PT Chandra Asri Pacific TbkIDX: TPIA

PT Chandra Asri Pacific: Chandra Asri Group Opens Access to CPN Public Terminal

· Issued by PT Chandra Asri Pacific Tbk

Summary by 6ix AI

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has obtained a Business License for the Operation of a Public Terminal from Indonesia's Directorate General of Sea Transportation, Ministry of Transportation. The license lets CPN open its port facilities to industrial players and external service users.

Key details

  • The company says the license expands CPN's role from a supporting facility for Chandra Asri Group's operations into logistics infrastructure for industrial players in Cilegon and surrounding areas.
  • CPN operates three berths with a capacity of up to 80,000 DWT (deadweight tonnage, a measure of how much a ship can carry), along with integrated storage and handling facilities for liquid products.
  • The company says the facilities can handle liquid chemical and refined petroleum products such as naphtha, liquefied petroleum gas (LPG), propylene, ethylene and butadiene.
  • CPN also has a tank farm of 56 tanks with a combined capacity of 501,606 m³ and access to shipping routes through the Sunda Strait.

6ix AI wrote this summary from the release below and checked it against the release.

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the Operation of a Public Terminal from the Directorate General of Sea Transportation, Ministry of Transportation of the Republic of Indonesia, enabling CPN to expand the utilization of its facilities. This license allows CPN to open access to its port facilities for industrial players and external service users, while expanding its role from a supporting facility for Chandra Asri Group's operations into logistics infrastructure for industrial players in Cilegon and surrounding areas. CPN operates three berths with a capacity of up to 80,000 DWT, along with integrated storage and handling facilities for liquid products. These facilities are capable of handling various liquid chemical and refined petroleum products, such as naphtha, LPG, propylene, ethylene, py-gas, raffinate-1, butadiene, and PFO, to safely and efficiently support industrial logistics needs.

In addition to the berths, CPN is also supported by a tank farm facility comprising 56 tanks with a combined capacity of 501,606 m³, as well as a strategic location with access to shipping routes through the Sunda Strait. These facilities enable CPN to support the supply chain from raw material receipt and storage to product distribution by sea. With access now open to external service users, CPN continues to expand its role as logistics infrastructure that prioritizes safety, reliability, efficiency, and service quality for industrial players.

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