Indorama Ventures has started production of PTA and PET at its plants it acquired from Artlant PTA in Portugal and EIPET in Egypt, respectively. IVL completed the acquisition of the 700,000-t/y PTA facility, located at the Sines industrial complex, in Late 2017 (PCN, 4 Dec 2017, p 1). IVL, through its indirect subsidiary In-dorama Netherlands, entered into an agreement with Dhunseri Petrochem to acquire and restart the 540,000-t/y PET plant in Ain Sokhna, Egypt.
