Mass market shift in India’s energy drink sector with affordable PET bottles

PepsiCo and Coca-Cola are transforming India’s energy drink sector by introducing affordable PET bottles, democratizing the market and enhancing accessibility, especially in rural areas, a study by Euromonitor finds. Historically, energy drinks have long been regarded as a premium offering in India, with Red Bull reigning supreme. Since its debut in

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Indorama Ventures launches ‘PET Youth Camp for Sustainable Plastic Management’

Chemical company Indorama Ventures collaborated with the Bangkok Metropolitan Administration (BMA) and the Department of Education under the BMA to host the ‘PET Youth Camp for Sustainable Plastic Management’ program. The camp brought together 60 teachers and students from 20 BMA schools to engage in activities that foster young leadership in

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Norner, Plast Nordic and Dr Sarkissova establish collaboration in chemical recycling of PET

In June 2024, Plast Nordic entered into a collaboration with Norner, an expert in the polymer industry, with over 40 years of experience. Based in Porsgrunn, Norway, Norner operates advanced laboratories, polymerisation units, and industrial-scale process pilot plants. Norner is owned by SCG Chemicals in Thailand and serves over 700 customers

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Indorama Ventures secures $200 million loan to drive sustainability programme

Chemical producer Indorama Ventures announced it secured a new 7-year loan totaling $200 million from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programmes in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler. The loan from the

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Carbios and Zhink Group enter official discussions for long-term partnership to build PET biorecycling industrial capacities in China

Carbios and Chinese Zhink Group, one of China’s Top 500 Private Enterprises, specialising in two global industries, PET and textiles, announce the signing of a joint Letter of Intent to build a biorecycling plant in China using Carbios’ enzymatic depolymerisation technology to serve the global market. This agreement officialises collaboration towards

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