Back to announcement
20240308_TPIA_Laporan Informasi dan Fakta Material_31595465_lamp1.pdf
Other Text extracted TPIASource file signed link, expires in 15 minutes
Extracted text 33
Page 1
COMPANY
OVERVIEW
Chandra Asri – Your Growth Partner
Classified as Confidential
Page 2
Table of Contents
1 Company Profile
2 Chemical Business
3 Infrastructure Business
Chandra Asri Pacific 2
Page 3
Company Profile
Chandra Asri Group at a Glance
Classified as Confidential
Page 4
Chandra Asri has transformed into a chemical and infrastructure solutions
Company since 2023
Before After
NAME NAME
PT Chandra Asri Petrochemical Tbk PT Chandra Asri Pacific Tbk
VISION VISION
Indonesia’s Leading and Preferred Indonesia’s leading chemical and
Petrochemical Company infrastructure solutions company
MISSION MISSION
Continue to grow and improve our At Chandra Asri, we are dedicated to
leadership position through enhancing lives, communities, and the
integration, development of human environment. Our mission is built on the
capital and preferred partnership, in a pillars of innovative solutions and strong
sustainable manner that will partnerships, with a solid commitment to
contribute to the growth of Indonesia. sustainability, safety, and best practices.
Chandra Asri Pacific 4
Page 5
About Us
Chandra Asri (or “CA”) is the Indonesia’s leading chemical and
infrastructure solutions company. Currently, having the largest
integrated petrochemical complex in Indonesia and operates the
country’s only Naphtha Cracker, Styrene Monomer, Butadiene, MTBE and
Butene-1 plants, supported by core infrastructure assets encompassing
energy, water and jetty & tank facilities, with a new Chlor-Alkali – Ethylene
Dichloride (CA-EDC) plant development on the horizon.
VISION
Indonesia’s leading chemical and infrastructure solutions company
MISSION
At Chandra Asri, we are dedicated to enhancing lives,
communities, and the environment. Our mission is built on the
pillars of innovative solutions and strong partnerships, with a solid
commitment to sustainability, safety, and best practices.
Chandra Asri Pacific 5
Page 6
Company Profile
Chandra Asri Group at a Glance
CHEMICAL INFRASTRUCTURE
▪ Strategic Vital National Object ▪ Strengthening Chandra Asri’s business
▪ Market Leadership in highly attractive franchise through expansion into core
Indonesia and SEA petrochemical market infrastructure facilities, via a dedicated
with domestic market share of up to 50%[1] special-purpose vehicle, Chandra Daya
▪ Support from Barito Pacific Group, Siam Investasi (“CDI”)
Cement Group, and Thai Oil Group ▪ CDI is focused on generating long-term,
stable, and sustainable shareholder
returns
Chandra Asri’s petrochemical streams:
▪ It provides further growth upside to the
assets under its portfolio through (i) value
C2 C3 CC4 Py-gas Butadiene
Styrene enhancement via operational excellence,
Upstream
Monomer (ii) realisation of cross-entity synergies,
and (iii) integrating ESG best practices
Synthetic
Downstream Polyethylene Polypropylene MTBE/B1
Rubber
Infrastructure
Chandra Asri’s upcoming chemical streams:
Downstream Caustic Soda Ethylene Dichloride Jetty &
Energy Water
Tank
[1] 50%, 40% and 32% of the domestic market (including imports) for Olefins, Polyethylene and Polypropylene, respectively
Chandra Asri Pacific 6
Page 7
Chandra Asri’s Corporate Structure
The Siam Cement Thai Oil
Prajogo Pangestu
Public Company Limited Public Company Limited
71.19% 100% 99.99%
SCG Chemicals Public PT TOP Investment Marigold Resources
PT Barito Pacific Tbk Prajogo Pangestu Others
Company Limited Indonesia Pte. Ltd.
34.63% 30.57% 15% 7.79% 3.92% 8.09%
100% 45% 70% 99.99% 99.99%
PT Chandra Asri
Chandra Asri Trading PT Synthetic Rubber PT Chandra Daya PT Chandra
Perkasa
Company Pte. Ltd. Indonesia Investasi Pelabuhan Nusantara
(CAP2)
100% 70% 49% 50.75% 99.99% 99.99%
PT Krakatau Chandra PT Krakatau Tirta PT Redeco Petrolin PT Chandra
Chandra Asri Capital PT Chandra Asri Alkali
Energi Industri Utama Samudera Port
Pte. Ltd. (CA-EDC plant)
(Energy) (Water) (Jetty & Tank) (Jetty & Tank)
68.07% 45% 99.99% 99.99%
PT Krakatau Sarana PT Krakatau Posco PT Chandra Cilegon PT Chandra Asri Port
Energi (Energy) Energy (Energy) Port (Jetty & Tank) (Jetty & Tank)
Chandra Asri Pacific 7
Page 8
Key Assets Strategically-Located in Cilegon, the leading industrial area in Java
N
BASF Indonesia
Trinseo Materials Styrene
Monomer Plant
Sulfindo Adi Usaha
EDC, VCM Redeco Petrolin Utama
Gajah Tunggal Tbk -SBR
Infrastructure Assets Polychem Indonesia Tbk
▪ Water treatment Merak
▪ Power plant
▪ Tank & Jetty Puloampel-Serang
CA-EDC Plant (coming soon)
Integrated Complex Cilegon
◼ Main Plant
Lotte Titan
Ethylene, Propylene, Py-Gas, Mixed C4,
Polyethylene, Polypropylene Communication Cable System Indonesia
KCE Cabot Indonesia
◼ Butadiene Plant
Air Liquide
◼ MTBE and Butene 1 Plants
Rohm and Haas
◼ SBR Plant
Asahimas
KTI
Cilegon
NSI
PP Plant OPE Plant Jakarta
SRI
Anyer Integrated Complex
Jetty Toll Road Chandra Asri’s Pipeline Road Customers with pipeline access Chandra Asri’s new subsidiaries
Chandra Asri Pacific 8
Page 9
Chandra Asri as the Growth Partner of Choice
Solid track record of growth through partnerships with world-class institutions
1 ▪ CA’s shareholder (46.34%) ▪ Pefindo Rating: idA+
▪ Indonesia based conglomerate ▪ Available land for CAP’s
1 with diversified businesses expansion
2 ▪ CA’s shareholder (30.57%) ▪ Fitch Rating: A+
8 ▪ One of the Asia’s largest ▪ Product off-taker
petrochemical companies
2
3 ▪ CA’s shareholder (15.00%) ▪ Fitch Rating: A+
▪ The largest oil refinery in ▪ Feedstock supplier
Thailand
4 ▪ One of the Indonesia’s biggest conglomerates
7 ▪ JV Partner in Jetty & Tank Farm Business through RPU
3 5 ▪ A French multinational tire ▪ JV Partner in SSBR Business
manufacturer through SRI
▪ Fitch Rating: A- ▪ Product off-taker
6 ▪ Indonesia’s largest integrated steel maker
▪ Partner in Energy & Water Infrastructure Business (KCE & KTI)
6
4 7 ▪ The 6th world’s largest steel ▪ JV Partner in Energy Business
maker; HQ in South Korea (KPE) – electricity provider
5 ▪ S&P Rating: A-
8 ▪ The first Independent Power ▪ JV Partner in Infrastructure
Producer in Thailand business via CDI
▪ Tris Rating: AA+
Chandra Asri Pacific 9
Page 10
Solid Track Record of Delivering Sustainable & Profitable Growth
Future Expansion
New PE, CAP2[1]
Cracker Merger with SSBR
PP
Expansion & TPI & BD Plant Cracker operation, MTBE and
expansion, 9,850 9,850
Acquisition Increase PE Operation Expansion BD Butene-1
Furnace
of SMI Capacity expansion
revamp
4,718
CA-EDC
5,132
C2: Δ1100 KT
900 C3: Δ600 KT
4,232 4,232 4,232 C4: Δ400 KT
4,061
171 CA: ∆400 KT
PG: Δ460KT
PE: Δ750 KT
3,458 603 MTBE: ∆128 KT EDC: ∆500 KT
PP: Δ450 KT
3,301 3,301 3,301 B1: ∆43 KT BD: Δ160 KT
157 PE: ∆400 KT BZ: Δ335 KT
625 SSBR: Δ120 KT PP: ∆110 KT
2,576 2,676 BD: Δ37 KT
TL: Δ220 KT
C2: ∆40 KT MX: Δ243 KT
100 C2: Δ260 KT C3: ∆20 KT
2,080 496 BD: Δ100 KT
C3: Δ150 KT Py-gas: ∆18 KT
Pygas: Δ120 KT Mixed C4: ∆15 KT
1,510 570 PE: Δ16 KT
C4: Δ95 KT
PP: Δ480 KT
C2: Δ80 KT
C3: Δ50 KT
Pygas: Δ60 KT
C4: Δ40 KT
SM Δ:340 KT
2005 2007 2011 2013 2016 2016 2016 2018 2019 2020 2020 2020 2026
[1] Subject to FID
Chandra Asri Pacific 10
Page 11
Highlight of Chandra Asri’s Achievements in 2023 (1/2)
Strategic steps through business diversification in the chemical and infrastructure sectors to enhance Chandra
Asri Group's business performance.
Acquisition of Krakatau Steel’s Subsidiaries: 70%
Action
Together with INA, Exploring the Establishment of a Increasing KCE’s Ownership Stake in PT Krakatau
Krakatau Chandra Energi (FKA Krakatau Daya Listrik) &
World-Scale Chlor-Alkali Plant Posco Energy to 45%
49% Krakatau Tirta Industri
Chandra Asri acquired 70% share ownership of Krakatau Chandra Asri, together with the Indonesia Investment Significant investment in the energy infrastructure sector
Description
Sarana Infrastruktur ("KSI") in Krakatau Chandra Energi Authority (INA), has signed a Memorandum of through majority-owned subsidiaries, namely KCE. The
("KCE"), formerly known as Krakatau Daya Listrik Understanding to collaborate in developing a world-scale investment is divided into 2 stages with a value of up to
(“KDL”) and 49% share ownership of KSI in Krakatau chlor-alkali plant in Indonesia, PT Chandra Asri Alkali US$200 million. With this investment value, KCE's
Tirta Industri ("KTI") on February 27, 2023. ("CAA"), on Thursday, April 13, 2023. ownership stake in PT Krakatau Posco Energy ("KPE") is
now 45%.
Increasing the capacity of water and energy supply for Supporting the acceleration of the national downstream Currently, KPE owns a power plant and supporting
industrial needs in Cilegon and the surrounding industry growth, supporting Indonesia's ambition as one infrastructure utilities with a capacity of 200MW that
community. of the world's largest nickel producers, while also operates using exhaust gas from PT Krakatau Posco and
Purpose
positioning itself in the global electric vehicle value chain. is supported by a long-term full offtake agreement
contract valid until 2038.
This corporate action is also aimed at utilizing utilities to
support operational, technical, and financial processes,
especially for the future development of Chandra Asri's
second global-scale petrochemical complex ("CAP2").
Chandra Asri Pacific 11
Page 12
Highlight of Chandra Asri’s Achievements in 2023 (2/2)
A Subsidiary of Chandra Asri Group Secures a US$194m investment from EGCO Group
“ Chandra Asri has secured a $194 million investment from the
Electric Generating Public Company Limited or EGCO Group
("EGCO"), an independent energy producer in Thailand. Following
the completion of the transaction process, EGCO will hold a 30%
stake in Chandra Asri's subsidiary, PT Chandra Daya Investasi
("CDI"), which is dedicated to infrastructure solutions.
Chandra Asri Group will continue to maintain a majority stake of
70% in CDI. The net proceeds will be used for the development of
infrastructure businesses within Chandra Asri Group and EGCO,
“ including energy, water, and tank & jetty facilities.
Chandra Asri Pacific 12
Page 13
ESG Framework
Continuous focus to weave ESG into strategic, financial and operational decisions
Resource use and Environmental Management
Energy Transition and Low Carbon Solution
Social and Community Engagement
Product Stewardship
OHS and Human Right
Nurture our People (Human Capital Development)
Supply Chain Management
I.T. and Security Management
Business Risk Management
Liability on Corporate Governance
ESG Communication and Disclosure (include
Stakeholder Engagement)
Chandra Asri Pacific 13
Page 14
ESG Excellence: Acclaimed Recognition for Sustainable Impact (1/2)
Strong ESG rating by renowned rating agency and inclusion in prominent index validates sustainable commitment
Top 3 of the Commodity Chemical Sub-Industry ESG IDX’s ESG Leaders Index
Risk Rating
In September 2023, Chandra Asri successfully maintained a “Low Chandra Asri incorporated into the IDX ESG Leaders Index based
Risk” ESG Risk Rating with a better score of 16.6. This score on the Sustainalytics rating and Chandra Asri’s Sustainability and
placed CA in the top 3 in the Global Commodity Chemicals sub- ESG performance.
Industry as assessed by Morningstar Sustainalytics.
Chandra Asri Pacific 14
Page 15
ESG Excellence: Acclaimed Recognition for Sustainable Impact (2/2)
Chandra Asri Wins ASEAN Award for Innovative Plastic Waste Solutions
Received the Plastic Waste Circularity Award at 2023 ASEAN Business Awards
Chandra Asri received an ASEAN level award for the Company's high commitment in providing solutions to the plastic waste problem in
Indonesia. In the 2023 ASEAN Business Awards (ABA), Monday, 4 September 2023, Chandra Asri won the Plastic Waste Circularity
Award for the Large Enterprise category. This award was received directly by President Director Chandra Asri, Erwin Ciputra, and
handed over by Deputy President Director PT Indika Energy Tbk and CEO of Indika Group, Azis Armand.
At the ABA 2023 event, Chandra Asri introduced a community-based end-to-end plastic waste management initiative consisting of the
Industri Pengelolaan Sampah Terpadu-Atasi Sampah Kelola Mandiri (IPTS-ASARI) facility in Cilegon which is integrated with the
SAGARA Program, i.e. empowering fishermen in the Anyar Village area, Serang Regency.
Chandra Asri Pacific 15
Page 16
Digital Transformation
Recent achievement of Chandra Asri Group in Digital Transformation to enhance efficiency, productivity,
customer service and competitiveness
National Lighthouse Industry 4.0 award by the
Ministry of Industry
Chandra Asri has been recognized with the National
Lighthouse Industry 4.0 award by the Ministry of
Industry. This award reinforces Chandra Asri Group's
position as a benchmark role model in digital
transformation for industry players in similar sectors. The
National Lighthouse Industry 4.0 award was officially
presented by the Minister of Industry, Agus Gumiwang
Kartasasmita.
This transformation involves the application of cutting-
edge digital technologies such as Internet of Things
(IoT), Blockchain Technology, Supply Chain
Automation, and Robotic Process Automation (RPA)
in our business processes and manufacturing
operations to enhance efficiency, productivity, customer
service and overall competitiveness.
Chandra Asri Pacific 16
Page 17
Chandra Asri’s Strategic Priorities
Performance underpinned by Chandra Asri’s strong track record of execution
RESILIENT PROJECT SUSTAINABLE
CORE EXCELLENCE PATHWAYS
Expand portfolio in chemical Prepare for the upcoming Maintain industry leadership
& infrastructure businesses FID of CA-EDC Plant as in ESG
part of reconfigured CAP2
Cost leadership Explore partnerships in
Integrate the newly- renewables (HVO and Bio
Operational excellence acquired companies to Products)
realize identified synergies
OPTIMISE VALUE AND SHAREHOLDER RETURNS “UPLIFT AND SMOOTHEN THE VALUE CURVE”
Chandra Asri Pacific 17
Page 18
Chemical Business
Chandra Asri Group is the Indonesia's leading chemical
and infrastructure solutions company
Classified as Confidential
Page 19
Integrated Production of Diverse Products
Chandra Asri’s products encompass across a wide range of consumer products value chains and its leading
position & strategic location enhance its competitiveness
Capacity(KT/A)
Capacity (KTA)
Capacity
Naphtha (KTA) Polyethylene
(736)
◼ Naphtha
Ethylene (900)
Styrene
consumption of
Monomer (340)
2,500 KTA at full Merchant
capacity Market
Polypropylene
Propylene (490)
(590)
Pyrolysis
Gasoline (418)
Butadiene Plant Synthetic Rubber
Mixed C4 (330) Feedstock (120)
(137)
Butadiene MTBE (128)
Raffinate-1 Butene-1 (43)
Supporting Co-generation Utilities & Water Jetty
Facilities plants facilities facilities facilities
Chandra Asri Pacific 19
Page 20
Petrochemical Producers in Indonesia
Capacity ('000 tons per year) s Others Total
Ethylene 900 - - - - - - - 900
Propylene 490 - 625 - - - - - 1,115
LLDPE 400 200 - - - - - - 600
HDPE 336 250 - - - - - - 586
Polypropylene 590 - 45 300 - - - - 935
Ethylene Dichloride - - - - 1,140 420 - - 1,560
Vinyl Chloride Monomer - - - - 900 125 - - 1,025
Polyvinyl Chloride - - - - 750 95 - 202 1,047
Ethylene Oxide - - - - - - - 240 240
Mono Ethylene Glycol - - - - - - - 220 220
Acrylic Acid - - - - - - - 140 140
Butanol - - - - - - - 20 20
2-Ethylhexanol - - - - - - - 140 140
Pygas 418 - - - - - - - 418
Crude C4 330 - - - - - - - 330
Butadiene 137 - - - - - - - 137
Benzene - - 100 - - - 207 - 307
Para-Xylene - - 270 - - - 500 - 770
Styrene Monomer 340 - - - - - - - 340
Synthetic Rubber 120 - - - - - 75 195
Methyl Tert-butyl Ether 128 128
Butene-1 43 43
Total 4,232 450 1,040 300 2,790 640 707 1,037 11,196
Chandra Asri offers the most diverse product range and is a dominant producer with market share of approximately 50%, 40%, and
32% of the domestic market (including imports) in Olefins, Polyethylene and Polypropylene, respectively.
Sources: Company, ICIS, Nexant per 2023
Chandra Asri Pacific 20
Page 21
Chandra Asri is the Country’s Market Leader for Its Product Portfolio
Focus is domestic market as Indonesia is still a net importer for petrochemical products
Largest Petrochemical Company in Indonesia[1]
Olefins Polyethylene Polypropylene Styrene Monomer
Pertamina 2% CA
CA LCT CA CA
Pertamina 46% 35% Polytama 28% 100%
22%
23% 14%
Total Total Total Total
Supply Supply Supply Supply
3.1m tons 2.1m tons 2.1m tons 0.3m tons
Import Import
Import
31% 56%
43%
Note:
[1] By production excluding fertiliser producers and including imports
Olefins Top 10 South East Asia Producers Polyolefin Top 10 South East Asia Producers
('000 tons per year) ('000 tons per year)
5000 5000
4000 4000
3000
6
3000
2000 2000
1000 1000
0 0
C2 C3 C2 Capacity Add C3 Capacity Add HD LL LD PP PE Capacity Add PP Capacity Add
Chandra Asri Pacific 21
Page 22
Well-Positioned to Benefit from Attractive Indonesian Macroeconomic Growth
and Consumption Trends
GDP Growth CAGR (2023-2027F) Polyethylene Consumption per Capita
6.8% 50
North America
Consumption per Capita (Kg)
6.2% 6.0%
5.1% 40
4.6% Northeast Asia
3.9% 30
3.0% Rising
2.5%
1.9% 20 Europe Southeast Asia Population
1.5% 1.3%
10
Indonesia Quality of Life
-
Domestic Trends
0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00%
Product
CAGR Growth 2023-2037 (%) Substitution
Foreign Direct Investment Net Inflow in Indonesia
(2020-2022) Polypropylene Consumption per Capita Consumer
Spending
(US$b)
30
Consumption per Capita (Kg)
25 Northeast Asia Urbanisation
North America
20
21.7 Southeast Asia Manufacturing
21.2 15
Europe
19.2 10 Indonesia
5
2020 2021 2022
-
0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00%
Source: Nexant, World Bank, IMF, BKPM, Worldometers, Worldpopulationreview CAGR Growth 2023-2037 (%)
Chandra Asri Pacific 22
Page 23
Strong Demand Growth for Petrochemical Products in Indonesia
End Market Total Demand Growth (2023 – 2037F CAGR)
▪ Plastic Films
▪ Containers
Polyethylene ▪ Bottles 2.9%
PE
▪ Plastic Bags 5.0%
▪ Packaging
▪ Films & Sheets
▪ Fibers & 2.9%
Polypropylene PP
Filaments
▪ Toys 5.2%
▪ Automotive Parts ROW
Indonesia
Indo
▪ Drink Cups
2.8%
Styrene ▪ Food Containers SM
Monomer ▪ Car Interiors 5.8%
▪ Helmet Padding
▪ Vehicle Tires 2.4%
▪ Synthetic Rubber BD
Butadiene 5.8%
▪ Gloves &
Footwear
Source: Nexant
Petrochemical products are fundamentals to the production of a wide variety of consumer and industrial applications, such as for
packaging, containers, automotive and construction materials.
Chandra Asri Pacific 23
Page 24
Expansion to Serve Region’s Caustic Soda & EDC Short Market
World-scale CA-EDC plant, one aimed to support the nickel downstream value chain – a critical component for
the growing electric vehicle industry
Chandra Asri through its wholly-owned subsidiary, Chandra Asri Alkali (“CAA”), is Caustic Soda & EDC Import Balance Overview
developing the CA-EDC plant, which will produce more than 400 KTA of caustic soda
Source : IHS Markit, 2022
and 500 KTA of ethylene dichloride (EDC) to serve the region’s short market.
Caustic soda is short throughout Southeast Asia, with the Indonesian
1 Soap & detergent, alumina, market short by 462KTA in 2026.
Caustic Soda 100% nickel (HPAL process) Indonesia Caustic Soda Import Balance (in KTA)
Plant
400 KTA Domestic Alumina and water 449 462
treatment industry 387 415 406 385
352 326
329 337
294
2
EDC Plant VCM-PVC plant (end use
100%
application incl. construction
500 KTA Export
& packaging industry) 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Southeast Asia EDC production is well under the regional demand,
Current Progress which was equal to ~80% of regional EDC demand and is predicted to
become ~90% in the upcoming years.
Southeast Asia EDC Import Balance (in KTA)
550
523 524 525
Join forces with INA,
Appointed a world-class Appointed a leading vinyl 512 515 519 521 522
leading licensor with the 500 506
Indonesia’s sovereign technology licensor from
state-of-the-art chlor- United States of America,
wealth fund, as
alkali technology, Asahi to develop ethylene
Chandra Asri embarks
Kasei Corporation dichloride (EDC) plant
on strategic partnership
(AKC) from Japan 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Chandra Asri Pacific 24
Page 25
Chandra Asri Invites Investors to Build CA-EDC Plant
Establishing a world-scale Chlor-Alkali & Ethylene Dichloride (CA-EDC) Plant
The development of the CA-EDC plant is meant to meet
the local and regional needs in Indonesia and the
Southeast Asia region. This investment will reduce
Indonesia's imports and expand its exports and support
nickel and alumina refining, which is the basis for battery
production for the electric vehicle industry as a core part of
the solution for the global energy transition.
Chandra Asri invites investors to participate in building the
CA-EDC Factory using a Public-Private Partnership (PPP)
pattern on an international scale, thereby bringing multiple
benefits to the country, through developing an Indonesia-
centric ecosystem with leading global companies as well
as strong partnerships and creating joint solutions.
Andre Khor, CFO of Chandra Asri & Pahala Mansury, Deputy Minister of Foreign Affairs of Indonesia
at Indonesia Incorporated Day
Chandra Asri Pacific 25
Page 26
Infrastructure Business
Chandra Asri Group is the Indonesia's leading chemical
and infrastructure solutions company
Classified as Confidential
Page 27
Core Infrastructure as New Growth Engine of Chandra Asri
Twin pillars of organic expansions and programmatic M&A strategy to support sustainable profitability
CDI Overview ENERGY WATER JETTY & TANK FARM
▪ PT Chandra Daya Investasi (“CDI”) is an
infrastructure investment arm of Chandra Asri
to operate as energy and utility services provider
covering Cilegon, West Java.
▪ Cilegon is a home to Krakatau Industrial estate, a
prominent industrial hub for petrochemical and steel
production with the highest numbers of existing and ▪ Focusing on power generation, ▪ Focusing on clean and special ▪ Focusing on tank and jetty
upcoming global-scaled projects in Indonesia, electricity distribution, and water treatment with more then service for chemical and
Description
equipped with the most advanced infrastructure. renewable energy development 40 years of operation refined petroleum products
with solar power technology ▪ The only integrated facilities ▪ Serving reputable clients
▪ Chandra Asri is in the process of maximising ▪ Being a sole distributor of from upstream to downstream including Chandra Asri, ThaiOil,
the existing assets’ utilisation, with several electricity within 2,666 Ha units in Indonesia and ExxonMobil
growth pipelines to expand capacity, and additional area in Cilegon
asset acquisitions within and beyond Cilegon.
✓ Power plant consists of 120 ✓ ~5,000 lps water treatment ✓ 2 jetties of 200 metres LOA[1]
MW CCPP, solar rooftops capacity in Cilegon area each, suitable for 35,000
Key operating assets projects and share investment and beyond DWT[2] vessel with 10m draft
in other power assets ✓ Dam with 5.4 million m3 ✓ 72 tanks with total capacity of
including 45% stake in 200 capacity 130 million litres
MW off-gas CCPP
✓ Water proprietary permits ✓ Centralised filling station for
✓ Transmission & distribution (PISDA) from Cidanau and road tankers
network Cipasauran rivers ✓ Customer order service system
✓ Strategic land of 60 Ha with ✓ Special water treatment plants for tailor-made product pick-up
750 meters coastline ready for i.e. demineralised plant and plan
future development wastewater treatment
[1] Length overall // [2] Deadweight tonnage
Chandra Asri Pacific 27
Page 28
Chandra Daya Investasi Highlights
CDI – a leading infrastructure platform, which unlocks the ability to achieve stable cashflows, with growth from
asset optimisation and future expansion, along with domestic and global reputable partners
Integrated infrastructure providers in the fastest growing Stable cashflows with secured long-term contracts
area from reputable off-takers
CDI is an infrastructure platform focusing on energy generation and Assets held by CDI have been secured with a long-term
distribution, water treatment, and tank & jetty management within contracts with reputable clients, which result in stable
Cilegon area, which is the most well-equipped and fastest growing cashflow streams with a high pass-through capability to
industrial estate in Indonesia. provide enhanced margin generation capabilities.
Potential long-term growth from optimizing assets utilization Partnerships with leading domestic and global
▪ Unlock value enhancement by cooperating with partners to partners
maximize the existing assets utilization with several growth Joint partnerships with highly reputable partners i.e.
pipelines to expand operating capacity and asset acquisitions. Chandra Asri, Salim Group, Krakatau Steel Group and
▪ CDI can leverage shareholders’ expansion projects in order to Posco, that bring in additional values and expertise to CDI.
enhance future demand for energy, industrial water and tank &
jetty.
Chandra Asri Pacific 28
Page 29
Chandra Asri’s Programmatic M&A Strategy Framework
Clear capital discipline under a clear framework
C CHEMICALS CILEGON
Aiming to support development of Chandra Asri as Strategically located in Cilegon, Chandra Asri’s home base
Indonesia’s leading and preferred chemical for the past 30 years with proximity to key customers,
company with track record of growth. distribution and logistics networks.
D DIVERSITY DEPTH
Exploring different business lines that are tied with Exploration of new opportunities for continuous improvement
Chandra Asri’s core competencies, for more varied on efficiency, to strengthen margins and enhance Chandra
source of income, to steer clear of dependency on Asri’s overall business franchise with broad-based
single market dynamics. infrastructure networks.
I INDONESIA INTEGRATION
Initiatives that will benefit Chandra Asri— New prospects to support Chandra Asri’s existing largest
considering its strong position as the market leader integrated petrochemical complex in Indonesia, and future
in highly attractive Indonesian and Southeast Asian CAP2 complex.
market.
Chandra Asri Pacific 29
Page 30
Industry Overview – Water Sector
Indonesia industrial water demand has grown at 5% CAGR since 2013 and is expected to continue growing at
4% rate by 2030
Industrial Water Market Condition
Indonesia Industrial Water Demand Forecast, m3/s
▪ Industrial water demand will reach
around 28m3/s, growing at 2x of national 28
water demand growth rate 2
24
▪ Java island is projected to contribute 5
2
around 80% of the overall industrial water
20
growth 4
2
Java
15 3
1 Sumatera
14 3 Sulawesi
1
2 21
18
15
12
10
2013 2015 2020 2025F 2030F
Source: BPS, Asian Development Bank
Chandra Asri Pacific 30
Page 31
Industry Overview – Energy Sector
Since 2019, Indonesia’s overall electricity demand has grown rapidly, and is projected to grow by 5% CAGR
moving forward
Indonesia Industrial Electricity Demand, TWh
CAGR, %
Household Industry 2019-2021 | 2021-2030
Business Social
Government Offices Street lights
390
27 0.4% 12%
311
80
21 -1% 6%
258
243 241 4
4 5 59
4 5 5 9
8 8 119 2% 4%
44
46 42
94
71 81
77
4% 4%
163
137
103 111 115
2019 2020 2021 2025F 2030F
Source: RUPTL PLN, PLN Statistics
Chandra Asri Pacific 31
Page 32
Industry Overview – Tank Sector
Indonesia’s import growth fuels third-party business expansion alongside growing domestic production, which
includes Chandra Asri’s CA-EDC plant
Indonesia Demand Growth 2019-2029 (CAGR %) vs Import Growth ∆ 2019-2029, KT
35
\\
Acrylonitrile
Acrylic Acid
Demand CAGR 2019-2029 (%)
10 Phenol Styrene
PGP
|
Ethylene N-Butanol
Ethyl Acrylate
n-Butyl Acrylate VAM
5 MDI TDI Methanol
VCM
|
Methyl Acrylate EDC Chlorine
MEG
Paraxylene
0 Acetic Acid Caustic Soda
Cumene
Acetone
|
-5 Type of Product
(Supply Chain Position)
|
Basic
-10 Intermediate
Specialty
|
-15 | | // // | // | | | // | | // | | | // // |
-540 -530 -520 -100 -30 -20 -10 20 30 80 90 100 750 760
Import Growth ∆ 2019-2029 (%)
Source: IHS & TDM database
Chandra Asri Pacific 32
Page 33
Thank you
Feel free to reach out to us should you have any questions
Head Office Address: Contact:
PT Chandra Asri Pacific Tbk Investor Relations
Wisma Barito Pacific Tower A, 7th Floor Email: investor-relations@capcx.com
Jl. Let. Jend. S. Parman Kav. 62-63 Tel: +62 21 530 7950
Jakarta 11410 Fax: +62 21 530 8930
@chandraasri.id Chandra Asri
@chandraasriID pt-chandra-asri
Visit our website at www.chandra-asri.com
Names mentioned 46 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Chandra Asri Petrochemical Tbk
p.4 ×2
unresolved
—
Petrochemical
p.4
unresolved
—
MISSION
p.4
unresolved
—
Continue to grow and improve our
p.4
unresolved
—
integration, development of human
p.4
unresolved
org
capital and preferred partnership, in a
p.4
unresolved
—
contribute to the growth
p.4
unresolved
org
Thai Oil Prajogo Pangestu Public Company Limited
p.7
unresolved
org
Pte. Ltd.
p.7
unresolved
org
PT Chandra Asri Chandra Asri Trading
p.7
unresolved
org
PT Synthetic Rubber
p.7
unresolved
org
PT Chandra Daya
p.7
unresolved
org
PT Chandra Perkasa Company Pte. Ltd.
p.7
unresolved
org
PT Krakatau Chandra
p.7
unresolved
org
PT Krakatau Tirta
p.7
unresolved
org
PT Redeco Petrolin
p.7
unresolved
org
PT Chandra Chandra Asri Capital
p.7
unresolved
org
PT Chandra Asri Alkali Energi
p.7
unresolved
org
Samudera Port Pte. Ltd.
p.7
unresolved
org
PT Krakatau Sarana
p.7
unresolved
org
PT Krakatau Posco
p.7 ×2
unresolved
org
PT Chandra Cilegon
p.7
unresolved
org
PT Chandra Asri Port Energi
p.7
unresolved
org
Redeco Petrolin Utama Gajah Tunggal Tbk
p.8
unresolved
org
PT Krakatau Krakatau Chandra Energi
p.11
unresolved
org
PT Chandra Asri Alkali
p.11
unresolved
org
PT Krakatau Posco Energy
p.11
unresolved
org
Electric Generating Public Company Limited
p.12
unresolved
org
Ministry of Industry Chandra Asri
p.16
unresolved
org
Ministry of Industry. This
p.16
unresolved
org
Minister of Industry
p.16
unresolved
org
Kasei Corporation
p.24
unresolved
org
Minister of Foreign Affairs of Indonesia
p.25
unresolved
org
Bank Chandra Asri Pacific
p.30
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.