Jakarta - PT Chandra Asri Petrochemical Tbk (TPIA) received a sustainability-linked trade facility from PT Bank UOB Indonesia worth US$100 million.

"Chandra Asri is proud to be collaborating with UOB on this extraordinary facility. Both companies share the same commitment to achieving environmental, social and governance (ESG) goals and are an essential element of the DNA of both companies, "said Chandra Asri Petrochemical Finance Director Andre Khoer in a written statement in Jakarta on Monday (7/25).

Furthermore, the trade funding facility related to sustainability aligns with the sustainability objectives based on the company's corporate sustainability framework.

Meanwhile, UOB Indonesia Wholesale Banking Director, Harapman Kasan, said he was proud to partner with Chandra Asri in providing a sustainability-linked trade funding solution that UOB first launched in Indonesia. 

"As a bank, we have a responsibility to sup