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

Indorama Ventures' Indovida unit, Suntory, Suntory PepsiCo Beverage Thailand and Iwatani formed a partnership bringing Flake-to-Preform direct recycling technology to Thailand through a joint venture. The venture is expected to produce preforms equivalent to about 400 million bottles annually, supplied to Suntory PepsiCo from 2028.

“The joint venture marks the first commercial deployment of the technology in Southeast Asia and is expected to produce recycled PET preforms equivalent to approximately 400 million PET bottles annually.”packagingsouthasia.com

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• packagingsouthasia.comIndorama Ventures' partnership with SuntoryAug 24, 2026

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