TIRE CHORD AND TIRE FABRICS MARKET ANALYSIS
Global Tire Cord and Tire Fabrics Market: Key Developments
In June 2022, as part of its commitment to boosting Polyethylene Terephthalate - PET recycling capacity, Indorama Ventures (IVL), a global manufacturer of chemicals, finished buying the Texas facility of CarbonLite Holdings.
In June 2023, the world's first PET bio recycling facility will be built in France by a joint venture between Indorama Ventures Public Company Limited (IVL) (Bloomberg ticker IVL.TB), a producer of sustainable chemicals, and Carbios (Euronext Growth Paris: ALCRB), a biotech firm developing and industrializing biological solutions to reinvent the life cycle of plastic and textiles.
In October 2022, in collaboration with Coca-Cola Beverages Philippines, the country's Coca-Cola bottling division, Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced the official opening of its PETValue bottle-to-bottle recycling plant in the Philippines.
In January 2023, A Comprehensive Mobility Service Provider is Officially Launched by Kolon Mobility Group. Goals for 2025 include 3.6 trillion KRW in sales and 100 billion KRW in operating profit.
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