April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

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Reduction in environmental pollution and emissions as waste is reused 

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Material for insulation purposes

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High durability

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Easy to store and transport

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Simple and low-cost technique

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More than 14 communities and 128 families participated

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1,725 eco-bricks were recollected

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8,000 USD in vouchers for supermarkets were distributed to the families who participated – a huge relief in COVID times

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110,350 m2 of waste was recycled

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More than 110,350 m2 of constructions will be built

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

EVERTIS’ TRAY-TO-TRAY SOLUTION IS DEVELOPED UNDER THEIR CIRCULAR ECONOMY PLEDGE

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

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Rationalising the use of energy and natural resources and act on the processes in order to optimise and reduceconsumption.

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Reducing the production of waste by increasing and promoting recycling and recovering material wheneverpossible.

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Ensuring that materials and procedures used don’t present any risk to the health of workers and to the environment.

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Making sure that the use of materials, resources and the incorporation of safe and innovative technologies promoteenvironmental protection and minimise the environmental impacts.

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Coaching and engaging employees to perform in a conscious and responsible manner, for the importance ofeveryone in guaranteeing product safety and for improving environmental performance.

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Implementing good practices in order to comply with applicable legislation and other requirements that will leadto the environmental preservation.

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

-

Four partners have collaborated on an industry-leading recycling approach

-

Closed-loop economy for PET-based multilayer Green Deal-compliant

-

Further collaborations are planned to optimize the process harnessing water-based adhesive technology

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

-

The traceability of the recycled raw materials involved in the manufacture of the film and the management of plastic waste resulting from the production process.

-

The percentage content of recycled plastic incorporated into the film manufactured over a certain period of analysis, in accordance with the EN 15343 standard.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

-

Rationalising the use of energy and natural resources and act on the processes to optimise and reduce consumption.

-

Reducing waste production by increasing and promoting the recycling and recovery of materials whenever possible.

-

Guaranteeing that the materials and procedures used don’t present any risk to the health of workers and the environment.

-

Ensuring that the use of materials, resources and the incorporation of safe and innovative technologies promote environmental protection and minimise environmental impacts.

-

Training and involving employees in conscious and responsible action, given the importance of everyone in ensuring product safety and improving environmental performance.

-

Implementing good practices in order to comply with applicable legislation and other requirements that lead to environmental preservation.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

2

Based on annual capacity

4

“Baseline report on plastic waste,” UNEP, 2020

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

ABOUT US

Evertis, present in the polymers industry since 1959 and pioneers in PET film extrusion, is a specialist in the production of barrier films for food packaging, and other packaging applications. With a wide variety of tailor-made solutions in their portfolio, Evertis focuses on supplying films that ensure product safety whilst closing the loop. Evertis envisions a future with increased utilisation of recycled content in their films, greater recyclability of their products and the lowest feasible carbon footprint.

Being a global business, with manufacturing sites in Portugal, Brazil, Italy and Mexico, Evertis is devoted to playing a role in society’s collective response to the global plastic waste challenge, through recycling education programs as well as jointly working across the value chain to create tangible solutions. Their mission is to develop future-fit packaging that meets the highest expectations of clients and end consumers in terms of food safety, functionality and circularity.

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com

April, 2023

Indorama Ventures Public Company Limited (IVL), one of the world’s leading sustainable chemical companies, and Evertis, a pioneer in sustainable PET barrier films, are collaborating to use flake from recycled PET trays to produce PET film suitable for food packaging trays. The partnership is an important step in diverting PET trays from landfill or incineration to support the EU’s recycling targets and create a circular economy for PET trays.

After six years of research and development, Indorama Ventures is commercially producing recycled PET (rPET) flakes from post-consumer trays in their Verdun facility in France, which are comparable in quality to flakes originating from bottles. This development supports a closed-loop economy for PET trays by giving consumers more sustainable options and enabling packaging producers to meet their recycled content targets. It also protects and preserves food, reducing about 154 million tons of food waste costing €143 billion per year across the EU1.

Marta Matos Gil, Chief Sustainability Officer at Evertis, said, “PET trays are crucial to provide safety and convenience to consumers, ensuring longer shelf life for food and reducing waste. For some time, our industry has had a goal to create circular solutions for these essential products. Indorama Ventures’ innovative recycling methods shows how we can create a truly circular economy by developing infrastructure and capacity to collect, sort and recycle PET trays and transform them back into valuable raw material. This partnership helps Evertis to meet our sustainability goals and boost our product innovation in terms of circularity, recyclability, and eco-design. This is crucial in the current market, where our clients face new packaging regulations and consumers are concerned about the environmental impact of the products they buy. Evertis can meet both those needs.”

Indorama Ventures’ solution increases the total amount of recycled PET availability with the new tray-to-tray recycling workstream. According to the company, the new recycling technology has the potential to divert more than 50 million post-consumer PET trays from landfill or incineration each year2.

Yash Lohia, Chairman of IVL’s ESG Council said, “We can support a circular economy by conducting rigorous testing at every stage of the process, from sorting and recycling to conversion, to ensure the highest quality. Our DejaTM sustainable ingredients brand, including rPET, supports the EU’s plastic collection and recycling targets.”

The partnership supports Evertis’ 2025 target of 50% post-consumer recycled content in their products. In 2019, the company obtained the ECOSENSE certification, renewed in 2023 as the RETRAY certification3, which verifies the recycled content in film production.

As the most recycled plastic in the world4, PET is driving sustainable growth due to its recyclable, flexible, safe and lightweight properties. This collaboration helps close the loop on PET tray-to-tray recycling, diverting PET from landfill or incineration and fostering more sustainable production towards a circular economy.

ABOUT INDORAMA VENTURES

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Europe, Africa, Americas, and Asia Pacific. The company’s portfolio comprises Combined PET, Integrated Oxides and Derivatives, and Fibers. Indorama Ventures products serve major FMCG and automotive sectors, i.e., beverages, hygiene, personal care, tire and safety segments. Indorama Ventures has about 26,000 employees worldwide and revenue of US$18.7 billion in 2022. The Company is listed in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI).

For more information visit: www.indoramaventures.com and www.dejaindorama.com