In 21 March 2019, Monomer Plant team of PT Chandra Asri Petrochemical Tbk attend awarding ceremony of Total Productive Maintenance (TPM) Award 2018 in Kyoto, Japan for the achievement of TPM Excellence Award Category A. The award was being handed over by Mr. Akira Ichikawa and Mr. Kimio Ishikawa as Monomer Plant’s assessors in 2018 to Mr. Rakphon Sooksiri, Chandra Asri’s Monomer Chairman accompanied by Pillar Leaders from Planned Maintenance (PM) Pillar, Initial Phase Management (IPM) Pillar, Administrative & Office (AO) Pillar and TPM Promoter.
TPM Award is being run by Japan Institute for Plant Maintenance (JIPM) and awarded to manufacturing companies who succeed in implementing TPM principles. TPM itself is a maintenance method and technique aimed to reduce work risks and increase production efficiencies.
The attainment of TPM Excellence Award Category A on Monomer Plant, completes the line of Chandra Asri’s plants that receive the same award (SMI Plant and Polymer Plant have passed the assessment for TPM Excellence award in 2016 and 2017). Chandra Asri, is committed to maintain this achievement and will continuously improve and strive for more.
On 27 February 2019, PT Chandra Asri Petrochemical Tbk held tsunami evacuation drill in Cilegon’s Junior High School 9, which located on Ciwandan District, Cilegon and only 1 kilometer away from Anyer coastline. The location of Cilegon’s Junior High School 9 that is bordering with the shore, makes the socialization of disaster preparedness, especially tsunami, very important for the academic civitas. The simulation began with fundamental training and ended with a drill of 500 meter evacuation route from the school. Through this simulation, the students are expected to disseminate the information to surrounding communities, especially those who reside near the coastline, thus they will be more aware of what should be done in the time of tsunami.
On 11 February 2019, PT Chandra Asri Petrochemical Tbk, with Happy Hearts Indonesia inaugurated PAUD Widuri that is located in Kubangsari, Ciwandan District, CIlegon, Banten. PAUD Widuri was inaugurated by Chandra Asri Manufacturing Director, Bapak Somkoun Sriwattagaphong and Happy Hearts Indonesia Development Director, Bapak Lusman Yunarto. PAUD Widuri, is one of Chandra Asri CSR program beneficiaries in education pillar. Prior to the renovation, PAUD Widuri was located on one of the resident’s backyard with no proper infrastructure to support the education.
Now PAUD Widuri has its own building with two comfortable classrooms, infrastructures and playing area for the children. These infrastructures are expected to be able to cater cheerful and creative childhood, thus it leaves good memory on how fun learning could be and in the latter, children from PAUD Widuri could share the same trait of eager and love to learn.
On 12 January 2019, PT Chandra Asri Petrochemical Tbk held socialization related to natural disasters handling, attended by Head of BNPB, TNI Lieutenant General Doni Monardo, to deliver the information on the importance of disaster mitigation education, especially earthquakes and tsunamis that are prone Banten’s Sunda Strait region. The disaster mitigation socialization was also attended by the Head of BMKG, Director General of Cipta Karya PUPR, Head of Center for PVMBG, Deputy 1,2, and 3 BNPB, Echelon 1 Coordinating Minister for Maritime Affairs, KKP, LIPPI, BPPT, local Wantanas Forkompimda.
On this occasion, several topics related to natural disasters handlingwas also delivered by various experts, ranging from the Meteorology, Climatology and Geophysics Agency, the National Disaster Management Agency, the Ministry of Maritime Affairs and Fisheries, the Hydro-Oceanographic Center of the Indonesian Navy and the Geological Agency with each of them provides synergistic presentation in accordance with the field. The synergy of various parties is important to do thus industrial area is more prepared with natural disasters.
On 8 January 2019, PT Chandra Asri Petrochemical Tbk (CAP) distributes humanitarian aid to Cilegon City Government and Indonesian Red Cross (PMI) for Kabupaten Pandeglang following the Sunda Strait tsunami in last year’s December. These aids are being handed-over directly to Acting Mayor of Cilegon, Drs. H. Edi Ariadi, M.Si in his office and witnessed by various stakeholders from Cilegon.
Humanitarian aid for people impacted will divided through two phase, Initial phase and long-term phase. The initial phase or emergency phase are channeled through Cilegon City Government and Indonesian Red Cross, by focusing to cater the pressing needs first. The long-term phase would be under the recovery process, where CAP will cooperate with Habitat for Humanity to build temporary shelter and sanitary facilities such are toilet and bathroom.
On 22 December 2018, tsunami hit the coastal region of Anyer and Banten. In response to the disaster, PT Chandra Asri Petrochemical Tbk's employees swiftly collect donations to support pressing needs in the impacted area. The CSR team went directly to impacted locations, assessed the tsunami’s survivor needs, distribute staple needs such are food, hygiene kit, baby and toddler needs and medicines. Hoped this assistance can ease the burden and provide support to help the Anyer and Banten civilians reorganize their life after this disaster.
On 27 December 2018 PT Styrindo Mono Indonesia (SMI), a subsidiary of PT Chandra Asri Petrochemical Tbk, received Green category for Corporate Performance Rating Program in Environmental Management (PROPER) in Bidakara, Jakarta. This award was handed-over by Ibu Siti Nurbaya Bakar, Minister of Environment and Forestry Republic of Indonesia to Bapak Syafri Rustam, GM Styrene Production SMI. The green category of PROPER received by SMI is an improvement from Blue category attained in 2017. This year PROPER evaluation resulted with 155 out of 1906 companies awarded with green category. SMI will continue to maintain and improve this achievement and committed to preserve environment through water conservation, energy efficiency, emission reduction, waste management and further contribute to biodiversity.
PT Chandra Asri Petrochemical Tbk would like to extend the deepest condolences to those affected by the tsunami which occured in Anyer and Lampung, on Saturday, 22 December 2018, at 21.27 local time. The company would like to let you know that the plant is operating as normal. Some of the plant facilities sustained a minor injury.
There is no casualty or injury to our employees. As of now, the company continues to gather information of all employees and monitor the development in the plant and the immediate areas.
The company is committed to help those affected in Anyer to rebuild their lives in the aftermath of the disaster. Sending prayers for all of us.
On 21 December 2018, PT Chandra Asri Petrochemical Tbk’s school assistance, SMAN 5 Cilegon was successfully selected as the National Adiwiyata School. The award was held at the Ministry of Environment and Forestry (KLHK) and was opened by the Minister of Environment and Forestry, Madam Siti Nurbaya Bakar. The awarding of a total of 279 national and independent adiwiyata schools were represented by Mr. Bambang Hendroyono as Secretary General of the Ministry of Environment and Forestry (LHK) and accompanied by the Ministry of Education and Culture. Chandra Asri has been accompanying the journey of SMAN 5 Cilegon since the beginning of 2013. With this award, it is also a sign of the company's commitment to continue to support the improvement of the quality of education in Cilegon.
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.
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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.
On 13 December, 2018, PT Chandra Asri Petrochemical Tbk along with volunteers from employees, assisted final stage construction of PAUD Widuri. This activity is the continuation from the groundbreaking and its initial phase of construction that held on 23 October. Located in Kelurahan Kubang Welut, Kecamatan Ciwandan, the building that has been fixed for approximately three months, has begun to appear in shape. Two classrooms, one teacher's room, and several playground facilities have been built in front of PAUD Widuri.
Together with Happy Hearts Fund Indonesia, the volunteers helped each other to paint PAUD Widuri buildings. The inner walls of the classroom, the outer walls of the classroom, and the playground area are the target of painting by volunteers from 9am to around 1pm.
The help from volunteers to finish the final stage of construction is expected to increase enthusiasm and optimism of PAUD Widuri students and teachers in the learning process, hence would improve the quality of education in Cilegon.
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.
On 11 December 2018, PT Chandra Asri Petrochemical Tbk held seminar “Innovative Polyethylene for Rotomolding and Wire-Cable to Support Indonesia’s Infrastructure Sector” in Ayana Midplaza, Jakarta. Also inviting Bapak Taufik 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.
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.
On 27-30 November 2018, PT Chandra Asri Petrochemical Tbk and Styrindo Mono Indonesia (SMI) take part in the National Quality & Productivity Convention (TKMPN) XXII 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.
On 29 November 2018, a joint venture between PT Chandra Asri Petrochemical Tbk and Michelin, PT Synthetic Rubber Indonesia (SRI) inaugurated its plant located in Cilegon, West Java. The plant is inaugurated by the Minister of Industry, 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.
On 16 November 2018, PT Chandra Asri Petrochemical Tbk held Investor Gathering, to announce the plan of bonds issuance through the Shelf Registration Bonds II Chandra Asri Petrochemical Phase I Year 2018 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.
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.
On 29 - 30 October 2018, PT Chandra Asri Petrochemical Tbk takes part in Our Ocean Conference 2018 in Bali Nusa Dua Convention Center. Having the opportunity to talk in Ocean Talk, Chandra Asri shares information regarding plastic road, one of its sustainability programs and alternative in tackling plastic waste problem. In addition to the Ocean Talk, Chandra Asri also participate in Our Ocean Conference 2018 Exhibition to further communicate plastic road program and company's other sustainability programs.
