Indorama Ventures Public Company Limited (IVL), the world's leading vertically integrated Polyester Value Chain producer, has undergone partial resumption of the PET plant of Indorama Polymers and AsiaPet in Lopburi following a shutdown due to flooding from the end of September last year. The plant will ramp up production and is expected to be fully operational in May 2012. The company's packaging arm, Petform, is expected to come online shortly after and the Indorama Holding Wool facility is expected to return to service later in the year.
The Lopburi PET facility has a capacity of 178,000 tonnes per annum. It produces mainly bottle-grade PET for all the major fast-moving consumer goods companies in Thailand. IVL has another 91,000 tonnes of PET capacity at its site in Rayong, on the east coast of Thailand.
