As a partner for mutual progress, PT Chandra Asri Petrochemical Tbk, through its subsidiary company, PT Styrindo Mono Indonesia, rebuilt a PAUD in the ring 1 area of the company, named PAUD Al-Hikmah. On 11 November 2019, ceremonial activities were carried out and continued with volunteers from SMI employees directly assisted the PAUD development process.
PAUD Al-Hikmah is the third PAUD that has been built by CAP and its subsidiary entities. Previously, the company also helped rebuild PAUD Barokah 1 and PAUD Widuri in Ciwandan District, Cilegon City.
On 7 November 2019, the Indonesia Operational Excellence Conference and Award was held again. This event is peak of a whole series of 2019 OPEXCON Project Competition, which is the biggest improvement competition initiated by SHIFT Indonesia and has been held since 2012.
With theme "OPEX 4.0: Process Excellence, People Transformation & Digital Innovation", the event was opened by the Minister of Communication and Information of the Republic of Indonesia (Menkominfo), Mr. Johnny G. Plate. Furthermore, an awarding session was given to appreciate companies for their successful efficiency gains through a process improvement program, ranging from the service industry, manufacturing, and energy sectors which consisted of 78 project topics. In this event, CAP received Silver Award for the two SGAs that were registered.
For the first time, CAP attended Asia Pacific Quality Organization (APQO) International Conference. The 25th APQO was held on 14-16 October 2019 in Legian (Bali) with the theme "Pursuing Excellence, Futureproofing Sustainability".
One of the agendas of the APQO event was the Award for Contributing to Excellence (ACE). ACE is a competition for teams from the public, non-profit and industry sectors. CAP sent two Small Group Activities (SGA) from the Polymer Plant namely SGA HD Alpha from the Polyethylene Production Department and SGA Block Copo from the Polypropylene Production Department.
The competition was attended by more than 100 teams from 8 Asia Pacific countries divided into five streams. SGA HD Alpha and SGA Block Copo received 3 Stars Award which is the highest award in this competition.
On 23-26 September 2019, the 44th International Convention in QC Circle (ICQCC) event was held again and this time it was held in Tokyo, Japan with the theme "Creating a Future Future through TQM and QC Circle Activities". The topic of discussion at ICQCC 2019 is about Manufacturing, Service Public Sector, Healthcare and Education.
PT Chandra Asri Petrochemical Tbk and Styrindo Mono Indonesia (SMI), a subsidiary of PT Chandra Asri Petrochemical Tbk, received the Gold Award which is the highest ranking in this event. This achievement motivated the CAP team, SMI and other SGA members to improve their problem solving abilities at work.
On 20 September 2019, PT Chandra Asri Petrochemical Tbk was named the Top Community Care Company in Asia in the 2019 Asia Corporate Excellence & Sustainability (ACES) Awards in Bangkok, Thailand. The award, which was initiated by the Mors Group, appreciated individuals and corporations in the Asian region in two broad categories; Leadership and Sustainability. Entering the Sustainability category, Chandra Asri championed the Cisiram Village Renovation (Bedah Kampung) and Plastic Road program and was successfully selected along with seven other companies in the Top Community Care sub-category. Through this award, Chandra Asri greatly emphasized its role and commitment to grow together with the community by becoming a reliable partner for all its stakeholders.
On 6 September 2019, Chandra Asri and PT Styrindo Mono Indonesia (SMI), a subsidiary of PT Chandra Asri Petrochemical Tbk, won the Gold Award at Awarding Night of Indonesian Sustainable Development Goals Awards (ISDA) organized by Corporate Forum for Community Development (CFCD). ISDA is an appreciation event for companies that are considered in empowering the community through CSR programs that are in line with Sustainable Development Goals (SDGs).
This award is a proof of company commitment in developing CSR programs that are sustainable and in line with SDGs values in order to achieve global development goals.
On 29 August 2019, PT Chandra Asri Petrochemical Tbk signs a Momerandum of Understanding (MoU) with Banten Regional Police (Polda) on building construction Banten Police Headquarter (Mapolda). The signing was represented by Mr. Suryandi, as the Director of CAP. Previously in 2015, CAP also supported Polda Banten with donation of 10 motorcycle units to support police operations in keeping public safety and comfort.
This support is to help Banten Police enhance its public service, as part of CAP’s commitment to be Banten Province’s growth partner.
On 13-16 August 2019, CAP invited Bond Investors/ VIP Bondholders to Bangkok as a token of appreciation for their participation in the issuance of Shelf Registration Bonds II Chandra Asri Petrochemical Phase II Year 2019 in the amount of Rp750 billion last May. This VIP Trip is part of Chandra Asri Bond Club's loyalty program to maintain better relationships, participation levels, and trust from Chandra Asri bondholders.
In 25 July 2019, PT Chandra Asri Petrochemical Tbk (CAP) represented by Bapak Suryandi, the company’s Director, received 3rd place award of Indonesia Best Public Companies by SWA Magazine. This award main indicator was Wealth Added Index (WAI), that is a benchmark towards issuers with ability to return share price gains and dividends, more than its cost of equity, to its investors.
Every year, SWA Magazine releases 100 Best Wealth Creator companies in Indonesia (SWA 100). This year’s award that CAP received indicates improvement by five ranks, from ranking 8 received in 2018. CAP is also the only non-bank companies that ranked Top 5 in SWA 100, year 2019.
On 24 Juli 2019, Mubadala, OMV, Chandra Asri Petrochemical have signed a Memorandum of Understanding to explore opportunities for collaboration in the petrochemical sector in Indonesia. The Memorandum of Understanding documents the intention to explore potential opportunities for collaboration in the area of petrochemicals in Indonesia. The companies will set up working groups to jointly define a schedule for the evaluation of the opportunities.
The signing of the agreement was witnessed by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Excellency Joko Widodo, President of the Republic of Indonesia. The agreement was signed by Mr. Musabbeh Al Kaabi, CEO of Petroleum & Petrochemicals Mubadala Investment Company, Dr. Rainer Seele, CEO of OMV and Erwin Ciputra, President Director of PT Chandra Asri Petrochemical Tbk and PT Chandra Asri Perkasa.
This collaboration is one proof of the company's commitment to serving Indonesia’s promising market potential, and supporting the country’s demands for growth, economic prosperity and industrialization.