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Indorama Ventures has entered into a joint venture agreement with Dhunseri Petrochem to acquire Egyptian Indian Polyester Company (EIPET) in Ain Sokhna, Egypt. The facility is one of the biggest in the Middle East and Africa.
“EIPET is a good fit with Indorama Ventures' strategy in the recyclable and sustainable PET business”yarnsandfibers.com
Summarized from public sources; check the original articles before acting on it.