World News and Views :: Projects
Indorama confirms PET project in US, to debottleneck plant in Poland
9:43 AM MST | November 16, 2012 | Deepti Ramesh
Indorama Ventures (Bangkok) has confirmed plans to build a new polyethylene terephthalate (PET) plant in the United States. The company had first announced plans for the project earlier this year. The board of directors of Indorama, in a meeting held on 14 November 2012, approved the project. The PET plant will have a production capacity of 540,000 m.t./year, and it is expected to become operational in the fourth quarter of 2015, the company says. The project will increase Indorama’s total PET capacity in the United States to 2.1 million m.t./year. During...
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