Pt Chandra Asri Pacific TbkIDX: TPIA

Supporting Petrochemical Industry, Chandra Asri Group and Bank Mandiri Strengthen Strategic Partnership

· Issued by PT Chandra Asri Pacific Tbk

PT Chandra Asri Pacific Tbk (Chandra Asri Group) collaborates with Bank Mandiri to expand access to banking services for customers. This collaboration was marked by the signing of a Memorandum of Understanding (MoU) to support transactions and business activities along the value chain of the petrochemical industry at Wisma Barito Pacific Tower, Jakarta, Monday (14/9).

In this agreement, Bank Mandiri will provide payment acceptance facilities, banking transactions, and financial support according to the needs of Chandra Asri Group's customer partners. This cooperation is relevant for the petrochemical industry because the smooth transactions between raw material producers and customers from various manufacturing sectors also affect activities along the value chain. Stronger connectivity between the industrial and financial sectors can increase business efficiency and competitiveness.

In the future, the two companies will optimize service utilization according to the development of the needs of business partners. This initiative is expected to generate a multiplier effect, increasing economic activity, expanding partnership opportunities, and creating jobs in the industrial ecosystem in the long term.

Company analysis

Earlier from Pt Chandra Asri Pacific Tbk

All Pt Chandra Asri Pacific Tbk news releases