PT Chandra Asri Petrochemical Tbk (CAP) is a result of merger between PT Tri Polyta Indonesia Tbk (TPI) and PT Chandra Asri (CA) on January 1st, 2011. TPI was the largest Polypropylene producer in Indonesia and was established in 1984. CA was the producer of Olefins and Polyethylene products and was established in 1989.
After the merger, we became the largest publicly listed petrochemical company in Indonesia. Currently, CAP is owned by two major shareholders, Barito Pacific Group and SCG Chemicals Co., Ltd. (SCG), a subsidiary of SCG Group, Thailand.
CAP is the largest integrated petrochemical company in Indonesia that operates the country’s only world-scale size Naphtha Cracker in Indonesia. After the completion of a multiyears project of Naphtha Cracker expansion in December 2015, CAP is now able to increase its annual production up to 43% consisting of Ethylene production amounting to 860KTA, Propylene 470KTA, Py-Gas 400KTA, and Mixed C4 315KTA.
Our plant is strategically located in Ciwandan, Cilegon, Banten province, providing convenient access to our key customers. Further exploiting our geographical advantage, we have installed and are currently operating a 45 km distribution pipeline which connects our petrochemical complex to customers within the area.
We incorporate state-of-the-art technologies and supporting facilities to produce 1,330KTA of Olefins (Ethylene, Propylene), Py-Gas and Mixed C4; and 816KTA of Polyolefins (Polyethylene and Polypropylene). Our production facilities include two trains for Polyethylene products and three trains for Polypropylene products. In order to support the overall production operations, CAP has on-site power generator capacity that excesses the normal production requirements as a back-up power source which is connected to the State Power Company (PLN).
Our subsidiary, PT Styrindo Mono Indonesia (SMI), produces 340KTA of Styrene Monomer, which first started in 1992. Until today, SMI remains the sole Styrene Monomer producer in Indonesia. SMI is located in Bojonegara, Serang, Banten province, about 40 km from CAP’s main petrochemical complex in Cilegon. SMI also owns a subsidiary, PT Redeco Petrolin Utama (RPU), that engage in the business segment of tank and jetty rental. RPU is also handling refined petroleum product for local and international oil companies.
Since 2013, another subsidiary, PT Petrokimia Butadiene Indonesia (PBI) operates the only Butadiene plant in Indonesia that produces Butadiene. The 100KTA Butadiene plant consumes Mixed C4 produced from our Olefins plant as its raw materials. Butadiene is a raw material for the production of Styrene Butadiene Rubber (SBR), Acrylonitrile Butadiene Styrene (ABS), and Styrene Butadiene Latex (SBL). Furthermore, the output product from Butadiene plant will be used as feedstock for our future synthetic rubber plant that will produce raw material for environmental friendly tires.
The synthetic rubber manufacturer. PT Synthetic Rubber Indonesia, is a joint venture company between SMI and a multinational tire producer, Compagnie Financiere Du Groupe Michelin (Michelin) as a strategic partner. This joint venture reflects our objective in capturing the added value of our petrochemical value of our petrochemical products chain.