BANGKOK - Synthetic fibre giant Indorama Ventures, one of the world’s largest producers of recycled PET resin, has announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation (IFC), a member of the World Bank.
The recycling facility, located in Juiz de Fora, Minas Gerais, Brazil, is increasing its production capacity from 9,000 tons to 25,000 tons per year of PET made from post-consumer recycled (PET-PCR) material.
