Indorama Ventures purchases 85% stake in Czech recycler

Indorama Ventures purchases 85% stake in Czech recycler
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21.02.2022

MOSCOW (MRC) -- UCY Ventures Group has completed the sale of its majority stake in UCY Polymers, a Czech-based polyethylene terephthalate (PET) recycling plant to Indorama Ventures (IVL), a global sustainable chemicals producer, said Sustainableplastics.UCY Ventures Group will retain a minority stake in the Czech entity. UCY Polymers is able to produce 40,000 tonnes of recycled PET (R-PET

Full article at mrcplast.com

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