Indorama Ventures completes purchase of CarbonLite Dallas PET recycling plant

Indorama Ventures completed its acquisition of CarbonLite Holdings' Dallas, Texas PET recycling facility, bought for nearly $64 million in a bankruptcy auction. The site, renamed Indorama Ventures Sustainable Recycling, has combined capacity of 92,000 tons a year of food-grade rPET pellets and supports more than 130 jobs.

“Indorama Ventures (IVL), Bangkok, has completed its acquisition of CarbonLite Holdings' facility in Texas”recyclingtoday.com

• 2 sources
• recyclingtoday.comIndorama Ventures adds PET recycling capacity in Texas - Recycling TodayJun 14, 2021
• lowenstein.comLowenstein Sandler Represents Longtime Client Indorama Ventures in Completed Acquisition of CarbonLite’s Texas PET Recycling Facility | Lowenstein Sandler LLPJun 16, 2021

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