Indorama Ventures Public Company Limited, a global sustainable chemical company has recycled 100 billion post-consumer PET bottles since February 2011. “This has diverted 2.1 million tons of waste from the environment and saved 2.9 million tons of carbon footprint from the product lifecycles,”
In the current scenario, PET bottle flakes are being extensively converted into fiber in India. The journey began with a capacity of 20 TPD approx. and has now escalated to a range of 80 to 100 TPD for solid fiber production. Numerous cotton/polyester spinning companies are now taking the initiative to establish polyester recycling fiber […]
Bangkok-based Indorama Ventures Public Co Ltd is investing US$ 150 million in three PET recycling plants in India, with plans to commence commercial production by 2026, reported PTI. The plants will be located near existing PET production facilities in Haldia, Nagpur and Panipat. This move will augment Indorama Ventures’ current 800,000 tonne/year PET production for