Keyword: Indorama Ventures

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Indorama Buys New Polyplex's Turkish PET Plant

14.01.2015 - In a deal set to close during the first quarter of this year, Thai polyester giant Indorama, world's largest producer of PET packaging resins, plans to acquire a 252,000 t/y...

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Indorama Acquires 51% Stake in Turkish PET Producer

17.04.2014 - Indorama Ventures (IVL), world's largest PET producer, appears to be building a strong foothold in the Turkish market through acquisition. The Dutch subsidiary of the Thailand...

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Spanish Court Approves Sale of Artenius Turkpet to Indorama

21.02.2014 - The commercial court in Barcelona, Spain, overseeing the bankruptcy of erstwhile Spanish PET giant La Seda de Barcelona has authorised receiver Forest Partners to proceed with the...

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La Seda Liquidation Seen to Be at Advanced Stage

11.02.2014 - As the liquidation process for insolvent Spanish PET producer La Seda proceeds, reports from Spain say the company's 170,000 t/y PET polymerization plant at El Prat Llobregat and...

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La Seda Requests Opening of Liquidation Proceedings

09.01.2014 - Spanish PET producer La Seda de Barcelona, in insolvency proceedings since June 2013, has filed a request with the Barcelona commercial court overseeing the proceedings to...

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Indorama and ChemaWEyaat Team up on PET Precursors

09.01.2014 - Indorama of Thailand, world's largest PET producer, and Abu Dhabi Chemicals Company (ChemaWEyaat) have agreed to form a 49:51 joint venture to produce aromatics at Al Gharbia in...

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Chemical Companies are Continuing to Seek Growth Opportunities

20.11.2012 - Mergers & Acquisitions - Almost 35% of chemicals M&A transactions currently involve Asia or the Middle East. With this forecast to increase, a wider group of buyers are evaluating...