Jakarta - PT Chandra Asri Petrochemical Tbk (Chandra Asri) is collaborating with LX International for potential investment in developing hydrotreated vegetable oil (HVO) facilities.

"Chandra Asri welcomes the collaboration with LX International to unlock investment potential in HVO projects in Indonesia," said Chandra Asri President Director Erwin Ciputra, Friday (8/26).

He hopes this collaboration can produce a source of Bio-Naphtha raw material that can be mixed in the Olefin Cracker Plant into monomers to be further processed into vegetable-based plastic raw materials.

"This raw material will be used to produce chemical and plastic products such as Bio-Polyethylene (PE), Bio-Polypropylene (PP), Bio-Polyvinyl Chloride (PVC), and Bio-Solution Styrene Butadiene Rubber (SSBR) in an effort to support Chandra. Beautiful towards the production of sustainable polymer raw materials," he explained.

In addition, this facility can p