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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search