1. Company Profile
2. Operational Financial Performance
4. Industry Outlook 3. Project Updates
15 Ebitda margin
12 25
Net Revenues EBITDA
30
10 140
93
CF from Operations Capex
16
Financial Highlights: continued
Debt, Liquidity and Covenants
17 1. Company Profile
2. Operational Financial Performance
4. Industry Outlook 3. Project Updates
Total Debt USm Cash Equivalents USm
Int. Service Coverage x
Max 50
Min 1.75x
Debt to Total Capital
Debt Net Debt
Diverse Product Portfolio
Olefins Polyolefins
Butadiene Styrene Monomer
Ethylene
Py-Gas Propylene
Mixed C
4
Polypropylene Polyethylene
Established PT Synthetic Rubber Indonesia, JV between SMI and Michelin, to build Styrene Butadiene Rubber plant.
Net Revenues US432 million
Net Revenues US250 million
Net Revenues US131 million
Net Revenues US64 million
49 28
15
Net Revenues 1H-2016: US882.1 million 100
7
18 1. Company Profile
2. Operational Financial Performance
4. Industry Outlook 3. Project Updates
Other business segment: Tanks and Jetty rent with revenues US 5mn or 1 of total 1H-2015 revenues
1. Company Profile
2. Operational Financial Performance
3. Project Updates
4. Industry Outlook
19
1. Company Profile 2. Operational Financial Performance
4. Industry Outlook
3. Project Updates
20 20
DA-415 New Propylene Tower EBR Compressor
BA-109 New Furnace
Achieved Mechanical Completion on 9 December 2015.
TAMExpansion tie-in works successfully completed on
schedule. Cracker re-started with on-spec products on 19 December, 5-days ahead of plan.
Total spending inline with budget ca. US380m.
Cracker facility capacity increased to 860 KTA up to
43 since 2016.
Cracker Expansion Project
With Cracker capacity equivalent to world-class
capacity added with plant modernization, CAP further
established its position in the petrochemical industry in
Indonesia.
21 21
Cracker Expansion Project
1. Company Profile 2. Operational Financial Performance
4. Industry Outlook
3. Project Updates
22 22
EPC contract awarded to Toyo Engineering IKPT in June 2015.
CAP has fully injected total equity of US54m.
Overall progress 32 as of June 2016.
Drainage work temporary site facility completed.
Soil improvement work, civil construction work, structure and
building erection, on-going.
Further value add CAP’s Butadie e a d “tyre e Mo o er products into high technology Synthetic Rubber products and
e ha ce CAP’s netback.
Future SBR Plant Facility Area
Soil Improvement CCR Substation
Temporary Site Facility
SBR plant project
1. Company Profile 2. Operational Financial Performance
4. Industry Outlook
3. Project Updates
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