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(infonary) -- Indorama Ventures PCL (IVL.TH), an
integrated polyester chain producer, said an indirectly owned subsidiary has
acquired 51% of a packaging company in Northern Ireland.
Beacon Trading
purchased the stake in Beverage Plastics (Holdings) Ltd., Indorama Ventures said
in a filing to the Stock Exchange of Thailand without elaborating.
Indorama Ventures Public Company Limited is one of the largest vertically
integrated polyester chain producers in the world and a leading global
manufacturer of wool yarns. Indorama Ventures is the largest PET producer
globally, as well as in the U.S.A and Europe regions. Indorama Ventures is
a world scale manufacturer of purified terephthalic acid (PTA), a key raw
material for the production of polyester.
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