LNJ GreenPET has entered a strategic collaboration with Japan-based Sumitomo Corporation to develop India’s recycled polyethylene terephthalate (r-PET) sector. The partnership includes market research, technical assessments, supply chain benchmarking, raw material sourcing, pre-marketing, and establishing domestic and international sales channels ahead of LNJ GreenPET’s commercial production in 2026. Sumitomo will support interim sourcing of r-PET flakes from global markets. The collaboration promotes sustainable plastic recycling, supports India’s circular economy goals, and reduces plastic waste.
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LNJ GreenPET has announced a strategic collaboration with Japan-based Sumitomo Corporation to advance the recycled polyethylene terephthalate (r-PET) sector in India. The two companies signed a memorandum of understanding (MoU) outlining a multi-dimensional framework for cooperation, covering commercial development, raw material procurement, marketing, and potential investment opportunities for LNJ GreenPET’s upcoming r-PET project in India.
As part of the partnership, LNJ GreenPET and Sumitomo Corporation will jointly conduct a comprehensive study of the Indian r-PET market. The research will include market sizing, customer segmentation, technical assessments, supply chain benchmarking, and regulatory feasibility analysis. The insights generated from this study will serve as the foundation for strategic planning until LNJ GreenPET begins commercial production in 2026.
During the pre-production phase, Sumitomo Corporation will facilitate the interim sourcing of r-PET flakes from Southeast Asia and other international markets. This initiative will help ensure a steady supply of recycled material and support the project’s preparatory operations. In addition, the companies will collaborate on pre-marketing activities, customer engagement, and the establishment of sales channels for both domestic and international markets, ensuring a strong commercial foundation ahead of full-scale production.
Mr Riju Jhunjhunwala, Chairman of LNJ Bhilwara Group, emphasized the strategic importance of the partnership, stating that the MoU with Sumitomo Corporation represents a significant step toward strengthening India’s circular economy ecosystem. He highlighted that combining Sumitomo’s global expertise with LNJ GreenPET’s vision for sustainable plastic recycling will enable the creation of a robust r-PET value chain that caters to both domestic and international demand for sustainable packaging solutions.
The collaboration reflects LNJ GreenPET’s commitment to large-scale recycling initiatives in India. By leveraging advanced recycling technologies and global expertise, the project supports national sustainability objectives and contributes to reducing plastic waste. Through international partnerships and innovative solutions, the company aims to build an environmentally responsible and circular plastics industry in the country.
r-PET is derived from post-consumer or industrial PET waste, which is cleaned and processed through mechanical or chemical recycling methods to produce material suitable for bottles, packaging, textiles, and other applications. Using r-PET preserves many of PET’s beneficial properties while reducing the demand for virgin fossil feedstock, minimizing waste, and lowering greenhouse gas emissions. However, the quality of r-PET can be affected by contamination and repeated recycling cycles, and materials intended for food-contact applications require stringent cleaning and regulatory certification.
Through this strategic partnership, LNJ GreenPET and Sumitomo Corporation aim to build a large-scale, sustainable r-PET ecosystem in India. By combining technical expertise, market research, international sourcing, and joint marketing strategies, the collaboration positions both companies to address growing domestic and global demand for recycled plastics. This initiative highlights India’s transition toward a circular economy and underscores LNJ GreenPET’s role in pioneering sustainable plastic recycling solutions.
About Sumitomo Corporation and LNJ GreenPET:
Sumitomo Corporation is an integrated trading and business investment company with a strong global presence, operating 127 offices across 64 countries and regions. The Sumitomo Group includes approximately 500 companies and employs around 80,000 people, giving it extensive experience in international business operations and supply chain management.
LNJ GreenPET, a subsidiary of the LNJ Bhilwara Group, is dedicated to advancing sustainable solutions in plastics recycling. Leveraging state-of-the-art technology and a forward-looking vision, the company focuses on producing high-quality, food-grade r-PET while supporting India’s goals to curb plastic pollution and foster a circular economy. Through innovation and responsible practices, LNJ GreenPET aims to reshape the landscape of sustainable plastic use in the country.
