IVL & DPL Complete Formation of JV To Manufacture and Sell PET Resins

摘要

Mumbai— Indorama Ventures Pcl (IVL) and Dhunseri Petrochem Ltd. (DPL) have completed the previously announced 50/50 joint venture for the production and sale of polyethylene terephthalate (PET) in India (PCN, 1 Aug 2016, p 2). As part of the arrangement, IVL has divested a 50% stake in its Indian PET manufacturing company, Micro Polypet Pvt. Ltd., to DPL. Micro Polypet has 216,000 t/y of PET capacity in Panipat.