MOSCOW (MRC) -- Indorama is in plans to shut a purified terephthalate (PET) plant for a maintenance turnaround, as per Apic-online.
A Polymerupdate source in Thailand informed that the company has schedule turnaround at the plant in November 2018 for a period of around two weeks. The exact date of the shutdown could not be ascertained.
Located at Lop Buri, Thailand, the PET plant has a production capacity of 180,000 mt/year.
As MRC wrote before, in June 2018, Indorama Ventures Public Company Limited (IVL), a global chemical producer, entered into a joint venture agreement with Dhunseri Petrochem Ltd. (Dhunseri) to acquire its Egyptian Indian Polyester Company S.A.E. (EIPET) PET facility located in Ain Sokhna free trade zone, North West of the Gulf of Suez in Egypt. This plant has a manufacturing capacity of 540,000 tonnes per annum.
Indorama Ventures Public Company Limited, listed in Thailand, is one of the world's leading petrochemicals producers, a global manufacturing footprint with 59 sites in 20 countries across Africa, Asia, Europe and North America. The company's portfolio is comprises necessities and high value-added (HVA) categories of polymers, fibers, and packaging. Indorama Ventures has approx. 15,000 employees worldwide and consolidated revenue of USD 8.4 billion in 2017. The company is listed in the Dow Jones Sustainability Index (DJSI).
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