Indorama Ventures news

A new agreement will supply recycled monomers for tire reinforcement, marking a step in enzymatic recycling and pre-commercialization of a new industrial site.

Discussions with stakeholders continue; state aid pending EU approval. Cash reserves and strategic adjustments ensure financial stability. New interim CEO appointed.

The plant will process 50,000 tons of PET waste annually, creating 150 jobs. It uses enzymatic depolymerization to recycle PET, reducing reliance on oil and supporting a circular economy.

Construction starts on the world's first PET biorecycling plant in Longlaville, France, with a 2025 commissioning target. The plant will process 50,000 tons of PET waste annually, creating 150 jobs.

The joint venture will invest €230M to construct a PET biorecycling plant in Longlaville, France, with plans to start construction by end of 2023 and commission by 2025.

The plant will use enzymatic technology to recycle PET, processing 50,000 tons of waste annually. The project, costing €200 million, aims to create 150 jobs and advance the circular economy.

The PTA plant's capacity will increase from 350 to 600 kilotonnes per year with a new RTO unit. PET recycling technology is also being developed, enhancing production capacity significantly.