Positive first quarter for Indorama - sportstextiles: Lea SportsTextiles

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Positive first quarter for Indorama

21/05/2013
Bangkok-based PET manufactuer Indorama Ventures has announced revenues of approximately $1.9 billion for the first quarter of 2013, compared to $1.6 billion in the fourth quarter of 2012. Production volumes increased in the course of the first three months of this year to a record level of 1.42 million tonnes.

Announcing the results, chief executive, Aloke Lohia, commented: “We are on track to grow our output and earnings significantly this year. There are exciting new applications for polyester. We expect to see continued improvements in our earnings as we leverage on our product portfolio and global footprint to produce the right products at the best total cost of delivery.”



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