On 7 December 2021, PT Chandra Asri Petrochemical Tbk held a launch event for the Livestock Program for Sustainable Economic Independence in collaboration with the Villa Ternak Foundation. This program is Chandra Asri's effort to accelerate economic recovery due to the pandemic, especially for the community around the company. This program covers how to raise sheep and opportunities for economic development.
This program was also appreciated by the Head of the Cilegon City Food and Agriculture Security Service (DKPP), Eva Sarifah, and the Serang Regency Agriculture Service Head, Zaldi Dhuhana, who were also present on the occasion. This training event was attended by 52 people from Gunung Sugih, Anyer, Kosambironyok, and Grogol Indah villages, sending 13 participants each. Also, there is a breeding of 100 sheep which will be distributed to each village. The participants will be provided with how to raise sheep including how to make animal feed.
PT Chandra Asri Petrochemical Tbk has won Gold Achievement through SGA Kolimator and Bronze Achievement through SGA Delta Force at OPEXCON 2021. This award was presented virtually at the OPEXCON Awards 2021 event on 7 December 2021. Indonesia Operational Excellence Conference and Award or OPEXCON is an annual conference organized by SHIFT Indonesia, the main reference media in the field of operational excellence. In 2021,
Under the OPEXCON theme of “Strengthening Business Resilience through Operational Excellence”, SGA Chandra Asri Kolimator from PP Lab Technician raised the title “Elimination of WDXRF (Wavelength Dispersive X-ray Fluorescence) breakdown due to High Vacuum from 3 to 0 Cases per Year in 6 Months”. Meanwhile, SGA Chandra Asri Delta Force from Styrene Plant Engineer raised the title “Reducing Idle Cost of Plant Styrene No.1 (PS1) from 81,587 to 70,169 USD/Month for 8 Months”. Obtaining this award certainly has a positive impact on the company and its employees, especially in the midst of the pandemic to continue to make improvements in all sectors.
On 6 December 2021, PT Chandra Asri Petrochemical Tbk welcomed the visit of Commission VII DPR RI and the Ministry of Industry to the Chandra Asri Petrochemical Complex in Cilegon, Banten. On this occasion, Chandra Asri introduced a number of the company's operational activities. This includes production activities, the application of industry 4.0 through the 2019-2023 Digital Transformation Roadmap, and the application of the green industry in the company environment. As one of the National Vital Objects, Chandra Asri is always committed to continuing to increase production capacity to support the government and domestic industry in reducing dependence on imports of petrochemical products.
PT Chandra Asri Petrochemical Tbk continues to strive to provide solutions that contribute to social and environmental problems, especially regarding waste, health, and nature conservation as well as in the prevention of COVID-19 and economic recovery. This positive contribution received two awards, including the 2021 Green Industry award and the Main Award in the 2021 IDX Channel CSR Award.
Chandra Asri through the Ciwandan and Puloampel sites won the 2021 Level 5 (Best) Green Industry award which was handed over by the Minister of Industry of the Republic of Indonesia, Agus Gumiwang Kartasasmita. This award is a manifestation of Chandra Asri's commitment to supporting sustainable development goals (SDGs) which are in line with the commitments of the Indonesian Government.
Another award was the Main Award in the 2021 IDX Channel CSR Award by IDX Channel for its contribution to overcoming COVID-19 and economic recovery through plastic waste management with the principles of a circular economy and community empowerment.
On 2 December 2021, PT Chandra Asri Petrochemical Tbk won the INDI (Indonesia Industry Readiness Index) 4.0 2021 award for the Aggressive Digitalization category. The Aggressive Digitalization category is given to companies for their significant and aggressive efforts to develop digital technology in their business processes that are able to increase competitiveness and productivity in the company as well as efficiency in the production process.
INDI 4.0 is an award from the Ministry of Industry which is the reference standard in measuring the company's readiness index to transform into the Industry 4.0 era. Chandra Asri has developed the 2019-2023 Digital Transformation Roadmap to face industry 4.0. This is in line with Chandra Asri's business strategy to maintain and improve world-class operating standards, cost efficiency, SHE (Safety, Health, and Environment) and employee competencies and capabilities to take advantage of digital transformation.
Continuing its commitment in social-environment and community economic development, PT Chandra Asri Petrochemical Tbk began the initiation phase of mangrove edu-ecotourism area development in The Lembur Mangrove area of Kampung Patikang, Citeureup Village, Panimbang District, Pandeglang Regency. The program, which is located in an area of 9,500 m2, is a buffer area of Tanjung Lesung Special Economic Zone. In its implementation, this program is also supported by POKDARWIS (Tourism Conscious Group) Putri Gundul Kampung Patikang, BUMDES (Village Owned Enterprises) Citeureup Village, and Banten Provincial Tourism Office.
The ceremonial kick-off program was held on 2 December 2021, along with the granting of tourist canoe which is the result of cooperation with the Company's costumers and made from Chandra Asri's product, Polyethylene. The Company also optimizes waste management efforts by utilizing the Company's non-B3 waste, namely wooden pallets and inneroll as raw materials. Furthermore, the development of edu-ecotourism areas will be carried out gradually and is expected to be the Company's contribution in the preservation of coastal areas as well as the economic development of the community.
Held virtually, PT Chandra Asri Petrochemical Tbk won the highest award, namely Par Excellence (Platinum) at the 46th International Convention on Quality Control Circles (ICQCC) 2021 on 24-27 November 2021 in India. This award was achieved through two SGA groups representing Chandra Asri, namely SGA CATION from UCC1 (SGA Engineer) and SGA INJECTOR from SM Lab (SGA Operator).
Under the theme of ICQCC 2021 "Quality Concepts Facilitating Societal and Economic Turnaround", SGA CATION Chandra Asri raised the title "Increase Reactor Run Length on HDPE Grade up to 24 Days: Road to Achieve 215 KT Production & Reduce Uptime Loss to 10%". Meanwhile, SGA INJECTOR Chandra Asri raised the title “Reduce 82% Methanol Cost in Polymer Analysis Within 5 Months”. Obtaining this award certainly has a positive impact on the Company and its employees in developing performance in their respective fields.
On 23 November 2021, PT Chandra Asri Petrochemical Tbk through its subsidiary PT Chandra Asri Perkasa has appointed four contractors namely Toyo Engineering Corporation, Samsung Engineering Co., Ltd., Wood, and PT Haskoning Indonesia to work on the Front-End Engineering Design (FEED) for its second world-scale petrochemical complex in Indonesia (CAP2). This new milestone was marked by a virtual signing ceremony of the agreement with the four international and leading contractors today, held across Indonesia, Japan, South Korea, and Thailand.
FEED is a key stage for the detailed planning of the CAP2 project, and will be followed by the selection of engineering, procurement, and construction (EPC) contractors. A Final Investment Decision (FID) will be taken by shareholders after EPC bidding is complete. Chandra Asri targets to take FID in 2022, and CAP2 operations to commence from 2026. CAP2 is the Company’s effort to respond to the challenges and opportunities arising from the growing demand for domestic petrochemical products, while reducing dependence on imports.
On 19 November 2021, PT Chandra Asri Petrochemical Tbk and PermataBank successfully launched a trade finance transaction using blockchain technology as a breakthrough for the trade financing process in Indonesia. PermataBank partners with Bangkok Bank PLC (Thailand) supported Letters of Credit issuance of Chandra Asri in Indonesia to their supplier. This transaction was completed on the Contour network within several hours compared to the traditional paper-based method. All parties achieved a significant efficiency improvement from digital information exchange, process streamlining, and transaction traceability.
In implementing this technology PermataBank collaborates with Contour, a blockchain-based company that provides services to more than 80 banks and companies across 17 countries in Asia, the Middle East, and Europe. This market-leading transaction marks the latest milestone of Chandra Asri’s Digital Transformation Program which can drive national economic growth.
On 18 November 2021, PT Chandra Asri Petrochemical Tbk won a Gold Award Appreciation for its plant in Ciwandan and a Silver Award for its plant in Pulo Ampel for the category of Large Organization of Goods in the Chemical, Pharmaceutical, Textile, and Mining Sector in the 2021 SNI Award event.
This award was given directly by the Head of the National Standardization Agency (BSN), Kukuh S Achmad, and the Deputy for Standard Implementation and Conformity Assessment (PSPK), Zakiyah to Chandra Asri. The SNI Award assessment is carried out strictly with a fairly long process (for approximately one year) and is carried out by a team of competent and experienced evaluators. This award shows Chandra Asri's consistency in his commitment to implementing SNI (Indonesian National Standard) for the quality and standards of its products.