M&G

United States

Activity by year

201820192020202120222023202420252026

Acquisition

Announcements · 3

Mar 25, 2018ACQUISITIONCorpus Christi, Texas, United States$1.13B
Indorama Ventures, Far Eastern Investment and Alpek acquire M&G's PET/PTA plant in Texas
Indorama Ventures, Far Eastern Investment and Alpek set up a JV called CC Polymers to acquire M&G's integrated PET/PTA assets in Corpus Christi, Texas for US$1.125 billion. Each partner will invest around US$375 million for one-third offtake. The plant has annual capacity of 1.1 million MT of PET and 1.3 million MT of PTA.
Indorama Ventures investor Alpek investor M&G target Far Eastern Investment investor CC Polymers acquirer #Plastics and Polymers packagingsouthasia.com
Mar 21, 2018ACQUISITIONCorpus Christi, Texas, United States$1.13B
Corpus Christi Polymers joint venture to acquire M&G plant in Texas
A joint venture investment group entered an agreement to acquire the M&G plastics production plant in Corpus Christi, Texas for $1.125 billion. The partially built facility has a planned capacity of 1.1 million metric tons per year.
Indorama Ventures investor Indorama Ventures partner Alpek investor Alpek partner Corpus Christi Polymers acquirer M&G USA Corp target #Plastics and Polymers resource-recycling.com polyestertime.com dmi-consult.com
Feb 7, 2018ACQUISITIONApple Grove, West Virginia, United States$33.5M
Far East New Century wins bid for M&G PET plant and R&D center
Taiwan's Far East New Century Corp (FENC) successfully bid $33.5 million for M&G's 800 million lb/year PET resin plant in Apple Grove, West Virginia, and an R&D center in Ohio.
Far East New Century Corp acquirer M&G target #Plastics and Polymers polyindex.net

Dealingsⓘ

Acquired by

Loading…