New Partnership to Deliver World's Largest Facility
Atlanta, GA - September 27, 2012 - The
Ronald J. Lewis, Vice President, Procurement & Chief Procurement Officer at The
To support this partnership, JBF Industries Ltd. will build the world's largest facility to produce bio-glycol—the key ingredient used to make PlantBottle™ packaging. The facility, which will be located in Araraquara, Sao Paulo, Brazil, will produce the ingredient using locally sourced sugarcane and sugarcane processing waste. Both materials meet The
Construction on the new facility is expected to begin at the end of this year and last for 24 months. At full capacity, it is estimated the facility will produce 500,000 metric tons of material per year. By using plant-based materials instead of non-renewable materials, the facility will remove the equivalent of 690,000 metric tons of carbon dioxide or the equivalent of consuming more than 1.5 million barrels of oil each year.
Today, Lewis joined Geraldo Alckmin the Governor of Sao Paulo, Brazil; Marcelo Barbieri, Araraquara Mayor; Cheerag Arya, Chief Executive Officer of JBF Industries Ltd. and Xiemar Zarazúa, President of The
PlantBottle™ packaging is available in more than 24 countries worldwide and across a wide variety of
About JBF Industries Limited
JBF Industries Ltd (BSE: 514034 NSE:JBFINDEQ) is a public listed business conglomerate with head-quarter in Mumbai India (www.jbfindia.com). The principal business interests for the group are in polyester related products with end-use applications in textiles & packaging industry. PET manufacturing locations for the group are currently located in India & UAE with a new green field facility planned in Belgium Europe. Apart from PET resins, the group has a large scale global presence in BoPET Packaging Films segment. The investment in Brazil will be 100% by JBF Group through its overseas subsidiaries.
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