IVL to Start Facility for Producing Recycled PET Bottles for Packaging Sector in Bangkok
- Aug 15, 2011
BANGKOK, Thailand -- Indorama Ventures Public Company Limited (IVL), a Polyester Value Chain producer, will increase its investment into Thailand with a new recycling plant in Nakhon Pathom Province, near Bangkok, the current location of its subsidiary Indorama Polyester Industries' Polyester Fibers and Yarns plant. Under the new project, discarded, or "post-consumer," PET bottles will be collected and recycled to produce high quality resin for making containers for consumer drinks; yarns for premium garments of environmentally-conscious brands and colored fibers for automotive and non-woven end applications.
The new investment will be able to recycle 36,000 tonnes of bottles a year to make about 28,500 tons of recycled...
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