By The Nation
Indorama Ventures Plc (IVL) launched the eco-competition to promote the most efficient use of PET materials while increasing the value of products and organisations in the long term.
Kees Rade, ambassador for the Netherlands, said: “[Ecology] has become a serious issue, as the world’s population is projected to reach 9 billion by 2050. Environmentalists have even raised awareness by creating Earth Overshoot Day. This is a day in any given year on which humanity consumes natural resources exceeding the Earth’s ability to reproduce.
“Until 1969, humanity consumed natural resources within the Earth’s ability to reproduce. After that year, we started consuming more than the planet could refill. This year, Earth Overshoot Day fell on August 1. We are consuming more natural resources and raw material due to economic growth driven by the expansion of the middle class. So we are grateful and happy that Indorama has organised this kind of event," the ambassador said.
Suchitra Lohia, chair of Indorama Ventures, said: “This is Thailand’s largest competition in upcycle – or distinctive – design, which is one of Indorama’s corporate social responsibility (CSR) projects held every year.
“This year marks the seventh edition of the eco-friendly contest, aiming to create social awareness on how to intelligently and efficiently use PET materials and polyester fibre in a bid to save the Earth’s environment.”