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Indorama expands PET capacity in Europe

April 11/2011

(Indorama) -- The Board of Directors of Indorama Ventures PCL at their meeting dated April 05, 2011, has approved a Brownfield expansion of PET polymers production in Europe with a capacity
increase of 220 KTa. This expansion, which is expected to be completed in
2013 will be very cost competitive and take IVLТs total capacity in Europe of PET Polymers
up to 1.300.000 mtpa. per annum through its five strategically located operating units. The
decision to approve the expansion was motivated by the supply/demand dynamics within EU
and the need for competitive assets to improve service to customers.

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