Thai IVL to start up new PET lines in Kaiping in early June
31 May 2012 10:11 [Source: ICIS news]
SINGAPORE (ICIS)--Thailand-based Indorama Ventures Ltd (IVL) plans to start up its polyethylene terephthalate (PET) bottle grade chip lines in ?xml:namespace>Kaiping, China’s Guangdong province, by next week, a company source said on Thursday.
The addition of the company’s new lines, with a total nameplate capacity of 300,000 tonnes/year, will boost its total capacity in Kaiping to around 400,000 tonnes/year.
The company will focus more on the export market after the start-up and slowly expand its base in the domestic market, the source added.
Indorama is the world’s biggest PET producer.By: Yu Guo+65 6780 4359
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