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Indorama makes $82 million strategic investment to serve Indian markets


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D K Agarwal, CEO of Combined PET, IOD and Fibers Business at Indorama Ventures: “India is a strategic high-growth market for us. Our capital expenditure plan reflects our long-term commitment to the industry’s development in India. It is important that we continually invest to ensure that we can serve our customers across India, wherever we are needed.”
Underscoring the strategic importance it attaches to the Indian market, global petrochemical producer Indorama Ventures Public Company Limited (IVL) is investing heavily in one of its manufacturing facilities there. IVL subsidiary Indo Rama Synthetics (India) Limited will spend up to INR 6 billion (€67 million) to upgrade the equipment and to add new capacity at its manufacturing site in Nagpur, India. ....

West Bengal , Indorama Ventures Public Company Limited , Dhunseri Ventures , Indo Rama Synthetics India , Dhunseri Petrochem , Dhunseri Petrochem Industries , Indo Rama Synthetics , Integrated Oxides , Micro Polypet , Petrochem Industries , Dhunseri Ventures Limited , Dhunseri Petrochem Limited , மேற்கு பெங்கல் , இந்தோரமா முயற்சிகள் பொது நிறுவனம் வரையறுக்கப்பட்டவை , துன்செறி முயற்சிகள் , இந்தோ ராமா செயற்கை இந்தியா , துன்செறி பெட்ரோகெம் , துன்செறி பெட்ரோகெம் தொழில்கள் , இந்தோ ராமா செயற்கை , பெட்ரோகெம் தொழில்கள் , துன்செறி முயற்சிகள் வரையறுக்கப்பட்டவை ,

Indorama invests US$ 82 million in India


Indorama invests US$ 82 million in India
$82 million upgrade will take IVL PET resin manufacturing in India to over a million tons annually.
26th May 2021
Indo Rama Synthetics, a subsidiary of global petrochemical producer Indorama Ventures (IVL) is to invest up to US$82 million upgrading equipment and adding capacity at its manufacturing site in Nagpur, India.
The capital expenditure plan includes a new PET resin manufacturing facility, additional balancing equipment and lines to produce a large range of specialty yarns, further strengthening the company’s ability to serve clients across the country.
India is a strategic market for IVL, where the company operates all three of its global integrated business segments – Combined PET, Fibres and Integrated Oxides and Derivatives (IOD). ....

West Bengal , Dhunseri Petrochem Industries , Indo Rama Synthetics , Indorama Ventures , Integrated Oxides , Petrochem Industries , மேற்கு பெங்கல் , துன்செறி பெட்ரோகெம் தொழில்கள் , இந்தோ ராமா செயற்கை , இந்தோரமா முயற்சிகள் , பெட்ரோகெம் தொழில்கள் ,