• PT Youtube
  • PT Facebook
  • PT Linkedin
  • PT Twitter
1/2/2019

Indorama to Buy Alabama PET Recycler

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Company expands its multiple footprint in recycling to the U.S. 

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Thailand’s Indorama Ventures (IVL; U.S. office in Asheboro, N.C.) has signed an agreement to acquire a recycling facility from Custom Polymers PET, Athens, Ga.

The company entered the recycling business in 2011, with production facilities that transform post-consumer PET bottles into flakes, rPET resins and recycled polyester yarns in Europe, Mexico and Thailand. The Alabama facility—which marks the company’s first U.S. recycling venture--consists of two production lines: one for rPET flake and another for food-grade rPET pellets, with a combined capacity of 68.3 million lbs/year.

According to a company statement, this acquisition will enhance IVF’s capability to drive “closed loop sustainable solutions” while embracing the circular economy. “The acquisition of this recycling facility from Custom Polymers will allow IVL to have a secured supply of rPET flake and food-grade 100% rPET pellets in the US, and this will open up new opportunities to meet the ever increasing food grade rPET demand for more sustainable packaging solutions by major brand owners.”

 

RELATED CONTENT

  • PBT & PET Polyester: Part 2 The Performance Factor

    All things being equal, PET will outperform PBT mechanically and thermally. But the processor must dry the material properly and must understand the importance of mold temperature in achieving a degree of crystallinity that allows the natural advantages of the polymer to be realized.

  • How to Optimize Adhesion in Hard-Soft Overmolding

     Over the past decade, soft-touch overmolding has radically changed the look, feel, and function of a broad range of consumer products.

  • The Strain Rate Effect

    The rate of loading for a plastic material is a key component of how we perceive its performance.

Resources