Chandra Asri and Pertamina Develop Petrochemical Business in Indonesia

On 25 August 2020, PT Chandra Asri Petrochemical Tbk together with PT Kilang Pertamina Internasional, a subsidiary of PT Pertamina (Persero), signed a Head of Agreement (HoA) as a form of cooperation in developing the petrochemical business in Indonesia.The HoA signing was carried out by the President Director of KPI, Ignatius Tallulembang and the President Director of Chandra Asri, Erwin Ciputra. This cooperation refers to President Joko Widodo's direction to encourage the construction of factories that produce petrochemical import substitutions and expected to develop the petrochemical business in the country.