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CAP Grant Land for the Construction of Petrochemical Polytechnic
CAP Grant Land for the Construction of Petrochemical Polytechnic
27-05-19

CAP Grant Land for the Construction of Petrochemical Polytechnic

On 27 May 27 2019, PT Chandra Asri Petrochemical Tbk officially granted a land in Anyer for Research and Development Ministry of Industry (Ministry of Industry) for the construction of the Petrochemical Polytechnic. The manuscript for collaborating was signed by Mr. Suhat Miyarso, VP of Corporate Relations CAP who attended with Mr. Abraham Sinatrawan, Department Manager of CSR CAP and Mr. Haris Munandar as Secretary General of the Ministry of Industry. The two-hectare grant land which is approximately 3-4 kilometers from the location of the CAP plant will be used for the construction of the Polytechnic with a special study program in the field of petrochemical. When it’s done, CAP also helps organize the curriculum, provides work facilities and internships, assigns the best employees to become lecturers and will prioritize the development of polytechnics to be able to work in CAP.



Latest News



Chandra Asri Provide Batch 2 Training for Junior Highschool Mathematic & Physic Teachers in Serang District

14 Dec 2018
Chandra Asri Provide Batch 2 Training for Junior Highschool Mathematic & Physic Teachers in Serang District
14-12-18

Chandra Asri Provide Batch 2 Training for Junior Highschool Mathematic & Physic Teachers in Serang District

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.

Signig Ceremony Credit Export Facility

12 Dec 2018
Signig Ceremony Credit Export Facility
12-12-18

Signig Ceremony Credit Export Facility

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.

SMI Achieve Green Industry Award 2018

12 Dec 2018
SMI Achieve Green Industry Award 2018
12-12-18

SMI Achieve Green Industry Award 2018

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.

Chandra Asri Held Seminar Innovative Polyethylene for Rotomolding and Wire-Cable to Support Indonesia’s Infrastructure Sector

11 Dec 2018
Chandra Asri Held Seminar Innovative Polyethylene for Rotomolding and Wire-Cable to Support Indonesia’s Infrastructure Sector
11-12-18

Chandra Asri Held Seminar Innovative Polyethylene for Rotomolding and Wire-Cable to Support Indonesia’s Infrastructure Sector

On 11 December 2018, Chandra Asri held seminar “Innovative Polyethylene for Rotomolding and Wire-Cable to Support Indonesia’s Infrastructure Sector” in Ayana Midplaza, Jakarta. Also inviting Bapak Taufiek 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.

CAP Wins Award in IICD Award 2018

10 Dec 2018
CAP Wins Award in IICD Award 2018
10-12-18

CAP Wins Award in IICD Award 2018

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.