Bangkok--4 Jun--Indorama Ventures
Indorama Ventures Public Company Limited (IVL), has officially opened its massive 432,000 tons a year PET resin plant, AlphaPet Inc, at Decatur, Alabama, USA. The opening ceremony was attended by State Senator for Alabama, Mr. Arthur Orr and Mr. Kosit Panpiemras, Chairman of Bangkok Bank in Thailand as well many local dignitaries and guests.
The opening marked the start-up of AlphaPet Line 2 and propels the Indorama Group as the world’s largest Polyester company.
The plant, which is co-located on the site of BP Chemical’s PTA facility in Decatur, Alabama, will serve North America with high quality PET resin, used in the manufacture of drinks bottles and other consumer goods packaging.
AlphaPet, one of the largest PET manufacturing sites in the United States, employs state-of-the-art Melt-To-Resin (MTR?) technology provided under license by Uhde Inventa Fischer of Germany. The use of MTR? technology has a number of advantages over conventional PET technologies including significant capital and operational savings, reduced energy consumption and a smaller environmental footprint.
With AlphaPet, Indorama Ventures is providing Alabama with employment during a period of global economic downturn. Moreover, throughout the 850,000 construction hours, there were no injuries, in keeping with IVL’s excellent health and safety standards and those of its contractors.
For journalists:
PET is Polyethylene terephthalate, a thermoplastic polymer resin of the polyester family and is used in synthetic fibers; beverage, food and other liquid containers.
PTA is Purified Terephthalic acid, is a precursor or feedstock of PET and Polyester.
About Indorama Ventures
Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB) is a leading producer in the polyester value chain in Thailand with strong global network and manufacturing across Asia, Europe and North America. Its products serve major players in diversified end use markets, including food, beverages, personal and home care, health care, automotives, textile, and industrial. The company’s main products are PTA, PET and Polyester fiber, which are distributed across the world. IVL has approximately 3,500 employees worldwide and annual consolidated revenue of $2.3 billion in 2009.
Issued by : Indorama Ventures Public Company Limited
For further information : Richard Jones
Indorama Ventures Public Company Limited
Tel. 0 2661 6661 ext. 680
Email:
[email protected]