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PT Chandra Asri Petrochemical Tbk provides 15 units of fiber boats and 28 units of ketinting machines to 43 fishermen in Pangaradan Village, Anyar District, Serang Regency, and Tanjung Leneng, Ciwandan District, Cilegon City on 15 December 2020. The ceremony was held on the coast of Pangaradan by implementing the COVID-19 health protocol as recommended by the local government and was attended directly by the Head of the Banten Police, Banten Military Resort Commander, Banten Commander of the Indonesian Navy Base, the Regent of Serang, and other government officials.
On the same occasion, Chandra Asri also distributed assistance in the form of food packages as a form of company concern during the COVID-19 pandemic as well as the west wind season which limits the opportunities for fishermen to go to sea. The company will also invite fishermen to collect plastic waste from the ocean. Furthermore, the waste that has been collected will be further processed using the pyrolysis method into fuel oil (Plast fuel) which can be used as a substitute for gasoline or diesel which can be used by fishermen to go to sea.
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.
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On September 13, 2013, PT Chandra Asri Petrochemical Tbk (the Company/ CAP) signed cooperation contract of Engineering, Procurement, and Construction (EPC) for the construction of production facility of the Company's Naphtha Cracker with Toyo Engineering Corporation. This contract was signed by Paramate Nisagornsen from CAP and Toyo represented by Tadashi Hori (President Director of IKPT), Hideki Shiinoki (Director of Toyo), and Takashi Kawahara (Sales Director of Toyo for Asia Pacific). Through the expansion of this facility, the Company's Naphtha Cracker production capacity will increase up to 43%, and followed by the increase in the production of Company's petrochemical products. The expansion is part of the Company's strategic plan to further strengthen its leading position to fulfill the growing demand of petrochemical products in Indonesia.
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