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Home > News > Recycling

New facilities of IVL to recycle 10 billion PET bottles in Europe

Source：Adsale Plastics Network Date ：2020-12-03 Editor ：JK

10 billion post-consumer PET plastic bottles from across Europe will be recycled per year by 2023 in Indorama Ventures’ new and expanded facilities in France and Poland.

Thai-based Indorama Ventures Public Company Limited (IVL) is investing US$1.5 billion globally to expand its recycling facilities. The new investment, that will see over 1.7 billion additional post-consumer PET plastic bottles recycled, was welcomed by UNESDA Soft Drinks Europe, whose members have committed to use recycled PET (rPET) in their bottles.

François LAGRUE, Head of Operations – Europe, Indorama Ventures Recycling Group, said, “We are announcing a new recycling facility in Verdun France and expansion of two recently acquired facilities in Bielsku-Białej and Łęczycy Poland. Combined with our existing European facilities, IVL will recycle almost 10 billion post-consumer PET plastic bottles in Europe per year, by 2023. This new expanded capacity will mean that, in our facilities alone, an extra 1.7 billion more bottles will be recycled in 2023, compared with 2020.”

IVL is investing US$1.5 billion globally to expand its recycling facilities.

IVL’s new plant in Verdun along with recent acquisitions in Bielsku-Białej and Łęczycy will work with their existing PET flake production facilities in Europe. Verdun will be commissioned in Q4 2021 and IMP Polowat’s facilities in Poland were acquired in October 2020.

These provide the washed and shredded post-consumer bottles as PET flake feedstock to produce rPET resin that is suitable for food contact use. The input tonnage processed is equivalent to 9.8 billion post-consumer bottles.

Nicholas Hodac, Director General of UNESDA Soft Drinks Europe, commented, “We welcome this investment in Europe’s circular economy. This investment is another proof point that circularity works in Europe. By delivering a closed-loop system we ensure that valuable secondary raw material is not wasted and we achieve a well-functioning EU market.”

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Source：Adsale Plastics Network Date ：2020-12-03 Editor ：JK

10 billion post-consumer PET plastic bottles from across Europe will be recycled per year by 2023 in Indorama Ventures’ new and expanded facilities in France and Poland.

IVL is investing US$1.5 billion globally to expand its recycling facilities.