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Alpek and Indorama expand their PET recycling activities

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(USA) – The world’s largest PET manufacturer Indorama Ventures (IVL) has wrapped up the purchase of a Texas PET recycling plant previously belonging to CarbonLite Holdings, which filed for chapter 11 bankruptcy in March. IVL put the purchase price at $68.2m (ca. €57m). The facility in Mountain Creek near ...

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Waste plastics
Packaging waste
Mergers and acquisitions
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