Indorama Ventures expands carbon-neutral PET solutions
Posted April 22, 2021
BANGKOK – Indorama Ventures PCL (IVL), a world-class chemicals and recycling company, is expanding its portfolio of sustainable solutions under its Deja™ brand.
The global sustainable ingredients brand is a key part the company’s commitment to meet growing demand for innovative, high-performance products that will reduce impact on the environment.
Deja™ Carbon Neutral PET pellet is the latest innovation under IVL’s Deja™ global brand offering as the world’s first certified carbon neutral PET pellet solution. It is a significant addition to the growing Deja™ portfolio, which includes sustainable PET, rPET, polymer and fiber range of products available across flake, pellet, fiber and filament ingredients.
Deja™Carbon Neutral PET pellet has been sustainably produced throughout its supply chain and helps environmentally conscious companies to achieve their sustainability targets by lowering their Scope 3 GHG emissions.
Through its Deja™ global, sustainable ingredient brand, IVL is differentiating itself in the marketplace by offering a performance-led suite of sustainable solutions that helps its customers to achieve their sustainability targets, while also responding to end consumers’ demand for transparency and environmental responsibility. IVL’s unique access to recycling sources through its own global supply chain ecosystem means it can power sustainability and support customers that are aiming to close the loop.
The Deja™ brand platform is inspired by IVL’s vision to be a world-class chemical company making great products for society, underscored by an ambitious target of achieving 25 percent renewable electricity of total power consumption by 2030. To achieve this, IVL has pledged USD 1.5 billion towards meeting its sustainability targets. Deja™ fiber and polymer products offer high performance and versatility, with a lower carbon footprint. They can be applied to a wide range of applications across the Hygiene, Lifestyle, Automotive and Packaging sectors, while meeting the exacting standards demanded by these specialist sectors.
Deja™Carbon Neutral is a PET proposition with neutralized raw material emissions, from cradle to IVL’s plant gates. It comes with an independently verified carbon neutral certification of compliance from globally established providers. Through a partnership with South Pole, a leading project developer and provider of global climate solutions, IVL offsets unavoidable carbon emissions through projects that help transform lives and protect the environment.
“We are pleased to continually grow the DEJA™ low carbon performance PET, rPET and polymer brand platform,” said D.K. Agarwal, CEO of Indorama Ventures. “Working throughout the supply chain, Deja™ offers sustainability by giving converters credibility, retailers accreditation and end consumers the assurance of transparency and high performance as standard. Deja™ demands more from our PET and less from the environment by recycling and transforming PET into extraordinary, sustainable products across multiple applications that perform as they protect the future.”
Added: Yashovardhan Lohia, chief sustainability officer at Indorama Ventures: “IVL is one of the world’s leading manufacturers of PET resin so it is important that we demonstrate sustainability leadership. By supporting the development of recycling infrastructure, and investing in advanced recycling and sustainable technologies, we close the loop, delivering a circular economy and reducing carbon emissions. Our Deja™ brand offers customers a superior choice of flake, pellet, fiber and filament options that have sustainability built into the supply chain.
He continued: "We are responsible to our customers and to the environment by offering the best options without compromise. We do this by respecting and recognizing the value of PET, rPET and other sustainable polymer solutions, as a viable resource for business and the environment. The Deja™ brand platform will enable conscientious customers to differentiate and to add value along the supply chain. This gives consumers the confidence they need to select superior and purposeful products that enable sustainable business and environmental protection.”
Source: Indorama Ventures