Indorama Ventures completes acquisition of M&G Chemicals' Corpus Christi facility
Indorama Ventures, through a joint venture, acquired a PTA-PET production facility in Corpus Christi, Texas, from M&G Chemicals via a bankruptcy auction. The purchase price and capital contributions totaled $1.125 billion.
Capacity
1.1 million metric tons per year of PET and 1.3 million metric tons per year of PTA
ProductsPTAPET
“The purchase price and capital contributions totaled $1.125 billion.”lowenstein.com
- 1 source
- lowenstein.comLowenstein Sandler Represents Indorama Ventures Public Company Limited in Completed Acquisition of M&G Chemicals’ Corpus Christi Production Facility | Lowenstein Sandler LLPPROFESSIONALS, LawyersJun 6, 2023
Summarized from public sources; check the original articles before acting on it.