News Tags

Related Keywords: bring cost synergies to the site, Indorama Ventures Public Company Limited, leading petrochemical producers, location allows access to whole of Europe, low cost proven technology, PTA plant, Purified terephthalic acid, Rotterdam facility, successfully completed capacity expansion, total PTA capacity of seven lakh tonnes per annum

Indorama Ventures Public Company Limited, one of the leading petrochemical producers, has successfully completed capacity expansionn of its Purified Terephthalic Acid (PTA) plant, resulting in the total PTA capacity of 700,000 tonnes per annum at Rotterdam.

Aloke Lohia Group CEO of Indorama Ventures said that with this low cost proven technology and nearly double the PTA production capacity, the expansion will bring cost synergies to the site. The Rotterdam facility is well positioned to support the continued growth as its location allows access to the whole of Europe.

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.

Related Keywords: ethane and propane feedstock supply, gas cracker in Lake Charles, Indorama Ventures Public Company Limited, IVL, Lake Charles ethylene cracker, leading global chemical producer, Louisiana, mono ethylene glycol, purified ethylene oxide, signed long-term agreement, supplier of natural gas liquids, Targa Resources Corp, undergoing refurbishment

Indorama Ventures Public Company Limited (IVL), a leading global chemical producer has signed a long-term agreement with Targa Resources Corp, a leading supplier of natural gas liquids (NGLs) in Mont Belvieu, Texas for all of its ethane and propane feedstock supply requirements for the Company’s gas cracker in Lake Charles, Louisiana.

Under this agreement, Targa Resources Corp. will not only supply IVL with all its ethane and propane requirements but also provide storage for these gases locally at Lake Charles.