Thailand's Indorama Ventures buys US ethylene business

Indorama Ventures buys Old World Industries' chemical business in Texas for $795 million.

<div style="text-align: left;"> Polyester yarn, just one of the products Indorama Ventures makes </div>

Lara Wozniak

February 09, 2012

As predicted, Asia is shopping abroad. In the latest example, Thailand’s Indorama Ventures has agreed to buy Old World Industries’ Texas-based ethylene business for $795 million.

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M&A
Southeast Asia

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