About Indorama Ventures
Indorama Ventures Public Company (IVL) is a global sustainable chemical manufacturing company, headquartered in Thailand with 26,000+ employees in 34 countries, 136 operational sites and a consolidated revenue of $14.6B (2021). The Rotterdam location produces terephthalic acid (PTA) and polyethylene terephthalate (PET) and serves many customers active in the packaging industry.
Indorama Ventures role in MERLIN
A circular economy is necessary to let packaging never become a waste stream. Packaging must be kept in circulation and out of the environment. To realize this, dedicated, ongoing and adequate funding for collection, sorting and recycling is needed. Indorama Ventures believes that recycled PET (rPET) will be a new engine for growth. There is considerable pressure on the usage of plastics and we understand that many people around the world want a sustainable environment, not now but also for future generations.
In the last two years, Indorama Ventures has been undertaking various chemical recycling initiatives. Chemical recycling allows for the recycling of low quality, hard to recycle, post-consumer PET to virgin-grade quality resin. To combine these initiatives with our current processes will make virgin-grade PET with recycled content possible and this will boost the circularity of PET.
Indorama Ventures contribution to MERLIN
Indorama Ventures is a large recycler of PET post-consumer packaging and has built over the years a professional network to investigate potentially relevant PET multi-layer waste streams that can be utilized for the MERLIN project. Having in-house knowledge regarding the quality assessment of PET building blocks for polymerization purposes, Indorama will also take care of the characterization of the PET monomers that will be produced in MERLIN and the repolymerization of these monomers into new PET.
Building the infrastructure the world needs to provide a circular economy through waste collection and separation in PET recycling plants and increasing the use of circular feedstocks while reducing fossil-based feedstocks will benefit not only the company but also the world.
Note: the texts above have been derived, taken and/or adapted from the following sources:
