Acquisition and disposition of assets



Ref.No. IVL 002/04/2012

04 April 2012

President
The Stock Exchange of Thailand

Subject: Report on the Completion of the Acquisition of 100% Partnership
Interest in Ethylene Oxide/Ethylene Glycol Facility in USA and the Establishment
of Three New Subsidiary Companies.

With reference to the disclosure made by Indorama Ventures Public Company
Limited ("IVL") on 7 February 2012, regarding the acquisition of 100%
partnership interest in Old World Industries I Ltd., and Old World
Transportation Ltd., in Clear Lake, Texas, USA. IVL would like to inform that it
has completed all the closing formalities and has taken charge of the plant
effective April 1, 2012.

In addition, IVL has formed the following three wholly owned, holding, indirect
subsidiaries in USA in order to hold the Old World businesses:


1. Indorama Ventures Holdings LP
2. Indorama Ventures Investment LLC
3. Indorama Ventures Capital LLC

Please be informed accordingly.

Yours faithfully,


(Mr. Souvik Roy Chowdhury)
Company Secretary
______________________________________________________________________
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