IMP Polowat consists of two production sites located in Bielsko-Biala and Leczyca, Poland, and processes post-consumer polyethylene terephthalate (PET) into Recycled Polyethylene Terephthalate (rPET) flakes and pellets, with a combined capacity of approx. 27,000 metric tons per year (m.t./yr), consisting of 23,000 m.t./yr rPET flakes and 4,000 m.t./yr of rPET pellets. This facility will be an attractive recycling platform for IVL in Eastern Europe, and will open up new opportunities to meet the increasing rPET demand for more sustainable packaging solutions.
The combination of access to local bottle supply and trusted product quality will secure opportunity for IVL for growth and expansion over time. The acquisition is consistent with IVL’s ambitious target in scaling its recycling capacity to reach 750,000 m.t./yr by 2025.
In June, Indorama acquired a PET recycling facility in Brazil, adding to its previous acquisition of Brazil’s largest PET manufacturing facility from M&G Polimeros in 2018. In 2019, IVL acquired plastics recycling assets in the U.S. (in California and Alabama), and in 2018 acquired a plastics recycling business in France, as well as PET manufacturing assets in Germany and Egypt.