Indorama Netherlands to acquire Ngoc Nghia Plastics for $91M

Indorama Netherlands B.V. announced plans to acquire all shares of Ngoc Nghia Plastics JSC, a Vietnamese PET packaging manufacturer, for $91 million. Ngoc Nghia has four sites and a production capacity of 5.5 billion units of PET preforms, bottles, and closures per year.

“This investment opportunity is in line with IVL’s business strategy of expanding its footprint in growing economies like Vietnam.”vir.com.vn

• 1 source
• vir.com.vnIndorama Netherlands to acquire Ngoc Nghia PlasticsOanh Nguyen Vietnam Investment ReviewMar 23, 2022

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