Indorama Ventures news

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  30 September 2025

  High Court Approves Wellman International's Survival Plan

  The court-approved plan ensures job preservation with voluntary position reductions. New shares will be issued to UG World Ltd. as the new investor.
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  18 September 2025

  Indorama Ventures and BMA Complete Year 3 of Plastic Waste Management Project

  The project engaged 31,200 participants in waste separation and PET recycling, with activities in education, training, awards, and collection, promoting a circular economy in Bangkok schools.
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  5 September 2025

  Indorama Ventures Enables Scalable Bio-Based PET Fibers

  Indorama Ventures offers a certified low-carbon supply chain for bio-based PET fibers, ensuring performance and traceability while reducing emissions and supporting rapid market deployment.
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  21 July 2025

  CARBIOS Enters r-PET Tire Textile Market

  A new agreement will supply recycled monomers for tire reinforcement, marking a step in enzymatic recycling and pre-commercialization of a new industrial site.
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  19 January 2025

  CARBIOS delays Longlaville plant construction by 6-9 months due to financing

  Discussions with stakeholders continue; state aid pending EU approval. Cash reserves and strategic adjustments ensure financial stability. New interim CEO appointed.
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  25 April 2024

  CARBIOS Breaks Ground on PET Biorecycling Plant in France

  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.

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  26 October 2023

  Carbios Secures Permits for First PET Biorecycling Plant in France

  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.
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  1 June 2023

  Carbios and Indorama Ventures to Build PET Biorecycling Plant in France

  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.
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  24 February 2022

  Carbios and Indorama Ventures to Build Bio-Recycled PET Plant in France

  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.
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  10 January 2018

  Indorama Expands European Leadership with ZILS Acquisition

  The new owners will start maintenance in January 2018, increasing the workforce by 10%. Production begins in the second half of 2018, with 80% for Europe and Turkey, and 20% for the Americas and Middle East.
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  22 October 2017

  Indorama Closes Workington PET Plant

  The plant closure will not impact revenue or profitability. Customers are being served by other European plants. All actions comply with local laws and regulations.
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  6 February 2015

  Indorama Expands PTA Plant in Rotterdam

  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.