APIC '12: Indorama Ventures’ PET unit to resume full operations

18 May 2012 10:07  [Source: ICIS news]

KUALA LUMPUR (ICIS)--Thailand-listed Indorama Ventures’ 178,000 tonne/year polyethylene terephthalate (PET) bottle chip plant at Lopburi in Thailand is expected to be fully operational by the end of May 2012, a top company official said on Friday.

"One line, the bigger one, at the plant is already running at full capacity, while the other is expected to be fully operational by the end of the third week," said DK Agarwal, CEO of the company's PET business, without specifying the capacities of the two lines.

Agarwal was speaking on the sidelines of the 34th Asia Petrochemical Industry Conference (APIC), which runs from 17-18 May in Kuala Lumpur, Malaysia.

The Lopburi plant, which mainly produces bottle-grade PET for major consumer goods companies in Thailand, was shut on 23 September 2011 because of flooding, according to Agarwal.

Indorama Ventures has another PET plant in Rayong on the east coast of Thailand and the plant has an annual PET capacity of 91,000 tonnes.

By: Nurluqman Suratman

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