French Veolia PET processing plant Indonesia - Arhive

French Veolia PET processing

French Veolia postpones launch of PET processing plant in Indonesia for third quarter

French Veolia PET processing

The French company Veolia has postponed the launch of its polyethylene

terephthalate (R-PET) plant in Indonesia to the third quarter amid a coronavirus pandemic, a company representative told ICIS .

A plant with a capacity of 25 thousand tons per year will become the largest PET bottle-to-bottle recycling plant in Indonesia, founded by Veolia.

The plant was supposed to be launched in the first quarter of 2020.

“The opening of the plant was postponed due to COVID-19. Commissioning will begin in the third quarter of 2020,” a company spokesman said in a letter.

Earlier it was reported that the Bashkir Polyef JSC (Blagoveshchensk, part of SIBUR) plans to launch the recycling and recycling of PET bottles. The project has been submitted for public discussion, which will take place in the form of hearings in Blagoveshchensk on June 30.  French Veolia PET processing

According to the ICIS-MRC Price Review , spot quotes of Russian plants in early June approached contract prices and fell to the range of 72,000-74,000 rubles. per tonne, CPT Moscow, including VAT. The plants Polyef, Ecopat and Senezh in early June have free material on the spot. The production of TPA at the plant in Blagoveshchensk finally returned to normal after a long period of unstable operation, according to information from market participants.

Author: Anna Larionova

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