Acquisition and disposition of assets



Ref. No. IVL 004/07/2012

20 July 2012

President
The Stock Exchange of Thailand


Subject: Start up of Solid State Polymerization (SSP) Plant in Nigeria


With reference to the disclosure dated 11 August 2010 on the setting up of a
Solid State Polymerization (SSP) PET Plant with a capacity of 75,000 tonnes at
Port Harcourt, Rivers State, Nigeria by Indorama PET (Nigeria) Limited, an
indirect subsidiary of the Company, IVL is pleased to inform the start up of the
commercial operation effective from 19 July 2012.

This is the first PET investment of IVL in Africa and thus establishes its
foothold in the estimated 450,000 tonnes PET market for the continent of Africa,
which currently has only one other PET producer.



Please be informed accordingly


Yours faithfully,




(Mr. Souvik Roy Chowdhury)
Company Secretary
______________________________________________________________________
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