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Indorama to invest $150 million in PET recycle plants in India

Indorama
Team Blitz India

NEW DELHI: Bangkok-headquartered, Indian -owned Indorama Ventures Public Co Ltd is investing $150 million in three PET recycling plants in India, aiming to start commercial production in 2026. “We have obtained basic regulatory approvals and land acquisition is going on nearer to our three existing PET-producing plants at Haldia, Nagpur and Panipat,” Indorama Ventures Group CEO Aloke Lohia told PTI.

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