Catalytic Finance Foundation

Borouge and Borealis launch feasibility study for Indonesia plastics recycling hub

Borouge and Borealis, with Catalytic Finance Foundation, Pelita Mekar Semesta and Reciki Solusi Indonesia, have begun a feasibility study for a fully integrated circular waste management and polyolefin recycling ecosystem in Indonesia. The study, funded through the Subnational Climate Fund Technical Assistance programme, will assess a proposed greenfield plastics recycling facility in East Java and the viability of the full waste-to-recycled-resin process chain.

Why this mattersA viable East Java recycling hub could add a new source of recycled polyolefin feedstock for Asian packaging converters facing tightening recycled-content rules.

• Borouge and Borealis are studying a greenfield plastics recycling facility in East Java, Indonesia
• The study covers the full chain, from turning plastic waste into feedstock to producing high-quality recycled polyolefins
• The study is funded by the Subnational Climate Fund Technical Assistance facility, with the fund managed by Pegasus Capital Advisors
• Catalytic Finance Foundation is supporting execution of the study
• Local partners Pelita Mekar Semesta and Reciki Solusi Indonesia contribute waste management and recycling expertise
• The partners describe the project as Indonesia's first fully integrated circular waste management ecosystem

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