# Indorama Ventures invests $82M to upgrade Nagpur facility with new PET resin line

Indorama Ventures is investing US$82 million to upgrade its manufacturing site in Nagpur, India, including a new PET resin manufacturing facility with 700 tons per day capacity, expected operational by Q2 2022.

- Type: Investment
- Announced: 2021-05-25
- Where: Nagpur, India, India
- Value: $82.0M
- Starts operating: Q2 2022
- Status: announced
- Capacity: 700 tons per day
- Products: PET resin, specialty yarns
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Indorama Ventures Public Co. Ltd.](https://endata.com/companies/16732.md)

## Sources

- [canplastics.com](https://www.canplastics.com/materials/indorama-ventures-invests-82-million-to-upgrade-india-facility/1003456273/), 2021-05-27: "Indorama Ventures is investing US$82 million to upgrade equipment and add capacity at its manufacturing site in Nagpur, India."

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