On 21 March 2017, PT Chandra Asri Petrochemical Tbk held an Analyst Meeting to convey the Company's performance after the release of the Consolidated Financial Statements for the financial year of 2016. Invited guests from securities, banks and capital market analysts were attend the event to update their insights on the Company and petrochemical industry delivered by Management representative, Mr. Terry Lim (Finance Director), Mr. Suryandi (HR & Corporate Administration Director), Mr. David Kosasih (Finance GM), Mr. Harry Tamin (Head of Investor Relations). In a performance-related explanation, the Company announced that we managed to record performance breakthrough in 2016 amid the petrochemical industry that has shown positive trends over the past year.
Following is Annoucement of ITB Scholarship Program 2017-2018.
Requirements & Program Schedule
For Senior Year Undergraduates from ITB who majored in Chemical Engineering, Mechanical Engineering, Engineering Physics, Electric Power Engineering, Chemical and Materials Engineering, can fill the enclosed form and send it back via email beasiswaitb@capcx.com by the deadline date of 12 March 2017 at 24.00 WIB.
On 9 February 2017, PT Chandra Asri Petrochemical Tbk cooperating with LSM Rekonvasi Bhumi and Forum Komunikasi Pemuda Kalentemu Barat to engage in greening activities by distributing 1,000 seedlings of mango trees in Kampung Kalentemu West, District Citangkil, Cilegon. This greening activities entitled Conservation and Development of Household based Food Reserves is one of the Company's commitment to take part in activities related to the conservation of natural resources. This event was attended by representatives of Management and employees of the Company and BLH Cilegon.
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Polypropylene Impact Copolymer resins which produced by PT Chandra Asri Petrochemical meets the specifications defined by PT Toyota Motor Manufacturing Indonesia to be used as raw material for the manufacturing of car components for Toyota Vios and Yaris. This success is a major breakthrough for Indonesia petrochemical industry in entering the automotive component sector that apply international standards which have been supplied by other countries.
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On 30 January 2016, PT Chandra Asri Petrochemical Tbk represented by Mr. Suhat Miyarso, VP Corporate Relations, and Mr. Abraham Sinatrawan, Head of CSR, together with the Regent of Lebak, Hj. Iti Ocatavia Jayabaya, inaugurated hanging bridge in Desa Sukajaya, District Sajira, Lebak, Banten Province. The bridge, which has abandoned for three years, was rebuilt by the Company in cooperation with the Yayasan Relawan Kampung Indonesia. Groundbreaking ceremony for the construction of the bridge was conducted in November 2016. Now, after three months of work, the bridge that connected two villages, Taganjing and Somang, is officially opened for the public and can be passed and used by the local community for the smooth running of daily mobility.
PT Chandra Asri Petrochemical Tbk through its subsidiary, PT Petrokimia Butadiene Indonesia (PBI), has awarded the engineering, procurement and construction (EPC) services contract to Toyo Engineering Korea Limited (Toyo-Korea) and PT Inti Karya Persada Tehnik (IKPT) for Butadiene expansion project. Project completion and plant start-up is expected to do in the third quarter of 2018. The expansion will increase its Butadiene production capacity up to 37%. Previously, PBI has also signed agreement with Lummus Technology Inc for the license and engineering design of BASF/Butadiene Extraction technology for expansion of Butadiene production at its integrated Naphtha Cracker complex in Cilegon, Banten.
On 20 December 2016, PT Chandra Asri Petrochemical Tbk and Subsidiaries, PT Styrindo Mono Indonesia (SMI), received respectively Level 4 and Level 5 Green Industry Award (Industri Hijau) from the Indonesian Ministry of Industry in Jakarta. This award was handed by the Minister of Industry, Mr. Airlangga Hartanto, to representative of the Company, Mr. Piboon Sirinantanakul (Director) and Mr. Ronald Sihombing (General Manager).
On 19 December 2016, PT Chandra Asri Petrochemical Tbk celebrates 10 million Man-Hours without LTA (Lost Time Accident) at the Company’s Plant Site in Cilegon. This best achievement in Safety since the past five years was made possible through the strong commitment on Safety from the Management, employees and contractors that conducted through strict strategies, systems and processes. All employees who attended the event signed a large banner and formed the number 20 as a shared commitment to continue working safely thus achieved 20 million man-hours without LTA.
On 19 December 2016, PT Chandra Asri Petrochemical Tbk received Best Contact Liaison Award from Bank Indonesia in Bank Indonesia Survey Respondents Gathering 2016 in Jakarta. This award was received by the Company for its contributions as one of the corporation that are committed to support the preparation of economic statistical data in order to boost economic growth in Indonesia that is projected at 5% -5.4% in 2017. The award was handed by the Deputy Governor of Bank Indonesia, Mr. Perry Warjiyo, to Mr. Suhat Miyarso as VP Corporate Relations of the Company.
On 1 December 2016, PT Chandra Asri Petrochemical Tbk received Metrological Prime Award 2016, an award from the Ministry of Trade for Company's achievements as a corporate that cares orderly measure of gauging, measuring, weighing instruments, and its equipment (UTTP). The award was presented by the Director General of Consumer Protection and Trade Order in Bandung. This appreciation is once again a proof that the Company continues to ensure that all products received by consumers guaranteed accuracy of size, weight, and volume.
On 2 December 2016, PT Chandra Asri Petrochemical Tbk and Subsidiaries, PT Petrokimia Butadiene Indonesia won a Gold Award in the Indonesia Quality Convention (IQC) 2016 which held in Bandung. This is the fourth time for the Company participating in this competition for quality improvement and innovation.
On 23 November 2016, PT Chandra Asri Petrochemical Tbk held Due Diligence Meeting & Public Expose for its plan of bonds issuance through the Public Offering of Chandra Asri Petrochemical I Bonds Year 2016. Act as Underwriter in this public offering are PT DBS Vickers Securities Indonesia, PT Mandiri Sekuritas and PT BCA Sekuritas. These Bonds received a rating of idA+ (single A plus) from PT Pemeringkat Efek Indonesia and issued in two series; Bonds Series A with tenor of three years and Bonds Series B with tenor of five years. With interesting bond coupon, the Company is targeting funds obtained as much as 500 billion rupiah.
On 21 November 2016, PT Chandra Asri Petrochemical Tbk held Scholarship Award for two types of scholarships; President Director Scholarship (PDS) in 2016 and Untirta full-tuition Scholarship 2015-2016. PDS is a bond-free scholarship program for employees' children in High School and University, while Untirta Scholarship is a full-tuition scholarship for selected yet outstanding Untirta Students. This year, CAP Scholarship Award conferred scholarships to 37 employees' children for PDS and 19 students for Untirta Shcolarship. Congratulations and good luck to the recipient of CAP Scholarship Award and wish you many more achievements to come!
Well aware of the importance of adequate infrastructure to boost economic growth and improving quality of life, PT Chandra Asri Petrochemical Tbk collaborated with Yayasan Relawan Kampung Indonesia, a foundation which engaged in social work, to repair the hanging bridge at Desa Sukajaya, District Sajira, Lebak, Banten Province. The groundbreaking ceremony of the project is held on 2 November 2016 and attended by Management Representative of the Company, Mr. Piboon Sirinantanakul (Director), Mr. Suhat Miyarso (VP Corporate Relations), Mr. Abraham Sinatrawan (Head of CSR) as well as the Headman of Desa Sukajaya, Mr. Asep Sarbini. The bridge repair project will begin in early November 2016 and is scheduled for completion in mid January 2017.
On 2 November 2016, PT Chandra Asri Petrochemical Tbk held Analyst Meeting to convey the Company's performance after the release of the Consolidated Financial Statements for the 9 months period ended 30 September 2016. The event was attended by Management Representative of the Company, Mr. Terry Lim (Finance Director), Mr. Suryandi (HR & Corporate Administration Director), Mr. David Kosasih (Finance GM), Mr. Harry Tamin (Head of Investor Relations), as well as the invitee from securities, bank and capital market analysts. Delivered within explanation related to the performance that the Company achieves outstanding performance in the third quarter of 2016 and optimistic to deliver a record performance for full year 2016.
On 11 October 2015 at JW Marriott Hotel Jakarta, PT Chandra Asri Petrochemical Tbk which was represented by Mr. Ruly Aryawan (Director) received Gold Award for Manufacture category in the OPEXCON 2016 Awarding Ceremony. This awarding ceremony is organized by SSCX International. OPEXCON Award annually held as a medium to appreciate Indonesian Company which is committed to the continuous improvement of business processes and quality improvement, either in the process or products and services. This award is the fourth time received by the Company, previously CAP won Silver Award (2015), Bronze Award (2014) and Gold Award (2013) for the same category.
"Get to know the Industry, Establish Communication" became the theme in CAP Media Gathering 2016 which was held two days in a row, 23-24 September 2016, with agenda of workshop and plant tour. Attended as Speakers in the workshop which was held at the Hotel Mambruk Anyer are Mr. Zainal Abidin (Chemists and Plastics Expert from ITB), Mr. Imaduddin Abdullah (Researcher at the Institute for Development of Economics and Finance), and Mr. Suryandi as Director of the Company. Further, Media Gathering activities continued in the next day with a plant tour at the Company's petrochemical complex in Cilegon, Banten. The event which followed by dozens of local and national journalists of Daily Newspapers and Online Media was held in order to establish good relation and communication with journalists for the smooth dissemination of accurate information about the Company as well as become a proper educational facilities related petrochemical industries.
Home sweet home. This short phrase is simply describing the dreams of most people to have a decent house to be a place to go home and build a family. Fully understand the importance of proper houses for the community, PT Chandra Asri Petrochemical Tbk and Habitat for Humanity Indonesia cooperated to perform "Bedah Rumah" with coverage home renovations, development of sanitary facilities, roads reconstruction and empowering local communities to take advantage of existing opportunities. The inauguration of this cooperation was marked by the signing of a Memorandum of Understanding (MoU) between the two sides on 8 September 2016 in CAP Site Office in Cilegon. The MoU was signed by Mr. Piboon Sirinantanakul and Mr. Suryandi as Director of the Company with the Foundation for Habitat Humanity Indonesia, Mr. James Tumbuan and Mr. Leopold August Sutedja.
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As part of its contribution to be environmentally friendly manufacturing industry, PT Chandra Asri Petrochemical Tbk continuously make efforts to boost energy efficiency of the plant using product innovation called emisspro® brought by Texplore Co., Ltd, a subsidiary of SCG Chemicals. Inauguration of the cooperation to supply this innovative product conducted by the Company together with the Texplore Co., Ltd on 19 August 2016. emisspro® itself is a high emissivity coating for industrial furnaces designed to achieve energy efficiency. Track record of the innovative solution that have been used by the Company for this past two years showed a satisfactory result of energy loss reduction in the production process of over 20%. This innovation is in line with our commitment to develop Green Manufacturing industry.
PT Chandra Asri Petrochemical Tbk wins Runner Up at the Appreciation night of Anugerah Iptek 2016 for the category of Anugerah Abyudaya. This award is a token of appreciation given to the industrial sector that utilize and develop researsh results products into innovative products. The Company is considered successfully implementing value-added technological innovations on the development of Naphtha Cracker plant to increase the production of petrochemicals as well as to produce degradable plastic resin, Grene, that is environmentally friendly. Representing the Company, Bapak Suhat Miyarso as VP Corporate Relations received the award directly from the Minister of Research, Technology and Higher Education, Bapak Muhammad Nasir on 10 August 2016 at the Auditorium of UNS Solo. This year is the first time for the Company which led by the Research & Development team (RND) participated in this competition after going through tight selection and rigorous assessment.
