10 August 2011 18:00 [Source: ICIS news]
LONDON (ICIS)--Bangkok-listed Indorama Ventures plans to build three new fibre plants in ?xml:namespace>
Indorama will build a 28,000 tonne/year recycled polyethylene terepthalate (PET) plant and a 16,000 tonne/year bi-component fibre plant in Thailand, the company said, while it also plans to build a 16,000 tonne/year bi-component fibre plant in Indonesia.
The first facility will be built in Nakhon Pathom province, near
The second scheme covers the construction of a custom bi-component yarn facility at Rayong on
A more tentative plan is the
Indorama did not give a cost estimate for the construction of the plants, but said that it is committed to spending a total of $85m (€59.5m) on new investments in
($1 = €0.70)
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