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CAP Supports Community-Based Waste Management Industry
CAP Supports Community-Based Waste Management Industry
12-09-19

CAP Supports Community-Based Waste Management Industry

On 12 September 2019, PT Chandra Asri Petrochemical Tbk (CAP) inaugurates waste recycling facility, known as Zero Waste Management Industry (IPS Masaro for short) in Cilegon. IPS Masaro is concept to encourage the community to change the old conventional way of waste disposal, collect-transport-throwaway to segregate-transport-process, where all waste collected is processed leaving zero waste. Organic waste will be processed into liquid fertilizer and mulch, meanwhile the non-organic waste will processed into fuel and waste with no economic value will go into an incinerator, where plastic waste is processed into fuel in high temperature, and into pyrolysis machine which also produces fuel to operate machine in IPS Masaro.

This facility was built by a solid partnership among Indonesia Olefin, Aromatic and Plastic Industry Association (INAPLAS), Institut Teknik Bandung (ITB), the regional government and the local communities in implementing Masaro. Among the three pyrolysis machines in IPS Masaro, one gas-fueled machine is a modification by an 11th grade volunteer named John Leiman from Jakarta Intercultural School. CAP welcomes and appreciates John’s enthusiasm and contribution, through his work with the smaller scale pyrolysis machine in IPS Masaro.

IPS Masaro will process household waste from approximately 1000 families, with waste segregation conducted by the members of families at home.  Separated waste will be exchanged with incentives of daily household products obtained at the Masaro facility regularly.



Latest News



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.

Chandra Asri and SMI Bring Home Medals in TKMPN XXI & IQPC 2018

30 Nov 2018
Chandra Asri and SMI Bring Home Medals in TKMPN XXI & IQPC 2018
30-11-18

Chandra Asri and SMI Bring Home Medals in TKMPN XXI & IQPC 2018

On 27-30 November 2018, Chandra Asri and Styrindo Mono Indonesia (SMI) take part in the National Quality & Productivity Convention (TKMPN) and International Quality & Productivity Convention (IQPC) 2018 held in Batam. The event was attended by more than 2000 participants from various leading company in Indonesia and several countries in Asia

Having the opportunity to talk in the management forum, Mr. Hamim Thohari, General Manager of Polymer Production shares about ''Best Practice & Success Story of Chandra Asri in Implementing Project Improvement Program and TPM”. In addition to that Chandra Asri and SMI’s Small Group Activity (SGA) managed to bring home 1 Platinum award and 3 Gold awards.

Inauguration of PT Synthetic Rubber Indonesia’s Factory

29 Nov 2018
Inauguration of PT Synthetic Rubber Indonesia’s Factory
29-11-18

Inauguration of PT Synthetic Rubber Indonesia’s Factory

On 29 November 2018, a joint venture between PT Chandra Asri Petrochemical Tbk and Michelin, PT Synthetic Rubber Indonesia (SRI) inaugurated its factory located in Cilegon, West Java. The factory is inaugurated by the Minister of Industry, Bapak Airlangga Hartanto, and the Minister of State, attached to the Minister for Europe and Foreign Affairs of the French Republic, Jean-Baptiste Lemoyne. The event is also attended by Thomas Lembong, Head of Indonesian Investment Coordinating Board (BKPM). The presence of SRI will strengthen the manufacturing sector by producing value added products, combining Chandra Asri’s raw material products and Michelin’s technology that changes these raw materials into semi-finished products used in the key components to produce environmentally friendly tires.

Chandra Asri Issued Sustainable Bond II Phase I

16 Nov 2018
Chandra Asri Issued Sustainable Bond II Phase I
16-11-18

Chandra Asri Issued Sustainable Bond II Phase I

On 16 November 2018, PT Chandra Asri Petrochemical Tbk held Investor Gathering, to announce the plan of bond issuance through the Sustainable Public Offering (PUB) Sustainable Bonds II Chandra Asri Petrochemical Phase I with a target of Rp 2 trillion. For phase I, Bonds issued with maximum amount of Rp 500 billion, consisting of Series A and B with tenors of 3 (three) and 5 (five) years respectively. Bond interest is paid quarterly, which will be paid for first time on 19 March 2019.

The public offering was attended by PT BCA Sekuritas, PT DBS Vickers Sekuritas Indonesia, PT Mandiri Sekuritas as the underwriters for the issuance of the securities. The Company is confident in building trust of the investors in this Bond Public Offering.

Chandra Asri Wins Gold Award in OPEXCON 2018

07 Nov 2018
Chandra Asri Wins Gold Award in OPEXCON 2018
07-11-18

Chandra Asri Wins Gold Award in OPEXCON 2018

On 7 November 2018, PT Chandra Asri Petrochemical Tbk brings home Gold Award for Manufacturing category in Operational Excellence Conference & Award 2018 (OPEXCON18) held in Ritz Carlton Pacific Place, Jakarta. In this annual event held by SSCX International, Chandra Asri competes with 220 improvement projects from various major companies in Indonesia. This year’s award marks the 6th time of Chandra Asri’s success in OPEXCON after the Gold Awards (2016 and 2013), Silver Awards (2015 and 2017) and Bronze Award (2014) in the same category.