# Indorama to acquire Custom Polymers' Alabama PET recycling facility

Indorama agreed in late December 2018 to acquire an Alabama PET recycling facility from Custom Polymers, with combined annual capacity of 31,000 tons.

- Type: Acquisition
- Announced: 2018-12-01
- Where: Alabama, United States
- Value: $1.10B
- Status: announced
- Capacity: 31,000 tons per year
- Products: recycled PET resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Indorama](https://endata.com/companies/4453.md) (acquirer)
- [Custom Polymers](https://endata.com/companies/4455.md) (target)
- [Alpek](https://endata.com/companies/4456.md) (partner)
- [Far Eastern New Century](https://endata.com/companies/4457.md) (partner)
- [M&G Chemicals](https://endata.com/companies/4458.md) (target)

## Sources

- [doi.org](https://doi.org/10.1021/cen-09702-buscon6), 2019-01-14: "it agreed to acquire an Alabama PET recycling facility from Custom Polymers"

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