Jakarta - PT Chandra Asri Petrochemical Tbk (Chandra Asri) obtained a loan facility from OCBC NISP worth US$100 million to facilitate the growth of Indonesia's petrochemical industry business.

"This strategic cooperation is a good first step for both parties. As a banking partner, we hope to provide integrated and comprehensive financial services to help Chandra Asri maintain its position as Indonesia's largest integrated petrochemical producer," said Martin Widjaja, Director of Bank OCBC NISP on Thursday (7/7).

At the same time, Andre Khor, Chandra Asri's Chief Financial Officer, said, "Chandra Asri is very enthusiastic about expanding and improving with Bank OCBC NISP, a leading financial institution that provides comprehensive banking solutions to meet the needs of industrial customers.

"The Bank's commitment to long-term partnerships and a deep understanding of their customers' business models demonstrates the