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Indorama Ventures and Huvis announced a 50:50 joint venture to build a Low Melting Fiber plant in the US with 60,000 tonnes annual capacity. The joint venture is expected to be established in 2018 and operational in 2019.
“The joint venture is expected to be established in 2018, and will be operational in 2019, subject to various agreements and regulatory approvals as may be applicable.”indoramaventures.com
Summarized from public sources; check the original articles before acting on it.