Wednesday, March 09, 2011

Indorama Ventures completes acquisition of PET and polyester assets of SK Chemicals’ Java plant

Indorama Ventures Plc. has completed acquisition of the polyethylene terephthalate (PET) and polyester assets of South Korean-based SK Chemicals in western Java, including a 400,000 sq mtr facility inn Tangerang, Banten, which produces PET resin and polyester filament yarns and a 40,840 sq mtr facility in Karawang, West Java, which makes polyester filament yarn.

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