On 15 November 2019, PT Chandra Asri Petrochemical Tbk held an Extraordinary General Meeting of Shareholders (EGMS) followed by a Public Expose 2019. Located at Wisma Barito Pacific, Jakarta, the meeting was attended by the Board of Commissioners and Directors of Chandra Asri.
Throughout the meeting, a merger plan between Chandra Asri and its subsidiary, PBI, was approved. This merger will improve the efficiency and effectiveness of the daily business activities of Chandra Asri. There is no work termination of employment because all PT PBI employees will become Chandra Asri employees.
In addition, the shareholders have approved the appointment of Mr. Tanawong Areeratchakul as a new member of the Board of Commissioners, replacing Mr. Cholanat Yanaranop, for the period from the close of the meeting until closing of the next Annual General Meeting of Shareholders which will be held in 2021.
On 7 November 2018, PT Chandra Asri Petrochemical Tbk brings home Gold Award for Manufacturing category in Operational Excellence Conference & Award 2018 (OPEXCON18) held in Ritz Carlton Pacific Place, Jakarta. In this annual event held by SSCX International, Chandra Asri competes with 220 improvement projects from various major companies in Indonesia. This year’s award marks the 6th time of Chandra Asri’s success in OPEXCON after the Gold Awards (2016 and 2013), Silver Awards (2015 and 2017) and Bronze Award (2014) in the same category.
On 29 - 30 October 2018, Chandra Asri takes part in Our Ocean Conference 2018 in Bali Nusa Dua Convention Center. Having the opportunity to talk in Ocean Talk, Chandra Asri shares information regarding plastic road, one of its sustainability programs and alternative in tackling plastic waste problem. In addition to the Ocean Talk, Chandra Asri also participate in Our Ocean Conference 2018 Exhibition to further communicate plastic road program and company's other sustainability programs.
On 25 October 2018, PT Chandra Asri Petrochemical Tbk won the highest award in Padmamitra Awards 2018 for Social Problem Handling in the Field of Poverty. The Padmamitra Awards is an appreciation platform by the Ministry of Social Affairs Republic Indonesia with the Social Responsibility Forum in Organizing Social Welfare (Kessos CSR Forum), held at the Swiss-Belhotel Ballroom in Jakarta. The award was given directly by the Social Minister of the Republic Indonesia, Agus Gumiwang Kartasasmita to Abraham Sinatrawan, CSR Manager of PT Chandra Asri Petrochemical Tbk. This appreciation was awarded for the company's commitment in implementing a sustainable CSR program to improve the surrounding community quality of life.
On 25 October 2018, PT Chandra Asri Petrochemical Tbk achieved 3 Gold Medals and 1 Silver Medals in Singapore, through International Convention on Quality Control Circle (ICQCC), one of the most prestigious international convention in quality control circle. The three gold medals were achieved by Chandra Asri Small Group Activity (SGA) in Ethylene, Electric Polymer and Utility, and as for the silver medal was achieved by Chandra Asri SGA in Ethylene Cold Section. These achievements are truly a motivation for Chandra Asri to keep making achievements and bringing more positive lights for Indonesia in international level.
On 4 October 2018, PT Chandra Asri Petrochemical Tbk share the implementation of Plastic Road at the 12th Polymer National Symposium (SNP XII) that was held at Margo Hotel, Depok. The annual program is a collaboration between the Indonesian Polymers Association (HPI) and Student Association of the Faculty of Engineering Metallurgy and Material from University of Indonesia. This event is a discussion platform for governments, academics, researchers and industry representatives. This 2018 theme of SNP XII is "Dealing Environmental Challenges with Plastic Technology”.
Mr. Edi Riva'i, Chandra Asri General Manager of Polymer TSPD had the opportunity to be a speaker. Through this platform, he shares the process of utilizing used plastic bag as an asphalt mixture material which then applied in Chandra Asri plant located in Cilegon, Banten. According to the research of the Ministry of Public Works of Public Housing (PUPR), plastic road has a 40% higher resistance rate than conventional one. Therefore, it is more durable and not easily cracked. This plastic road implementation, is a sustainability initiative from Chandra Asri to support sustainable development.