Indorama Ventures bids to buy M&G Polymers' West Virginia PET plant

Indorama Ventures Public Co. Ltd., through its U.S. subsidiary, is bidding as a stalking horse to buy M&G Polymers USA LLC's PET plant in Apple Grove, West Virginia, and R&D site in Sharon Center, Ohio, for $10 million. The sale is subject to bankruptcy court approval.

“Indorama, through its U.S. subsidiary Indorama Ventures Holdings LP U.S., was named as a stalking horse bidder for the Apple Grove, W.Va., and Sharon Center, Ohio, facilities in court documents filed Jan. 12.”polyestertime.com

• 1 source
• polyestertime.comIndorama wants to buy M&G West Virginia PET plant - Bangkok-based materials company Indorama Ventures Public Co. Ltd. is bidding to buy the West Virginia PET plant and Ohio research and development site of bankrupt M&G Polymers USA LLC. -Indorama Mossi Ghisolfi West Virginia PET plant • PolyestertimePlastics News ReportJan 17, 2018

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