PT Alkindo Naratama Tbk (“ALDO”), PT Alkindo Naratama Tbk (“ALDO”), an issuer engaged in the paper and chemicals business started business activities in 2023 by starting the process of commissioning new machines to increase production capacity of recycled brown paper recycle (recycled brown paper). Commissioning is the process of ensuring that all systems and components of the new machine comply with the planned operational requirements. "After being delayed due to the lockdown in China, we hope that the commissioning process for the Company's new machines can be carried out smoothly in early 2023," said ALDO Main Director, H. Sutanto.

After the new machines can operate commercially, ALDO's production capacity of recycled brown paper will increase to 220,000 tons per year from the current production capacity of around 80,000 tons per year.

Efforts to drastically increase production capacity are in line with the Company's optimism that the demand for products made from recycled brown paper will continue to grow. The demand for products made from recycled brown paper for packaging purposes is expected to soar in 2023, driven by the digital economy which is expected to skyrocket. Meanwhile, the strong relationship between the Company and its corporate customers is also a strength in itself that contributes to this optimism.

In addition, it is believed that increasing public awareness of the importance of environmental sustainability will help increase the demand for products made from recycled brown paper. The trend of increasing public awareness of the importance of environmentally friendly products can be seen in Nielsen's report, Sustainable Shoppers: Buy the Change They Wish to See in the World, which says that 81% of consumers want the company's contribution to improve environmental conditions.