02 March 2012 10:11 [Source: ICIS news]
SINGAPORE (ICIS)--Thailand-listed polyester maker Indorama Ventures Ltd (IVL) is looking at building a world-scale cracker in the ?xml:namespace>
“We just did a pre-feasibility study with a partner. We will do a year-long feasibility study and decide whether to go ahead [with the cracker project],” the spokesperson said, without elaborating.
The $795m (€596m) acquisition of Old World is expected to be completed in the first quarter of the year.
($1 = €0.75)
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