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A few days ago, Thailand's Indorama said it plans to recycle 50 billion PET bottles a year by 2025
.
In March, Indorama Corporation, through its subsidiary Indorama Ventures Packaging (Philippines) Corporation (IVPPC), entered into a joint venture (JV) agreement with Coca-Cola Beverages Philippines to establish a joint venture in the Philippines called PETValue Philippines Corp.
enterprise
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