02 March 2011 13:27 [Source: ICIS news]
“With this acquisition we have achieved our strategic plan to grow further our interests in PET resin production in
SK Eurochem operates a 140,000 tonne/year PET plant at
The acquired company has now been renamed as Indorama Polymers, Short said.
Indorama did not disclose financial information about the acquisition.
On 23 February,
When announcing its agreement to buy SK Eurochem last December, Indorama also stated that it was to acquire SK Chemicals’ PET resin manufacturer PT SK Keris, together with its polyester fibres and yarns subsidiary, PT SK Fiber, which are based in Indonesia.
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