{"id":9152,"date":"2025-09-08T05:57:40","date_gmt":"2025-09-08T09:57:40","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=9152"},"modified":"2025-09-08T05:57:40","modified_gmt":"2025-09-08T09:57:40","slug":"lnj-greenpet-partners-sumitomo-on-r-pet-project-in-india","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=9152","title":{"rendered":"LNJ GreenPET partners Sumitomo on r-PET project in India"},"content":{"rendered":"


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Sumitomo will assist in sourcing r-PET flakes from Southeast Asia and other regions. Credit: Foto by KKK\/Shutterstock.com.<\/figcaption><\/figure>\n<\/p><\/div>\n

LNJ GreenPET, a division of India-based LNJ Bhilwara Group, has signed a memorandum of understanding (MoU) with the Japan-based Sumitomo Corporation to enhance the recycled polyethylene terephthalate (r-PET) sector in India.<\/p>\n

The MoU covers commercial development, raw material procurement, marketing strategies and potential investment opportunities for LNJ GreenPET\u2019s upcoming r-PET project.<\/p>\n

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The companies will conduct a joint market study on the r-PET landscape in India to provide insights through market sizing, customer segmentation, technical assessments, supply chain benchmarking and regulatory feasibility analysis.<\/p>\n

Its findings will be crucial for LNJ GreenPET as it prepares to commence commercial production in 2026.<\/p>\n

Sumitomo will assist in sourcing r-PET flakes from Southeast Asia and other regions globally to facilitate the project\u2019s pre-production phase.<\/p>\n

The partnership will extend to pre-marketing activities, customer engagement and the establishment of sales channels, catering to domestic and international markets.<\/p>\n

LNJ Bhilwara Group chairman Riju Jhunjhunwala stated: \u201cThis MoU with Sumitomo Corporation is a significant step towards strengthening India\u2019s circular economy ecosystem. By combining Sumitomo Corporation\u2019s global expertise with our vision for sustainable plastic recycling, we aim to create a robust r-PET value chain that addresses both domestic and global demand for sustainable packaging solutions.\u201d<\/p>\n

The collaboration aligns with the country\u2019s sustainability objectives and aims to contribute to the reduction of plastic waste by leveraging advanced technologies and international partnerships.<\/p>\n

Sumitomo Green Chemical SBU unit general manager Yutaka Takamura stated: \u201cIt\u2019s an honour to partner up with LNJ GreenPET in advancing the r-PET sector in India. This collaboration allows us to combine our global experience with LNJ GreenPET\u2019s local expertise to support the development of a strong circular economy.<\/p>\n

\u201cTogether, we aim to create innovative, sustainable solutions that address both domestic needs and global demand.\u201d<\/p>\n

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