On 5 October 2020, PT Chandra Asri Petrochemical Tbk and Royal Vopak (Vopak), the world’s leading independent tank storage company, have signed a Letter of Intent (LOI) to set up a joint venture company for collaboration in the industrial infrastructure business in Cilegon, Banten Province, Indonesia.
Chandra Asri and Vopak will explore exciting storage opportunities in supply networks, to help grow existing petrochemical value chains and lay the foundations for an expanded industrial cluster in Cilegon, Banten Province, Indonesia. The finalization of this LOI and the setting up of the joint venture company is subject to final terms and conditions, including customary regulatory and shareholder approvals.
Here is the Students List who Passed the Selection of Employment Scholarship Program of CAP 2013/2014 Phase I who will participate in the next Phase.
On November 16, 2013, PT Chandra Asri Petrochemical Tbk through its Subsidiary, PT Styrindo Mono Indonesia (SMI), planted 5000 Mangrove Trees in the coastal of Pabean Udik Village, Indramayu, West Java. This action of environmental care is conducted by the support from The Indonesian Biodiversity Foundation (KEHATI) which has experiences in mobilizing and managing resources to support various programs of Indonesia’s biodiversity and its equitable and sustainable utilization. VP Corporate Relations, Mr. Suhat Miyarso accompanied by General Manager of Safety, Health, and Environment, Mr. Rachman Tjiptoputro, and General Manager of SMI, Ronald Sihombing participated directly in the trees planting. High expectations, the planted mangrove trees could grow well in order to make coastal of Indramayu to become a Mangrove Center which is not only useful as eco-tourism but also be useful as a research site.
On 12 November 2013, PT Chandra Asri Petrochemical Tbk with its project named "Reduce Near Prime Product for HF 10 TQ" was elected as the First Winner or the Gold Achievement for the Manufacturing category in Operational Excellence Conference (OPEXCON) 2013 organized by SSCX International. The award was received by Mr. Paramate Nisagornsen as Vice President of the Company. OPEXCON Award itself is a form of appreciation to the project team (Small Group Activity-SGA) in organizations that have contributed to the Company and its industry. 150 teams from various Regional companies participated in this event by proposing themes of various improvement projects.
On November 5, 2013, the management of PT Chandra Asri Petrochemical Tbk (CAP) along with Compagnie Financière Michelin (Michelin) conduct a partnership inauguration of synthetic rubber plant (synthetic rubber) which is managed by PT Synthetic Rubber Indonesia (SRI). The inauguration of this partnership is a milestone of the joint venture agreement between PT Petrokimia Butadiene Indonesia (PBI, a subsidiary of CAP) with Michelin, which has been signed by both parties in June 2013. In this inauguration, the Michelin Team led by Mr. Jean-Dominique Senard, General Managing Partner and CEO of Michelin Group also took time to do a site survey for the SRI Plant. The plant construction that produces feedstock of environmentally friendly tires is planned to begin in early 2015, with completion and start-up targeted at the beginning of 2017. The collaboration between the two companies is expected to give positive contributions for Indonesian economic by reducing import of feedstock and to increase export of tires. The construction of SRI plant is a form of commitment by CAP and its Subsidiaries to increase the value chain of petrochemical products which are produced by the Company and to further support the realization of an integrated petrochemical industry in Indonesia.
For ITB Students with Study Program of Mechanical Engineering & Electrical Power Engineering who are interested, please download the following file: