Indorama Ventures acquires polyester assets in other countries

 Thailand’s Indorama Ventures Public Company Limited has signed agreements with Korea’s SK Chemicals Company Limited to acquire the entire issued capital of SK Eurochem Sp. z o.o., in Poland and PT SK Keris together with its subsidiary PT SK Fiber in Indonesia. The acquisitions will consolidate Indorama Ventures (IVL) position in the two important emerging markets of East Europe and Southeast Asia with PET resin and polyester fibres and yarns businesses. SK Eurochem is a 140,000 tonnes per annum PET manufacturing facility while SK Keris is a 160,000 tonnes per annum PET and polyester filament yarn manufacturing facility, while SK Fiber Indonesia is a polyester filament yarn manufacturing facility with a capacity of 36,000 tonnes per annum.