# Shree Renga Polymers to invest ₹100 crore in PET bottle recycling facility in Karur

Shree Renga Polymers is investing ₹100 crore to set up a green field PET bottle recycling facility at Thennilai and Manavasi in Karur, Tamil Nadu. The project will increase rPSF capacity by six times to 130 tonnes per day and create 500 jobs.

- Type: New facility
- Announced: 2024-01-09
- Where: Thennilai and Manavasi, Karur, Tamil Nadu, India, India
- Value: $12.0M (1.00B INR)
- Jobs: 500
- Status: announced
- Capacity: 130 tonnes per day of rPSF
- Products: recycled PET bottle fibers, yarns, garments, technical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Shree Renga Polymers](https://endata.com/companies/74866.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/shree-renga-polymers-to-invest-100-crore-in-green-field-pet-bottle-recycling-facility-in-karur-signs-mou-with-tn-govt/article67723512.ece), 2024-01-09: "We are right now at ₹100 crores Annual Run Rate. This expansion will potentially take our manufacturing revenue to ₹500 crores and push EcoLine to be a ₹1,000 crore brand."

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