Chandra Asri and BRI Collaborate to Support Domestic Petrochemical Industry

To enhance the competitiveness of the petrochemical industry value chain, Chandra Asri and BRI have officially joined forces to provide financing facility for Chandra Asri's domestic customers. This collaboration in offering financing facility marks the first financing scheme designed specifically by BRI for the national petrochemical industry. Through a symbolic signing, this partnership was formally held in Jakarta on August 29, 2023, by Raymond Budhin, Chandra Asri's Polymer Sales Director; Rully Aryawan, Chandra Asri's Supply Chain Director; and Agus Noorsanto, BRI's Institutional & Wholesale Business Director. The financing facility is provided to boost wholesale transaction volume while simultaneously supporting Indonesia's focus on enhancing the downstream industry through the optimization of domestic raw material processing. The collaboration between Chandra Asri and BRI also serves as an acknowledgment to the Company's customers who have chosen domestically produced content to support their businesses. This initiative aligns with the Company's commitment to become a growth partner, effectively addressing domestic demand challenges and sustaining Indonesia's downstream industry.