Indorama Ventures acquires 85% stake in PET recycler UCY Polymers CZ

Indorama Ventures Public Company Limited completed a deal for an 85% equity stake in Czech Republic-based PET plastic recycler UCY Polymers CZ s.r.o. The investment will enable IVL to recycle about 1.12 billion additional post-consumer PET bottles in the Czech Republic annually by 2025.

“IVL will use our know-how to grow capacity and recycle more and more bottles.”indoramaventures.com

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• indoramaventures.comNew Indorama Ventures partnership will recycle over 1.6 billion PET beverage bottles in the Czech Republic by 2025 Indorama Ventures acquires 85% equity stake in UCY Polymers CZ s.r.o. (UCY) | Indorama VenturesFeb 18, 2022

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