The company will spend Rs 6 billion to upgrade equipment and add capacity at its Nagpur manufacturing site. The new PET resin facility at Nagpur is expected to be operational by Q2 of 2022
Indorama Ventures Public Company Limited (IVL), a global sustainable chemical producer, has been awarded ‘Best Regional Loan’ in the manufacturing sector for its US$300 million Blue Loan – the first of its kind granted to a plastic resin manufacturer.