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Sinochem News.
com.
cn Thailand's petrochemical giant Indorama Ventures (Indorama Ventures) recently announced that the company will invest 6 billion rupees to build additional production facilities in India to increase the amount of polyterephthalic acid used as a raw material for PET bottles.
Production capacity of PET resin and nylon yarn
.
It is reported that the project will be implemented by Indorama Venture Capital's subsidiary in India
.
Through this investment, the local PET resin production capacity is expected to increase by 700 tons per day
Indorama Ventures is the world's largest PET producer, with offices in 33 countries/regions