Indorama to build new PET recycling facility in Indonesia

Thailand-based Indorama Ventures Public Company Limited (IVL) has announced plans to build a new PET recycling facility in Karawang, West Java
.

PET plastic commonly used in bottles is 100% recyclable and is the most collected and recycled plastic packaging in the world
.
According to IVL, the new facility will recycle 1.
92 billion PET plastic bottles annually, create 217 new jobs and bring indirect employment to the region
.
The plant is scheduled to start in 2023, and the PET bottles will be washed and pulverized into PET flakes, which are further processed into food-grade rPET resin
.

The new facility will help support the Indonesian government's National Action Plan for Marine Plastic Debris announced in 2017, which aims to reduce the country's ocean plastic content by 70% by 2025
.
Indonesia is the largest archipelagic country in the world, with an extensive ecosystem of coral reefs, mangroves and seagrass
.
Marine plastic debris has become a major threat to the country's marine and coastal biodiversity
.

Bahlil Lahadalia, Minister of Investment of the Republic of Indonesia, praised Indorama Ventures' initiative to help the government end and alleviate the plastic waste crisis by investing in recycling facilities in this undeveloped area
.

"It's time for the government and all of us to take action to tackle waste
.
We welcome more investors who are committed to making a social impact in their communities and the environment to join us
.
"

Yashovardhan Lohia, chief sustainability officer at Indorama Ventures, stressed that PET should not end in the ocean
.

"Today's announcement is possible because Indonesia's national plan is to reduce marine plastic debris by 70%, reduce solid waste by 30%, and treat 70% of solid waste by 2025.

"

Indorama Ventures has six facilities in Indonesia, located in Puwakarta, Silegon, Tangerang and Karawang
.
The new facility in Karawang, along with its other recycling facilities in Southeast Asia, will work with existing PET flake production facilities in Indonesia
.

“The Indonesian government’s leadership on waste has enabled us to invest in the infrastructure needed
.
Giving waste economic value as a feedstock for new bottles has also driven improvements in waste collection systems,” said Indorama Ventures, PET, IOD and DK Agarwal, CEO of Fiber Combined, said, “By building the infrastructure to recycle post-consumer PET bottles into new bottles, we are reducing waste and protecting our oceans
.
This new recycling facility will support us in achieving closed-loop solutions and A shared goal of cleaning the oceans
.
"

Indorama Ventures currently has recycling facilities in Mexico, the United States, Brazil, Ireland, France, the Netherlands, Poland, Thailand, and a recycling facility in the Philippines from 2021
.
In 2019, Indorama Ventures announced its goal to recycle at least 750,000 tonnes of PET globally by 2025, investing up to $1.
5 billion towards that goal
.