# 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.

- Type: New facility
- Announced: 2020-12-03
- Where: Rayong, Thailand
- Status: announced
- Capacity: 11,000 tonnes per year
- Products: polyamide 66 airbag 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) (partner)
- [Toyobo](https://endata.com/companies/7774.md) (partner)

## Sources

- [textilemedia.com](https://www.textilemedia.com/mobiletex/latest-news/ivl-and-toyobo-to-build-airbag-yarn-plant-in-thailand-2/), 2020-12-03: "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."

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