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Indorama Agreed to Withdraw From Implementing The Acquisition of SASA

Jan 20, 2015

Thailand based and global fibres and petrochemicals producer, Indorama Ventures (IVL) is pulling out of an agreement to acquire SASA Polyester Sanayi AS (SASA) in Turkey. In a Thailand stock exchange filing, Indorama said both sides have ...

Tags: DMT, staple fibers, filament yarns, Textile

Mogul Begun Production on a New Core/Sheath Bicomponent Polyester Line

Nov 25, 2013

Turkey-based nonwovens producer Mogul Co. Ltd. has begun production on a new core/sheath bicomponent polyester (PET)/copolyester spunbond line. The new 365-centimeter-wide line brings Mogul's total PET capacity to 15,000 metric tons per ...

Tags: Mogul, inaugurate, bicomponent, PET, spunbond, line

Price Spread Between Polyethylene Terephthalate Jumped to a Five-month High of $15/mt

May 13, 2013

The price spread between polyethylene terephthalate in Southeast Asia and Northeast Asia jumped to a five-month high of $15/mt Wednesday, from $10/mt a week ago, as high inventory levels in Northeast Asia curbed price gains there. PET on ...

Tags: PET, polyethylene terephthalate

The Revenue to Grow 19% in 2013 Is Expected by Indorama Ventures

Feb 25, 2013

Indorama Ventures Public Company Limited (IVL), the world’s leading vertically integrated Polyester Value Chain producer, saw revenues rise by US$ 678 m to US$ 6.78 billion in 2012. The general sentiments for commodity Polyester value ...

Tags: Indorama Ventures, Textile, Polyester

PCL Plans to Expand Its Annual U.S. Polyethylene Terephthalate Production Capacity

Dec 31, 2012

Indorama Ventures PCL, Thailand, plans to expand its annual U.S. polyethylene terephthalate (PET) production capacity by 540,000 metric tons at an undisclosed brownfield location. The expansion is expected to be completed in the fourth ...

Tags: Textile World, Textile, US PET, PET

CCA Acquired PT San Miguel Indonesia Food and Beverages for $47m

Dec 14, 2012

Coca-Cola Amatil (CCA) has announced the acquisition of the PT San Miguel Indonesia Food and Beverages non-alcoholic beverage bottling assets in Jakarta, Indonesia in a deal worth A$45m (($47m). CCA's acquisition follows the decision of ...

Tags: CCA, acquisition, San Miguel

IVL Has Completed The Previously Announced Acquisition of The PET

Dec 6, 2012

Indorama Ventures (IVL) has completed the previously announced acquisition of the polyethylene terephthalate (PET) assets of PT Polypet Karyapersada in Indonesia. The deal was first announced in March 2012. According to IVL, the deal ...

Tags: PET, Indonesia, deal

Indorama Has Approved to Expand The PET Polymers Production Capacity by Setting up a Plant

Nov 29, 2012

The Board of Directors of Indorama Ventures Public Company Limited has approved to expand the PET polymers production capacity in the USA by setting up a new plant with a capacity of 540,000 tonnes per year. This expansion,which is ...

Tags: pet capacity, Indorama

Indorama Announced Plans to Expand Its Annual Production Capacity by 540,000 Metric Tons

Nov 20, 2012

Indorama Ventures PCL, Thailand, has announced plans to expand its U.S. polyethylene terephthalate (PET) annual production capacity by 540,000 metric tons at an undisclosed brownfield location. The expansion is expected to be completed in ...

Tags: Indorama Ventures PCL, polyester and monoethylene glycol

Indorama Ventures Achieved a Consolidated Sales of US$ 1,697 Million

Nov 17, 2012

Indorama Ventures Public Company Limited for the third quarter of 2012 achieved a consolidated sales of US$ 1,697 million (Baht 53,249 million), consolidated reported EBITDA of US$ 122 million (Baht 3,818 million), consolidated net profit ...

Tags: Indorama, EBITDA, PET, PTA

Chinese PET Producers Are Planning to Increase Their Export Sales in 2012

Jan 13, 2012

Chinese PET producers report that they are planning to increase their export sales in 2012 as competition within the domestic market will heat up this year due to some large new capacity additions scheduled to come on-line in 2012. China is ...

Tags: Market View

North American Prices for PET Bottle Resin up 4% Pound

Oct 9, 2011

Tightness in raw material supplies has sent North American prices for PET bottle resin up by an average of 4 cent per pound since Sept. 1. Paraxylene feedstock, in particular, has been in tight supply, according to buyers contacted recently ...

Tags: PET bottle resin

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