The world's first carbon-neutral virgin polyethylene terephthalate (PET) resins, Deja Carbon Neutral pellets from IVL has won the Best Sustainable Product Award.
Indorama Ventures Public Company Ltd. (IVL), Bangkok/Thailand, a global sustainable chemical company, was named winner at the Chemical Week Sustainability Awards 2022.
The Deja brand covers carbon neutral virgin and recycled PET resins and a range of recycled PET (rPET) products, including flakes, resins, fibers, and yarns. It provides IVL’s global customers with a range of high-performance applications, including packaging, lifestyle, automotive, apparel, and medical equipment. The solutions help companies meet their sustainability goals.
IVL has set ambitious 2025 and 2030 targets, which shall be met through its 6-pronged decarbonization strategy, including energy transition, improving operational efficiency, circular feedstock, and future technologies. The company also has a goal to recycle 100 billion PET bottles annually by 2030.
Chemical Week Sustainability Awards recognize the industry's best efforts in addressing financial, operational, and strategic challenges by focusing on ESG and sustainable product development. The awards were assessed by leading credit rating agency S&P Global, New York, NY/USA, and a panel of experts from various companies across the chemical industry's value chain.