Together with NIPPON SHOKUBAI Group Exploring Green Chemical Business Opportunities

Chandra Asri, NIPPON SHOKUBAI CO., LTD. (NSCL), and PT NIPPON SHOKUBAI INDONESIA (NSI) have signed a Memorandum of Understanding (MoU) to jointly explore green chemical business opportunities. Through this MoU, Chandra Asri and NSCL as well as its affiliates, NSI (hereinafter referred to as “NIPPON SHOKUBAI Group”), will explore the potential to produce 'bio' materials such as bio-naphtha, bio-olefins, and various products that use renewable energy, to produce sustainable derivative products such as acrylic acid (AA), acrylic ester (AES), and superabsorbent polymer (SAP). Chandra Asri is excited to partnered with NIPPON SHOKUBAI Group in initiating this challenging collaboration. This collaboration marks another step in Chandra Asri’s journey to meet domestic market's need for more environmentally friendly bio-chemical derivative products, such as green plastic, which is believed has a lower emissions and can support Indonesia’s Long-Term Strategy for Low Carbon and Climate Resilience 2050 (Indonesia Vision 2050 LTS-LCCR).