Indorama Ventures to consult employees on plans for UK PET site

05 September 2013 11:05  [Source: ICIS news]

LONDON (ICIS)--Thailand-based Indorama Ventures is in consultation with its employees to discuss its future plans for the polyethylene terephthalate (PET) plant in Workington, the UK, a company source said on Thursday.

"It relates to the economic performance of the PET market," the source said.

The Workington plant has a nameplate capacity of 155,000 tonnes/year, according to ICIS.

Indorama sealed the purchase of Eastman's PET and upstream purified terephthalic acid (PTA) assets in the UK and the Netherlands in December 2007.

($1 = €0.76)

Follow me on Twitter
Please visit the complete ICIS plants and projects database

By: Caroline Murray
44208 652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly