Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate (PET) resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation (IFC), a member of the World Bank. The recycling facility, located in Juiz de Fora, Minas Gerais, Brazil, is increasing its production capacity from 9 thousand tons to 25 thousand tons per year of … [Read more...] about Indorama Ventures almost triples its PET recycling capacity in Brazil, supported by IFC ‘blue loan’
PET recycling
New Life Plastics Celebrates the Grand Opening of its New Food-Grade Ready Plastic Recycling Facility to Process PET Bottles in Hong Kong
New Life Plastics Ltd (NLP) celebrated the opening ceremony of its new plastic recycling facility today. As a joint venture between ALBA Group (Asia) Limited (ALBA), Baguio Waste Management and Recycling Limited (Baguio), and Swire Coca-Cola Limited (Swire Coca-Cola), the 6,500 square metre-facility, located in Lot T6 of the EcoPark, Tuen Mun, is the largest food-grade ready plastic recycling facility in Hong Kong. Dr. Axel Schweitzer, Chairman of ALBA, Mr. Ben Ng Wing Hong, Chairman and … [Read more...] about New Life Plastics Celebrates the Grand Opening of its New Food-Grade Ready Plastic Recycling Facility to Process PET Bottles in Hong Kong
Sidel opens new hub to develop design for recycling primary packaging
Sidel has opened a new hub dedicated to PET recycling. At its unique small-scale PET recycling pilot line in Octeville, France, Sidel will develop its understanding of PET recycling to give comprehensive support to the market as it switches to greater use of recycled PET. The packaging industry is in the middle of a transition period that aims to replace virgin PET with recycled PET seeking carbon neutrality. Sidel is engaging with this transition to circular packaging solutions, enabling … [Read more...] about Sidel opens new hub to develop design for recycling primary packaging
