IVL Completes Acquisition from BP Of Decatur PTA, PX & NDC Assets

摘要

Decatur-Indorama Ventures (IVL) has completed the acquisition of all of BP Amoco Chemical's purified terephthalate acid (PTA), par-axylene and naphthalene dicarboxylate (NDC) assets in Decatur, Ala. (PCN, 11 Jan 2016, p 1). The acquisition includes three PTA units with a combined capacity of 1.2-million t/y, a paraxylene unit and a NDC plant. Also included in the transaction are employees, working capital and related infrastructure, as well as the assumption of certain contracts with suppliers and customers. Value of the assets was not given.