Aster Chemicals se développe avec l’acquisition de Chevron Phillips.

Aster Chemicals and Energy (Aster) a signé un accord pour acquérir Chevron Phillips Singapore Chemicals Pte Ltd (CPSC) via sa filiale Chandra Asri Capital Pte Ltd. CPSC, qui possède une usine de fabrication de polyéthylène haute densité de 400 000 tonnes par an sur l’île de Jurong à Singapour, est une coentreprise entre Chevron Phillips Chemical, EDB Investments et Sumitomo Chemical. Les actionnaires ont unanimement approuvé la vente.

Cette acquisition renforcera la chaîne de valeur d’Aster, qui dispose déjà d’importantes capacités de raffinage et d’actifs chimiques dans la région. Elle permettra à Aster d’élargir son offre et d’encourager l’innovation et la collaboration dans le secteur. Selon Erwin Ciputra, PDG d’Aster, cette opération soutient la stratégie de croissance de l’entreprise. La transaction reste soumise aux conditions de clôture habituelles.

— Aster Chemicals and Energy (Aster) has reached a sales and
purchase agreement to acquire Chevron Phillips Singapore Chemicals Pte Ltd (CPSC)
through its affiliate Chandra Asri Capital Pte Ltd. CPSC owns and operates a
polyethylene manufacturing facility on Singapore’s Jurong Island. CPSC is a joint
venture between Chevron Phillips Chemical, EDB Investments Pte Ltd and Sumitomo
Chemical Company, Ltd.
Shareholders of CPSC unanimously agreed to the sale, demonstrating confidence in
Aster and enhancing the value chain for its future growth and development. CPSC’s
high-density polyethylene manufacturing facility on Jurong Island has an annual
production capacity of 400 KTA.
Aster has a fully integrated refinery capacity of 237,000 barrels per day alongside a 1.1
million metric ton ethylene cracker on Bukom Island, and downstream chemical
assets on Jurong Island. From closing of this transaction, CPSC will join the Aster group
of companies and will augment Aster’s footprint as a leading chemical and
infrastructure player in the region, creating new opportunities for collaboration and
innovation within the industry.
Group CEO of Aster, Erwin Ciputra, said “This acquisition represents a key
achievement for Aster, supporting our strategic goals with new capabilities and
strengthening our offerings to customers. CPSC’s manufacturing operations will
enhance our ecosystem and advance opportunities for innovation and new
collaboration. We look forward to welcoming CPSC to the Aster group of companies
and together with its talented team, I am confident that we will achieve new heights of
growth for ourindustry. »
The transaction is subject to customary closing conditions.