# Indorama Ventures agrees to acquire French plastics recycler Sorepla

Indorama Ventures has agreed to acquire Sorepla Industrie S.A., a French plastics recycler with a combined capacity of 52,000 tonnes per year and 58 employees. The deal expands its food-grade rPET supply in Europe.

- Type: Acquisition
- Announced: 2018-07-31
- Where: Neufchâteau, France
- Status: announced
- Capacity: 52,000 tonnes/annum
- Products: recycled PET (rPET), recycled HDPE (rHDPE), food-grade pellets
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (acquirer)
- [Sorepla Industrie](https://endata.com/companies/3667.md) (target)
- [Aeromaritime Systems Group](https://endata.com/companies/3671.md) (partner)

## Sources

- [indoramaventures.com](https://www.indoramaventures.com/en/updates/other-release/1150/indorama-ventures-expands-pet-recycling-capabilities-with-acquisition-of-sorepla), 2018-07-31: "announced that it has entered into an agreement to acquire Sorepla Industrie S.A., a plastics recycling facility in France."
- [textileworld.com](https://www.textileworld.com/textile-world/fiber-world/2018/07/indorama-ventures-expands-pet-recycling-capabilities-with-acquisition-of-sorepla/), 2018-07-31: "announced that it has entered into an agreement to acquire Sorepla Industrie S.A., a plastics recycling facility in France."
- [lincolninternational.com](https://www.lincolninternational.com/transactions/sorepla-industrie-has-been-sold-to-indorama-ventures/), 2018-07-31: "has completed the acquisition of Sorepla Industrie via its European subsidiary Wellman International"
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-ipg-mondi-transcendia-ivl-sealed-air-corporation/), 2018-08-09: "Based in Thailand, IVL will acquire a facility comprising recycled polyethylene terephthalate (rPET), recycled high-density polyethylene (rHDPE) and food-grade pellet production lines with a combined capacity of 52,000t 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.