IHS Chemical Week

World News and Views :: Top of the News

Indorama Buys Stake in PTA Producer in Indonesia

1:10 PM MDT | July 6, 2011 | Ian Young

Indorama Ventures Ltd. (IVL; Bangkok) has agreed to acquire a 50% stake in privately owned purified terephthalic acid (PTA) producer PT Polyprima Karyareksa (Jakarta) for an undisclosed amount. IVL's stake in Polyprima will decrease to 41% following a debt restructuring with Polyprima's creditors and an issue of new capital by Polyprima. A  further 41% of Polyprima will be held by PT Indorama Synthetics (IRS; Jakarta), an Indorama group company. Other investors will hold the remaining 18%. IVL and IRS each plan to buy an additional 5% in Polyprima from these...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa