Chandra Asri Says Operations Continue as Normal Amid Force Majeure Notice
Jakarta. Chandra Asri Pacific — a Southeast Asia-based energy, chemical, and infrastructure solutions company — issued on Thursday a clarification on its force majeure notification.
Chandra Asri Pacific recently notified its customers of a force majeure as the Middle East conflict takes a toll on energy distribution routes and international supply chains. Strait of Hormuz closures also continue to spark uncertainties.
According to Chandra Asri, the force majeure is a preventive measure that must be taken administratively in accordance with contractual provisions, serving as a form of risk mitigation against potential losses. The notification also ensures transparency on what is happening outside the company’s control.
According to Chandra Asri Group Director of Human Resources & Corporate Affairs Suryandi, the force majeure notification is a common procedure in global business practices when there is a potential disruption, including international logistics routes.
“This step is taken as a form of transparency and to prevent significant losses to our business partners and stakeholders. The force majeure notification does not necessarily reflect a halt in the company’s operations, but rather forms part of our risk mitigation efforts in response to the evolving external situation,” said Suryandi.
To date, the company’s operational activities continue to run as normal. However, Chandra Asri will keep an eye on the global developments and conduct periodic evaluations of potential implications that could disrupt its operations, either directly or indirectly.
Chandra Asri is selectively adjusting its operational run rates in accordance with supply conditions and production needs. This measure is taken to maintain business continuity and ensure the stability of supply to customers.
The company maintains a risk management framework and operational planning system designed to respond adaptively to market dynamics. The efforts include diversifying sources of raw materials, maintaining prudent inventory management, and strengthening coordination across the supply chain to preserve operational flexibility.
Chandra Asri remains in close communication with customers, suppliers, and logistics partners to anticipate conditions that may affect the fulfillment of contractual obligations.
Tags: Keywords:Related Articles
Chandra Asri Seen as More Attractive to Global Investors After Free Float Rises to 25.7%
Analysts see Chandra Asri’s free float rising to 25.7% as a positive catalyst boosting liquidity and investor appeal. said analystsChandra Asri Books Record $421 Million EBITDA in Q1, Profit Hits Historic High
Chandra Asri posts record $421M EBITDA in Q1 2026, driven by refinery strength and asset integration, with liquidity steady at $3.8B.Chandra Asri Says Operations Continue as Normal Amid Force Majeure Notice
Chandra Asri Pacific has notified its customers of a force majeure as the Middle East conflict takes a toll on energy distribution routes/Chandra Asri Unveils Share Buyback Plan of Up to Rp 2 Trillion
The company announced the buyback funds would be entirely sourced from the company's internal cash.The Latest
Spain Beats Argentina to Win Second World Cup Trophy
Spain allowed only one goal in eight matches at the tournament, setting a World Cup record for fewest goals allowed by a champion.Controversies Surrounding the Handling of Febrie Adriansyah’s Corruption Case
The Attorney General's Office has not provided a clear explanation as to why Don Ritto was detained while Febrie was not.Prabowo's Party Rebukes Hotman Paris for Invoking President in Corruption Case
Gerindra and media leaders criticized Hotman Paris after he invoked President Prabowo while defending a corruption suspect.Anwar to Address KWAP's Investment Losses in Indonesia's eFishery
Malaysia's prime minister will explain Parliament's questions over KWAP's losses from its investment in Indonesia's eFishery.Fajar and Fikri Upset World No. 1 Pair to Win Japan Open
The Indonesians prevailed 21-19, 21-17 after producing a composed performance to counter the Koreans' aggressive style of play.Most Popular
