Indorama Ventures to invest $82M in Nagpur plant expansion

Indorama Ventures subsidiary Indo Rama Synthetics will invest up to INR 6 billion ($82M) to add a new PET resin facility and specialty yarn capacity at its Nagpur, India plant. The PET line will add 700 tons/day capacity and is expected to be operational by Q2 2022.

“India is a strategic high-growth market for us.”indoramaventures.com

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• indoramaventures.comIndorama Ventures increases capacity in India with strategic investment in its Nagpur manufacturing plant | Indorama VenturesMay 25, 2021

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