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Indorama establishes new subsidiaries

7:03 AM MDT | October 31, 2013 | Deepti Ramesh

Indorama Ventures (Bangkok) says it has established four new wholly owned subsidiaries in the Philippines, the Netherlands, and the United States. Indorama Ventures Packaging Philippines was established on 2 October in order to start a new packaging business in the country. Indorama Ventures Europe was established in the Netherlands on 4 September as a holding company. Indorama Ventures USA Holdings and Indorama Ventures AlphaPet Holdings were established on 21 October, also as holding companies, Indorama says. The three holding companies have been formed as part...

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