Key facts
- Indorama Ventures' recycling arm, IndoNova, is implementing the initiative.
- PETValue Philippines converts post-consumer PET bottles into food-grade rPET resin.
- Republic Cement's ecoloop unit will recover PET caps and labels.
- The recovered materials will be used as alternative fuel in cement production.
- PETValue Philippines is a joint venture between Indorama Ventures and Coca-Cola Europacific Aboitiz Philippines.
Thai chemical producer Indorama Ventures is enhancing its circular economy efforts at its PETValue Philippines recycling plant through a new partnership with Philippine firm Republic Cement & Building Materials. This collaboration, announced on July 24, aims for a Zero Waste to Landfill approach.