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Related Keywords: 000 tonnes/annum, Brazil’s largest PET asset, Cabo plant manufactures and supplies Polyester Staple Fiber, driven by supply chain optimization, fiber business, fibers industry, fibers market, global chemical producer, nonwoven applications, with total polymerization capacity of 75

Indorama Ventures Public Co. Ltd. (IVL), a global chemical producer, announced the completion of its acquisition of M&G Fibras Brasil, in Cabo de Santo Agostinho, Brazil. The Cabo plant manufactures and supplies Polyester Staple Fiber, with total polymerization capacity of 75,000 tonnes/annum.

Related Keywords: acquire DuraFiber Technologies México Operations, entered negotiations, global chemical producer, high value added automative segment, Indorama Ventures Public Co Ltd, industrial, Mexican producer of durable technical textiles, specialty applications globally, strategy of pursuing accretive growth opportunity, tire reinforcement

A global chemical producer, Indorama Ventures Public Co Ltd. (IVL), has entered negotiations to acquire DuraFiber Technologies México Operations, S. A. DE C. V. (DFT), a Mexican producer of durable technical textiles for industrial, tire reinforcement, and specialty applications globally.

Aloke Lohia, Indorama Ventures group CEO, said that the acquisition of DuraFiber is strongly aligned with their strategy of pursuing accretive growth opportunities in the high value-added automotive segment.

Related Keywords: entered into a definitive agreement, Glanzstoff, global chemical producer, Indorama Ventures Public Company Limited, IVL, major European manufacturer of tire cord fabrics, single endcords for high performance tire applications. transaction expected to close during second quarter of this year, to acquire Glanzstoff Group

Indorama Ventures Public Company Limited (IVL), a global chemical producer to acquire Glanzstoff Group has entered into a definitive agreement. Glanzstoff is a major European manufacturer of tire cord fabrics and single-end-cords (SEC) for high performance tire applications. This transaction is expected to close during the second quarter of 2017, subject to regulatory approval.