PT Chandra Asri Pacific Tbk · IDX:TPIA
PT Chandra Asri Pacific Tbk — PT Chandra Asri Petrochemical — Q3 2022 Earnings Presentation
26 slides from PT Chandra Asri Pacific Tbk's earnings presentation, Nov 3, 2022
Slide 1: Q3 2022 Results
PT Chandra Asri Petrochemical Tbk Q3 2022 Results 3 November 2022 Earnings Call Presentation to Analysts and Investors
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT IMPORTANT NOTICE: This document contains forward-looking statements concerning the financial condition, results of operations and business of PT Chandra Asri Petrochemical Tbk. All statements other than statements of historical fact are, or may be deemed to be, forward-look
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Summary Highlights 02 Performance Overview 03 Strategy & Growth 04 Questions & Answers 3
Slide 4: Summary Highlights
Summary Highlights 01 4
Slide 5: Summary Highlights YTD Q3 2022
Summary Highlights YTD Q3 2022 US$2bln US$2.3bln Revenue Liquidity pool Sustaining Operational & US$11mln Financial Resilience Amidst a Challenging Top 1 Percentile EBITDA Global Environment ESG Rating 5
Slide 6: Performance Overview
Performance Overview 02 6
Slide 7: Market Product Prices
Market Product Prices Significant volatility amidst broad market movements Styrene Monomer & Olefins Polyolefin Butadiene 1,406 1,295 1,193 1,153 1,203 992 944 1,194 988 1,141 1,099 782 931 896 711 673 674 939 674 711 748 674 711 583 395 Ethylene 395 SM 395 Propylene Polyethylene Butadiene Naphtha P
Slide 8: Production & Sales
Production & Sales Sales volume reflecting soften margins whilst domestic market demand remains healthy (all figures in KT) Ethylene (1) Polyethylene Plant Polypropylene Plant Styrene Monomer Plant Prod Sales Prod Sales Prod Sales Prod Sales 639 600 521 506 479 454 423 406 427 414 224 225 166 163 65
Slide 9: Operating Rates
Operating Rates Various optimization initiatives launched reflecting market economics and dynamics Naphtha Cracker Polyethylene Plant Polypropylene Plant Styrene Monomer Plant 95% 95% 96% 97% 89% 87% 88% 65% YTD Q3-21 YTD Q3-22 YTD Q3-21 YTD Q3-22 YTD Q3-21 YTD Q3-22 YTD Q3-21 YTD Q3-22 (1) (1) Buta
Slide 10: ESG Initiatives
ESG Initiatives Launch of Chandra Asri’s holistic ESG and Sustainability Framework to underpin our various programs Global Megatrend Input Stakeholders’ Needs & Expectations CAP ESG Framework and Strategic Direction 10
Slide 11: ESG Initiatives
ESG Initiatives Resource Chandra Asri’s commitment for use and Environmental continuous improvement Resource Management in ESG pillars use and Environmental through a RESPONSIBLE focus Management REesource use and Environmental nergy Transition and Low CarbonManagement Solution Environmental Energy
Slide 12: ESG Initiatives
ESG Initiatives Track record of progress made in Environmental, Social and Governance (ESG) initiatives Emission Intensity: 0.629 ton CO2e/ton 01 (from 0.633 ton CO2e/ton in 2021) Non-Hazardous Waste Utilization: 76% ENVIRONMENTAL 02 (from 50.2% in 2021) Asphalt Plastic Road: 62.1 km 03 (multi-years
Slide 13: ESG Initiatives
ESG Initiatives Bridge Construction in Lebak Regency to Eradicate Isolation Chandra Asri together with Yayasan Relawan Kampung and the Lebak Regency Government inaugurated a suspension bridge in Ciodeng Village, Lebak Regency. Chandra Asri realizes how important it is to have a bridge in a remote vi
Slide 14: Sustainable Growth
Sustainable Growth Chandra Asri obtains SNI Certification for Gas Pipeline Applications to Support the Government’s Target to Build 4 Million Gas Pipe Connections for Households in 2024 Chandra Asri has obtained SNI 8887:2020 certification, a standard for gas pipe application raw materials for High
Slide 15: Notable Recognition
Notable Recognition 3 Award Categories in the Indonesia CSR Award 2 Awards in Bisnis Indonesia Award 2022 2022 from Economic Review Chandra Asri won 2 awards in Bisnis Indonesia Award 2022. The awards Chandra Asri won 3 award categories in the Indonesia CSR Award 2022 are: from Economic Review. The
Slide 16: Top 1 percentile industry ESG rating by Sustainalytics
Top 1 percentile industry ESG rating by Sustainalytics 16
Slide 17: Revenues
Revenues Net Revenues (US$m) Net Revenues Split (%) YTD Q3-2022 19% 30 366 1,196 217 136 $1,948m 3 61% YTD Q3-2021 11% 7% 37 238 1,210 267 126 $1,881m 3 2% 2% Olefin Polyolefin SM BD MTBE Tanks & Jetty Rental YTD 30 September 2022 17
Slide 18: Balance Sheet Highlights
Balance Sheet Highlights Robust liquidity pool of US$2.3 billion Financing Sources (%) Debt to Capitalization Offshore Bank Loans Onshore Bank Loans 5 % 38 % 57 % Max 50% 34% 27% Facilities as of 30 September 2022 IDR Bond Liquidity Pool FY 2021 YTD Q3 2022 ▪ Available Committed RCF US$343 million U
Slide 19: Strong Support from Long-term Bank Partners
Strong Support from Long-term Bank Partners Signed US$100mio Loan Facility with OCBC NISP to First recipient of US$100mio Sustainability-Linked Facilitate Domestic Petrochemical Industry Growth Trade facility in Indonesia through UOB 19
Slide 20: Financial Programme Highlights
Financial Programme Highlights Prepayment on Unsecured Export Credit Facility from Japan Bank for Successful Progress and Completion with International Cooperation Strong Support of Key Partner Banks and Investors In August 2022, Chandra Asri has prepaid the Unsecured Export Credit Facility from Jap
Slide 21: Successful Stock Split
Successful Stock Split CHANDRA ASRI STOCK SPLIT August 2022 1:4 86,511,545,092 shares Rp50,- ratio outstanding shares nominal value per share Average Volume + 315% Average Frequency +80% Average number of retail shareholders +13% 21
Slide 22: Strategy & Growth
Strategy & Growth 03 22
Slide 23: Key Strategic Focus Areas for 2022 and Beyond
3 Key Strategic Focus Areas for 2022 and Beyond Disciplined Delivery with Resilience Exponential Growth Sustainability & ESG Digital Transformation via CAP2 Complete FEED Crystalize Framework New ERP Implementation Take Final Broaden Partnerships Digital Plant Investment Decision 23
Slide 24: CAP2 Progress Overview
CAP2 Progress Overview All key milestones primed towards EPC Bidding process Sufficient Land Bank Achieved Environmental Permit for Plot Plan 1 8 (Amdal) Approved Tax Holiday for 20+2 years Obtained 2 9 LOI Signed with Utility Partner Licenses and Technology Strategic Investor Chosen - Selected 33 1
Slide 25: Questions & Answers
© Chandra Asri
Slide 26: Thank you!
Thank you! Feel free to reach out to us should you have any questions Head Office Address: Contact: PT Chandra Asri Petrochemical 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
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