Tag: Indorama

  • 12 Sep

    Indorama Ventures to Invest USD 150 Million in PET Recycling Plants in India

    Indorama Ventures, a global chemical company, is investing USD 150 million in three PET recycling plants in India. The plants are expected to start commercial production in 2026. The recycled PET from the plants will supplement Indorama Ventures' current 800,000 tonne/year PET production for the Indian and export markets. Indorama Ventures CEO Aloke Lohia said the investment is in line with the company's commitment to sustainability and its goal of reducing the use of fossil fuels in the production of new products.