20240404_TPIA_Laporan Informasi dan Fakta Material_31624302_lamp2.pdf

Press Release


Chandra Asri Group Explores Collaboration Opportunities with Perum Jasa Tirta II, Supporting
              the Implementation of New Renewable Energy at CA-EDC Plant


Jakarta, April 4, 2024—PT Chandra Asri Pacific Tbk (Chandra Asri Group), a leading chemical and
infrastructure solutions company in Indonesia, has signed a Memorandum of Understanding (MoU) with
Perum Jasa Tirta II (PJT II) to conduct a feasibility study related to the potential of green energy through
the development of Solar Power Plants (PLTS) and Hydro Power Plants (PLTA). The energy from these
facilities will be distributed, among other places, to the world-class Chlor-Alkali and Ethylene Dichloride
(CA-EDC) plant currently being developed by Chandra Asri Group that has a total electricity requirement
of 340MW. This research aims to promote the implementation of New Renewable Energy and support
Indonesia's target to achieve Net Zero Emissions by 2060.

This signing was conducted by Edi Riva'i, Director of Legal, External Affairs, & Circular Economy at Chandra
Asri Group; Ruly Aryawan, Director of Supply Chain at Chandra Asri Group; and Dikdik Permadi Yoffana,
Director of Business Development at Perum Jasa Tirta II, on Monday, April 1, 2024, in Jakarta.

Perum Jasa Tirta II is a State-Owned Enterprise responsible for Water Resources Management, providing
water needs for communities and industries in the West Java and Jakarta regions. PJT II also manages the
Jatiluhur Dam in Purwakarta and the Karian Dam in Lebak, Banten. In addition to power plants, this study
will also explore the potential development of Clean Water Supply Systems (SPAB) in collaboration with
Chandra Asri Group.

Edi Riva'i, Director of Legal, External Affairs, & Circular Economy at Chandra Asri Group, stated, "The
collaboration between Chandra Asri Group and PJT II is crucial in supporting the development and
operation of the CA-EDC plant, designed as a facility that implements green energy. As a Growth Partner
for Indonesia, this feasibility study is also expected to create new business opportunities in the
development of New Renewable Energy for sustainability."

Chandra Asri Group is currently developing the CA-EDC Plant, which will have a production capacity of
over 400,000 tons of Caustic Soda and over 500,000 tons of Ethylene Dichloride per year. This plant plays
a crucial role in fulfilling the increasing demand for caustic soda and ethylene dichloride products not only
in Indonesia but also in Southeast Asia. To operate this plant, initially, it will require an electricity supply
of 140 MW, which will then be increased 200 MW in 2026, bringing the total required electricity capacity
to 340 MW.

Dikdik Permadi Yoffana, Director of Business Development at Perum Jasa Tirta II, added, "Perum Jasa
Tirta II, tasked by the Government under Presidential Regulation No. 25 of 2022 to manage the Citarum
Watershed, parts of Ciliwung-Cisadane, Cimanuk-Cisanggarung, Cidanau-Ciujung-Cidurian, and Seputih-
Sekampung, undoubtedly has significant potential in the development of New Renewable Energy Sources
(EBT) to support the government's program in achieving the target of Net Zero Emissions by 2060. With
this potential, we can also collaborate with private entities such as Chandra Asri Group to support the use