Indorama Ventures to acquire Polish PET recycler IMP Polowat

Indorama Ventures agreed to acquire IMP Polowat, a PET recycling business with two sites in Bielsko-Biala and Leczyca, Poland, with combined capacity of 23,000 tonnes of rPET flakes and 4,000 tonnes of rPET pellets. Closing is expected in Q3 2020, subject to regulatory approvals.

“The production sites have a combined capacity of 23,000 tonnes of recycled Polyethylene Terephthalate (rPET) flakes and 4,000 tonnes of rPET pellets.”kaohoon.com

• 2 sources
• kaohoon.comIVL Continues Its Commitment to PET Recycling with New Acquisition in PolandAug 4, 2020
• petpla.netIndorama Ventures continues its commitment to PET recycling with new acquisition in Poland – PETplanetAug 5, 2020

Summarized from public sources; check the original articles before acting on it.