Chandra Asri Appointed Licensor for EDC Plant

Chandra Asri through its subsidiary, PT Chandra Asri Alkali (CAA), has signed a License, Basic Engineering and Technical Services Agreement with a leading vinyl technology licensor from United States of America, to develop ethylene dichloride (EDC) plant following the Company’s business plan to build a world-scale integrated chlor-alkali and EDC plant (CA-EDC plant). The CA-EDC plant, which will be operated by CAP2's subsidiary, CAA, will produce 500,000 metric tons per annum of ethylene dichloride (EDC) and more than 400,000 metric tons per annum of caustic soda. As a growth partner, Chandra Asri strives to support construction and infrastructure sectors at the regional level by providing high quality polymer raw materials for polyvinyl chloride. With the development of the EDC plant, Chandra Asri also wishes to support Indonesia’s ambition to become the largest petrochemical producer in ASEAN as well as a strategic partner for the downstream sector. This CA-EDC plant owned by CAA will be built in Cilegon.