Indorama to start PET plant in Nigeria

9:26 AM, 20th July 2012

BANGKOK, THAILAND: Indorama PET (Nigeria) Limited, an indirect subsidiary of Indorama Ventures Ltd (IVL), announced the start up solid state polymerization (SSP) PET plant with a capacity of 75,000 tonne at Port Harcourt, Rivers State, Nigeria. The commercial operations of the plant are effective from 19 July 2012. This is the first PET investment of IVL in Africa and thus establishes its foothold in the estimated 450,000 tonne PET market for the continent of Africa, which currently has only one other PET producer.

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