PTT Global Chemical Plc (PTTGC) has opened Southeast Asia’s largest plant producing high-quality and food-grade recycled plastic resins, aiming to recycle 60,000 tonnes of used plastics annually.
Kongkrapan Intrajang, chief executive of PTTGC, said the plastic recycling facility will be operated by Envicco, a joint venture with a 70% investment from PTTGC and 30% from Alpla Co, a subsidiary of Austria-based Alpla Group, an international plastic manufacturer and recycler.
