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People & Business :: People/Executives
Indorama confirms PET investment in US, to debottleneck unit in Poland
December 24, 2012
Indorama Ventures (Bangkok) has confirmed plans to build a polyethylene terephthalate (PET) plant in the United States. The company originally announced plans for the project earlier this year. Indorama’s board of directors approved the project at a recently held meeting. The PET plant will have a capacity of 540,000 m.t./year, and it is expected to start production in the fourth quarter of 2015. The project will increase Indorama’s total PET capacity in the United States to 2.1 million m.t./year. The new plant will be colocated with BP’s...
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