Plastics maker Indorama commits $1.5 billion to recycling
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BANGKOK (Reuters) - Thai chemicals company Indorama Ventures has committed $1.5 billion (£1.24 billion) of investment in recycling as consumers become more aware of the environmental impact of single-use plastic and regulators push for more recycling, it said on Wednesday. Indorama's main business is the production of PET resin, a polymer used to make plastic bottles and fibres used in products such as seat belts and tyres.In the 12 months to June 30 the company produced nearly 5,000 kilotons..