UCY Polymers CZ s.r.o. operates a PET recycling facility in Plzen, Czech Republic. The company was acquired by Indorama Ventures (a global sustainable chemicals producer) in February 2022 as part of IVL’s strategy to expand recycling capacity in Central Europe. The acquisition involved an 85% equity stake, with UCY Ventures Group retaining a minority share.
UCY produces food-grade rPET from post-consumer bottle waste, contributing to the circular economy for plastic packaging. The facility employs advanced recycling processes including sorting, grinding, hot washing, and recycling of post-consumer polyethylene terephthalate (PET) bottles into new bottles. The partnership with Indorama Ventures targets recycling over 1.6 billion PET beverage bottles in the Czech Republic annually by 2025, significantly boosting PET bottle recycling across Central Europe.
As part of the Indorama Ventures group, UCY Polymers benefits from IVL’s global expertise as the world’s largest producer of recycled PET for beverage bottles, while maintaining its operational base in Pilsen. The company plays a critical role in closing the loop for PET packaging in the Czech Republic and surrounding regions.
Key Facts
- Location: Plzen (Pilsen), Czech Republic
- Acquisition: February 2022 by Indorama Ventures (85% equity stake)
- **Capacity: UCY Ventures Group retains minority stake)
- Capacity Target: 1.6+ billion PET bottles/year by 2025
- Parent Company: Indorama Ventures Public Company Limited (IVL) - world’s largest rPET producer for beverage bottles
- Process: Sorting, grinding, hot washing, recycling of post-consumer PET bottles
Last updated: February 13, 2026