Logo Chandra Asri
Michelin and Petrokimia Butadiene Indonesia sign an agreement to produce Synthetic Rubber

16-06-2013

Michelin and Petrokimia Butadiene Indonesia sign an agreement to produce Synthetic Rubber

On Monday, June 17, 2013 was held the Joint Venture Agreement Signing Ceremony between PT Petrokimia Butadiene Indonesia (PBI), a wholly-owned subsidiary of PT Chandra Asri Petrochemical Tbk (CAP), and the Compagnie Financière Du Groupe Michelin (Michelin) which create a Joint-Venture company, to produce Synthetic Rubber. The signing ceremony was held in Wisma Barito Pacific, Jakarta, and was attended by representatives of both parties. The Agreement was signed by Luc Minguet (Senior Vice President/ Chief Procurement Officer) and Chan Hock Sen (Vice President, Legal & Tax Services, Asia Pacific) as the representatives of Michelin, while PT Petrokimia Butadiene Indonesia was represented by Erwin Ciputra (President Director of CAP & PBI), Paramate Nisagornsen (Vice President Director of CAP & PBI), and Suryandi (Director of PBI). The synthetic rubber plant will be the first in Indonesia and will produce feedstock for the industry of environmentally friendly tire in line with the trend of eco-friendly tire usage globally.

Read Other News
Chandra Asri Group Encourages Culture Run Bali 2025 Participants to Sort Waste
06-07-2025

Chandra Asri Group Encourages Culture Run Bali 2025 Participants to Sort Waste

Chandra Asri Group's Contribution to National Resilience with the Indonesian Ministry of Defense
08-05-2025

Chandra Asri Group's Contribution to National Resilience with the Indonesian Ministry of Defense

Indonesia Asri Hosts Circle of Beauty 4.0, Promotes Mindful Beauty Lifestyle
25-06-2025

Indonesia Asri Hosts Circle of Beauty 4.0, Promotes Mindful Beauty Lifestyle