Indorama to acquire petrochemicals plant
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
Indorama Ventures Public Company Limited (IVL) (Bangkok, Thailand), a global producer of polyethylene terephthalate (PET), related feedstocks and other materials seems to be doing incredibly well across North America. IVL has announced it has plans to acquire a 1.8 million tpy petrochemicals plant in Decatur, Alabama.
This follows on from a statement released in September, where Indorama announced it would acquire a dormant ethane cracker in Sulphur, Louisiana, and revive it through a US$175 million investment.Adapted from press release byFrancesca Brindle
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/11012016/indorama-announces-acquisition-of-petrochemicals-facility-in-alabama-2101/
You might also like
Neste supplying sustainable aviation fuel to Emirates
Neste has started supplying sustainable aviation fuel (SAF) to Emirates at Amsterdam Airport Schiphol, expanding the partnership the two companies announced in October 2023.