Indorama Ventures Public Co. Ltd and Loop Industries Inc. announces a joint venture to manufacture sustainable polyester resin

Related Keywords: global plastic consumption, Indorama Ventures, Loop Industries, PET plastic, petrochemical manufacturing, polyester fiber sustainable polyester resin

Mumbai
Summary: 
Daniel Solomita, founder and CEO of Loop Industries said that, “We are excited to launch this partnership with Indorama Ventures, who provide a global leadership platform in petrochemical manufacturing and a shared commitment to sustainability. This joint venture combines each of our companies’ area of expertise so that we may both play a leading role in the global shift by business and consumers to the circular economy,” Also, “This is a first strategic step in our global commercialization plan and mission to accelerate the world’s shift toward sustainable plastic and away from the traditional, take, make and dispose economy.”

Daniel Solomita, founder and CEO of Loop Industries said that, “We are excited to launch this partnership with Indorama Ventures, who provide a global leadership platform in petrochemical manufacturing and a shared commitment to sustainability.

http://www.textileworld.com/textile-world/fiber-world/2018/09/indorama-ventures-and-loop-industries-inc-to-introduce-new-era-in-pet-and-polyester-recycling/
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