# 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.

- Type: Partnership
- Announced: 2026-08-20
- Where: Thailand
- Status: announced
- Capacity: about 400 million PET bottles' worth of recycled PET preforms per year
- Products: recycled PET preforms, recycled PET, circular PET packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (partner)
- [Suntory](https://endata.com/companies/9531.md) (partner)
- [Suntory PepsiCo Beverage (Thailand)](https://endata.com/companies/14580.md) (customer)
- [Iwatani](https://endata.com/companies/14581.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/indorama-suntory-iwatani-packaging-thailand/), 2026-08-20: "The venture is expected to produce recycled PET preforms equal to around 400 million PET bottles a year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.