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2019-12-04, 09:21

Indorama Ventures acquires Californian PET Recycler Green Fiber International

Indorama Ventures Public Company Limited (IVL), a global chemical manufacturer, has acquired Green Fiber International Inc. (GFI), a recycling company in Fontana, California, USA. The facility produces Recycled Polyethylene Terephthalate (rPET) Flakes. The acquisition has a combined capacity of 40,000 tonnes/annum.

Green Fiber International Inc. offers high-quality recycled PET bottle flakes for food contact (water and soft drinks) to the US West Coast packaging market since 2018.

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The acquisition is strategically in-line with IVL’s long-term sustainability objectives and part of the company’s stated plan to invest significantly in recycling over the next five years.

More information: www.indoramaventures.com

Indorama Ventures Public Company Limited, Bangkok, Thailand

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