions.
Chandra Asri Group will continue to retain a controlling 70% stake in CDI. The net proceeds raised will be used for the development of Chandra Asri Group and EGCO’s infrastructure business, which comprises of energy, water and port facilities.
In order to achieve sustainable waste management, Chandra Asri, in collaboration with the Cilegon City Environmental Agency (DLH), is implementing the concept of a circular economy at the school level in Cilegon City. The collaboration is marked by the signing of a cooperation agreement, in which both parties agree to conduct waste sorting education at the schools in Cilegon City. The activities began with the implementation of a pilot project for waste management education at SMP 5 Cilegon. In this initiative, Chandra Asri also partnered with the Digital Waste Bank to support the implementation of the circular economy concept.
The collaboration between Chandra Asri and DLH Cilegon is expected to drive circular economy-based waste management to be replicated more widely, allowing for the management of a greater amount of waste, especially plastic waste. This initiative will also integrate the waste management facilities of the company, namely the Integrated Waste Management Industry - Overcome Waste, Manage Independently (IPST ASARI). The sorted waste at schools will be processed at IPST ASARI to produce fuel equivalent to kerosene, diesel, and gasoline, referred to as PLUSRI.
Chandra Asri Group supports the national strategic project, the The Cirata Floating Solar PV Plant (PLTS), in fulfilling the Domestic Content Level (TKDN). The company provides raw material for floats for the Cirata Floating PLTS solar panel system using Chandra Asri Group's HD Blow UB5206H resin.
Floaters provide the necessary buoyancy for the solar panels to float on the water's surface. Additionally, they assist in preventing the solar panels from sinking, adapting to changes in water levels, and maintaining stability to prevent the solar panels from tipping over or flipping. The Floating Solar PV Plant that occupies over a 200-hectare reservoir is the first utility-scale project in Indonesia and the largest in Southeast Asia, with a capacity of 192 MWp. The Cirata Floating Solar PV Plant project is part of Indonesia's efforts to increase the share of renewable energy sources (EBT) in the national energy mix, aiming to achieve Net Zero Emissions (NZE).
Presenting a space for every generation to create a positive impact on the environment and society, on Thursday, November 23, 2023, Chandra Asri launched the #IndonesiaAsri campaign. The campaign aims to inspire all stakeholders to collaborate in realizing a beautiful Indonesia in every aspect of life, with the goal of leaving a valuable legacy for future generations.
During the launch of the #IndonesiaAsri campaign, Chandra Asri invited various parties with a greater concern for sustainable living to share insights and experiences in contributing to the environment and society. This includes representatives of students, communities, as well as Asri Citizens, those who have joined as volunteers for #IndonesiaAsri. Through the #IndonesiaAsri initiative, it is hoped that each generation will have the ability to develop and implement sustainable environmental concepts, thus mitigating various risks and providing value to both society and the environment.
Chandra Asri has achieved the Gold award in the Large Organization category for Chemical, Pharmaceutical, Textile, and Mining Goods at the 2023 SNI Awards, organized by the National Standardization Agency (BSN). The Gold accolade received by Chandra Asri is a result of the company's consistent adherence to the Indonesian National Standard (SNI) for product quality and standardization.
This year, business transformation based on Environmental, Social, and Governance (ESG) criteria also played a significant role in the evaluation by the Jury. As a Growth Partner, Chandra Asri has consistently integrated the ESG framework, namely R.E.S.P.O.N.S.I.B.L.E, into the Company's strategy. This has added value to the company both in terms of products and overall business. Organizations that implement ESG are also recognized for engaging in business practices, investments, and policy implementations that align with sustainability.
Chandra Asri Group, in collaboration with PT Indonesia Asahan Aluminium (INALUM), is exploring the potential for cooperation in liquid caustic soda supply by Chandra Asri Alkali (CAA), a subsidiary of the Company, to INALUM, with an annual volume of up to 120,000 metric tons and the potential for INALUM to acquire up to 10% equity in CAA. This partnership marked by the signing of a Letter of Intent (LoI) by both parties and is aimed at supporting the downstream aluminum industry and accelerating the domestic electric vehicle ecosystem.
Through this LoI, Chandra Asri Group and INALUM are striving to facilitate the growth of the midstream and downstream aluminum industry, particularly for domestic electric vehicles. This partnership, marked by the signing of a Letter of Intent (LoI) by both parties, is aimed at supporting the downstream aluminum industry and accelerating the domestic electric vehicle ecosystem.
On Monday, October 30, 2023, the jury of the Subroto Award for Energy Efficiency (Penghargaan Subroto Bidang Efisiensi Energi or “PSBE”) recognized Chandra Asri’s Polypropylene Plant with a third-place in the "Energy Management in Buildings and Industry", specifically for the sub-category "Energy Management in Large Manufacturing Industries." This award acknowledges Chandra Asri Polypropylene Plant's dedication to implementing energy-efficient practices, contributing significantly to Indonesia's emission reduction targets outlined in the Nationally Determined Contributions (NDC) and the 2050 Long-Term Low Carbon and Climate Resilience Strategy (LTS-LCCR).
The Polypropylene Plant's energy efficiency initiatives encompass several programs, including the incorporation of Advance Process Control (APC) in the Reactor System and Vent Recovery Area. Over the period from 2018 to 2022, these efforts resulted in a noteworthy achievement, with total energy savings reaching 26.1 gigawatt-hours, equivalent to 9.6% of the plant's total energy consumption in one year, translating to IDR 35.5 billion in savings. This accomplishment demonstrates the company's steadfast commitment and tangible efforts in implementing energy efficiency through a diverse range of programs and innovations at the Polypropylene Plant.
In addition to the Polypropylene Plant's success, other Chandra Asri Planta also recieved recognition in the "Special Innovation in Energy Management in Industry" sub-category. The Ethylene Plant received acclaim for its energy-saving measures on propylene refrigerant compressors, the Polyethylene Plant for endeavours to conserve reactor system energy, and the Styrene Plant for its initiative to optimize air fin cooler performance through innovative tube bundle support. These acknowledgments highlight the broader organizational commitment of Chandra Asri to advancing energy efficiency and sustainability across various facets of its operations.
For its continuous business development in the Renewable Energy (EBT) sector, a subsidiary of the Chandra Asri Group, PT Krakatau Daya Listrik (KDL), has been honored with the "Private Company Providing Implementative Energy in the Energy Transition" Award at the 2023 National Energy Council Awards. This achievement recognizes KDL's commitment and success in implementing the Renewable Energy transition across various sectors and market segments.
KDL has successfully constructed Rooftop, Ground-Mounted, and Floating Solar Power Plants in various locations, including industrial and retail areas. By September 2023, the installation of these Solar Power Plants will save approximately 241 tons of CO2, equivalent to generating electricity for 773 households. Not only has KDL established Solar Power Plants, but the company has also successfully set up three Public Electric Vehicle Charging Stations (SPKLU) in two different regions through its subsidiary, PT Krakatau Sarana Energi.
