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.
