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Related Keywords: acquiring remaining twenty five percent shareholding of Trevira, become a wholly owned subsidiary of IVL, consolidated ownership, IVL, joint venture partner Sinterama Spa, leading European fiber manufacturer, Thailand based Indorama Ventures PCL Group

Thailand-based Indorama Ventures PCL Group (IVL) has consolidated its ownership by acquiring the remaining 25-percent shareholding of Trevira from its earlier joint venture partner Sinterama S.p.A. with this Trevira GmbH, a leading European fiber manufacturer has become a wholly owned subsidiary of IVL.

Trevira with its renowned brand is an integral part within their specialty portfolio strategy, explains Uday Gill, CEO of IVL’s Fibres Business. They see further growth potential especially in the hygiene and automotive segments, as well as in the high-end home textiles business.

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.

Related Keywords: Cepsa, completes deal to acquire, Indorama set to become integrated player, IVL, North American PET market, PTa industrial plant, Spanish petrochemical company

Thailand based Indorama Ventures Public Company Limited (IVL) completed the deal to acquire the purified terephtalic acid (PTA) industrial plant of Spanish petrochemical company CEPSA Chimie Montréal s.e.c in Montreal, Canada. With the acquisition of Cepsa's PTA plant, Indorama is set to become an integrated player in the North American PET market.

Related Keywords: Bangkok Cable Company Ltd, Bangkok Polyester, BPC, IVL, polyethylene terephthala, polymer maker, Subsidiary Indorama Petrochem ltd, Thailand Indorama Ventures

Thailand’s Indorama Ventures Public Company Limited (IVL) informed on Wednesday that its subsidiary Indorama Petrochem Limited, Thailand has signed a definitive share purchase agreement with Bangkok Cable Company, Limited, a major shareholder, to acquire 94.91 percent equity stake in polyethylene terephthalate (PET) polymers maker Bangkok Polyester Public Company Limited (BPC), Thailand.

Bangkok Polyester is a producer of PET polymers in Rayong, Thailand, with an annual capacity of 105,000 tons.