Chandra Asri Expands Naphtha Cracker Production Capacity

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.