On 18 December 2013, PT Chandra Asri Petrochemical Tbk held an Annual Public Expose 2013 at Wisma Barito Pacific, Jakarta. This event was attended by the Management of the Company, represented by the Board of Directors, Corporate Secretary, Senior Management, as well as invitees from various institutions such as Securities Company, Bank, etc. The Company's Management, in this event that lasted from 11:00 to 12:30, delivered the latest updates about the business profile, petrochemical industry, financial & operational performance, and strategic initiatives.
On November 13, 2013, PT Chandra Asri Petrochemical Tbk collaborates with LAPI ITB (Lembaga Afiliasi Penelitian dan Industri Institut Teknologi Bandung) to improve the productivity of the Company that engages in the field of integrated petrochemical industry. This collaboration is stated in the form of Memorandum of Agreement (MoA) to conduct a research, consultation, and training in the field of plant modernization. This is a follow up from the Memorandum of Understanding (MoU) which has been signed by CAP and ITB on November 20, 2012. This MoA was signed by Mr. Erwin Ciputra, President Director of CAP, and Mr. Dr. Ir. A Azis Jayaputra, Ms, President Director of PT LAPI ITB. The signing was held in the Directorate Building of ITB, witnessed by ITB Rector, Prof. Akhmaloka, Ph.D and Mr. Suryandi, Director of Human Resources and Corporate Administration. This mutual beneficial cooperation is a support from CAP in synergizing two worlds, education and business.
On December 10, 2013, PT Chandra Asri Petrochemical Tbk ("CAP") received the PROPER award with Green Rating from the Ministry of Environment. Green Rating itself is two highest levels in the PROPER indicate that CAP has made its efforts to control pollution and / or damage to the environment and achieve better results than the requirements set forth in the applicable laws and regulations.
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:
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.