IHS Chemical Week

Chemical Week Magazine :: New Construction Projects

Indorama Plans $600-Million Complex in the Mideast

8:45 AM MDT | November 7, 2011 | —NATASHA ALPEROWICZ

Lohia: Big global ambitions. Indorama Ventures (Bangkok) is in the final stages of negotiations to build a world-scale purified terephthalic acid (PTA) and polyethylene terephtalate (PET) bottle-resin manufacturing complex in the Mideast and it is expected to announce plans before year-end, CW has learned. Indorama CEO Aloke Lohia confirmed last year that the company would invest in PTA and PET manufacturing complexes in the Mideast and India. Indorama declines to reveal the country in which it is negotiating to establish production but says it plans to build the...

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