Plastics and Polymersworld trade 2024+3.9% 5Y CAGR
Indorama Ventures and Dhunseri form JV to acquire Egypt's EIPET PET plant
Indorama Ventures and India's Dhunseri Petrochem formed a 50:50 joint venture to acquire up to 50% of Egyptian Polyester Company (EIPET) and restart its 540,000 tonne/year PET plant in Ain Sokhna, Egypt. Financial details were not disclosed.
Capacity
540,000 tonnes/year
ProductsPET resinpolyethylene terephthalate
“Indorama Ventures Public Co Ltd (IVL) and India's Dhunseri Petrochem have teamed up to acquire and restart a 540,000 tonne/year polyethylene terephthalate (PET) facility in Egypt.”polyestertime.com
- 2 sources
- polyestertime.comIVL, Dhunseri form joint venture to acquire Egypt PET plant - Indorama Ventures Public Co Ltd (IVL) and India’s Dhunseri Petrochem have teamed up to acquire and restart a 540,000 tonne/year polyethylene terephthalate (PET) facility in Egypt - IVL Dhunseri joint venture Egypt PET plant • PolyestertimeJun 15, 2018
- petnology.comIndorama Ventures to support manufacturing revival in EgyptJun 18, 2018
Summarized from public sources; check the original articles before acting on it.
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