PET recycling capabilities becomes extensive for Indorama Ventures now

Related Keywords: and packaging, beverages, Ethylene Oxide/Glycols and PTA, fibres, food-grade rPET, hygiene, Indorama Ventures, personal care, PET containers, PET packaging, petrochemicals, polymers, Recycled High Density Polyethylene (rHDPE), recycled PET, Recycled Polyethylene Terephthalate (rPET), recyclers, Sorepla Industrie, tire and safety segments

Thailand
Summary: 
Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire and safety segments. rPET resin is widely used for beverage and food packaging, also has fibre applications in Europe, a sector in which IVL holds a leadership supplier position. The demand for food-grade rPET in Western Europe is can grow at a CAGR of 7% from 2018-2021 and is currently overtaking supply. A growing emphasis on sustainability and circular economy objectives among packaging and consumer product manufacturers is expected to be amongst the key factors driving market growth. Recycled PET is well-known to be hygienic and is approved for food-contact applications in most countries around the world.

Indorama Ventures products serve major FMCG and automotive sectors, i.e. beverages, hygiene, personal care, tire and safety segments. rPET resin is widely used for beverage and food packaging, also has fibre applications in Europe, a sector in which IVL holds a leadership supplier position. The demand for food-grade rPET in Western Europe is can grow at a CAGR of 7% from 2018-2021 and is currently overtaking supply.

https://www.innovationintextiles.com/indorama-ventures-expands-pet-recycling-capabilities/
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