Home / Knowledge / News / Textiles / Indorama converts polyester yarn line to produce PET slices
Indorama converts polyester yarn line to produce PET slices
19
Dec '08
Indorama Ventures Limited in Thailand, has acquired 97 percent equity stake in Tuntex (Thailand) Public Company Limited.

Company sources informed Fibre2fashion.com, that the acquired company has two lines of production for polyester fibres and yarns at the same site which have not been in operation for more than 2 years.

Indorama Ventures Company has started construction work to convert one production line of Tuntex Thailand's to produce polyethylene terephthalate (PET) slices and the second line will continue to make polyester fibers and yarns. The conversion to PET resins of one line is expected to complete in Q3, 2009.

Combined capacity of two production lines is 280,000 tons per annum. The line converted to PET resins will have capacity of 100,000 ton per annum and the second line with capacity of 180,000 ton per annum will continue to produce polyester fibers and yarns. After completion of this project it is anticipated to produce 100,000 mt per year of PET chips.

The Company source further revealed that the PET capacity is expected to start commercially from July 2009. Until then, the plant can continue to produce polyester fibre and yarn, although it will be taken off-line in May or June in order to link the new and the old wing.

Indorama Polymers Public Company Limited is a major producer of PET resins, globally, with plants in Asia, Europe and North America. It will become the second largest global producer of PET resins in the world in year 2009 on completion of its expansions with a capacity of 1.4 million ton per annum.

Fibre2fashion News Desk - India


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Urmil Arya

Sushila International, a well established textile organisation established ...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search