IVL invests in PET recycling in Czech Republic

RecyclablePET globalplasticIndorama Ventures, the world’s largest producer of recycled polyethylene terephthalate (PET) for beverage bottles, has completed a deal for an 85% equity stake in Czech Republic-based PET plastic recycler, UCY Polymers CZ, boosting the country and Europe’s plastic collection and recycling ambitions. A minority stake remains with the Germany-based UCY Group.

For the full story, see the March 2022 edition of Textiles Eastern Europe


Photo: Global Plastic Action Partnership