# Indorama Ventures acquires PET recycling facility AG Resinas in Brazil

Indorama Ventures, through its indirect subsidiary, acquired 100% equity stake in AG Resinas Ltda., a PET recycling facility in Juiz de Fora, Brazil, with a capacity of about 9,000 tonnes/annum.

- Type: Acquisition
- Announced: 2020-06-10
- Where: Juiz de Fora, Brazil, Brazil
- Status: completed
- Capacity: 9,000 tonnes/annum
- Products: recycled PET flakes and pellets
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (acquirer)
- [AG Resinas](https://endata.com/companies/47799.md) (target)

## Sources

- [canplastics.com](https://www.canplastics.com/materials/indorama-ventures-acquires-pet-recycling-facility-in-brazil/1003453242/), 2020-06-10: "Thailand-based chemical maker Indorama Ventures Public Company Limited (IVL) announced that it has, through its indirect subsidiary Indorama Ventures Polimeros S.A., acquired 100% equity stake in AG Resinas Ltda., a PET recycling facility in Brazil."

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