Page 16 - Plastics News March 2020

CompAny news

Indorama, Coca-Cola ink deal to Alpla to build new plant in South

build recycling plant Africa

ndorama Ventures and Coca-Cola have inked a joint- lpla Group, an international specialist for plastic
Iventure to establish PETValue, the largest state-of-the- Apackaging and recycling based in Hard, Austria,
art, bottle-to-bottle recycling facility in the Philippines. is building a new facility in Lanseria, South Africa.
The facility will be established at General Trias in Cavite, According to a news release from Alpla, the company
located on the southern shores of Manila Bay. The plant broke ground on the facility in February, and the facility
is expected to be operational in 2021 with the support
is expected to open in the summer of 2021. In the past
five years, the company has been expanding its market
presence in Africa with acquisitions and cooperation
agreements, including the acquisition of Boxmore
Packaging in 2017, the company reports. With the
construction of a new production site in South Africa,
the international specialist for plastic packaging and
recycling plans to consolidate five existing plants from
around South Africa into the new Lanseria plant. As part
of the consolidation the management contemplates
that more than 50 employees would be impacted.
According to the company, standard bottle solutions
of Coca-Cola Beverages Philippines, Inc (CCBPI). Aloke and tailor-made packaging for the food, personal care,
Lohia’s PETValue will help ensure that the polyethylene home care, chemical, detergent and pharmaceutical
terephthalate (PET) plastic bottles and packaging are 100 industries will be predominantly manufactured as
per cent recyclable. The 70:30 joint venture corporation is
in the name of PETValue Philippines Corporation, whereby before. Customers include international groups as well
Lohia’s business will hold 70 per cent equity stake and as smaller, local players. “Our new plant in Lanseria
Coca-Cola Philippines will hold the remaining 30 per gives us the opportunity to produce according to
cent. The single use plastic bottles will be given new life
and function as they are collected, processed, and used
again and again within a circular economy. PETValue will
deploy cutting-edge technologies and industry-leading
best practices to employ the safest and most advanced
recycling process for plastic bottles made from PET
material.Its projected capacity, or the amount of used
plastic bottles it can process, is 30,000 metric tonnes
year or almost two billion pieces of plastic bottles, with
an output of 16,000 metric tonnes of recycled PET resin in
a time span of 12 months. Through the latest partnership
with Coca-Cola, the biggest beverage brand in the world,
Indorama Ventures will be bringing their expertise as a
global integrated leader in recycling to the Philippines. modern, globally applicable corporate standards.
Gareth McGeown, CEO of CCBPI, said: “Through this In this way, we not only improve the quality of our
facility, we will boost the collection rates of clear plastic products, but also meet the high demands of our global
bottles — collecting not just Coca-Cola bottles, but even customers,” says Christoph Riedlsperger, Alpla regional
ones from other companies. The facility will also support director for Africa, the Middle East and Turkey. As part
Filipino jobs as well as the livelihoods of people within of the consolidation the management contemplates
the waste value chain.” that more than 50 employees would be impacted.

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