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Indorama makes $82 million strategic investment to serve Indian markets

Print 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 bengalIndorama ventures public company limitedDhunseri venturesIndo rama synthetics indiaDhunseri petrochemDhunseri petrochem industriesIndo rama syntheticsIntegrated oxidesMicro polypetPetrochem industriesDhunseri ventures limitedDhunseri petrochem limitedமேற்கு பெங்கல்இந்தோரமா முயற்சிகள் பொது நிறுவனம் வரையறுக்கப்பட்டவைதுன்செறி முயற்சிகள்இந்தோ ராமா செயற்கை இந்தியா

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 bengalDhunseri petrochem industriesIndo rama syntheticsIndorama venturesIntegrated oxidesPetrochem industriesமேற்கு பெங்கல்துன்செறி பெட்ரோகெம் தொழில்கள்இந்தோ ராமா செயற்கைஇந்தோரமா முயற்சிகள்பெட்ரோகெம் தொழில்கள்

India imposes anti-dumping duty on bottle grade PET from China as imports rise 67%

India imposes anti-dumping duty on bottle grade PET from China as imports rise 67%
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Dhunseri petrochem industriesIndian plastics federationReliance industriesPolyethylene terephthalateDirectorate generalTrade remediesDepartment of commerceFinance ministryPetrochem industriesPlastics federationதுன்செறி பெட்ரோகெம் தொழில்கள்இந்தியன் பிளாஸ்டிக் கூட்டமைப்புநம்பகத்தன்மை தொழில்கள்இயக்குநரகம் ஜநரல்வர்த்தகம் வைத்தியம்துறை ஆஃப் வர்த்தகம்

India imposes anti-dumping duty on bottle grade PET from China as imports rise 67%

India imposes anti-dumping duty on bottle grade PET from China as imports rise 67%
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.