Indorama Ventures and Toyobo to build airbag yarn plant in Thailand

Indorama Ventures, through its subsidiary Indorama Polyester Industries, entered into a 50:50 joint venture with Toyobo to build a new plant at Rayong, Thailand, for production of polyamide 66 airbag yarns. The facility will have an annual capacity of 11,000 tonnes.

“Indorama Ventures (IVL) has ... entered into a joint venture agreement with Toyobo to form a 50:50 joint venture limited liability company in Thailand to build a new plant ... for the production of polyamide 66 airbag yarns.”textilemedia.com

• 1 source
• textilemedia.comIVL and Toyobo to build airbag yarn plant in Thailand | Textile Media ServicesDec 3, 2020

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