SINGAPORE (ICIS)–Indorama Ventures Ltd (IVL)
is building a new polyethylene terephthalate
(PET) plastic bottle recycling plant at
Karawang in west Java, Indonesia, the
Thailand-listed producer said on Tuesday.
The facility is expected to start up in 2023
and will recycle 1.92bn PET plastic bottles
annually in support of the Indonesian
government’s plan to reduce ocean debris, the
company said in a statement.
Investment details in the new recycling plant
were not disclosed.
The recycling plant…
