LONGLAVILLE – PET plastics producer Indorama Ventures has announced a partnership with chemical recycling specialist Carbios as it looks to scale the company’s proprietary technology at the former’s site in Longlaville, France.
The goal is to establish the world’s first industrial-scale enzymatic recycling plant for plastics and textiles, which is expected to cost more than €200 million (US$225m) and boast a processing capacity of more than 50,000 tonnes of post-consumer PET per annum.
“With this first medium-sized plant, we want to become the world reference for the circular economy of plastics and textiles,” noted Carbios’ chief executive, Emmanuel Ladent. “This plant will pave the way towards international commercial and industrial deployment.”
