Indorama makes polymer acquisition in Spain
12/11/2015
Thai industrial group Indorama has reached agreement to acquire a polymer-making subsidiary of Spanish oil and chemicals group Cepsa. The acquisition will bring into Indorama’s control a plant near Cádiz in the south of Spain that makes polyethylene terephthalate (PET) and purified terephthalic acid (PTA). Cepsa acquired the plant in 2011; it had ...