# Indorama Ventures to acquire Sinterama for automotive polyester yarns

Indorama Ventures has agreed to acquire Sinterama, a global polyester automotive interiors and colored yarns manufacturer, with five production sites in Italy, Brazil, China and Bulgaria. The transaction is expected to close in Q3 2019.

- Type: Acquisition
- Announced: 2019-07-30
- Where: Italy
- Jobs: 889
- Status: announced
- Capacity: 30,000 tonnes per year
- Products: polyester automotive interior yarns, colored polyester yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (acquirer)
- [Sinterama](https://endata.com/companies/23827.md) (target)

## Sources

- [indoramaventures.com](https://www.indoramaventures.com/en/investor-relations/newsroom/press-releases/1286/indorama-ventures-announces-acquisition-of-sinterama), 2019-07-30: "This acquisition marks an important milestone in our strategic alliance with Sinterama."
- [polyestertime.com](https://www.polyestertime.com/indorama-ventures-acquisition-sinterama/), 2019-08-12: "This acquisition marks an important milestone in our strategic alliance with Sinterama, which has been a partner in Trevira si"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.