Indorama, Suntory and Iwatani partner on recycled PET preform plant in Thailand

Indorama Ventures, Suntory Holdings, Suntory PepsiCo Beverage Thailand and Iwatani will develop commercial-scale circular PET packaging in Thailand via the Indovida venture, using flake-to-preform recycling technology. Output is expected to be about 400 million bottles' worth of preforms a year from 2028.

“The venture is expected to produce recycled PET preforms equal to around 400 million PET bottles a year.”packaging-gateway.com

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• packaging-gateway.comIndorama, Suntory and Iwatani partner on PET packaging in ThailandAug 20, 2026

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