<h1>Domestic recycler and Japan trading partner sign MoU to develop r-PET project, market study, imports, pre-production for 2026</h1> A domestic recycling company and a Japan-based trading company executed a Memorandum of Understanding to cooperate on development of an r-PET project in India, covering commercial development, raw material procurement, marketing, and potential investments. The MoU mandates a joint market study-market sizing, customer segmentation, technical and regulatory feasibility, and supply-chain benchmarking-to guide pre-production activities ahead of planned commercial operations in 2026. The foreign partner will facilitate interim importation of r-PET flakes from Southeast Asia and elsewhere and both parties will coordinate pre-marketing and sales-channel development. Legal considerations include the likely non-binding nature of the MoU, regulatory approvals, import/compliance risks, and future investment/contractual documentation.