Indorama Ventures Public Company Limited (SET: IVL), a global sustainable chemical company, today announced it has recycled more than 150 billion post-consumer PET bottles since 2011. This significant milestone underscores the company’s long-term commitment to circular economy practices and its sustained investment in global recycling infrastructure.
With more than 20 recycling facilities across 11 countries, supported by strong business partnerships and optimized operations, Indorama Ventures collectively recycles 789 bottles every second — transforming used PET into high-quality recycled PET (rPET) resins and other circular materials. These are used across various industries globally, supporting Indorama Ventures and its customers in achieving their sustainability goals.
Since beginning its recycling journey in 2011, Indorama Ventures has meaningfully accelerated its impact. The company reached its first major milestone of 50 billion bottles recycled in March 2020 and doubled that figure to 100 billion bottles in 2023, just three and a half years later. Now the company has reached the 150 billion mark which reflects both growing global demand for recycled content and the company’s strategic investments in infrastructure, partnerships, and innovation to scale up recycling at speed.
Yash Lohia, Executive President of Petchem and Chairman of the ESG Council, said, “Recycling 150 billion PET bottles is more than a milestone — it reflects the power of people, purpose, and technology driving scalable, sustainable impact. We’re grateful to our consumers, customers, and partners who make this progress possible. This achievement reinforces the value of long-term thinking, strategic investment, and collaboration as we lead the shift toward a circular economy. We’re proud of how far we’ve come—and are committed to going further.”
Beyond the positive benefits of recycling and reusing PET, this milestone also delivers measurable environmental and social impact. By recycling 150 billion PET bottles, Indorama Ventures has helped avoid an estimated 3.8 million tons of CO₂ emissions over the product lifecycle and diverted 2.8 million tons of plastic waste from landfills and the environment.
This achievement is rooted in Indorama Ventures’ integrated and scalable approach to circularity, anchored in three core pillars: education, collection, and innovation. Through its recycling education initiative, Waste Hero program, the company has educated close to 1 million people in schools and communities worldwide ahead of the 2030 target, empowering individuals to make informed choices and driving long-term behavioral change in recycling. By partnering with a wide network of collection organizations, Indorama Ventures ensures a consistent supply of high-quality post-consumer PET, supporting the integrity of circular supply chains. In parallel, the company works with leading technology providers to deploy advanced recycling solutions that improve processing efficiency and reduce environmental impact.
As global demand for recycled materials grows, Indorama Ventures reaffirms its commitment to expanding recycling capacity, investing in innovation, and working with stakeholders across the value chain to accelerate the shift toward a circular economy.
