2021-07-07, 09:19 |
Indonesia will by the end 2025 reduce 70 percent of its plastic debris from 2017. In this regard, Thailand-based Indorama Ventures Public Company Limited (IVL) announced that it will build a facility in Karawang, West Java, to recycle almost 2 billion plastic bottles a year in support of the government’s plan to reduce ocean debris. The facility, which is planned to launch in 2023, will recycle 1.92 billion PET (polyethylene terephthalate) plastic bottles annually and create 217 new jobs. It is part of IVL’s global commitment to divert post-consumer PET bottles away from waste and back into the circular economy, supporting the Government of Indonesia’s National Plan of Action on Marine Plastic Debris. The recycling plant will provide the washed and shredded post-consumer bottles as PET flake feedstock to produce recycled resin that is suitable for food contact use. Indorama Ventures has six Indonesian sites across Purwakarta, Cilegon, Tangerang and Karawang. In 2019 Indorama Ventures announced it aims to recycle a minimum of 750,000 metric tons of PET globally by 2025, investing up to US$ 1.5 billion to achieve this goal. IVL’s new plant in Karawang, along with its other recycling facilities in Southeast Asia, will work with existing PET flake production facilities in Indonesia. More information: www.indoramaventures.com |
Indorama Ventures Public Company Limited, Bangkok, Thailand
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