Indorama Ventures to acquire Ngoc Nghia Industry in Vietnam

Indorama Ventures is acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company, a PET converter in Vietnam with four manufacturing sites and capacity of 5.5 billion units per year. The transaction is expected to complete in the first half of 2022.

“Indorama Ventures Public Company Limited announces that it is in the process of acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company”indoramaventures.com

• 2 sources
• indoramaventures.comIndorama Ventures to expand packaging business into Vietnam strengthening market position in Asia-Pacific | Indorama VenturesJan 10, 2022
• vnpolyfiber.comIndorama Ventures PET resin producer acquired Viet Nam's plastic packaging manufacturer - Polyester Staple Fiber Partners from Asia - VNPOLYFIBERJan 14, 2022

Summarized from public sources; check the original articles before acting on it.