![](https://resource-recycling.com/recycling/wp-content/uploads/sites/3/2019/05/pet-bottles-20190507-By-Kwangmoozaa-shutterstock_1389868418-web.jpg)
Indorama Ventures plans to make significant investments in its recycled PET production capabilities. | Kwangmoozaa/Shutterstock
Citing the need to meet rising demand in the near future, plastics producer Indorama is investing $1 billion in its recycling operation.