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Indorama Ventures temporarily shuts down unit after fire

August 29/2012

(yarnsandfibers) -- Thailand"s Indorama Ventures PCL (IVL.TH), the world"s largest polyester chain producer by capacity, has temporarily shut down the polyester staple fiber section of its plant in eastern Rayong province after a fire broke out on the roof late Thursday.

The unit has been shut in order to investigate the cause of the fire and for maintenance, the company said in a filing to the Stock Exchange of Thailand, adding that the fire was extinguished within 15 minutes.

"All other sections in the plant are running normally. There is no material damage to any of the assets or production line," it said, without elaborating on the production capacity.
Author:Anna Larionova
Tags:polyether, poliefir, Indorama Polyester Industries, Thailand.
Category:General News
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