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.
