Chandra Asri Circlo recycled plastic used in Indonesian road projects for low-carbon infrastructure

Chandra Asri is deploying its Circlo recycled plastic brand into asphalt mixes for Indonesian road and infrastructure projects. The material uses post-consumer waste as an additive, aiming to cut plastic waste leakage and lower the carbon footprint of conventional polymers. A concrete example is the Jawa 9 and 10 Suralaya coal power plant project in Banten, where Circlo plastic was incorporated into the asphalt mix by state-owned builder Hutama Karya. Circlo covers mechanically recycled pellets for flexible packaging, household goods, and construction materials. Chandra Asri claims lower greenhouse gas emissions per ton compared to fossil-based plastics and is pursuing third party certifications for quality and traceability. The company frames Circlo as part of Indonesia's national waste reduction targets and extended producer responsibility rules. For investors, Circlo represents a shift toward specialty and sustainability linked polymers within Chandra Asri's integrated petrochemical portfolio. The company is listed on the Indonesia Stock Exchange under ticker TPIA. The practical question is whether Circlo can scale beyond pilot projects and meet demand from brand owners and contractors who need verified recycled content without relying on imports.