News

PT Polychem Indonesia Tbk held its Annual General Meeting of Shareholders (AGM) in the Sakura Room Meeting Room, Grand Tropic Suites Hotel, located at Jl. Letjen S. Parman Kav. 3, West Jakarta, on Monday, June 5, 2023, from 10:19 to 10:58 AM WIB.

The meeting was chaired by the Independent President Commissioner, Mr. Bacelius Ruru. It was attended by shareholders, a Public Accountant, a Notary, and PT Datindo Entrycom (a Capital Market Supporting Institution). The AGM achieved a quorum as it was attended by shareholders representing 3,325,953,110 shares with valid voting rights, or 85.52% of the total shares with valid voting rights issued by the Company.

The meeting provided an opportunity for shareholders to ask questions and/or give opinions related to the agenda items. However, no shareholders or their proxies asked questions or gave opinions related to the agenda items during the meeting. Decisions were made openly and through deliberation to reach consensus. If consensus was not reached, decisions were made by voting.

PT. Polychem Indonesia Tbk has held the Annual General Meeting of Shareholders (“Annual GMS”) which was held at the Sakura Room Meeting Room, Grand Tropic Suites Hotel, which is located at Jl. Lt. Gen. S. Parman Kav.3, West Jakarta. On Wednesday, August 25, 2021 at: 14.00 -15.10 WIB. The meeting was chaired by the Independent President Commissioner, Mr. Bacelius Ruru. This meeting was attended by shareholders, Public Accountants, Notaries, PT Datindo Entrycom (Capital Market Supporting Institution).

The General Meeting of Shareholders has fulfilled the quorum because it was attended by shareholders representing 3,325,563,510 shares with valid voting rights or 85.51% of all shares with valid voting rights issued by the Company.

After the Annual GMS was held, then on the same day and place Wednesday, August 25, 2021, the Sakura meeting room, Grand Tropic Suites Hotel, at 15:30 -16:30 WIB PT Polychem Indonesia Tbk., held a Public Expose event which was attended by Company Management, Company Staff and Mass Media. The event was led by Mr. Gunawan Halim (Director), Djunali Djuwati (Director), Wiji Santoso (Director), Mr. Chandra Tjong (Corporate Secretary), Mr. Lu Tjen Wie (General Manager Finance and Accounting).

PT Polychem Indonesia Tbk announced the Company’s performance during the first 6 (six) months of 2021, The acquisition of the Company’s comprehensive profit/loss for the first 6 (six) months of 2021 increased by 143.28% from a comprehensive loss of USD 14.81 million in 2020 to comprehensive profit of USD 6.41 million in 2021. With the ongoing Covid-19 pandemic and unstable USD currency fluctuations as well as product prices in the international market, the Company’s management must optimize the composition of its production capacity by reducing production capacity for products that are losing money and increasing its production capacity. production capacity for profitable products.

The Company’s strategy to continuously improve the Company’s performance is to increase the production capacity of ethoxylate products, for the long term plan, the Company will expand the ethoxylate plant 3 which is estimated to increase the production capacity of ethoxylate by 50,000 tons per year.

TRAINING & COMPETENCE CERTIFICATION

The company in operating the Merak Plant always manages waste and air emissions properly in an effort to preserve the environment. To achieve this, employees who have the competence and certification are needed which are PROPER requirements.

Training and Certification Test for PPLB3 (Responsible for Hazardous Waste Management) & POPLB3 (Responsible for Operational Waste Management) with participants Irfan Rifani dept. Production and Flash dept. Q.A (15-17 April 2021). The participants of the POIPPU Training & Certification (In charge of Operations for Air Pollution Control Installation) PPPU (Air Pollution Control), the participants Gawang Pamungkas and Steevan Hendranto (22-24 April 2021) the training was carried out by PJK3 vendors online using the Zoom application.

The competencies to be achieved from these 2 trainings are to increase employee competence in B3 Waste Management and Control and operationalize Air Pollution Installation and Control at the Merak Plant. The fulfillment of the training is so that the Merak Plant has employees with PPLB3, PPPU, POPIPU certifications so that they support the fulfillment of PROPER criteria.

Since the government’s policy on Large-Scale Social Restrictions (PSBB) was implemented, almost all public activities have become completely limited. Government agencies, SOEs and private companies have implemented work from home (WFH), where during a pandemic, physical distancing is a must.

This training & certification held by external training vendors from On class Training to Virtual training / On Line class Training has become a demand in the new normal era as it is today. The training activities at the Merak Plant went well using the online system. one example of some inter-plant training from HO using the zoom application.

With human resources who have competence in their field and are able to implement PROPER provisions, we hope that our operational plants will meet the target and we will achieve a Green Rating. Let’s Fight Together.

The world is experiencing extraordinary challenges since 2019 until now. The Covid-19 pandemic has forced many industries to transform and adapt. Our company also, as an annual routine event of PT. Polychem Indonesia Tbk, this year’s Brief Manager event was held virtually with 4 meeting places, namely HO-Jakarta, HO-Tangerang, Merak Plant and Karawang Plant. As well as some participants from home via Zoom meeting.

Brief Manager by continuing to apply Prokes such as washing hands, checking temperature, wearing masks, keeping distance and avoiding crowds. The company is very strict & consistent in preventing the spread of the Covid-19 Virus.

The Manager Brief was held on March 24, 2021, with 34 participants from the Head Office, Merak Plant and Karawang Plant. Also attended by Mr. Johan Setiawan as Vice President Director and Mr. Gunawan Halim as Finance, Acct, MIS, Proc & Marketing Director.

Brief Manager with Online Meeting became a challenge for the committee, namely bandwidth should not drop. If this happens, it causes an unstable connection / connection error, so the on line meeting will be disrupted.

In this Manager’s Brief, the theme “Let’s Fight Together” means that the company’s performance is not good due to the Covid-19 Pandemic and other impacts. In the same condition, there are employees who have contracted this virus in HO and Plants. The Covid-19 Protocol Response Team-PT Polychem Indonesia Tbk., continues to struggle by implementing the Prokes strictly and consistently in the hope of stopping the spread of the virus. The company invites the team to be solid, to continue to strive to improve the performance of employees, departments and plants so that they can emerge as winners from this difficult condition.

The Brief Manager event began by inviting participants to watch the Video Opening (an important world event from 2019 to 2021 that had an impact on the company). Furthermore, the event was opened by Host Maharani Enzitha A. with relaxed and enthusiastic gameplay. Don’t forget to give a prayer for the late TN Pal (Production Director – Chemical Division) who died in December 2020.

The host invites participants to take part in the Kahoot Game – containing serious questions & from outside of work – so that participants in participating in this activity are cheerful and have a sense of togetherness. Consolation prizes are awarded to the highest three in the game.

The next session of the 2019-2020 Performance Review was delivered by Mr. Lu tjen Wie and Mr. Wiji Santoso explaining the company’s Financial performance and Operation Review. Then the two Directors responded to the Performance Review.

Open Discuss is the main event of the Brief manager this time. This session was briefed by Mr. Wiji Santoso. In this session, Mr. Chandra Tjong also invited to review the Company’s Vision & Mission to be more in sync with the profit center in the future.

Open Discuss session Management wants to encourage key positions to discuss Strategic Planning based on the Performance Review in the previous year so that they are able to anticipate and survive from difficulties in 2020-2021. To know more about the plans made, participants present from HO and Plants and continue with questions. answer from each location.

In the 2021 Brief Manager activity, a Tagline Competition was also held before the Brief Manager was held. Tagline Competition so that employees are concerned about the future of the company and are involved in efforts to improve employee performance. The winners of the Tagline Competition were also presented at this virtual meeting.

At the end of the event, the Host invited the participants to work together to get out of difficult conditions, keep running Prokes, Healthy Greetings from Indonesia and LETS FIGHT TOGETHER.

In 2017 PT Polychem Indonesia, Tbk received 4 awards with different categories, including:

1. Land and Building Tax PT Polychem Indonesia obtained the Award Charter for 2017 Tax and Earth and Building Payment on time.
2. Environmentally Friendly Companies PT Polychem Indonesia Tbk. – Merak Plant was awarded as an environmentally friendly company with a good predicate in 2017
3. Proper Blue Rank PT Polychem Indonesia Tbk. – Plant Merak received an award for the Implementation of Corporate Performance Rating Program (PROPER) with Blue Rank for the fourth time.
4. A new standard of 100 with the Oeko Tex

Label STANDAR 100 by OEKO-TEX® is an independent product label for all types of textiles tested for hazardous materials – from yarn and fabric to ready-made goods. In January 2018, all companies must use the new STANDARD 100 label template for any communication purposes, including labeling ready-made products.

By getting the award, it reflects that PT Polychem Indonesia, Tbk is a very committed company.

On Thursday, September 8, 2016, PT Polychem Indonesia, Tbk was able to get an award, namely the 2016 Indonesia Human Capital Study in which PT Polychem Indonesia, Tbk received three awards at the moment, including:

1. Best of CEO Commitment on Human Capital Development,
2. Best Engagement (Basic Industry and Chemical Sector),
3. Best of Human Capital Initiatives (Best Industrial Relationship Initiatives).

The appreciation was held at Rafflesia Grand Ballroom in Balai Kartini Jakarta with the theme “Employee Engagement: The Drive To Key Result.

On this occasion, Mr. Gautama Hartanto as President Director of PT Polychem Indonesia, Tbk was named the Best CEO Commitment on Human Capital.

In 2016 PT Polychem Indonesia not only received the Indonesia Human Capital Study award in 2016 PT Polychem Indonesia, Tbk also received a Blue Proper rank for 3 (Three) Periods. Proper is an Environmental Management Company Performance Rating Assessment Program developed by the Ministry of Environment (KLH) since 1995, to encourage companies to improve their environmental management.

The proper objective is to increase the role of the company in managing the environment while at the same time creating a stimulant effect in fulfilling environmental regulations and adding value to the maintenance of natural resources, energy conservation and community development. In this case PT Polychem Indonesia, Tbk the Peacock Factory became one of 1930 companies and from 111 types of industries participating in the 2015-2016 Proper Period.

In addition, PT Polychem also received an award from the Serang Regent, for its achievements and participation in the development of Serang Regency through the timely payment of Land and Building Taxes and received an award from the Serang Regent, as an Environment Friendly Company with a Good Predicate, for the efforts that have been made The Company in Environmental Management.

On December 15, 2016 at the Harris & Convention Hotel, the Citylink Festival, Bandung, was awarded the Properda Blue Rank for Karawan Factory. This national level Proper was submitted by BPLHD on 15 December 2016 to 151 companies in West Java. PT Polychem Indonesia Tbk won a positive performance report card in environmental management in the 2015-2016 period. The Blue Properda report card received by the Company is a tangible proof of the Company, to continue to maintain the commitment and maintain the environmental quality standards set by the Ministry of Environment and Forestry of the Republic of Indonesia.

Corporate Secretary

The main duty of the Company Secretary is to ensure that the company complies with and abides by the laws, regulations and stipulations in the capital market. In addition, the Company Secretary functions as the speaker in communicating policies and achievements of the Company to shareholders, investors, capital market analysts, mass media, the general public, government officials and capital market supervisor.

Corporate Secretary PT Polychem Indonesia Tbk, was appointed and dismissed on the basis of the decision of the Board of Directors dated 27 June 2016 and has implemented appropriate regulation of the Financial Services Authority, i.e. rule number 35/POJK. 04/2014 dated 8 December 2014 concerning the Corporate Secretary of Public Listed Companies

Chandra Tjong graduated from Department of Electrical Engineering of Krida Wacana Christian University (Ukrida) in 1993 and graduated from Mathematics and Natural Sciences Department of Chemistry of University of Indonesia in 1994. After graduating he joined PT. Polychem Indonesia since August 1994 in Tangerang Factory. With the expansion of the factory in 1996 in Karawang then he participated in polyester project development in Karawang and became Plant Manager at Karawang Plant in 2004. To improve the management skill, he continued his studies for  Master degree in Management majoring in Finance at Tarumangara University in mid of 2005 and graduated with summa cum laude predicate in 2007. In 2006 he was appointed as Purchasing Manager at head office and from 2008 until now was appointed as Local and Export Marketing Manager. In 2016 he was entrusted to be the Corporate Secretary of PT. Polychem Indonesia Tbk.

At 3.15 PM, Friday, May 22, 2015 Mr. M. Hanif Dhakiri, Minister of Manpower and Transmigration arrived at the lobby of PT. Polychem Indonesia Tbk. – Karawang Plant to close Co-Class Training activity with the theme of Industrial Relations and Productivity, with participants from employers, unions, government. With Minister’s appearance in a plain white dress shirt and black pants and straightforward way in giving the speech, the atmosphere becomes liquid.

1. Polychem Indonesia Tbk. Karawang Plant which is located in Taman Niaga Prima Karawang, Wanasari Village, Teluk Jambe, Karawang, West Java, has been held Co-Class training which involving elements of industrial relations which are employers, employees and government, with the theme of Industrial Relations and Productivity.Co-Class Training was initiated by PT. Polychem Indonesia Tbk in collaboration with the Ministry of Manpower and Transmigration and the United In Diversity (UID). Co-Class training was attended by representatives of employers and workers from several companies, namely PT Pindo Deli’s, PT Asia Pacific Fiber, PT World Yamatex Spinning Mills, PT Daya Cipta Kemasindo, PT INOAC, PT SSA Food Hall, PT PLI SOGO, PT Softex, PT Filamindo/PT SSJ, PT Gajah Tunggal Tbk., PT. Polychem Indonesia Tbk. While government representatives represented on Manpower – Jakarta and Manpower Agency Districts. As observers in the event are PT Bukit Baiduri Energi, PT Gajah Tunggal Tbk., and Polytechnic Gajah Tunggal.PT. Polychem Indonesia Tbk. is very concerned about industrial relations and sees it as an important role within a company because it determines the operational stability and focus of the company. One operational parameter is human resources (employees). Employees, like we know, very dynamic and unstable from time to time.

   The purpose of this activity is to synchronize perception or thought about industrial relations among all stakeholders, so that the objectives of each party could be communicated well and could decide decisions that a win-win solution, so that the common goal as the priority, namely Convenience & Progress of Business, Employees

   ’Welfare and Advancement of Government.

   In Co-Class Training, active participation of employers/management, labor and government are synergized together to solve the problem. It is based on the principles of rights, equality, justice and participation in decision-making. Methods are include, expression, democratic participation, playing games, role plays, ensure participants have the same opportunity to take part, and conflict resolution. The event was held for 3 days starting on 20 up to May 22, 2015 with the facilitator was United In Diversity (UID). Numbers of participants and invited guests were approximately 60 people.

   Industrial relations is involving employers/management, employees and governments in the dynamics of the industry, will interact with each other in line or otherwise counterproductive. Employees who represented by a union have differences of opinion in the interpretation of the rules by the management. Unions are principled “the main thing is”, while Management does not pay attention to the union and pays more attention to Disnaker

   ’s inputs only. In the other side, Disnaker is slow in responding to the complaint of the union. In summary this is the reason for all parties to sit together in a forum.
   

In this Co-Class, Training all parties agreed to develop a culture: Open Minded (open to receive input), Open Heart (The action begins with the heart), Open Will (there must be a willingness to solve the problem).

At the end of this activity, all participants took picture together with Mr. M. Hanif Dhakiri and signed a joint commitment, which is: “We strongly believe that a harmonious relationship will create a better common progress. Issues must be completed with our open hearts. The second family is where we spend time interacting with them every hour, day, month and even year”. Hopefully this activity is beneficial to employers, unions, and government so that the harmonious industrial relations could be realized.