Indorama Ventures Public Company Limited (IVL), the world's largest producer of recycled PET for beverage bottles, today completed a deal for an 85 percent equity stake in Czech Republic-based PET plastic recycler, UCY Polymers CZ s.r.o. (UCY), boosting the country and Europe's plastic collection and recycling ambitions.
投資の結果、IVLは2025年までにチェコ共和国で毎年約11.2億本の消費者向けPET(ポリエチレンテレフタレート)ペットボトルをリサイクルし、UCYがドイツのチェコ共和国全体でリサイクルするボトルの総数を増やします。中央ヨーロッパでは年間16億本になります。 世界的な持続可能な化学企業であるIVLは、リサイクル施設と持続可能な生産を拡大するために世界で15億米ドルを投資しており、2025年までにリサイクル能力を年間750、000トンに引き上げています。
UCY is a strategic fit for IVL as a backward integration into the company's expanding recycled PET (rPET) footprint in Europe and across the world to secure feedstock for rPET products. UCY can produce 40,000 tonnes of recycled PET flake per year. IVL will develop UCY to serve the increasing demand for recycled PET in Europe.
UCY will work with IVL's existing PET flake production facilities in the region. These provide the washed and shredded post-consumer bottles as PET flake feedstock to produce recycled PET resin that is suitable for food contact use. PET is fully recyclable and the most collected and recycled plastic packaging in Europe.
D K Agarwal, CEO and CFO at Indorama Ventures, said: "IVL will use our know-how to grow capacity and recycle more and more bottles. As part of our commitment to sustainability and the circular economy, we are building the recycling infrastructure needed to divert PET waste from the environment. By recycling post-consumer PET bottles into new bottles, we give waste an economic value. This drives improvements in waste collection systems, meaning less waste and a cleaner environment."
Yash Lohia, Chairman of ESG Council at Indorama Ventures, said: "Our partnership will strengthen the recycling ecosystem in the Czech Republic. This growth is made possible because of our customers' commitment to bottle-to-bottle recycling, which allows us to build the recycling infrastructure Europe needs."
Maximilian Josef Söllner, CEO, UCY, said, "We look forward to adding our robust supply of post-consumer bottles, well-established technology and proven management team to IVL. Expanding our capacity by 2025 means an extra 896 million more bottles will be recycled in our facilities compared with today."
