PETpla.net Insider 11+12 / 2017

MATERIALS / RECYCLING 11 PET planet Insider Vol. 18 PET gained the biggest sales share of 38%, followed by fibres (35%) and other raw materials such as PTA, MEG and isophthalic acid (IPA). Most of the 80% profit is generated in West- ern countries. Indorama Ventures’ current global PET market share is 20% which puts the company ahead of DAK and M&G. Conversion of raw materials into in-house preforms is about 125,000t/a. “When you see how far Indorama Ventures has grown, partic- ularly over the last decade, a key factor has been the acquisition of existing companies”, says Mr Vipin Kumar, Senior Vice Presi- dent of the Asian PET Busi- ness at Indorama Ventures. “This form of continuous growth is part of the com- pany’s strategy,” he says. Mr Kumar lives in Bangkok and has worked for Indorama Ventures for 20 years, 12 of which have been in PET. The 49 year-old is a qualified textile engineer, as well as having an MBA Marketing Degree and a Foreign Trade Diploma. Mr Kumar previ- ously worked for the Indian textile giant Raymond and for Reliance industries. As well as the Lopburi plant in Thailand, Indorama Ven- tures has other factories in Rayong, Pathum Thani and Nakhon Ratchasima that produce materials as well as preforms, closures, bottles and fibres. “In Thailand, we produce over 2.0 billion preforms every year for supply to ThaiBev, Oishi, Pepsi and other customers at our plants in Lopburi and Rayong”, says Mr Govind K. Narkar, Joint Vice Presi- dent of Operations, Petform (Thailand). These preforms are for use in the beverage industry, for aseptic green tea bottles and for water bottles. Indorama Ventures relies heavily on Husky equipment for their injec- tion moulding production. Outside the PETform facilities repi.com A NONCOLOUR TECHNOLOGY ANTI YELLOW ADDITIVES TO IMPROVE AESTHETICS OF RECYCLED PET NPE - Orlando, FL - South Hall - Level 1 - Booth S19103