Indorama Ventures to expand annual US PET production capacity by 540,000 tons

Thailand-based Indorama Ventures plans to expand its annual US polyethylene terephthalate (PET) production capacity by 540,000 tons at an undisclosed brownfield location, as per The Hindu. The expansion is expected to be completed in the Q4-2015 and will bring the company’s total North American PET capacity to 2.1 mln tpa.
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