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Press Release



   Chandra Asri Group Operates Vessel Fleets to Support
      Feedstock Reliability and Business Expansion
         Opportunities in Shipping and Logistics


Jakarta, November 12, 2024 – PT Chandra Daya Investasi (CDI), a subsidiary of PT
Chandra Asri Pacific Tbk (Chandra Asri Group), is expanding its business portfolio by
acquiring and operating 4 (four) vessels, including oil/chemical tanker vessels and
a natural gas carrier vessel. These four vessels represent the company’s first
fleet, aimed at improving operational efficiency and strengthening the sustainable
supply chain through global maritime transportation services. The fleet operations will
be carried out through CDI's subsidiaries in the logistics sector, PT Chandra Shipping
International (CSI) and PT Marina Indah Maritim (MIM).
In the long term, Chandra Asri Group, through CDI, plans to expand its fleet by
acquiring additional vessels to enhance competitiveness and create new business
opportunities with third parties. The operation of these vessels is also part of Chandra
Asri Group’s expansion strategy as it explores business diversification into the
maritime logistics and storage tank sectors. With the capability to manage the
transportation of essential raw materials for industry, the company can now ensure
greater supply reliability, maintain stability in production processes, and strengthen the
resilience of its supply chain.
President Director of CSI and MIM, Lingga Widastri, explained, “The purchase of
these four vessels is part of our efforts to strengthen CDI’s position within the global
maritime logistics ecosystem to provide reliable services and support the needs of the
industry. The operation of this fleet also reflects our commitment to continue growing
and innovating in support of Chandra Asri Group’s business, in line with the Group’s
vision as a provider of energy, chemicals, and infrastructure solutions in Southeast
Asia, as well as supporting the company’s long-term goals of delivering the best
services.”
CSI and MIM are subsidiaries of CDI, an entity established by Chandra Asri Group to
develop businesses in the infrastructure sector, which includes energy, water,
logistics, and storage. Through CDI’s expansion in the infrastructure sector, Chandra
Asri Group reaffirms its commitment to providing energy, chemical, and infrastructure
solutions that not only meet current needs but also respond to future opportunities.


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About Chandra Asri Group
Chandra Asri Group is Indonesia’s leading chemicals and infrastructure solutions company, supplying
products and services to various manufacturing industries in both domestic and international markets.
With a history of 32 years and over 2,200 dedicated staff, the Company incorporates state-of-the art
technologies and supporting facilities located strategically in the country’s petrochemical and industrial
hubs, Cilegon and Serang. Chandra Asri Group operates the only Naphtha Cracker in Indonesia that
produces Olefins (Ethylene, Propylene), Polyolefins (Polyethylene, Polypropylene), Pygas and Mixed-
C4, and is the sole domestic producer of Styrene Monomer, Ethylene, Butadiene, MTBE and Butene-
1, with a new world-scale Chlor-Alkali and Ethylene Dichloride plant development on the horizon.
Chandra Asri Group’s chemicals business is supported by core infrastructure assets encompassing
strategic energy, electricity, water, jetty and tank farm facilities. For more information, visit:
www.chandra-asri.com


For further information, you may contact:
Chandra Asri Group
Suryandi                                                           Chrysanthi Tarigan
Director HR & Corporate Affairs                                    Head of Corporate Communications
Telp: 021- 530 5790                                                Telp: 021-530 7950
Email: suryandi@capcx.com                                          Email: corporate.comm@capcx.com

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Names mentioned 4 people and organisations named in the text · linked when the evidence is strong

linked org PT Chandra Daya Investasi p.1
possible org Chandra Asri Pacific Tbk p.1 ×2
unresolved org PT Chandra Shipping International p.1
unresolved org PT Marina Indah Maritim p.1

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