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Indorama changes name of acquired PET firm in Turkey

8:06 AM MDT | July 10, 2014 | Deepti Ramesh

Indorama Ventures (Bangkok) says that the name of Artenius TurkPET (Adana, Turkey), a polyethylene terephthalate (PET) resin producer that Indorama acquired in June, has been changed to Indorama Ventures Adana PET Sanayi Anonim Sirketi. The name was changed on 9 July. Indorama Ventures Adana PET has a production capacity of 130,000 m.t./year. The acquisition follows Indorama’s announcement, in April, that it would acquire Sasa Polyester Sanayi (Adana), a leading polyester and PET producer. Sasa and Indorama Ventures Adana PET are located at the same...

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