Indorama Ventures enters joint venture to acquire M&G's PTA-PET plant in Corpus Christi

Corpus Christi Polymers LLC, a joint venture of Alpek, Indorama Ventures and Far Eastern Investment, agreed to acquire M&G USA Corp.'s integrated PTA-PET plant under construction in Corpus Christi, Texas, for $1.125 billion. The plant will have nominal capacity of 1.1 million metric tons of PET and 1.3 million metric tons of PTA per year.

“The Corpus Christi Project is an integrated PTA-PET plant currently under development that, when completed, will have nominal capacity of 1.1 million and 1.3 million metric tons per year of PET and PTA, respectively.”indoramaventures.com

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• indoramaventures.comIndorama Ventures Enters into a Joint Venture to Acquire the Integrated PTA-PET Assets in Corpus Christi, Texas, USA | Indorama VenturesMar 21, 2018

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