IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Ethylene glycol

Indorama Completes Purchase of Old World’s EO-EG Business for $795 Million

12:01 AM MDT | April 4, 2012 | Deepti Ramesh

Indorama Ventures (Bangkok) says it has completed the previously announced acquisition of the chemical assets of Old World Industries (Northbrook, IL), including a production facility at Clear Lake, TX, for $795 million. Indorama had announced plans for the acquisition in February 2012. The plant is the largest single ethylene oxide (EO)-ethylene glycol (EG) production facility in the U.S. with EO capacity of 435,000 m.t./year and EG capacity of 358,000 m.t./year. Old World acquired the plant from Celanese in 1999. Indorama says it has taken charge of the plant...

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