Thai synthetic fibre giant forms joint venture with Chinese polyester recycler in a bid to recycle 100,000 tonnes of PET each year
BANGKOK / ZHEIJANG - Indorama Ventures' (IVL) Fibers business and Jiaren Chemical Recycling have formed a joint venture in a bid to unlock up to 100,000 tonnes of textile-recycled PET spinning capacity annually.
Thailand's IVL Fibers is a leading global supplier of recycled technical textiles, polyester fibres and yarns, while Chinese company Jiaren Chemical Recycling is an innovator in chemical polyester recycling.
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