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Indorama Ventures Public Co. Ltd, through its subsidiary Wellman International Ltd, acquired French plastics recycler Sorepla Technologie SA and its subsidiary Sorepla Industrie. Financial details were not disclosed. Sorepla has a capacity of 52,000 tonnes of recycled plastics per annum.
Indorama Ventures has agreed to acquire Sorepla Industrie S.A., a French plastics recycler with a combined capacity of 52,000 tonnes per year and 58 employees. The deal expands its food-grade rPET supply in Europe.