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Recycling

Indorama expands recycling in Brazil

by Alexander H. Tullo
August 10, 2023 | A version of this story appeared in Volume 101, Issue 26

 

A forklift operator carries a bale of used, primarily green polyethylene terephthalate bottles.
Credit: Indorama Ventures
Indorama recently expanded its polyethylene terephthalate recycling plant in Brazil.

The polyethylene terephthalate (PET) maker Indorama Ventures has nearly tripled capacity at its recycling plant in Juiz de Fora, Brazil, to 25,000 metric tons per year. The company spent $20 million on the project, which included installing equipment to wash and grind bottles. The International Finance Corporation, a member of the World Bank, provided the Thailand-based firm with a $300 million loan for such projects in Thailand, Indonesia, the Philippines, India, and Brazil.

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