Indorama Ventures and Loop Industries form JV for sustainable PET in US

Indorama Ventures and Loop Industries will form a 50/50 joint venture to manufacture and commercialise 100% sustainable PET resin and polyester fibre using Loop's depolymerisation technology. Indorama will retrofit one of its existing US plants for the venture, with commercial production expected to begin in Q1 2020.

“It is expected that Indorama will retrofit one of its existing plants in the US for the recycling joint venture, using Loop's depolymerisation technology.”plasticsandrubberasia.cn

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• plasticsandrubberasia.cnIndorama and Loop to partner for sustainable PET | PRA-Plastics and Rubber Asia China Industry NewsPRAOct 6, 2018

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