Indorama Ventures Public Company Limited (IVL), a world-class chemical company, announced that it has joined the Recycling Partnership, a change-agent environmental non-profit leader improving how America recycles. IVL’s collaboration with The Recycling Partnership will promote the U.S. residential recycling rates and increase availability of recycled PET to meet the global recycled content commitments.
The Recycling Partnership is the only organization in the United States that engages the full recycling supply chain from the corporations that manufacture products and packaging to local governments charged with recycling, to industry end-markets, haulers, material recovery facilities, and converters. Indorama Ventures is among a growing list of 46 organizations and The Recycling Partnership funders, including PepsiCo, Coca-Cola, Target, Amazon, Keurig-Dr. Pepper, and Colgate-Palmolive, who are trying to transform the U.S. recycling system for the good of the economy, communities and planet.
This collaboration is in line with the Company’s objectives of long-term sustainability and can steer further its aspiration of being a world-class chemical company making great products for society. Indorama Ventures plays a key role in promoting the circular economy and environmental sustainability globally. The Company believes that the recycling of PET packaging is one of the most responsible solutions for the preservation of resources and the reduction of PET containers in landfills. Indorama Ventures is playing its part and investing in recycling solutions globally.
“Sustainability and social responsibility are integral parts of our purpose, said Yashovardhan Lohia, Executive Director and Chief Recycling Officer of Indorama Ventures. We see the recycling of PET at the very core of our contribution to the global effort to create a circular economy, which is why we are investing US$1.5 billion in improving recycling throughout the world with partners such as The Recycling Partnership. Supporting the change agents’ efforts to make real, measurable, change to capture as much quality recyclable material as possible in communities across the U.S is critical to manufacturers like Indorama Ventures who want to decrease the amount of PET material going to landfill and losing the value from recycling. We are thrilled to join The Partnership and all of its members to work collectively to transform the U.S. recycling system and with it a new circular economy that powers a sustainable future.”
“We are delighted to have Indorama Ventures join The Recycling Partnership to support our mission of making it as easy to recycle as it is to throw something away in the U.S., said Keefe Harrison, CEO of The Recycling Partnership. We are all in this bin together and the investment by Indorama Ventures goes toward improving access to convenient recycling for Americans, along with education to help them recycle more, better. Changing how America recycles moves us one giant step closer to creating a system where the use of virgin resources are minimized, and materials are recycled over and over again.”