Indorama Starts Production at Acquired PTA & PET Assets in Portugal. Egypt

摘要

Bangkok- Indorama Ventures (IVL) has commenced production of purified terephthalic acid (PTA) and polyethylene terephthalate (PET) at plants it acquired from Artlant PTA in Portugal and EIPET in Egypt, respectively. IVL completed the acquisition of the 700,000-t/y PTA facility, located at the Sines industrial complex, in Late 2017 (PCN, 4 Dec 2017, p 1). Value of the transaction, which included all equipment, surface rights and employment contracts, was not disclosed.