Indorama Ventures

CARBIOS and Landbell Group join forces to increase circularity of PET waste at first biorecycling plant

Retrieved on:

Thursday, February 29, 2024

Pros, MEG, Memorandum of understanding, Food packaging, Landbell, Clermont-Ferrand, Indorama Ventures, Ellen, PTA, CO2, Textile, MacArthur Foundation, Recycling, PET, Water, Partnership

The partnership will leverage Landbell Group’s expertise and network in the sourcing of PET packaging and textile waste which will be prepared for biorecycling.

Key Points:

The partnership will leverage Landbell Group’s expertise and network in the sourcing of PET packaging and textile waste which will be prepared for biorecycling.
From 2026, Landbell Group will supply CARBIOS with 15 kt/year of PET flakes, ensuring a steady supply chain for sustainable PET production.
These flakes will serve as essential feedstock for CARBIOS’ production of food-grade PTA and MEG, further re-polymerized into PET.
The innovative depolymerization process developed by CARBIOS facilitates the recycling of PET waste into high-quality recycled PET.

GLOBAL PET AND FIBERS MANUFACTURER LATEST ADDITION TO INNOVAPPTIVE'S GROWING CLIENT LIST

Retrieved on:

Wednesday, January 17, 2024

Smartglasses, Software as a service, Indorama Ventures, SAP, MRO, Safety

HOUSTON, Jan. 17, 2024 /PRNewswire/ -- Innovapptive Inc., a global leader in mobile-first SaaS connected frontline worker applications, announces that it has been retained by Indorama Ventures to help the company transition from manual operations, maintenance, and warehouse processes to more agile and flexible digital ones.

Key Points:

"We appreciate the trust Indorama Ventures has placed in us to digitally transform their operations, maintenance, and warehouse management," said CEO Sundeep Ravande.
Indorama Ventures, based in Bangkok, Thailand, is a world-class sustainable chemical company with a global integrated lead in PET (polyethylene terephthalate) and fibers, serving major customers in diversified end-use markets.
mWorkOrder digitizes maintenance work order management, allowing for real-time data capture, immediate assignment of new work, and improved data accuracy.
Innovapptive helps organizations save millions of dollars on operational costs, while simultaneously improving the working life of the frontline worker.

Braskem and Oxiteno sign a partnership to supply bio-attributed ethylene

Retrieved on:

Monday, November 6, 2023

Committed to supporting the circular economy and fighting climate change, Brazilian petrochemical companies Braskem and Indorama Ventures IOD - Oxiteno announce a partnership to supply bio-attributed ethylene from renewable sources.

Key Points:

Committed to supporting the circular economy and fighting climate change, Brazilian petrochemical companies Braskem and Indorama Ventures IOD - Oxiteno announce a partnership to supply bio-attributed ethylene from renewable sources.
Bio-attributed ethylene, certified by ISCC (International Sustainability and Carbon Certification), will be used by Oxiteno to create new sustainable solutions.
This raw material is the first bio-attributed chemical product produced by Braskem from the certified mass balance approach.
“Braskem and Oxiteno have aligned sustainability initiatives and this partnership is of great importance for the growth strategy of both, being one more step for the industry towards a sustainable future.

Carbios Obtains Building and Operating Permits, in Line With Announced Schedule, for World's First PET Biorecycling Plant in Longlaville

Retrieved on:

Thursday, October 26, 2023

The plant will be built in Longlaville (54) in the Grand-Est Region on a 13.7-hectare site adjacent to the existing PET production plant of Indorama Ventures, its strategic partner.

Key Points:

The plant will be built in Longlaville (54) in the Grand-Est Region on a 13.7-hectare site adjacent to the existing PET production plant of Indorama Ventures, its strategic partner.
Emmanuel Ladent, CEO of Carbios: "Everything is now in place so that construction of our plant can officially begin!
The plant will be built on a 13.7-hectare site acquired by Carbios on Indorama Ventures' existing PET plant site without suspensive conditions2.
Carbios will handle the portion of the flow consisting of multilayer food trays at its Longlaville plant starting in 2025.

EQS-News: Carbios obtains building and operating permits, in line with announced schedule, for world's first PET biorecycling plant in Longlaville

Retrieved on:

Thursday, October 26, 2023

Textile, Water, Municipality, Industrial, PET, Euronext Growth, Water resources, Industrialisation, Clermont-Ferrand, Recycling, Rare-earth element, Cryptocurrency, Carbios, Longlaville, Indorama Ventures

Carbios obtains building and operating permits, in line with announced schedule, for world's first PET biorecycling plant in Longlaville

Key Points:

Carbios obtains building and operating permits, in line with announced schedule, for world's first PET biorecycling plant in Longlaville
The issuer is solely responsible for the content of this announcement.
Carbios obtains building and operating permits, in line with announced schedule, for world's first PET biorecycling plant in Longlaville
Clermont-Ferrand (France), 26 October 26 2023 (6:45am CET).
The plant will be built in Longlaville (54) in the Grand-Est Region on a 13.7-hectare site adjacent to the existing PET production plant of Indorama Ventures, its strategic partner.
The plant will be built on a 13.7-hectare site acquired by Carbios on Indorama Ventures' existing PET plant site without suspensive conditions [2] .

Polyethylene Terephthalate Market Overview 2023-2027: Estimated Market Size, Major Drivers And Lucrative Segments - By The Business Research Company

Retrieved on:

Wednesday, September 13, 2023

Asian Development Bank, PET, LyondellBasell, PT, Recycling, Plant, SABIC, Reliance Industries, Food packaging, Sinopec, Indorama Ventures, MDPI, SE, BASF, BASF SE, Growth, ADB, Bottled water

LONDON, Sept. 13, 2023 /PRNewswire/ -- As per The Business Research Company, the global polyethylene terephthalate (PET) market is poised for significant expansion, with an expected increase from $39.18 billion in 2022 to $42.71 billion in 2023, showcasing an impressive compound annual growth rate (CAGR) of 9.0%. Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%. This surge in the polyethylene terephthalate market is primarily attributed to the soaring demand from the packaging industry, which relies heavily on PET due to its exceptional attributes such as transparency, durability, and cost-effectiveness.

Key Points:

Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%.
This robust demand from packaging applications acts as a key driver propelling the growth of the polyethylene terephthalate market.
The global polyethylene terephthalate market exhibits a concentrated landscape, with a select number of prominent players dominating the market.
In 2022, the top ten competitors collectively held a substantial 41.68% share of the polyethylene terephthalate market.

Polyethylene Terephthalate Market Overview 2023-2027: Estimated Market Size, Major Drivers And Lucrative Segments - By The Business Research Company

Retrieved on:

Wednesday, September 13, 2023

Asian Development Bank, PET, LyondellBasell, PT, Recycling, Plant, SABIC, Reliance Industries, Food packaging, Sinopec, Indorama Ventures, MDPI, SE, BASF, BASF SE, Growth, ADB, Bottled water

LONDON, Sept. 13, 2023 /PRNewswire/ -- As per The Business Research Company, the global polyethylene terephthalate (PET) market is poised for significant expansion, with an expected increase from $39.18 billion in 2022 to $42.71 billion in 2023, showcasing an impressive compound annual growth rate (CAGR) of 9.0%. Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%. This surge in the polyethylene terephthalate market is primarily attributed to the soaring demand from the packaging industry, which relies heavily on PET due to its exceptional attributes such as transparency, durability, and cost-effectiveness.

Key Points:

Furthermore, the polyethylene terephthalate market's growth momentum is set to continue, with forecasts indicating a market size of $59.39 billion by 2027, maintaining a CAGR of 8.6%.
This robust demand from packaging applications acts as a key driver propelling the growth of the polyethylene terephthalate market.
The global polyethylene terephthalate market exhibits a concentrated landscape, with a select number of prominent players dominating the market.
In 2022, the top ten competitors collectively held a substantial 41.68% share of the polyethylene terephthalate market.

SMX Leads the Transition from Linear to Circular Production through the Success in Marking rPET for Textile Production Applications

Retrieved on:

Monday, August 21, 2023

SMX, POY, RPET, DTY, Dyeing, Indorama Ventures

Indorama Ventures is evaluating SMX technology's potential as a new high-level industry standard to be joined in the future by qualified and reliable players both downstream and upstream.

Key Points:

Indorama Ventures is evaluating SMX technology's potential as a new high-level industry standard to be joined in the future by qualified and reliable players both downstream and upstream.
Through successfully marking and detecting the uniformly dispersed SMX Technology within granulated rPET, Indorama Ventures is evaluating the patented non-destructive technology's potential to authenticate premium rPET grades through its network of subcontractors and suppliers.
The SMX Technology was successfully detected within the granules after the granulation process, within the dope dyed POY and DTY polyester filament yarns and within the undyed, dyed and dope dyed fabrics, regardless of color and the process methods.
SMX has commenced commercialization discussions with several plastic manufacturers, with further updates to be provided to the market when appropriate.

Recycled PET (r-PET) Bottles Market size worth USD 4.65 Billion, Globally, by 2028 at 7.8% CAGR: Verified Market Research®

Retrieved on:

Friday, August 11, 2023

Bank statement, Process, PET, Research, Competitive landscape, USD, Government, Food packaging, Grade, Phoenix Technologies, Traction, Indorama Ventures, Geography, Growth, Bottled water, Recycling, Application

JERSEY CITY, N.J., Aug. 11, 2023 /PRNewswire/ -- The Global Recycled PET (r-PET) Bottles Market is projected to grow at a CAGR of 7.8% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.6 Billion in 2020 and is expected to reach USD 4.65 Billion by the end of the forecast period.

Key Points:

The report provides an in-depth analysis of the global Recycled PET (r-PET) Bottles Market, including its growth prospects, market trends, and market challenges.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Recycled PET (r-PET) Bottles Market, please Contact Verified Market Research® .
Based on the research, Verified Market Research® has segmented the global Recycled PET (r-PET) Bottles Market into Product, Grade, Recycling Process, Application, And Geography.
Recycled PET (r-PET) Bottles Market, by Product
Recycled PET (r-PET) Bottles Market, by Grade
Recycled PET (r-PET) Bottles Market, by Recycling Process
Recycled PET (r-PET) Bottles Market, by Application

Recycled PET (r-PET) Bottles Market size worth USD 4.65 Billion, Globally, by 2028 at 7.8% CAGR: Verified Market Research®

Retrieved on:

Friday, August 11, 2023

JERSEY CITY, N.J., Aug. 11, 2023 /PRNewswire/ -- The Global Recycled PET (r-PET) Bottles Market is projected to grow at a CAGR of 7.8% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.6 Billion in 2020 and is expected to reach USD 4.65 Billion by the end of the forecast period.

Key Points:

The report provides an in-depth analysis of the global Recycled PET (r-PET) Bottles Market, including its growth prospects, market trends, and market challenges.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Recycled PET (r-PET) Bottles Market, please Contact Verified Market Research® .
Based on the research, Verified Market Research® has segmented the global Recycled PET (r-PET) Bottles Market into Product, Grade, Recycling Process, Application, And Geography.
Recycled PET (r-PET) Bottles Market, by Product
Recycled PET (r-PET) Bottles Market, by Grade
Recycled PET (r-PET) Bottles Market, by Recycling Process
Recycled PET (r-PET) Bottles Market, by Application