Transform Waste with Economic Value
Every year, vast amounts of waste challenge the health of our natural landscapes and communities. In response, Petrindo Jaya Kreasi, the holding company behind Petrosea, has launched “Transform Waste with Economic Value” (Ubah Limbah Bernilai Ekonomis). This transformative initiative reimagines waste as a valuable resource by integrating circular economy principles into community waste management.
Impact
as of December 2024
Partnering with the Balikpapan Main Waste Bank and the community group KUBE Srikandi Bersatu in Kariangau Village, the initiative empowers residents with targeted education and hands-on training to effectively separate and process waste.
In 2024, this community-driven model not only diverted 2.8 tons of organic waste, 8.8 tons of inorganic waste, and 33.3 tons of residual waste into productive recycling streams but also delivered tangible economic benefits. Revenue collected from waste increased to Rp 13.8 million in 2024—up 45% from Rp 9.5 million in 2023—demonstrating the growing economic viability of the program. With 22 participating households, the Waste Bank enabled residents to exchange sorted waste for value, generating an average monthly transaction of Rp 1.1 million.