Indorama Ventures to acquire Oxiteno
August 25th, 2021
Indorama Ventures Public Co. Ltd. (IVL), a global chemicals producer, has agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business. Oxiteno is a leading integrated surfactants producer and […]
Indorama Ventures increases capacity in India
May 28th, 2021
Indo Rama Synthetics (India) Ltd., a subsidiary of global petrochemical producer Indorama Ventures Public Co. Ltd., will spend up to US $82 million upgrading equipment and adding capacity at its manufacturing site in Nagpur, India. The capital expenditure plan includes a new PET resin manufacturing facility, additional balancing equipment and a large range of specialty […]