Indorama to Invest $700 Million in PTA, PET, PSF Project in India

Indorama Ventures (Bangkok) says it will construct an integrated facility in India, which will consist of purified terephthalic acid (PTA), polyethylene terephthalate (PET), and polyester staple fiber (PSF) production plants fully-integrated with a para-xylene facility of a third party. Indorama has signed a memorandum of understanding with Indorama Synthetics India (Gurgaon, India), an Indorama group company, to enter into a joint venture that will construct the plants and utilize the offtake of the plants. The project will involve a total investment of about...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers