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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Indorama Ventures acquires 74% stake in Egypt's Medco Plast · Endata

◂ Announcements

Plastics and Polymersworld trade 2024+3.9% 5Y CAGR

Packagingworld trade 2024+3.9% 5Y CAGR

Nov 15, 2018ACQUISITIONEgypt

Indorama Ventures acquires 74% stake in Egypt's Medco Plast

Indorama Ventures (IVL) acquired a 74% share of Egypt-based PET preforms maker Medco Plast, which has annual capacity of 70,000 metric tonnes. The deal was reported on 15 November 2018.

Status

Completed

Capacity

70,000 metric tonnes per year of PET preforms

ProductsPET preformsinjection-moulded productsclosures

CompaniesIndorama Ventures acquirer Medco Plast target Middle East Glass Manufacturing partner

Sectors#Plastics and Polymers #Packaging

“Thailand-based petrochemicals company Indorama Ventures (IVL) has acquired 74% of the share capital of Egypt-based PET preforms maker Medco Plast for Packing and Packaging Systems.”packaging-gateway.com

1 source
packaging-gateway.comIVL buys 74% stake in Egypt’s PET preforms maker Medco PlastNov 15, 2018

Summarized from public sources; check the original articles before acting on it.

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