INDONESIA: Indorama Ventures to buy PTA producer
By just-style.com | 30 June 2011
Thailand's Indorama Ventures Limited, one of the world's leading producers of polyester yarns and fibres, has bought a 50% stake in Indonesian purified terephthalic acid (PTA) maker in a move aimed at securing supplies of the raw material for its polyester plants in Indonesia.
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