PTTGC & ALPLA complete formation of JV to build circular plastics plant

MOSCOW (MRC) -- PTT Global Chemical (PTTGC) and ALPLA have established a new joint venture, named Envicco, to build and operate a recycled plastics resin plant at the Asia Industrial Estate in Rayong Province, Thailand, according to Apic-online.Envicco, owned 70% by PTTGC and 30% by ALPLA, will manufacture 30,000 t/y of recycled polyethylene ter-ephthalate (PET)В and 15,000 t/y of recycle

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