20241004_TPIA_Laporan Informasi dan Fakta Material_31732210_lamp1.pdf

Erwin further saying, "Additionally, the expansion will create new domestic job opportunities as
a new company will be established to serve as SECP’s back-end. This operation will streamline
processes, improve efficiency, and generate employment across various sectors. By focusing on
operational excellence and innovation, the new company will strengthen the value chain,
contributing to Indonesia’s economic growth and ensuring the benefits are felt throughout the
community.”
The expansion of Chandra Asri Group in the ASEAN region is also crucial for increasing economic
efficiency. With a projected Compound Annual Growth Rate (CAGR) of 4.5% in 2024 and a
combined Gross Domestic Product (GDP) of approximately $4.5 trillion by 2030, ASEAN presents
a significant opportunity for Indonesian businesses. This growth rate indicates a robust and
dynamic market where Indonesian companies can establish a stronger presence. By leveraging
strategic partnerships, investing in innovative practices, and enhancing operational capabilities,
Chandra Asri Group can effectively tap into the diverse markets within ASEAN. This expansion
will contribute to the overall economic development of Indonesia, enabling Chandra Asri Group
to compete more effectively in the global marketplace.
Beyond economic aspects, this partnership is also expected to foster collaboration and
knowledge sharing through the cross-fertilization of best practices. SECP possesses advanced
technology and innovations, operated by experienced professionals, which will facilitate
knowledge and technology transfer. In return, Chandra Asri Group, with over 32 years of
manufacturing experience, can contribute valuable insights and operational expertise to
strengthen both parties. The exchange of best practices between SECP and Chandra Asri Group
will enable both companies to optimize their processes and capabilities. Additionally,
collaboration with Glencore, one of the world's leading natural resource companies, will further
drive innovation, ensuring that the partnership remains competitive in the global market. This
synergy is also anticipated to enhance Indonesia's position on the global stage, demonstrating
the nation's ability to lead in cutting-edge industrial practices.



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About Chandra Asri Group

Chandra Asri Group is a prominent provider of energy, chemical, and infrastructure solutions in Southeast
Asia, supplying products and services to various manufacturing industries in both domestic and
international markets. With a history of 31 years and over 2,200 dedicated staff, it 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), Py-Gas 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 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, you may visit to our website: www.chandra-asri.com

For more information, please 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